Daily SPAC Update – July 22, 2025

by | Jul 22, 2025

Crypto + SPAC Deal Surge Continues: TLGY / StablecoinX. UYSC + Isdera Group in China-based Auto Deal. Keen Vision Extension Vote.

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Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
BREZ – Breeze Holdings Acquisition Corp * DEAL VOTE SET: Aug 14, 2025 * trust $12.30

EXTENSION VOTES
KVAC – KEEN VISION ACQUISITION CORP * vote July 22, 2025 -> extend from July 27, 2025 to January 27, 2026

SEPARATE WARRANTS/RIGHTS
Jul 30: INDIGO ACQUISITION CORP (INAC)
Jul 25: YORKVILLE ACQUISITION CORP (YORK)

SPAC DEALS ANNOUNCED
Jul 21 | UYSC – Uy Scuti Acquisition Corp + Isdera Group Overview

ABOUT Isdera Group Overview
Isdera Group is an industrial automotive enterprise with global ambitions. Headquartered in China and backed by robust design and research and development (“R&D”) capabilities, the Company entered the ultra-luxury supercar industry by acquiring the iconic German marque ISDERA, known for its legacy of handcrafted performance vehicles. Under the Company’s stewardship, ISDERA is undergoing a strategic transformation intended to revitalize the brand by expanding into both combustion-engine and electric supercar segments, supported by in-house R&D centers. Isdera Group is dedicated to achieving value in the high-growth and high-margin supercar market by leveraging its design capabilities with this heritage-driven brand story.

Jul 21 | TLGYF – TLGY Acquisition Corp + StablecoinX Assets Inc.

ABOUT StablecoinX Assets Inc.
StablecoinX is a newly-formed validator and infrastructure business expected to operate infrastructure and staking services, running validators and related technical services for the Ethena protocol. StablecoinX is expected to adopt a multi-year treasury strategy to build a reserve of ENA, the Ethena protocol’s native token. About the Ethena Foundation The Ethena Foundation serves as an independent steward of the Ethena protocol – the network behind the USDe and USDtb digital dollars – with a focus on the protocol’s long-term success and integrity. The Ethena Foundation is responsible for the protocol’s governance framework, oversight of key protocol assets, and facilitating essential operations. The foundation’s commitment is to ensure the sustainable development and stability of the Ethena ecosystem for all its participants.

Jul 21 | DYNX – Dynamix Corp + The Ether Reserve, LLC

ABOUT The Ether Reserve, LLC
Formed through a business combination (to be completed) between The Ether Reserve, LLC and Dynamix Corp, a NASDAQ-listed special purpose acquisition company (the “Business Combination”), pursuant to a definitive business combination agreement (the “Business Combination Agreement”), The Ether Machine is an Ethereum yield and infrastructure company purpose-built for institutional management and scale. Expected to be anchored by one of the largest on-chain ETH positions of any public entity, The Ether Machine will actively generate and optimize ETH-denominated returns through staking, restaking, and secure, professionally risk-managed DeFi participation. The Company also expects to provide turnkey infrastructure solutions for enterprises, DAOs, and Ethereum-native builders seeking access to Ethereum’s consensus and blockspace economy.

Jul 17 | CEPO – Cantor Equity Partners I Inc + BSTR, Holdings Inc.

ABOUT BSTR, Holdings Inc.
BSTR is being formed to catalyze the fusion of Bitcoin and capital markets. The Company’s mandate is to accumulate Bitcoin, generate in-kind Bitcoin yield, and advise corporates and sovereigns on Bitcoin-based treasury strategies — all while measuring success in Bitcoin per share.

OTHER SPAC NEWS
DYNX – DYNAMIX CORP * Investor Deck
TLGYF – TLGY ACQUISITION CORP * Investor Deck
TLGYF – TLGY ACQUISITION CORP * Merger Agreement

NEW SPAC IPOs
Jul 17: PAII – Pyrophyte Acquisition Corp. Ii $175M IPO
Jul 16: SOCA – Solarius Capital Acquisition Corp. $150M IPO (+underwriter overallotment: $22.5M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
16.98% ~ $ 11.99 | DYNX – DYNAMIX CORP (Announced)
2.30% ~ $ 11.12 | QETA – QUETTA ACQUISITION CORP (Announced)
1.88% ~ $ 10.27 | SZZL – SIZZLE ACQUISITION CORP II (Pre-Deal)
1.85% ~ $ 11.56 | FORL – FOUR LEAF ACQUISITION CORP (Announced)
1.36% ~ $ 10.47 | BACQ – BLEICHROEDER ACQUISITION CORP I (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-7.69% ~ $ 9.00 | CHEB – CHENGHE ACQUISITION II CO (Announced)
-7.46% ~ $ 11.29 | CEPO – CANTOR EQUITY PARTNERS I INC (Announced)
-5.11% ~ $ 29.70 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-5.05% ~ $ 10.16 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
-2.13% ~ $ 12.38 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Jul 17 | $ 10.03 | PAII – Pyrophyte Acquisition Corp. II
Jul 16 | $ 10.05 | SOCA – Solarius Capital Acquisition Corp.
Jul 15 | $ 10.05 | SPEG – Silver Pegasus Acquisition Corp.
Jul 09 | $ 10.07 | GTER – Globa Terra Acquisition Corporation
Jul 02 | $ 10.06 | EVAC – EQV Ventures Acquisition Corp. II
Jul 02 | $ 10.39 | ONCH – 1RT Acquisition Corp.
Jul 02 | $ 10.00 | ORIQ – Origin Investment Corp I
Jul 02 | $ 10.00 | VNME – Vendome Acquisition Corp I
Jul 01 | $ 10.21 | CCII – Cohen Circle Aqusition Corp. II
Jul 01 | $ 10.04 | INAC – Indigo Acquisition Corp.
Jul 01 | $ 10.00 | NMP – NMP Acquisition Corp.
Jun 27 | $ 10.03 | FIGX – FIGX Capital Acquisition Corp.
Jun 27 | $ 11.27 | YORK – Yorkville Acquisition Corp.
Jun 25 | $ 10.04 | LWAC – LightWave Acquisition Corp.
Jun 25 | $ 10.01 | OBA – Oxley Bridge Acquisition

 

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