Daily SPAC Update – August 21, 2025

by | Aug 21, 2025

Lutnick’s SPAC Push Continues as Cantor Equity Partners IV IPOs for $400M. DT Cloud Acquisition Extension Vote

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Daily SPAC Update

IS CANTOR THE REAL “SPAC KING”?
With the IPO of Cantor Equity Partners IV for $400M, Cantor reinforces its place as one of the most prolific SPAC sponsors out there, and certainly the most active in the market today. Its team consists of Cantor SPAC veterans including Brandon Lutnick as CEO. Cantor’s current SPAC roster has 2 pre-deal SPACs, 2 SPACs with deals, and 2 SPACs awaiting IPO. Expect the pre-deals/pre-IPO SPACs to take a crypto-first posture and look for deals within the digital asset space. Lutnick’s current SPAC push could see him become the next “SPAC King” while Chamath wrestles with his past performance and works to bring latest SPAC, American Exceptionalism Acquisition Corp. A, to market.

NEW SPAC IPOs
Aug 21: CEPF – Cantor Equity Partners IV, Inc. $400M IPO
Aug 12: MKLY – Mckinley Acquisition Corp $150M IPO
Aug 12: HVMC – Highview Merger Corp. $200M IPO (+underwriter overallotment: $30M)

EXTENSION VOTES
DYCQ – DT CLOUD ACQUISITION CORP * vote August 21, 2025 -> extend to February 23, 2027

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
8.59% ~ $ 11.19 | FACT – FACT II ACQUISITION CORP (Pre-Deal)
8.42% ~ $ 10.30 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
6.87% ~ $ 11.67 | CHEB – POLIBELI GROUP LTD (Announced)
3.60% ~ $ 11.50 | DYCQ – DT CLOUD ACQUISITION CORP (Announced)
2.60% ~ $ 12.72 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-9.84% ~ $ 11.00 | EMCG – EMBRACE CHANGE ACQUISITION CORP (Announced)
-.59% ~ $ 10.12 | RAAQ – REAL ASSET ACQUISITION CORP (Pre-Deal)
-.43% ~ $ 10.46 | CEPO – CANTOR EQUITY PARTNERS I INC (Announced)
-.39% ~ $ 10.11 | NPAC – NEW PROVIDENCE ACQUISITION CORP III (Pre-Deal)
-.38% ~ $ 11.65 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Aug 12 | $ 9.98 | MKLY – McKinley Acquisition Corp
Aug 12 | $ 10.05 | HVMC – Highview Merger Corp.
Aug 08 | $ 10.04 | SSEA – STARRY SEA ACQUISITION CORP
Aug 05 | $ 10.02 | QUMS – Quantumsphere Acquisition Corp
Aug 01 | $ 10.15 | HCMA – HCM III Acquisition Corp.
Jul 31 | $ 9.96 | BCAR – D. Boral ARC Acquisition I Corp.
Jul 30 | $ 10.02 | APAD – A Paradise Acquisition Corp.

Recent Analysis

Daily SPAC Update – August 18, 2025

SPAC IPOs Slowing in August, but Remain Well Ahead of 2024. Breeze Holdings Deal Approved. Globalink’s Redemption Overpayment Requires Restatement.

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