Daily SPAC Update – June 26, 2025

by | Jun 26, 2025

Blue Gold Debuts Post-SPAC. EGH Separate Trading. Breeze and Welsbach Extension Votes. Inception Growth Postpones and Updates Trust.

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Daily SPAC Update

SPAC VOTE RESULTS
JVSA – JVSPAC ACQUISITION CORP * Deal Approved with DoubleDragon Corporation, Hotel101 Global Pte. Ltd * 5,671,352 redeemed

DeSPACs
Jun 26: RCFAF DeSPAC to Blue Gold Holdings Limited (BGL)

SEPARATE WARRANTS/RIGHTS
Jun 30: EGH ACQUISITION CORP (EGHA)

EXTENSION VOTES
BREZ – BREEZE HOLDINGS ACQUISITION CORP * vote June 26, 2025 -> extend from June 26, 2025 to September 26, 2025
WTMA – WELSBACH TECHNOLOGY METALS ACQUISITION CORP * vote June 26, 2025 -> extend from June 30, 2025 to September 30, 2025

OTHER SPAC NEWS
IGTA – INCEPTION GROWTH ACQUISITION LTD * Trust Update * trust $12.09
IGTA – INCEPTION GROWTH ACQUISITION LTD * Vote Postponed

MERGER VOTES
WTMA – Welsbach Technology Metals Acquisition Corp + Evolution Metals LLC
EM LLC is a refining, techonology and specialty chemicals company committed to establishing a secure, reliable global supply chain for critical minerals and materials. Its strategy is to acquire and further develop processing facilities to produce essential materials for electric vehicles, electronics, environmental technologies and aerospace and defense applications. EM aims to support the creation of jobs, industry and manufacturing to promote a greener future by providing custom solutions to support its clients globally. EM LLC is led by Chairman David Wilcox and Chief Executive Officer Frank Moon.

SPAC DEALS ANNOUNCED
Jun 25 | LPAA – Launch One Acquisition Corp + Minovia Therapeutics Ltd

ABOUT Minovia Therapeutics Ltd
Minovia, chaired by John Cox, is a company working on treatments to augment defective mitochondria with new healthy mitochondria, helping people with mitochondrial diseases and fighting aging. Its lead product, MNV-201, is already being tested in clinical trials for Pearson Syndrome and Myelodysplastic Syndrome. Minovia is also developing ways to potentially help people live longer, healthier lives. Based in Haifa, Israel, with a factory for its therapy, Minovia is expanding to the U.S.

Jun 23 | CCCM – Columbus Circle Capital Corp I + ProCap BTC, LLC

ABOUT ProCap BTC, LLC
ProCap BTC, LLC is a bitcoin-native financial services firm founded by Anthony Pompliano. Pompliano has invested in more than 300 private companies and is one of the leading voices on bitcoin globally. ProCap Financial, Inc., the company resulting from the proposed Business Combination, will focus on implementing various profit-generating products and services to support the unique financial needs of large financial institutions and institutional investors.

NEW SPAC IPOs
Jun 25: LWAC – Lightwave Acquisition Corp. $187.5M IPO
Jun 25: OBA – Oxley Bridge Acquisition $220M IPO

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
2.14% ~ $ 12.90 | ISRL – ISRAEL ACQUISITIONS CORP (Announced)
1.45% ~ $ 10.48 | EURK – EUREKA ACQUISITION CORP (Pre-Deal)
.75% ~ $ 10.69 | PCSC – PERCEPTIVE CAPITAL SOLUTIONS CORP (Pre-Deal)
.48% ~ $ 10.18 | DYNX – DYNAMIX CORP (Pre-Deal)
.40% ~ $ 10.04 | SOUL – SOULPOWER ACQUISITION CORP (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-12.67% ~ $ 10.89 | JVSA – JVSPAC ACQUISITION CORP (Announced)
-11.74% ~ $ 11.05 | MBAV – M3-BRIGADE ACQUISITION V CORP (Pre-Deal)
-10.48% ~ $ 9.40 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
-8.41% ~ $ 13.07 | CLBR – COLOMBIER ACQUISITION CORP II (Announced)
-7.23% ~ $ 11.42 | CEPO – CANTOR EQUITY PARTNERS I INC (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Jun 25 | $ .00 | LWAC – LightWave Acquisition Corp.
Jun 25 | $ .00 | OBA – Oxley Bridge Acquisition
Jun 18 | $ 10.09 | AXIN – Axiom Intelligence Acquisition Corp 1
Jun 18 | $ 10.00 | PACH – Pioneer Acquisition I Corp
Jun 13 | $ 10.05 | BACC – Blue Acquisition Corp/Cayman
Jun 13 | $ 10.04 | BSAA – BEST SPAC I Acquistion Corp.
Jun 10 | $ 10.00 | BLUW – Blue Water Acquisition Corp. III
May 29 | $ 10.11 | JENA – JENA ACQUISITION CORPORARTION II
May 29 | $ 10.07 | WTG – Wintergreen Acquisition Corp.
May 28 | $ 10.15 | KCHV – Kochav Defense Acquisition Corp.
May 28 | $ 10.15 | CHPG – ChampionsGate Acquisition Corp

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