Daily SPAC Update – June 6, 2025

by | Jun 6, 2025

Churchill IX Deal with Plus. Hennessey deSPACs to Namib Minerals. Distoken Deal with Youlife Approved ($7M redeemed). Flybondi Deal Terminated.

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Daily SPAC Update

SPAC VOTE RESULTS
DIST – DISTOKEN ACQUISITION CORP * Deal Approved with Youlife International Holdings Inc. * 601,118 redeemed * $7,129,259 removed * trust $11.86

DeSPACs
Jun 06: HCVI DeSPAC to Namib Minerals (NAMM)
Jun 05: BSII DeSPAC to World Media and Entertainment Universal Inc. (TGE)

SPAC DEAL TERMINATIONS (Last 10 Days)
2025-06-05: INTE + Flybondi Limited

SPAC DEALS ANNOUNCED
Jun 05 | CCIX – Churchill Capital Corp IX + Plus

ABOUT Plus
Plus, also known as PlusAI, is a Physical AI company pioneering AI-based virtual driver software for factory-built autonomous trucks. Headquartered in Silicon Valley with operations in the United States and Europe, Plus was named by Fast Company as one of the World’s Most Innovative Companies. Partners including TRATON GROUP’s Scania, MAN, and International brands, Hyundai Motor Company, Iveco Group, Bosch, and DSV are working with Plus to accelerate the deployment of next-generation autonomous trucks.

SEPARATE WARRANTS/RIGHTS
Jun 09: RENATUS TACTICAL ACQUISITION CORP I (RTAC)

OTHER SPAC NEWS
INTE – INTEGRAL ACQUISITION CORP 1 * Deal Termination
CCIR – COHEN CIRCLE ACQUISITION CORP I * Investor Deck
YHNA – YHN ACQUISITION I LTD * Merger Agreement Amendment

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
18.16% ~ $ 9.80 | CHEB – CHENGHE ACQUISITION II CO (Announced)
2.09% ~ $ 11.72 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Pre-Deal)
2.04% ~ $ 12.00 | MBAV – M3-BRIGADE ACQUISITION V CORP (Pre-Deal)
1.50% ~ $ 10.86 | QETA – QUETTA ACQUISITION CORP (Announced)
.83% ~ $ 12.10 | EMCG – EMBRACE CHANGE ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-11.99% ~ $ 40.22 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-4.14% ~ $ 10.65 | CCIX – CHURCHILL CAPITAL CORP IX (Announced)
-3.57% ~ $ 13.77 | CLBR – COLOMBIER ACQUISITION CORP II (Announced)
-2.22% ~ $ 10.99 | BOWN – BOWEN ACQUISITION CORP (Announced)
-1.95% ~ $ 10.06 | SDHI – SIDDHI ACQUISITION CORP (CAYMAN ISLANDS) (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
May 29 | $ 10.03 | WTG – Wintergreen Acquisition Corp.
May 29 | $ 10.11 | JENA – JENA ACQUISITION CORPORARTION II
May 28 | $ 10.04 | KCHV – Kochav Defense Acquisition Corp.
May 28 | $ 10.06 | CHPG – ChampionsGate Acquisition Corp
May 23 | $ 10.07 | CRA – Cal Redwood Acquisition Corp.
May 23 | $ 10.03 | PELI – Pelican Acquisition Corp
May 22 | $ 10.08 | OYSE – Oyster Enterprises II Acquisition Corp
May 21 | $ 10.07 | AACI – Armada Acquisition Corp. II
May 21 | $ 11.05 | PCAP – ProCap Acquisition Corp
May 16 | $ 10.64 | WENN – WEN Acquisition Corp
May 16 | $ 10.24 | CCCM – Columbus Circle Capital Corp. I
May 15 | $ 12.31 | RTAC – Renatus Tactical Acquisition Corp I
May 15 | $ 10.12 | TVAI – Thayer Ventures Acquisition Corp II
May 14 | $ 10.38 | CCCX – Churchill Capital Corp X
May 13 | $ 10.33 | PMTR – Perimeter Acquisition Corp. I
May 09 | $ 10.10 | EGHA – EGH Acquisition Corp.
May 07 | $ 10.10 | IPOD – Dune Acquisition Corp II

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