Daily SPAC Update – December 10, 2025

by | Dec 10, 2025

Meshflow’s $300M SPAC IPO Makes it Nine for December. Integrated Wellness + Btab Ecommerce Deal Approved. ATMV DeSPACs to AMC Corporation.

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Daily SPAC Update

MESHFLOW ACQUISITION CORP. (MESHU) $300 MILLION SPAC IPO TARGETS BLOCKCHAIN
Meshflow Acquisition Corp. ($MESHU) made its Nasdaq debut today, pricing its upsized IPO of 30 million units at $10.00 per unit to raise $300 million. The SPAC is targeting opportunities at the infrastructure layer of the blockchain and digital asset ecosystem, including crypto infrastructure platforms and Web3 middleware. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant ($MESHW), with whole warrants exercisable at $11.50 per share. The company is led by CEO, CFO, and Chairman Bartosz Lipiński (former Citadel and JPMorgan) and is sponsored by Vector Nexus Partners. Cantor Fitzgerald & Co. is the sole book-running manager.

SPAC VOTE RESULTS
WELNF – INTEGRATED WELLNESS ACQUISITION CORP * Deal Approved with Btab Ecommerce Group, Inc.

OTHER SPAC NEWS
WELNF – INTEGRATED WELLNESS ACQUISITION CORP * Redemption Update * 1,156,408 redeemed
POLE – ANDRETTI ACQUISITION CORP II * Merger Agreement

DeSPACs
Dec 10: ATMV DeSPAC to AMC Corporation (AMCI)
AMC creates and distributes innovative, and smart security and consumer electronics solutions. AMC builds strong relationships with its customers and partners to make high quality internet connected smart home products and augmented reality wearable products that are accessible, affordable, and easy-to-use. AMC’s mission is to make high-quality computer vision AI accessible for consumers and businesses through a highly scalable, hardware-agnostic native AI platform.

Dec 09: CEP DeSPAC to Twenty One Capital, Inc. (XXI)
At closing, Twenty One will become the first Bitcoin-native public company, built to maximize Bitcoin ownership per share. Twenty One aims to be the most effective public vehicle for Bitcoin accumulation and monetization, with a mission to accelerate Bitcoin adoption and Bitcoin literacy, and a pursuit of strategies to develop a range of Bitcoin-related financial and advisory services.

Dec 08: BRR DeSPAC to ProCap BTC, LLC (BRR)
ProCap BTC, LLC is a bitcoin-native financial services firm founded by Anthony Pompliano. Pompliano has invested in more than 300 private companies and is one of the leading voices on bitcoin globally. ProCap Financial, Inc., the company resulting from the proposed Business Combination, will focus on implementing various profit-generating products and services to support the unique financial needs of large financial institutions and institutional investors.

SEPARATE WARRANTS/RIGHTS
Dec 15: HARVARD AVE ACQUISITION CORP (HAVA)
Dec 09: CROWN RESERVE ACQUISITION CORP I (CRAC)
Dec 08: TAILWIND 20 ACQUISITION CORP (TDWD)

NEW SPAC IPOs
Dec 10: MESH – Meshflow Acquisition Corp $300M IPO
Dec 09: DSAC – Daedalus Special Acquisition Corp. $225M IPO
Dec 05: LFAC – Leapfrog Acquisition Corp $125M IPO
Dec 04: AEAQ – Activate Energy Acquisition Corp. $200M IPO (+underwriter overallotment: $30M)
Dec 04: SAC – Safeguard Acquisition Corp. $200M IPO (+underwriter overallotment: $30M)
Dec 04: NWAX – New America Acquisition I Corp. $300M IPO (+underwriter overallotment: $45M)
Dec 03: GPAC – General Purpose Acquisition Corp. $200M IPO (+underwriter overallotment: $30M)
Dec 03: SBXE – Silverbox Corp V $240M IPO (+underwriter overallotment: $36M)
Dec 02: BIXI – Bitcoin Infrastructure Acquisition Corp Ltd. $200M IPO (+underwriter overallotment: $20M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
1,006.3% ~ $ 88.50 | AFJK – AIMEI HEALTH TECHNOLOGY CO LTD (Announced)
42.3% ~ $ 17.50 | HSPO – HORIZON SPACE ACQUISITION I CORP (Pre-Deal)
5.6% ~ $ 12.35 | TBMC – TRAILBLAZER MERGER CORP I (Announced)
4.5% ~ $ 11.50 | RDAC – RISING DRAGON ACQUISITION CORP (Announced)
1.5% ~ $ 10.86 | DTSQ – DT CLOUD STAR ACQUISITION CORP (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-4.5% ~ $ 14.90 | ATMC – ALPHATIME ACQUISITION CORP (Announced)
-1.9% ~ $ 12.70 | PCSC – PERCEPTIVE CAPITAL SOLUTIONS CORP (Pre-Deal)
-1.3% ~ $ 10.36 | KRSP – RICE ACQUISITION CORP 3 (Pre-Deal)
-1.3% ~ $ 10.97 | CHAC – CRANE HARBOR ACQUISITION CORP (Announced)
-1.1% ~ $ 10.28 | FERA – FIFTH ERA ACQUISITION CORP I (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Dec 10 | MESH – Meshflow Acquisition Corp
Dec 09 | DSAC – Daedalus Special Acquisition Corp.
Dec 05 | LFAC – Leapfrog Acquisition Corp
Dec 04 | $ 10.38 | NWAX – New America Acquisition I Corp.
Dec 04 | $ 10.10 | SAC – Safeguard Acquisition Corp.
Dec 04 | $ 10.01 | AEAQ – Activate Energy Acquisition Corp.
Dec 03 | $ 10.10 | SBXE – SilverBox Corp V
Dec 03 | $ 10.00 | GPAC – General Purpose Acquisition Corp.
Dec 02 | $ 10.02 | BIXI – Bitcoin Infrastructure Acquisition Corp Ltd.
Nov 26 | $ 10.05 | SCII – SC II Acquisition Corp
Nov 25 | $ 10.02 | IGAC – Invest Green Acquisition Corp
Nov 21 | $ 10.02 | HCAC – Hall Chadwick Acquisition Corp
Nov 13 | $ 10.04 | ALUB – Alussa Energy Acquisition Corp. II
Nov 12 | BPAC – Blueport Acquisition Ltd
Nov 11 | $ 10.06 | EVOX – Evolution Global Acquisition Corp

Recent Analysis

Daily SPAC Update – December 4, 2025

Safeguard, New America, and Activiate Energy Launch SPAC IPOs. Pompliano’s ProCap BTC and Twenty One Capital SPAC Deals Approved. Cartica + Nidar Infrastructure Deal Vote.

Daily SPAC Update – December 3, 2025

StoreDot / POLE Deal Announced. SilverBox V Prices $240M IPO. Pompliano’s ProCap-BTC and Cantor Equity / Twenty One Capital Deal Votes Today. DT Cloud Seeks No-Fee Extensions. Israel Acquisition Delisting.

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