Daily SPAC Update – September 5, 2025

by | Sep 5, 2025

Cartica Acquisition Sets Extension Vote for October. Pyrophyte Acquisition Separate Trading Next Week.

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Daily SPAC Update

SPAC VOTE RESULTS
DECA – DENALI CAPITAL ACQUISITION CORP * Deal Approved with Semnur Pharmaceuticals, Inc.

EXTENSION VOTES
ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 * extend from September 9, 2025 to September 9, 2026

SPAC DEAL & EXTENSION VOTES SET
CITE – Cartica Acquisition Corp * EXTENSION VOTE SET: Oct 03, 2025
TBMC – Trailblazer Merger Corp I * EXTENSION VOTE SET: Sep 23, 2025 * trust $11.91
ATMV – Alphavest Acquisition Corp * EXTENSION VOTE SET: Sep 19, 2025 * trust $11.99

NEW SPAC IPOs
Sep 04: GSRF – GSR IV Acquisition Corp. $200M IPO
Sep 04: SVAC – Spring Valley Acquisition Corp. III $200M IPO
Aug 27: KOYN – CSLM Digital Asset Acquisition Corp III, Ltd $200M IPO (+underwriter overallotment: $30M)
Aug 27: MBVI – M3-Brigade Acquisition VI Corp. $300M IPO (+underwriter overallotment: $45M)

SEPARATE WARRANTS/RIGHTS
Sep 08: PYROPHYTE ACQUISITION CORP II (PAII)
Sep 05: SOLARIUS CAPITAL ACQUISITION CORP (SOCA)
Sep 03: NMP ACQUISITION CORP (NMP)

OTHER SPAC NEWS
IROH – IRON HORSE ACQUISITIONS CORP * Merger Agreement Amendment

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
9.04% ~ $ 10.49 | CHEB – POLIBELI GROUP LTD (Announced)
.91% ~ $ 11.10 | BKHA – BLACK HAWK ACQUISITION CORP (Announced)
.65% ~ $ 12.37 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
.29% ~ $ 10.48 | YHNA – YHN ACQUISITION I LTD (Announced)
.20% ~ $ 10.37 | BACQ – BLEICHROEDER ACQUISITION CORP I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-15.71% ~ $ 9.50 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
-9.84% ~ $ 11.00 | EMCG – EMBRACE CHANGE ACQUISITION CORP (Announced)
-9.54% ~ $ 19.44 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-3.57% ~ $ 12.15 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
-2.47% ~ $ 10.65 | YORK – YORKVILLE ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Sep 04 | GSRF – GSR IV Acquisition Corp.
Sep 04 | SVAC – Spring Valley Acquisition Corp. III
Aug 27 | $ 10.03 | KOYN – CSLM Digital Asset Acquisition Corp III, Ltd
Aug 27 | $ 10.02 | MBVI – M3-Brigade Acquisition VI Corp.
Aug 21 | $ 10.10 | CEPF – Cantor Equity Partners IV, Inc.
Aug 12 | $ 10.05 | HVMC – Highview Merger Corp.
Aug 12 | $ 9.97 | MKLY – McKinley Acquisition Corp
Aug 08 | $ 10.05 | SSEA – STARRY SEA ACQUISITION CORP

Recent Analysis

Elliott Pushes for Change at PepsiCo – And Why Boardroom Alpha Agrees

Elliott takes a $4B stake in PepsiCo, pushing for change. Boardroom Alpha analysis shows lagging TSR, governance red flags, insider selling, and weak board ratings. Our vote guidance calls for multiple ‘AGAINST’ votes, echoing Elliott’s recent wins at HPE, Honeywell, and Phillips 66.

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