SPAC Update – October 24

– LCW announced a business combination with Innventure
– TENK announced a business combination with Citius Oncology
– NFNT to liquidate Nov 6, NAV $10.78
– TRTL stockholders approved deadline extension to Apr 22 2024, 17.2 million shares (50.0%) redeemed, 17.2 million shares remain, NAV $10.49
– BMAC filed DEF14a to extend deadline 6 months, vote Nov 14, NAV $10.64, trust account will not be used to cover potential excise tax
– DIST filed DEF14a to extend deadline to Nov 18 2024, vote Nov 10, NAV $10.54
– OXUS filed S-4/a for Borealis Foods deal, NAV $10.84
– HWEL postponed deal vote until further announcement
– RCAC filed S-4/a for Set Jet deal, NAV $10.66
– TWLV filed PRE14a to extend deadline to June 2 2024, vote in Nov
– GAQ extended deadline to Nov 23 2023, added $125k to trust account
– AVHI extended deadline to Nov 19 2023, added $32k to trust account
– FRBN deal vote
– OHAA redemption