Daily SPAC Update – November 4, 2025

by | Nov 4, 2025

Lutnick IPOs Cantor Equity Partners V for Upsized $220 Million. Eureka + Marine Thinking and Crane Harbor + Xanadu Deals Announced. Westin Acquisition $5O Million IPO.

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Daily SPAC Update

Cantor Equity Partners V prices $220 million SPAC IPO
Cantor Equity Partners V, Inc. (Nasdaq: CEPV) priced its upsized IPO of 22 million Class A shares at $10.00 each, raising $220 million, with an additional 3.3 million shares available for over-allotment. Shares begin trading November 4, 2025, and the offering closes November 5. Cantor Fitzgerald & Co. is the sole bookrunner.

The SPAC, led by Chairman and CEO Brandon G. Lutnick, is the fifth vehicle in Cantor’s series of blank-check companies. Like its predecessors, Cantor Equity Partners V plans to pursue targets across financial services, digital assets, healthcare, real estate, and technology, leveraging Cantor’s deep capital markets and deal-making experience.

Lutnick’s Cantor Equity Partners IV currently has a deal with Bitcoin Standard Treasury Company (BSTR), creating a leading Bitcoin treasury vehicle with up to $1.5 billion in PIPE funding and over 30,000 Bitcoin under management.

Westin Acquisition prices $50 million SPAC IPO
Westin Acquisition Corp. (Nasdaq: WSTNU) priced its $50 million IPO, offering 5 million units at $10.00 each, with each unit containing one share and one-sixth of a right. The underwriters may purchase up to 750,000 additional units to cover over-allotments. Trading begins November 4, 2025, with the deal expected to close November 5. A.G.P./Alliance Global Partners acted as sole bookrunner.

The Cayman Islands–based SPAC is led by CEO and Chairman Kok Peng Na, Group Head of Deposits at Standard Chartered Bank Singapore, and CFO Stanney Patrick Majawit. Westin plans to target high-growth companies in the Asia-Pacific (APAC) region, leveraging management’s regional expertise while maintaining flexibility for a global search.

EXTENSION VOTES
MCAG – MOUNTAIN CREST ACQUISITION CORP V * vote November 4, 2025 -> extend to November 16, 2026

SPAC VOTE RESULTS
CBRRF – CHAIN BRIDGE I * Extend to Nov 15, 2026 * 393,146 redeemed * $4,721,683 removed * trust $12.01

SPAC DEALS ANNOUNCED
Nov 03 | EURK – Eureka Acquisition Corp + Marine Thinking Inc.
Marine Thinking is an autonomous ship and fleet solution providing company.

Nov 03 | CHAC – Crane Harbor Acquisition Corp + Xanadu
Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world’s leading quantum hardware and software companies. The company also leads the development of PennyLane, an open-source software library for quantum computing and application development.

OTHER SPAC NEWS
AIMAU – AIMFINITY INVESTMENT CORP I * Redemption Update * 572,989 redeemed
ISRL – ISRAEL ACQUISITIONS CORP * Investor Deck
EURK – EUREKA ACQUISITION CORP * Merger Agreement
EQV – EQV VENTURES ACQUISITION CORP * Ticker Change

SEPARATE WARRANTS/RIGHTS
Nov 06: LAKE SUPERIOR ACQUISITION CORP (LKSP)

NEW SPAC IPOs
Nov 04: WSTN – Westin Acquisition Corp $50M IPO
Nov 04: CEPV – Cantor Equity Partners V, Inc. $220M IPO
Oct 31: VACI – Viking Acquisition Corp I $200M IPO
Oct 30: DNMX – Dynamix Corp Iii $175M IPO (+underwriter overallotment: $26.25M)
Oct 29: DYOR – Insight Digital Partners Ii $150M IPO (+underwriter overallotment: $22.5M)
Oct 28: APXT – Apex Treasury Corp $300M IPO (+underwriter overallotment: $44.7M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
11.78% ~ $ 12.47 | CHAC – CRANE HARBOR ACQUISITION CORP (Announced)
5.81% ~ $ 11.11 | ASPC – ASPAC III ACQUISITION CORP (Announced)
1.42% ~ $ 10.75 | POLE – ANDRETTI ACQUISITION CORP II (Pre-Deal)
1.23% ~ $ 11.53 | BKHA – BLACK HAWK ACQUISITION CORP (Announced)
1.02% ~ $ 11.63 | KVAC – KEEN VISION ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-18.94% ~ $ 11.34 | DYCQ – DT CLOUD ACQUISITION CORP (Announced)
-9.81% ~ $ 17.37 | CCCX – CHURCHILL CAPITAL CORP X (Announced)
-7.13% ~ $ 7.10 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
-6.94% ~ $ 17.04 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-3.76% ~ $ 12.40 | WLAC – WILLOW LANE ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Nov 04 | CEPV – Cantor Equity Partners V, Inc.
Nov 04 | WSTN – Westin Acquisition Corp
Oct 31 | VACI – Viking Acquisition Corp I
Oct 30 | DNMX – Dynamix Corp III
Oct 29 | DYOR – Insight Digital Partners II
Oct 28 | APXT – Apex Treasury Corp
Oct 24 | $ 10.06 | LAFA – LaFayette Acquisition Corp.
Oct 23 | $ 10.00 | HAVA – Harvard Ave Acquisition Corp
Oct 23 | $ 9.99 | MMTX – Miluna Acquisition Corp
Oct 22 | $ 10.00 | ALIS – Calisa Acquisition Corp
Oct 07 | $ 10.03 | LKSP – Lake Superior Acquisition Corp
Oct 06 | $ 10.32 | GIW – GigCapital8 Corp.

Recent Analysis

Daily SPAC Update – November 3, 2025

Quantum Computing Company Xanadu to Go Public with Crane Harbor. Cartesian Growth II Extension Vote. OTG Acquisition and Lake Superior Separate Trading This Week.

Daily SPAC Update – October 31, 2025

Viking Acquisition’s $200M IPO Makes it 12 IPOs in October. Cactus and Integral Extension Votes. GLLI DeSPACs to Alps Global. Lake Superior Set for Separate Trading.

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