Daily SPAC Update – August 29, 2025

by | Aug 29, 2025

Breeze DeSPACs to YD BioPharma. New Sponsor/Team at Armada Acquisition II. NMP Acquisition Separate Trading. Cantor / BSTR Release New Investor Deck.

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Daily SPAC Update

ARMADA ACQUISITION II ANNOUNCES NEW SPONSOR TEAM FROM ARRINGTON CAPITAL
Following the transition of sponsorship to Arrington Capital, Armada Acquisition II introduces a new leadership team with deep expertise across technology, finance, and web3. Read the press release here.

  • J. Michael Arrington, founder of TechCrunch and CrunchFund, and Managing Member of Arrington Capital, brings extensive experience in venture capital, startups, and web3 investing.
  • Taryn Naidu, Partner & COO of Arrington Capital and director at System1, adds operational and public company leadership experience, including guiding Rigetti Computing through its SPAC merger.
  • Kyle Horton, VP of Finance & Operations at Arrington Capital and former Rigetti SVP, combines military, finance, and technology backgrounds with direct SPAC execution experience.
  • Richard Danis, former General Counsel at Rigetti and Bluetooth SIG, contributes expertise in governance, risk, and international business law.
  • Ronald Palmeri, former Arrington Capital partner and serial entrepreneur, offers perspective on venture building, product development, and web3 innovation.
  • Lindy Key, founder of WNC Consulting and former controller at Porch Group and Leaf Group, brings strong accounting, audit, and financial management expertise.

DeSPACs
Aug 29: Breeze Holdings DeSPACs to YD Biopharma Limited (DOBT)

SPAC DEAL & EXTENSION VOTES SET
ATEK – Athena Technology Acquisition Corp II * EXTENSION VOTE SET: Sep 10, 2025 * trust $11.66

OTHER SPAC NEWS
CEPO – CANTOR EQUITY PARTNERS I INC * Investor Deck
AACI – ARMADA ACQUISITION CORP II * New Sponsor
CEP – CANTOR EQUITY PARTNERS INC * Media Transcript
COOL – CORNER GROWTH ACQUISITION CORP * Capital Increase Vote Proxy * trust $11.51

SEPARATE WARRANTS/RIGHTS
Sep 03: NMP ACQUISITION CORP (NMP)
Aug 27: APARADISE ACQUISITION CORP (APAD)

NEW SPAC IPOs
Aug 27: MBVI – M3-Brigade Acquisition VI Corp. $300M IPO
Aug 27: KOYN – Cslm Digital Asset Acquisition Corp III, Ltd $200M IPO (+underwriter overallotment: $30M)
Aug 21: CEPF – Cantor Equity Partners IV, Inc. $400M IPO (+underwriter overallotment: $50M)

SPAC NON-RELIANCE 8-K
DMYY – Dmy Squared Technology Group Inc : Non-Reliance on Previously Issued Financials

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
7.53% ~ $ 10.00 | CHEB – POLIBELI GROUP LTD (Announced)
6.43% ~ $ 10.96 | FACT – FACT II ACQUISITION CORP (Pre-Deal)
5.95% ~ $ 11.40 | YORK – YORKVILLE ACQUISITION CORP (Announced)
3.04% ~ $ 10.83 | RTAC – RENATUS TACTICAL ACQUISITION CORP I (Pre-Deal)
1.49% ~ $ 12.23 | HSPO – HORIZON SPACE ACQUISITION I CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-9.84% ~ $ 11.00 | EMCG – EMBRACE CHANGE ACQUISITION CORP (Announced)
-9.52% ~ $ 11.31 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
-3.41% ~ $ 12.34 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
-1.19% ~ $ 10.80 | ETHM – DYNAMIX CORP (Announced)
-.41% ~ $ 12.00 | SVII – SPRING VALLEY ACQUISITION CORP II (Announced)

LATEST SPAC IPO PERFORMANCE
Aug 27 | $ 10.01 | MBVI – M3-Brigade Acquisition VI Corp.
Aug 27 | $ 10.05 | KOYN – CSLM Digital Asset Acquisition Corp III, Ltd
Aug 21 | $ 10.15 | CEPF – Cantor Equity Partners IV, Inc.
Aug 12 | $ 9.98 | MKLY – McKinley Acquisition Corp
Aug 12 | $ 10.06 | HVMC – Highview Merger Corp.
Aug 08 | $ 10.04 | SSEA – STARRY SEA ACQUISITION CORP
Aug 05 | $ 10.02 | QUMS – Quantumsphere Acquisition Corp
Aug 01 | $ 10.12 | HCMA – HCM III Acquisition Corp.
Jul 31 | $ 9.96 | BCAR – D. Boral ARC Acquisition I Corp.
Jul 30 | $ 10.04 | APAD – A Paradise Acquisition Corp.

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