Daily SPAC Update – April 14, 2025

by | Apr 14, 2025

Ares Acquisition + Kodiak Robotics Deal Announced. More Deal Terminations. Focus Impact BH3 Extends and Auditor Changed. Altenergy and Healthcare AI Extension Votes Set.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
Apr 14 | AACT – Ares Acquisition Corp Ii + Kodiak Robotics, Inc.

ABOUT Kodiak Robotics, Inc.

Kodiak Robotics, Inc. was founded in 2018 and has become a leader in autonomous ground transportation committed to a safer and more efficient future for all. The company has developed an artificial intelligence (AI) powered technology stack purpose-built for commercial trucking and the public sector. The company delivers freight daily for its customers across the southern United States using its autonomous technology. In 2024, Kodiak became the first known company to publicly announce delivering a driverless semi-truck to a customer. Kodiak is also leveraging its commercial self-driving software to develop, test and deploy autonomous capabilities for the U.S. Department of Defense.

SPAC DEAL TERMINATIONS (Last 10 Days)
2025-04-10: ANSC + Australian Food and Agriculture Company Limited
2025-04-07: CBRG + Phytanix Bio

SPAC VOTE RESULTS
BHAC – FOCUS IMPACT BH3 ACQUISITION CO * Extend to Oct 07, 2025 * 1,208,635 redeemed * $13,089,517.05 removed * trust $10.83

SPAC DEAL & EXTENSION VOTES SET
AEAE – Altenergy Acquisition Corp * EXTENSION VOTE SET: Apr 23, 2025 * trust $11.69
HAIA – Healthcare Ai Acquisition Corp * EXTENSION VOTE SET: Apr 28, 2025 * trust $11.93

EXTENSION VOTES
BOWN – BOWEN ACQUISITION CORP * vote April 14, 2025 -> extend from April 14, 2025 to July 14, 2025

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

OTHER SPAC NEWS
BHAC – FOCUS IMPACT BH3 ACQUISITION CO * Auditor Resigned

YESTERDAY’S TOP SPAC GAINERS
9.74% ~ $ 16.68 | AIMAU – AIMFINITY INVESTMENT CORP I (Announced)
7.56% ~ $ 11.67 | HCVI – HENNESSY CAPITAL INVESTMENT CORP VI (Announced)
1.89% ~ $ 12.11 | HSPO – HORIZON SPACE ACQUISITION I CORP (Announced)
1.32% ~ $ 10.74 | HOND – HCM II ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-9.95% ~ $ 11.50 | MSSA – METAL SKY STAR ACQUISITION CORP (Pre-Deal)
-5.97% ~ $ 6.77 | BOWN – BOWEN ACQUISITION CORP (Announced)
-3.52% ~ $ 12.06 | WINV – WINVEST ACQUISITION CORP (Announced)
-1.48% ~ $ 1.86 | BFAC – CLASSOVER HOLDINGS INC (Announced)
-.44% ~ $ 11.28 | TBMC – TRAILBLAZER MERGER CORP I (Announced)

LATEST SPAC IPO PERFORMANCE
Apr 03 | $ 9.97 | SZZL – Sizzle Acquisition Corp. II
Apr 03 | $ 9.98 | SOUL – Soulpower Acquisition Corp.
Apr 01 | $ 10.04 | SDHI – Siddhi Acquisition Corp
Mar 31 | $ 10.07 | UYSC – UY Scuti Acquisition Corp.
Mar 21 | $ 10.04 | GSHR – Gesher Acquisition Corp. II
Mar 17 | $ 10.10 | QSEA – Quartzsea Acquisition Corp

Recent Analysis

Daily SPAC: VACI-NorthStar, AIIR – May 18, 2026

Viking Acquisition Corp I (VACI) amended its NorthStar merger agreement, revising redemption timing and closing steps and clarifying tax treatment. Separately, CAEP completed its Air DeSPAC as AIIR. May MTD reached 11 SPAC IPOs / $1,775M through 18 days vs. 6 / $785M over the same span last month.

Daily SPAC: GUAC, IDAC IPOs Add $400M in SPAC Capital – May 15, 2026

2 SPAC IPOs priced today, with Berto Acquisition Corp. II (GUAC) raising $250M and Iron Dome Acquisition I Corp (IDAC) raising $150M; IDAC funded trust at 100.5% of par. May MTD totals 9 IPOs / $1,425M through 15 days vs. 5 / $725M over the same span last month. Separately, RAAQ advanced its IQM merger with an F-4 filing.

Daily SPAC: SIMA, CAEP-Air Redemptions – May 14, 2026

SIM Acquisition I (SIMA) lost $242M from trust on its extension approval to Jul. 12, 2027, and Cantor Equity Partners III (CAEP) cleared its Air deal after $234M in redemptions. Separately, GSR V Acquisition (GSRV) priced a $200M IPO, taking May MTD to 7 SPAC IPOs / $1,025M through 14 days.

Daily SPAC: BREZ $125M IPO, GPAT Non-Redemption Agreements – May 13, 2026

GP-ACT III Acquisition (GPAT) disclosed non-redemption agreements tied to extension and trust-amendment votes, with investors pledging support and no redemptions alongside sponsor share transfers. Breeze Acquisition Corp. II (BREZ) priced a $125M IPO today with 100.2% initial trust funding; May MTD is 6 IPOs for $825M through 13 sessions vs. 2 IPOs / $350M at the same point last month.

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