Daily SPAC Update – August 6, 2025

by | Aug 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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Daily SPAC Update

EXTENSION VOTES
BYNO – BYNORDIC ACQUISITION CORP * vote August 6, 2025 -> extend from August 12, 2025 to August 12, 2026

SPAC DEALS ANNOUNCED
Aug 05 | FGMC – Fg Merger II Corp + Boxabl Inc.

ABOUT Boxabl Inc.
BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’S flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation-setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.

Aug 05 | EQV – Eqv Ventures Acquisition Corp + Presidio Petroleum

ABOUT Presidio Petroleum
Headquartered in Fort Worth, TX, Presidio is a leading operator of mature oil and gas wells across the Mid-Continent. The company is focused exclusively on optimizing existing production and generating sustainable cash flow from low-decline, producing assets.

SPAC DEAL & EXTENSION VOTES SET
FSHP – Flag Ship Acquisition Corp * EXTENSION FEE CHANGE VOTE SET: Aug 26, 2025 * trust $10.47

OTHER SPAC NEWS
CSLMF – CSLM ACQUISITION CORP * Redemption Update * 99,187 redeemed * trust $12.15
MACI – MELAR ACQUISITION CORP I * Merger Agreement
FGMC – FG MERGER II CORP * Merger Agreement
SVII – SPRING VALLEY ACQUISITION CORP II * Merger Agreement
WTMA – WELSBACH TECHNOLOGY METALS ACQUISITION CORP * Merger Agreement Amendment

NEW SPAC IPOs
Aug 01: HCMA – Hcm Iii Acquisition Corp. $220M IPO (+underwriter overallotment: $33M)
Jul 31: BCAR – D. Boral Arc Acquisition I Corp. $250M IPO

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
7.43% ~ $ 10.55 | CHEB – CHENGHE ACQUISITION II CO (Announced)
.84% ~ $ 10.84 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
.50% ~ $ 9.97 | FGMC – FG MERGER II CORP (Announced)
.48% ~ $ 10.48 | EQV – EQV VENTURES ACQUISITION CORP (Announced)
.39% ~ $ 10.37 | RDAG – REPUBLIC DIGITAL ACQUISITION CO (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-21.51% ~ $ 10.29 | FACT – FACT II ACQUISITION CORP (Pre-Deal)
-5.49% ~ $ 27.03 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-3.68% ~ $ 9.15 | HLXB – HELIX ACQUISITION CORP II (Announced)
-3.14% ~ $ 10.78 | CEPO – CANTOR EQUITY PARTNERS I INC (Announced)
-1.42% ~ $ 10.40 | LOKV – LIVE OAK ACQUISITION CORP V (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Aug 01 | $ .00 | HCMA – HCM III Acquisition Corp.
Jul 31 | $ .00 | BCAR – D. Boral ARC Acquisition I Corp.
Jul 30 | $ .00 | APAD – A Paradise Acquisition Corp.
Jul 17 | $ 10.03 | PAII – Pyrophyte Acquisition Corp. II
Jul 16 | $ 10.05 | SOCA – Solarius Capital Acquisition Corp.
Jul 15 | $ 10.14 | SPEG – Silver Pegasus Acquisition Corp.
Jul 09 | $ 10.19 | GTER – Globa Terra Acquisition Corporation

Recent Analysis

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Executive Moves Update – August 1, 2025

CEO and CFO transitions at Dexcom, Carlyle, Roku, Warner Bros. Discovery, MetLife, and Five9. New board members at Chevron, BioMarin, Celestica, Elevance Health, GXO Logistics, and more. Executive leadership changes and governance red flags across U.S. public companies for the week of July 28 – August 1, 2025.

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