Daily SPAC Update – February 13, 2025

by | Feb 13, 2025

Two More SPAC IPOs – Artius II (AACBU) $200M and Maywood (MAYA) $75M. RACY Extension Vote. FTAC Emerald + Fold Deal Vote.

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Daily SPAC Update

MERGER VOTES
FLD – FTAC Emerald Acquisition Corp + Fold, Inc.

Founded in 2019, Fold is a leading bitcoin financial services company dedicated to expanding access to bitcoin investment opportunities through premium financial products. By integrating bitcoin into everyday financial services, Fold aims to make the American Dream available to more people. For more information, visit www.foldapp.com.

EXTENSION VOTES
RACY – RELATIVITY ACQUISITION CORP * vote Feb 13, 2024 -> extend from Feb 15, 2024 to Feb 15, 2025

NEW SPAC IPOs
Feb 12: AACB – Artius Ii Acquisition Inc. $200M IPO
Feb 12: MAYA – Maywood Acquisition Corp. $75M IPO
Feb 10: ATII – Archimedes Tech Spac Partners Ii Co. $200M IPO

SPAC DEALS ANNOUNCED
Feb 12 | NETD – Nabors Energy Transition Corp Ii + e2Companies LLC

ABOUT e2Companies LLC

e2 is the first vertically integrated Virtual Utility® for power generation, distribution, and energy economics in the marketplace. e2’s patented technology, the R3Di® System, provides automated grid stability for continuous on-site power and seamless resiliency, independent of grid conditions. The R3Di® System is continuously monitored by the Grove365® to optimize resources, track ESG targets, and unlock new revenue opportunities for customers. This automated platform is self-sustaining and designed to adapt to future grid advancements including renewables, hydrogen, geothermal, biofuel, and autonomous grid operations.

OTHER SPAC NEWS
IPXX – INFLECTION POINT ACQUISITION CORP II * Investor Deck

YESTERDAY’S TOP SPAC GAINERS
6.17% ~ $ 8.60 | RFAC – RF ACQUISITION CORP (Announced)
3.14% ~ $ 12.50 | TETE – TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP (Announced)
.99% ~ $ 12.09 | IPXX – INFLECTION POINT ACQUISITION CORP II (Announced)
.96% ~ $ 11.55 | AQU – AQUARON ACQUISITION CORP (Announced)
.83% ~ $ 10.95 | NETD – NABORS ENERGY TRANSITION CORP II (Announced)

YESTERDAY’S TOP SPAC LOSERS
-11.52% ~ $ 9.75 | WAVS – WESTERN ACQUISITION VENTURES CORP (Announced)
-10.85% ~ $ 12.49 | PWUP – POWERUP ACQUISITION CORP (Announced)
-7.56% ~ $ 11.00 | PLMJ – PLUM ACQUISITION CORP III (Announced)
-7.23% ~ $ 10.39 | GLST – GLOBAL STAR ACQUISITION INC (Announced)
-4.96% ~ $ 11.11 | DIST – DISTOKEN ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Feb 12 | |  AACB – Artius Ii Acquisition Inc.
Feb 12 | | MAYA – Maywood Acquisition Corp.
Feb 10 | $ 10.03 | ATII – Archimedes Tech SPAC Partners II Co.
Feb 06 | $ 10.00 | KFII – K GROWTH ACQUISITION CORP. II
Jan 29 | $ 10.07 | SVCC – Stellar V Capital Corp.
Jan 28 | $ .00 | FGMC – FG Merger II Corp.
Jan 27 | $ 10.07 | DMAA – Drugs Made In America Acquisition Corp.
Jan 21 | $ 10.08 | COLA – Columbus Acquisition Corp
Jan 16 | $ 10.05 | HVII – Hennessy Capital Investment Corp. VII
Jan 14 | $ 10.12 | RIBB – Ribbon Acquisition Corp.
Jan 14 | $ 10.05 | PLMK – Plum Acquisition Corp, IV

Recent Analysis

Daily SPAC: GUAC, IDAC IPOs Add $400M in SPAC Capital – May 15, 2026

2 SPAC IPOs priced today, with Berto Acquisition Corp. II (GUAC) raising $250M and Iron Dome Acquisition I Corp (IDAC) raising $150M; IDAC funded trust at 100.5% of par. May MTD totals 9 IPOs / $1,425M through 15 days vs. 5 / $725M over the same span last month. Separately, RAAQ advanced its IQM merger with an F-4 filing.

Daily SPAC: SIMA, CAEP-Air Redemptions – May 14, 2026

SIM Acquisition I (SIMA) lost $242M from trust on its extension approval to Jul. 12, 2027, and Cantor Equity Partners III (CAEP) cleared its Air deal after $234M in redemptions. Separately, GSR V Acquisition (GSRV) priced a $200M IPO, taking May MTD to 7 SPAC IPOs / $1,025M through 14 days.

Daily SPAC: BREZ $125M IPO, GPAT Non-Redemption Agreements – May 13, 2026

GP-ACT III Acquisition (GPAT) disclosed non-redemption agreements tied to extension and trust-amendment votes, with investors pledging support and no redemptions alongside sponsor share transfers. Breeze Acquisition Corp. II (BREZ) priced a $125M IPO today with 100.2% initial trust funding; May MTD is 6 IPOs for $825M through 13 sessions vs. 2 IPOs / $350M at the same point last month.

Daily SPAC: CAEP Forward Purchase, AIR-Pubco – May 12, 2026

Cantor Equity Partners III (CAEP) announced a forward purchase with Harraden Circle to fund the CAEP-AIR-Pubco business combination. Columbus Acquisition (COLA) issued a convertible extension note to WISeSat.Space. MTD: 5 SPAC IPOs raised $700M through the first 12 sessions of May vs. 2 IPOs / $350M over the same span in April.

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