SPAC Update – March 22

– JMAC stockholders approved Apollomics deal, 10.3 million shares (99.2%) redeemed, 80k shares remain
– DHHC / United Homes Group announced $80 million of convertible promissory notes
– INKA stockholders approved Near deal, closing Mar 22
– PLMI stockholders approved deadline extension to Mar 18 2024, 26.7 million shares (83.6%) redeemed, 5.2 million shares remain, NAV $10.23
– FRLA filed DEF14a to extend deadline to Nov 5 2023, vote Apr 10, NAV $10.58
– SMAP filed DEF14a to extend deadline to Dec 20 2023, vote Apr 14, NAV $10.40, trust account will not be used to cover potential excise tax
– RAM to liquidate, NAV $10.51
– LFAC extended deadline to Apr 19 2023, added $452k to trust account
– TLGY extended deadline to May 3 2023, added $200k to trust account
– BREZ extension vote
– DSAQ extension vote
– WTMA redemption
– RFAC redemption
– AOGO redemption