SPAC Update – March 9

– APNC announced a business combination with GIO World Health
– FRON to liquidate Mar 16, NAV $10.16
– LION / SMX deal closed
– DTOC stockholders approved deadline extension to June 30 2023 + 3 months, 31.5 million shares (94.5%) redeemed, 1.8 million shares remain, NAV $10.19
– VAQC stockholders approved deadline extension to Mar 12 2024, 41.1 million shares (91.3%) redeemed, 3.9 million shares remain, NAV $10.22
– AGAC stockholders approved deadline extension to June 2 2023 + 9 months, 36.0 million shares (87.1%) redeemed, 5.3 million shares remain, NAV $10.21
– MBAC stockholders approved deadline extension to Dec 8 2023, 35.4 million shares (88.7%) redeemed, 4.5 million shares remain, NAV $10.14
– ATAK extended deadline to Apr 9 2023, added $135k to trust account
– WEL extended deadline to June 13 2023, added $1.15 million to trust account
– GAMC confirmed trust account will not be used to cover potential excise tax
– XFIN filed PRE14a to extend deadline to Oct 25 2023
– WTMA filed DEF14a to extend deadline to Sept 30 2023, vote Mar 24, NAV $10.38, trust account will not be used to cover potential excise tax
CCTS filed PRE14a to extend deadline to Nov 2 2023
– RFAC filed DEF14a to extend deadline to Dec 28 2023, vote Mar 24, NAV $10.29, trust account will not be used to cover potential excise tax
– AMAO filed DEF14a to extend deadline to Sept 22 2023, Vote Mar 21, NAV $10.15
– MBTC filed DEF14a to extend deadline to Oct 5 2023, vote Apr 3, NAV $10.74
– BSGA filed PREM14a for Bitdeer deal, NAV $10.84
– NOVV extended deadline to Apr 10 2023, $75k added to trust account
– LBBB extension vote
– IGTA redemption
– ROSS redemption