SPAC Update – March 23

– SCAQ business combination with Force Pressure Control
– INKA / NIR deal closed
– DSAQ adjourned extension vote to Mar 24, 18.5 million shares tendered for redemption
– TWOA sponsor to sell its class B shares to group led by Thomas Hennessy, directors and officers to resign and be replaced
– BRLI extended deadline to Apr 23 2023, added $32.5k to trust account
– BYTS stockholders approved deadline extension to Sept 25 2023, 30 million shares (92.7%) redeemed, 2.4 million shares remain, NAV $10.18
– IXAQ filed DEF14a to extend deadline to Apr 12 2024, vote Apr 10, NAV $10.27
– ITAQ filed DEF14a to extend deadline to Dec 14 2023, Vote Apr 10, NAV $10.40, trust account will not be used to cover potential excise tax
– FIAC filed DEF14a to extend deadline to May 1 2024, trust account will not be used to cover potential excise tax
– PGRW filed PRE14a to extend deadline to Nov 8 2023, NAV $10.29
– ACAQ extended deadline to Apr 22 2023, added $113k to trust account
– DWAC terminated Patrick Orlando as CEO, appointed Eric Swider
– DHHC deal vote
– GMFI extension vote