Daily SPAC Update – May 8, 2025

by | May 8, 2025

Hennessy Capital VI + Namib Minerals Deal Approved. Rigel Resources Extension Vote.

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Daily SPAC Update

SPAC VOTE RESULTS
HCVI – HENNESSY CAPITAL INVESTMENT CORP VI * Deal Approved with Namib Minerals * 3,251,056 redeemed

EXTENSION VOTES
RRAC – RIGEL RESOURCE ACQUISITION CORP * extend from May 9, 2025 to August 9, 2025

OTHER SPAC NEWS
BYNO – BYNORDIC ACQUISITION CORP * Auditor Change
DIST – DISTOKEN ACQUISITION CORP * Deal Vote Postponed
IGTA – INCEPTION GROWTH ACQUISITION LTD * Merger Agreement Amendment

NEW SPAC IPOs
May 07: IPOD – Dune Acquisition Corp Ii $125M IPO
May 02: CEPT – Cantor Equity Partners Ii, Inc. $240M IPO
May 02: GTEN – Gores Holdings X, Inc. $312M IPO (+underwriter overallotment: $46.8M)
May 02: CGCT – Cartesian Growth Corp Iii $240M IPO (+underwriter overallotment: $36M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
8.91% ~ $ 31.91 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
4.60% ~ $ 11.59 | BOWN – BOWEN ACQUISITION CORP (Announced)
2.85% ~ $ 12.62 | CLBR – COLOMBIER ACQUISITION CORP II (Announced)
.86% ~ $ 11.12 | CCIX – CHURCHILL CAPITAL CORP IX (Pre-Deal)
.69% ~ $ 11.70 | ATMC – ALPHATIME ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-28.49% ~ $ 10.69 | BUJA – BUKIT JALIL GLOBAL ACQUISITION 1 LTD (Announced)
-5.93% ~ $ 11.43 | DECA – DENALI CAPITAL ACQUISITION CORP (Announced)
-3.41% ~ $ 11.60 | DIST – DISTOKEN ACQUISITION CORP (Announced)
-2.36% ~ $ 11.18 | YOTA – YOTTA ACQUISITION CORP (Announced)
-.74% ~ $ 12.00 | IVCA – INVESTCORP AI ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
May 07 | IPOD – Dune Acquisition Corp II
May 02 | $ 10.02 | CGCT – Cartesian Growth Corp III
May 02 | $ 10.95 | CEPT – Cantor Equity Partners II, Inc.
May 02 | $ 10.12 | GTEN – Gores Holdings X, Inc.
May 01 | $ 10.13 | RDAG – Republic Digital Acquisition Co
May 01 | $ 10.01 | COPL – Copley Acquisition Corp
Apr 29 | $ 10.04 | LCCC – Lakeshore Acquisition III Corp.
Apr 29 | $ 10.20 | TACO – Berto Acquisition Corp
Apr 28 | $ 10.23 | 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 | $ 10.12 | IPCX – Inflection Point Acquisition Corp. III
Apr 23 | $ 10.07 | NPAC – New Providence Acquisition Corp. III
Apr 22 | $ 10.02 | TVA – Texas Ventures Acquisition III Corp
Apr 10 | $ 10.02 | 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 6, 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 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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