Daily SPAC Update – August 12, 2025

by | Aug 12, 2025

Two New SPAC IPOs: McKinley and Highview. ByNordic and Embrace Change SPAC Extensions Approved. Cohen Circle + Kyivstar Group Deal Vote. BridgeBio DeSPACs.

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Daily SPAC Update

SPAC VOTE RESULTS
BYNO – BYNORDIC ACQUISITION CORP * Extend to Aug 12, 2026 * 571,053 redeemed
EMCG – EMBRACE CHANGE ACQUISITION CORP * Extend to Aug 12, 2026 * 2,097,743 redeemed

MERGER VOTES
CCIR – Cohen Circle Acquisition Corp I + Kyivstar Group Ltd.
Kyivstar is Ukraine’s largest communications operator, serving more than 23.0 million mobile subscribers and over 1.1 million home internet fixed line customers as of December 2024. The company provides services across a wide range of mobile and fixed line technologies, including 4G, Big Data, cloud solutions, cybersecurity, digital TV, and more. VEON, through Kyivstar, plans to invest USD 1 billion into the development of new telecom technologies in Ukraine over 2023-2027. Kyivstar has been operating in Ukraine for 27 years and is recognized as the largest taxpayer in the communications sector, a top-rated employer and a socially responsible company. For more information: www.kyivstar.ua

SPAC DEAL & EXTENSION VOTES SET
ALCY – Alchemy Investments Acquisition Corp 1 * EXTENSION VOTE SET: Sep 04, 2025 * trust $11.05
DYCQ – Dt Cloud Acquisition Corp * EXTENSION VOTE SET: Aug 21, 2025 * trust $11.00
TETEF – Technology & Telecommunication Acquisition Corp * EXTENSION VOTE SET: Aug 20, 2025 * trust $12.71

NEW SPAC IPOs
Aug 12: MKLY – Mckinley Acquisition Corp $150M IPO
Aug 12: HVMC – Highview Merger Corp. $200M IPO
Aug 08: SSEA – Starry Sea Acquisition Corp $50M IPO

DeSPACs
Aug 12: HLXB DeSPAC to BridgeBio Oncology Therapeutics (BBOT)

OTHER SPAC NEWS
CCIR – COHEN CIRCLE ACQUISITION CORP I * Redemption Update * 5,847,015 redeemed
EQV – EQV VENTURES ACQUISITION CORP * Merger Agreement
HUDA – HUDSON ACQUISITION I CORP * Redemption Overpayment from Trust
PORT – SOUTHPORT ACQUISITION CORP * Vote Postponed

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
22.25% ~ $ 12.59 | FACT – FACT II ACQUISITION CORP (Pre-Deal)
10.88% ~ $ 29.75 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
9.88% ~ $ 11.46 | CCIR – COHEN CIRCLE ACQUISITION CORP I (Announced)
5.07% ~ $ 11.69 | DYNX – DYNAMIX CORP (Announced)
3.73% ~ $ 11.39 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-6.13% ~ $ 11.03 | RTAC – RENATUS TACTICAL ACQUISITION CORP I (Pre-Deal)
-2.11% ~ $ 10.67 | YORK – YORKVILLE ACQUISITION CORP (Pre-Deal)
-1.66% ~ $ 10.54 | VCIC – VINE HILL CAPITAL INVESTMENT CORP (Pre-Deal)
-1.16% ~ $ 11.96 | ATMC – ALPHATIME ACQUISITION CORP (Announced)
-.99% ~ $ 10.01 | BSAA – BEST SPAC I ACQUISITION CORP (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Aug 12 | HVMC – Highview Merger Corp.
Aug 12 | MKLY – McKinley Acquisition Corp
Aug 08 | $ 10.03 | SSEA – STARRY SEA ACQUISITION CORP
Aug 05 | $ 10.04 | QUMS – Quantumsphere Acquisition Corp
Aug 01 | $ 10.10 | HCMA – HCM III Acquisition Corp.
Jul 31 | $ 9.97 | BCAR – D. Boral ARC Acquisition I Corp.
Jul 30 | $ 10.06 | APAD – A Paradise Acquisition Corp.
Jul 17 | $ 10.03 | PAII – Pyrophyte Acquisition Corp. II
Jul 16 | $ 10.04 | SOCA – Solarius Capital Acquisition Corp.
Jul 15 | $ 10.13 | SPEG – Silver Pegasus Acquisition Corp.

Recent Analysis

Daily SPAC Update – August 13, 2025

Cohen Circle + Kyivstar Group Deal Approved; Expected to DeSPAC Thursday. Denali Capital and Alchemy Investment Extension Votes Set. Armada Acquisition Sponsor Securities Purchase.

Daily SPAC Update – August 6, 2025

FG Merger II Taking Boxabl Public in $6.3 Billion Deal. Presidio Petroleum in $664 Million Deal with EQV Ventures. Flagship Sets Date to Vote on Extension Fee Changes. ByNordic Extension Vote.

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