SPAC Update – May 26

– MTVC to liquidate June 9, NAV $10.50
– BRD stockholders approved deadline extension by 6 months, 15.9 million shares (69.0%) redeemed, 7.1 million shares remain, to add $160k per month to trust account
– IPVF filed DEF14a to extend deadline to Mar 9 2024, vote June 5, NAV $10.56, trust account will not be used to cover potential excise tax
– COOL filed DEF14a to extend deadline to Mar 20 2024, vote June 15, NAV $10.39
– TCOA filed DEF14a to extend deadline to Mar 14 2024, vote June 8, NAV $10.33, trust account will not be used to cover potential excise tax
– UPTD filed PRE14a to extend deadline to July 14 2024, vote July 17
– MEOA deal vote postponed to May 31, 60k shares of redemptions have been reversed
– FGMC deal vote
– OTEC extension vote postponed to May 30