Daily SPAC Update – December 24, 2025

by | Dec 24, 2025

SLAM Corp Extension Vote. Corner Growth Acquisition 2 and Alphatime Extensions Approved. Cantor Equity Partners III Transcript. Westin Acquisition Separate Trading.

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Daily SPAC Update

EXTENSION VOTES
SLAM – SLAM CORP * Vote December 24, 2025 -> extend from December 25, 2025 to December 25, 2026

SPAC VOTE RESULTS
TRON2 – CORNER GROWTH ACQUISITION CORP 2 * Extend to Dec 31, 2026 * 100,175 redeemed
ATMC – ALPHATIME ACQUISITION CORP * Extend to Apr 04, 2026 * 69 redeemed * $854 removed * trust $12.38

OTHER SPAC NEWS
CAEP – CANTOR EQUITY PARTNERS III INC * Media Transcript

SEPARATE WARRANTS/RIGHTS
Dec 23: WESTIN ACQUISITION CORP (WSTN)
Dec 22: INVEST GREEN ACQUISITION CORP (IGAC)

SILICON VALLEY ACQUISITION CORP. (SVAQ) – $200 Million SPAC IPO
Ticker: SVAQU (Units) | Size: $200 million | Sponsor: Silicon Valley Acquisition Sponsor LLC

Silicon Valley Acquisition Corp. priced its $200 million IPO, entering the market with a heavy emphasis on the Palo Alto innovation ecosystem. The vehicle is positioned as a bridge for high-growth tech firms seeking public entry, leveraging a management team with deep roots in both institutional investment banking and the venture capital lifecycle.

Management: The team is led by CEO Dan Nash, former head of investment banking at Cohen & Company Capital Markets, where he specialized in SPAC underwriting. He is supported by CFO Martin Zinny and COO Madan Menon. The board features notable tech figures including Adam Nash (CEO of Daffy, former Wealthfront CEO) and Matthew Murphy (Managing Director at Menlo Ventures).

Strategy: While the SPAC maintains a broad mandate, it is specifically targeting sectors undergoing “structural transformation.” This includes fintech, crypto/digital assets, AI-driven infrastructure, energy transition, and auto/mobility. The team aims to identify targets that benefit from the shifting technological landscape in the Silicon Valley corridor.

Structure: Units were priced at $10.00 and consist of one Class A ordinary share and one-half (1/2) of one redeemable warrant. The 1/2 warrant structure offers a slightly more aggressive sweetener than the 1/3 seen in some recent “blue chip” launches, likely intended to attract yield-focused investors in a competitive year-end window.

SOCIAL COMMERCE PARTNERS CORP. (SCPQ) — $100 Million SPAC IPO
Ticker: SCPQU (Units) | Size: $100 million | Sponsor: Social Commerce Partners Sponsor LLC

Social Commerce Partners Corp. priced a $100 million IPO to pursue a niche strategy within the evolving retail and digital marketing landscape. Based in Plano, Texas, the SPAC is one of the few vehicles specifically targeting the “social commerce” and direct-selling sectors—areas that have seen renewed interest as traditional e-commerce shifts toward influencer-led and community-driven models.

Management: The company is headed by CEO and Chairman Stuart Johnson, a veteran of the direct selling industry, and CFO Harley (Michael) Rollins. The board includes industry specialists Wayne Moorehead, Peter Griscom, and Heather Chastain, signaling a management-heavy approach designed to provide operational “alpha” to a potential merger partner.

Strategy: SCPQ is laser-focused on the social commerce industry. The team intends to identify businesses that utilize peer-to-peer marketing and community-based sales models, looking for platforms that can benefit from the team’s operational expertise and the increased visibility of a public listing.

Structure: The $100 million offering consists of 10,000,000 units priced at $10.00. Each unit includes one Class A ordinary share and one-half (1/2) of one redeemable warrant. The warrants become exercisable 30 days after the completion of a business combination, a standard timeline that preserves the trust’s integrity during the search phase.

NEW SPAC IPOs
Dec 23: SVAQ – Silicon Valley Acquisition Corp. $200M IPO
Dec 23: SCPQ – Social Commerce Partners Corp $100M IPO
Dec 19: BEBE – Tge Value Creative Solutions Corp $150M IPO
Dec 18: VHCP – Vine Hill Capital Investment Corp. II $200M IPO (+underwriter overallotment: $30M)
Dec 18: ADAC – American Dynamism Acquisition Co $200M IPO (+underwriter overallotment: $30M)
Dec 18: LPCV – Launchpad Cadenza Acquisition Corp I $200M IPO
Dec 17: IRHO – Iron Horse Acquisition Corp. II $200M IPO (+underwriter overallotment: $30M)
Dec 17: CCXI – Churchill Capital Corp XI $360M IPO (+underwriter overallotment: $54M)
Dec 16: CRAN – Crane Harbor Acquisition Corp. II $300M IPO (+underwriter overallotment: $45M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
37.5% ~ $ 44.01 | AFJK – AIMEI HEALTH TECHNOLOGY CO LTD (Announced)
29.4% ~ $ 16.10 | ASPC – ASPAC III ACQUISITION CORP (Announced)
9.9% ~ $ 17.27 | CCCX – CHURCHILL CAPITAL CORP X (Announced)
5.9% ~ $ 10.00 | RDAC – RISING DRAGON ACQUISITION CORP (Announced)
5.1% ~ $ 12.24 | ESHA – ESH ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-.8% ~ $ 12.40 | ISRL – ISRAEL ACQUISITIONS CORP (Announced)
-.7% ~ $ 10.63 | YHNA – YHN ACQUISITION I LTD (Announced)
-.6% ~ $ 10.26 | CEPF – CANTOR EQUITY PARTNERS IV INC (Pre-Deal)
-.5% ~ $ 10.31 | NOEM – CO2 ENERGY TRANSITION CORP (Pre-Deal)
-.5% ~ $ 10.45 | IBAC – IB ACQUISITION CORP (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Dec 23 | SCPQ – Social Commerce Partners Corp
Dec 23 | SVAQ – Silicon Valley Acquisition Corp.
Dec 19 | $ 9.93 | BEBE – TGE Value Creative Solutions Corp
Dec 18 | $ 10.05 | VHCP – Vine Hill Capital Investment Corp. II
Dec 18 | $ 10.00 | LPCV – Launchpad Cadenza Acquisition Corp I
Dec 18 | $ 9.96 | ADAC – American Dynamism Acquisition Co
Dec 17 | $ 9.95 | IRHO – Iron Horse Acquisition Corp. II
Dec 17 | $ 10.20 | CCXI – Churchill Capital Corp XI
Dec 16 | $ 10.05 | CRAN – Crane Harbor Acquisition Corp. II
Dec 12 | $ 9.95 | ITHA – ITHAX Acquisition Corp III
Dec 12 | $ 9.97 | TWLV – Twelve Seas Investment Co III
Dec 11 | $ 10.08 | KBON – Karbon Capital Partners Corp.
Dec 11 | $ 10.00 | BLRK – Bluerock Acquisition Corp.
Dec 10 | $ 10.00 | MESH – Meshflow Acquisition Corp
Dec 09 | $ 10.04 | DSAC – Daedalus Special Acquisition Corp.
Dec 05 | $ 9.99 | LFAC – Leapfrog Acquisition Corp
Dec 04 | $ 10.07 | SAC – Safeguard Acquisition Corp.
Dec 04 | $ 10.34 | NWAX – New America Acquisition I Corp.
Dec 04 | $ 10.01 | AEAQ – Activate Energy Acquisition Corp.
Dec 03 | $ 10.06 | SBXE – SilverBox Corp V
Dec 03 | $ 10.00 | GPAC – General Purpose Acquisition Corp.
Dec 02 | $ 9.98 | BIXI – Bitcoin Infrastructure Acquisition Corp Ltd.
Nov 26 | $ 10.07 | SCII – SC II Acquisition Corp
Nov 25 | $ 10.06 | IGAC – Invest Green Acquisition Corp

Recent Analysis

Daily SPAC Update – December 22, 2025

Plum Acquisition IV Non-Binding LOI. Spree 1 Extension Approved. DT Cloud Withdraws Fee Change Proposals. Broad Capital and Welsbach Set Extension Votes.

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