$50 Million Deal Termination Payment Due as Dynamix and The Ether Reserve Call Off Deal. Aparadise Sets Deal Vote for May 1.
SPAC IPO UPDATE
SPAC IPO Count
| Date | Ticker | Issuer | IPO Size |
|---|---|---|---|
| Apr 07 | AACP | APOGEE ACQUISITION CORP | $150M $23M overallotment |
DAILY SPAC UPDATE
SPAC DEAL & EXTENSION VOTES SET
APAD – Aparadise Acquisition Corp * DEAL VOTE SET: May 01, 2026 * trust $10.26
SPAC DEAL TERMINATIONS (Last 10 Days)
2026-04-08: Dynamix Corp. (NASDAQ: DYNX) + The Ether Reserve, LLC
Dynamix Corp. (NASDAQ: DYNX) and crypto-treasury firm The Ether Machine have mutually terminated their planned $1.6 billion merger, citing “unfavorable market conditions” as the primary driver for the deal’s collapse. Under the terms of the withdrawal effective April 8, an unnamed payor associated with the target must deliver a $50 million termination fee to Dynamix within 15 days. The payment provides a significant cash cushion for the blank-check firm, which currently carries a market capitalization of roughly $232 million, as it pivots to find a new acquisition target.
The cancellation marks a setback for what was slated to be one of the largest crypto-related public debuts, featuring a $1.5 billion PIPE financing commitment. While the deal’s dissolution voids associated subscription and support agreements, Dynamix’s leadership now faces a ticking clock; the special purpose acquisition company has until November 22, 2026, to finalize an alternative business combination.
OTHER SPAC NEWS
HUDA – HUDSON ACQUISITION I CORP * Auditor Change
CDAQ – COMPASS DIGITAL ACQUISITION CORP * Investor Deck
FGMC – FG MERGER II CORP * Merger Agreement Amendment
HVII – HENNESSY CAPITAL INVESTMENT CORP VII * Media Transcript
NPAC – NEW PROVIDENCE ACQUISITION CORP III * Media Transcript
SEPARATE WARRANTS/RIGHTS
Apr 14: GALAXYEDGE ACQUISITION CORP (GLED)
Apr 14: METALS ACQUISITION CORP II (MTAL)
Apr 13: PALOMA ACQUISITION CORP I (PALO)
Apr 13: ABONY ACQUISITION CORP I (AACO)
Apr 10: AVERIN CAPITAL ACQUISITION CORP (ACAA)
SPAC DEALS ANNOUNCED
Apr 09 | CSTAF – Constellation Acquisition Corp I + HiTech Minerals Inc
ABOUT HiTech Minerals Inc
HiTech Minerals, through its U.S.-focused subsidiary US Elemental, is a critical minerals company backed by parent Jindalee Lithium, developing domestic supply chains for strategic resources.
Apr 08 | FERA – Fifth Era Acquisition Corp I + Miotal
ABOUT Miotal
Miotal is a strategic metals platform focused on the acquisition, holding, and monetization of high-purity, technology-grade materials. The Company controls a substantial, independently verified inventory of strategic metals, including ultrafine copper powder, ultrafine nickel wire and rare earth metals, which are critical inputs across defense, semiconductor, energy and healthcare industries.
DeSPACs
Apr 09: HYAC DeSPAC to Concrete Partners, LLC (RMIX)
About Concrete Partners, LLC
Suncrete is a pure-play ready-mix concrete company strategically positioned across Oklahoma and Arkansas with plans to expand throughout the rapidly growing and economically resilient U.S. Sunbelt region. The Company operates batching plants, a dedicated fleet of owned mixer trucks and a tech-enabled dispatch infrastructure supporting a diversified customer base across public infrastructure, commercial and residential sectors. Headquartered in Tulsa, Oklahoma, Suncrete operates under a decentralized plant network strategy with regionally centralized oversight of pricing, customer relationships and fleet utilization with consistent customer engagement across markets to deliver products on time and on spec.
SEPARATE WARRANTS/RIGHTS
Apr 14: GALAXYEDGE ACQUISITION CORP (GLED)
Apr 14: METALS ACQUISITION CORP II (MTAL)
Apr 13: PALOMA ACQUISITION CORP I (PALO)
Apr 13: ABONY ACQUISITION CORP I (AACO)
Apr 10: AVERIN CAPITAL ACQUISITION CORP (ACAA)
OTHER SPAC NEWS
HUDA – HUDSON ACQUISITION I CORP * Auditor Change
LEGT – LEGATO MERGER CORP III * Investor Deck
CSTAF – CONSTELLATION ACQUISITION CORP I * Merger Agreement
FERA – FIFTH ERA ACQUISITION CORP I * Merger Agreement
MLAA – MOUNTAIN LAKE ACQUISITION CORP II * Non-Binding LOI
NPAC – NEW PROVIDENCE ACQUISITION CORP III * Media Transcript
| Company | Ticker | Moves |
|---|---|---|
| ALTENERGY ACQUISITION CORP | AEAE |
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| APOGEE ACQUISITION CORP | AACPU |
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| DT CLOUD STAR ACQUISITION CORP | DTSQ |
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| IRON HORSE ACQUISITION II CORP | IRHO |
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SPAC MOVERS
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| RISING DRAGON ACQUISITION CORP | RDAC | 18.0% | $ 6.49 | Announced |
| WILLOW LANE ACQUISITION CORP | WLAC | 7.0% | $ 11.38 | Announced |
| HORIZON SPACE ACQUISITION II CORP | HSPT | 3.0% | $ 7.57 | Announced |
| WILLOW LANE ACQUISITION CORP II | WLII | 1.3% | $ 10.02 | Pre-Deal |
| K2 CAPITAL ACQUISITION CORP | KII | 1.0% | $ 9.99 | Pre-Deal |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| AIMEI HEALTH TECHNOLOGY CO LTD | AFJK | -17.5% | $ 56.00 | Announced |
| STONEBRIDGE ACQUISITION II CORP | APAC | -10.2% | $ 10.03 | Pre-Deal |
| GENERAL PURPOSE ACQUISITION CORP | GPAC | -10.1% | $ 9.92 | Pre-Deal |
| ASPAC III ACQUISITION CORP | ASPC | -8.4% | $ 11.72 | Announced |
| VOYAGER ACQUISITION CORP | VACH | -5.0% | $ 12.12 | Announced |