SPAC Update – March 3
– PLMI announced a business combination with Sakuu
– MLAI to liquidate Mar 3, NAV $10.39
– BGSX to liquidate Mar 17, NAV $10.21
– ACAH stockholders approved deadline extension to June 8 2023, 31.0 million shares (89.8%) redeemed, 3.5 million shares remain, NAV $10.14
– TRCA announced 16.1 million shares (75.6%) tendered for redemption
– REVE stockholders approved deadline extension to Apr 2 2023, 10.5 million shares (98.0%) redeemed, 211k shares remain, NAV $10.50
– TLGY extended deadline to Apr 3 2023, added $200k to trust account
– AURC stockholders approved deadline extension to Sept 30 2023, 25.8 million shares (92.6%) redeemed, 2 million remain, NAV $10.22
– DSAQ filed DEF14a to extend deadline to June 28 2023 + 9 months, vote Mar 22, NAV $10.41, trust account will not be used to cover potential excise tax
– INAQ extension vote postponed to Mar 6
– PIAI postponed extension vote to Mar 8, 2.7 million shares (40.1%) redeemed
– FRXB extension vote
– DHCA extension vote
– ATAQ extension vote
– DMYS tender expires
– FMIV redemption
– SAMA / Point Blank Enterprises deal rumor