SPAC Update – May 12

– BSAQ announced a business combination with VinFast
– FGAA/u.to announced a business combination with ThinkMarkets
– RMGC announced a business combination with H2B2
– PSPC to liquidate May 30
– LGVC stockholders approved deadline extension to May 16 2024, 22.3 million shares (88.3%) redeemed, 3.0 million shares remain, NAV $10.52
– MACQ stockholders approved deadline extension to Feb 7 2024, 2.4 million shares (68.9%) redeemed, 1.1 million shares remain
– BNIX extended deadline to June 14 2023, added $75k to trust account
– FATP extended deadline to June 15 2023
– EVGR extension vote cancelled, extended deadline to Aug 11 2023 by adding $1.15 million to trust account
– MTAL / CSA Copper Mine announced $26 million additional PIPE investment for a total of $140 million, set June 5 vote date
– OXAC filed S-4/a for Jet Token deal, NAV $10.81
– AURC filed S-4/a for Better deal, NAV $10.31
– NVAC filed S-4/a for Profusa deal, NAV $10.71
– FATP filed S-4/a for Avanseus deal, NAV $10.59
– FWAC filed S-4/a for Mobile Infrastructure Corp deal
– APNC filed S-4 for GIO World Health deal, NAV $10.47
– ACAC extended deadline to June 14 2023, added 4228k to trust account
– EDTX filed PRE14a to extend deadline to Mar 15 2024, vote June 13
– CVII stockholders approved deadline extension to Feb 17 2024
– CCVI stockholders approved deadline extension to Feb 17 2024
– NETC stockholders approved deadline extension up to 7 months
– SAGA CFO resigned
– EGGF extension vote postponed to May 19
– FLFV filed PRE14a to extend deadline to Dec 21 2023, vote June 16
– NUBI filed PRER14a for Honeycomb deal
– GSRM filed PRER14a for Bitcoin Depot deal
– SLAC extension vote
– MCAG extension vote
– CBRG extension vote
– FORL split
– CREC redemption