Amidst Market Carnage, HYAC Sets Vote Date for Biote

by | May 5, 2022

Bloodbath for the markets today. Biote next up for a vote. MAQC extends. And the rest of the day’s news in SPACs.

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Yesterday’s relief really did a sharp U-turn today, with the S&P500 falling a precipitous 3.5% and the Nasdaq 100 dropping 5%. Today was mostly a day to take cover and hide. Still, there was some activity in SPACland.

MAQC Extends Deadline

Maquia Capital Acquisition Corp. (MAQC) confirms using first extension to 8/7. Adds $0.10 to trust, bringing NAV to ~$10.25.

HYAC Sets Date for Biote Vote

Haymaker Acquisition Corp. III (HYAC): sets 5/24 date for merger vote on medical practice-building company Biote. Expected completion in the first half of 2022; company to be listed on the NASDAQ under the ticker symbol “BTMD.”

Elsewhere in SPACs

  • Extension meeting for Breeze Holdings Acquisition Corp. (BREZ) today. Proposed extension to 9/26.
  • Boardroom Alpha SPAC market review for April.

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