SPAC Update – May 25

– BTWN announced a business combination with MoneyHero
– IPXXU $220 million IPO
– PACI stockholders approved deadline extension to Dec 3 2023, 21.2 million shares (76.7%) redeemed, 6.4 million shares remain, NAV $10.50
– MTAC filed DEF14a to extend deadline to Sept 22 2023, vote June 12, NAV $10.43
– QOMO filed PRE14a to extend deadline Aug 24 2024, trust account will not be used to cover potential excise tax
– ARTE filed PRE14a to extend deadline
– MNTN to extend deadline to Aug 28, add $1.725 million to trust account
– ACAC filed PRE14a to extend deadline to Apr 14 2024, vote July 11
– MEOA postponed vote to May 26, 728.8k shares (93.3%) tendered for redemption
– BRD extension vote
– GSRM extension vote
– VMCA extension vote