SPAC Update – May 15

– GTAC announced a business combination with Tyfon
– HUD announced a business combination with Aiways Europe
– LIBY / Caspi Oil Gas deal terminated
– BLAC stockholders approved deadline extension to Nov 14 2024, 1.6 million shares redeemed, 1.9 million shares remain, added $50k to trust account to extend deadline to June 14
– BOCN filed DEF14a to extend deadline to Dec 7 2024, vote May 29, NAV $11.10
– TWLV filed DEF14a to extend deadline to Dec 2 2024, vote May 28, NAV $10.82, trust account will not be used to cover potential excise tax
– ATEK extended deadline to June 14 2024, added $26k to trust account
– CHAA extension vote
– FGAA extension vote
– PWUP redemption
– PFAC redemption