Early this afternoon, TPG Pace Holdings Corp. (TPGH), released the details of their shareholder vote to approve their new extension deadline and the results were 100% in favor of extending. In fact, I don’t ever recall a SPAC vote (off the top of my head) where 100% percent of voters checked off the “yes’ box. However, there were some redemptions, but as a result of today’s vote, TPGH will now have until December 31, 2019, to close their transaction with Accel Entertainment.
RESULTS
Per the 8-K, 3,247,267 of the Company’s Class A Ordinary Shares elected to redeem at a price of $10.29 share, which resulted in $33.4 million being removed from the Trust Account leaving approximately $429.7 million remaining. As a reminder, TPGH will not be contributing any additional capital to trust for shareholders who did not redeem.
Additionally, TPGH recently filed their preliminary proxy/S-4 (September 5th), so a shareholder vote to complete will hopefully occur well before December 31st, but this extension gives them some cushion. Look for a new proxy early to mid-October.
FOR | AGAINST | ABSTAIN | BROKER NON-VOTES |
46,892,222 | 0 | 0 | N/A |


Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...
M3-Brigade V (NASDAQ:MBAV) has entered into a definitive agreement to combine with crypto treasury firm ReserveOne, assembling about $1 billion in equity funding. ReserveOne is setting up a diversified Bitcoin and digital asset treasury with a portion of its investments going towards blockchain infrastructure and venture raises. The combined company is expected to trade on...
At the SPAC of Dawn As the SPAC market has warmed in 2025, only 21 of the 70 SPACs (30%) that have IPO’d thus far have overfunded their trusts to draw in investors and none of these funded to more than 101%. By contrast, 87% of 2023 SPACs were overfunded – some to as high...
Emmis Acquisition Corporation (NASDAQ:EMISU) has filed for a $100 million SPAC to take a look at the manufacturing sector after a few unique wrinkles in their IPO process. Initial investors are set to receive one right to a 1/10 share in each unit purchased and the SPAC will have 18 months to complete a business...
Chenghe III (NASDAQ:CHEC.U) has filed for a $110 million SPAC to continue the team’s growing series while turning to a new underwriter. The new SPAC is offering investors a 1/2 warrant in each unit and no overfunding of the trust, but it will need to complete a business combination within 18 months of its IPO...