Daily SPAC Update – May 6, 2025

by | May 6, 2025

Hennesy Capital + Namid Delayed to Today. Clean Energy Special Situations Extension Approved. Aquaron and Finnovate Extension Votes.

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SPAC VOTE RESULTS
SWSS – CLEAN ENERGY SPECIAL SITUATIONS CORP * Extend to Jan 31, 2026

EXTENSION VOTES
AQU – AQUARON ACQUISITION CORP *  extend from May 6, 2025 to May 6, 2026
FNVTF – FINNOVATE ACQUISITION CORP * Extend to November 8, 2025

MERGER VOTES
HCVI – Hennessy Capital Investment Corp Vi Namib Minerals
Namib Minerals is a gold producer, developer and explorer with operations focused in Zimbabwe. Namib is a significant player in Zimbabwe’s mining industry, driving sustainable growth and innovation across the sector. Currently Namib operates an underground mine in Zimbabwe, with additional exploration assets in Zimbabwe and the DRC. Namib operates using conventional mining as well as modern processes and is seeking alternative areas of growth.

OTHER SPAC NEWS
AQU – AQUARON ACQUISITION CORP * Redemption Update * 757,365 redeemed
HCVI – HENNESSY CAPITAL INVESTMENT CORP VI * Deal Vote Postponed
GLLI – GLOBALINK INVESTMENT INC * Delisting
AIMAU – AIMFINITY INVESTMENT CORP I * Delisting

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
4.23% ~ $ 9.85 | BOWN – BOWEN ACQUISITION CORP (Announced)
1.92% ~ $ 11.67 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Pre-Deal)
1.56% ~ $ 12.99 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
1.17% ~ $ 10.37 | VCIC – VINE HILL CAPITAL INVESTMENT CORP (Pre-Deal)
.65% ~ $ 10.81 | DYCQ – DT CLOUD ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-27.87% ~ $ 33.90 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-9.95% ~ $ 11.50 | MSSA – METAL SKY STAR ACQUISITION CORP (Pre-Deal)
-5.93% ~ $ 11.43 | DECA – DENALI CAPITAL ACQUISITION CORP (Announced)
-2.50% ~ $ 12.10 | ISRL – ISRAEL ACQUISITIONS CORP (Announced)
-2.36% ~ $ 11.18 | YOTA – YOTTA ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
May 02 | $ 11.00 | CEPT – Cantor Equity Partners II, Inc.
May 02 | $ 10.08 | GTEN – Gores Holdings X, Inc.
May 02 | $ 10.01 | CGCT – Cartesian Growth Corp III
May 01 | $ 10.15 | RDAG – Republic Digital Acquisition Co
May 01 | $ 10.00 | COPL – Copley Acquisition Corp
Apr 29 | $ 10.04 | LCCC – Lakeshore Acquisition III Corp.
Apr 29 | $ 10.18 | TACO – Berto Acquisition Corp
Apr 28 | $ 10.20 | DAAQ – Digital Asset Acquisition Corp.
Apr 28 | $ 10.05 | RAAQ – Real Asset Acquisition Corp.
Apr 24 | $ 10.01 | CHAC – Crane Harbor Acquisition Corp.
Apr 24 | $ 10.13 | IPCX – Inflection Point Acquisition Corp. III
Apr 23 | $ 10.07 | NPAC – New Providence Acquisition Corp. III
Apr 22 | $ 10.01 | TVA – Texas Ventures Acquisition III Corp
Apr 10 | $ 10.04 | TACH – Titan Acquisition Corp.

 

Recent Analysis

Daily SPAC Update – May 9, 2025

EGH Acquisition $150M SPAC IPO. Mountain & Co Extension Vote. ClimateRock Extends with $25M Redeemed. Buja DeSPACs to Global IBO (GIBO).

Daily SPAC Update – May 7, 2025

Dune Acquisition II $125M SPAC IPO. Distoken and Winvest Deal Vote Delays. DT Cloud Sets Date to Vote on Extension Fee Changes. Healthcare AI Extension Approved w/ $3M Redeemed.

Daily SPAC Update – May 5, 2025

May Starts Hot for SPAC IPOs. Hennessy Capital VI + Namib Minerals Deal Vote. Alpha Star + OU XData Group Approved. Investcorp AI to OTC.

Daily SPAC Update – May 1, 2025

Two SPAC IPOs to Start May — Republic Digital Upsized to $264M and Copley at $150M. ClimateRock Extension Vote. Aimfinity Delisting. Distoken Deal Vote Postponed.

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