Daily SPAC Update – April 10, 2025

by | Apr 10, 2025

Global Blockchain Acquisition (GBBK) Liquidation. Denali Capital (DECA) Extension Vote. TLGY Acquisition LOI with Crypto’s Ethena Foundation.

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Daily SPAC Update

SPAC LIQUIDATIONS
Global Blockchain Acquisition Corp. (GBBK)-> Liquidation on Apr 13

EXTENSION VOTES
DECA – DENALI CAPITAL ACQUISITION CORP * vote April 10, 2025 -> extend from from April 11, 2025 to December 11, 2025

OTHER SPAC NEWS
DECA – DENALI CAPITAL ACQUISITION CORP * Delisting
AIMAU – AIMFINITY INVESTMENT CORP I * Merger Agreement Amendment
TLGYF – TLGY ACQUISITION CORP * Non-Binding LOI

YESTERDAY’S TOP SPAC GAINERS
7.56% ~ $ 11.67 | HCVI – HENNESSY CAPITAL INVESTMENT CORP VI (Announced)
5.73% ~ $ 2.03 | BFAC – CLASSOVER HOLDINGS INC (Announced)
2.14% ~ $ 11.44 | SKGR – SK GROWTH OPPORTUNITIES CORP (Announced)
1.21% ~ $ 10.83 | BUJA – BUKIT JALIL GLOBAL ACQUISITION 1 LTD (Announced)

YESTERDAY’S TOP SPAC LOSERS
-9.95% ~ $ 11.50 | MSSA – METAL SKY STAR ACQUISITION CORP (Pre-Deal)
-3.52% ~ $ 12.06 | WINV – WINVEST ACQUISITION CORP (Announced)
-1.91% ~ $ 7.70 | BOWN – BOWEN ACQUISITION CORP (Announced)
-1.19% ~ $ 11.61 | BNIX – BANNIX ACQUISITION CORP (Pre-Deal)
-.93% ~ $ 10.67 | QETA – QUETTA ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Apr 03 | $ 10.00 | SZZL – Sizzle Acquisition Corp. II
Apr 03 | $ 9.98 | SOUL – Soulpower Acquisition Corp.
Apr 01 | $ 10.02 | SDHI – Siddhi Acquisition Corp
Mar 31 | $ 10.06 | UYSC – UY Scuti Acquisition Corp.
Mar 21 | $ 10.02 | GSHR – Gesher Acquisition Corp. II
Mar 17 | $ 10.09 | QSEA – Quartzsea Acquisition Corp

Recent Analysis

Weekly Boardroom & Executive Moves: May 1, 2026

This week, significant leadership changes occurred across several companies facing financial difficulties. Abbott Laboratories (ABT) and Agilon Health Inc (AGL) appointed new board members and executives amidst high activist risks and declining TSRs. Accuray Inc (ARAY) and ALT5 Sigma Corp (ALTS) also saw key executive departures and appointments as they navigate substantial TSR declines. These shifts highlight the ongoing challenges and strategic redirections needed to stabilize operations and improve shareholder value.

Daily SPAC Update – May 1, 2026

Two SPAC IPOs launched today, raising a total of $500 million. CH4 Natural Solutions Acquisition Corp (MTNE) secured $300 million, while Quantum Leap Acquisition Corp (QLEP) raised $200 million. Today, 2 SPAC IPOs raised $500M, led by CH4 Natural Solutions (MTNE) at $300M. This follows a surge of activity at the end of April.

Daily SPAC Update – April 30, 2026

Today, six SPACs debuted, raising a total of $965 million. General Catalyst Global Resilience Merger Corp (GCGR) led the pack with $350 million, followed by RRE Ventures Acquisition Corp. (RREV) at $250 million. Month-to-date, SPAC IPOs total 16, bringing in $2.65 billion, compared to 11 IPOs last month that raised $1.72 billion.

Daily SPAC Update – April 29, 2026

Collective Acquisition Corp. II (CAII) launched its $220 million IPO today, targeting high-potential sectors like technology and healthcare. In executive moves, Roger Bendelac was appointed CEO of both Drugs Made in America Acquisition Corp (DMAA) and Drugs Made in America Acquisition II Corp (DMII), with Saleem Elmasri as CFO. Meanwhile, General Purpose Acquisition Corp (GPAC) saw a significant decline of 22.9%, closing at $9.96, while Aimei Health Technology Co Ltd (AFJK) gained 2.7% to $46.12.

Daily SPAC Update – April 28, 2026

SPAC IPOs Look Stalled Again as Irenic’s $220M IPO Only Makes it Seven. Miluna Acquisition + CADV.AI Deal. Prophyte Extension Vote to Add 12 More Months.

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