Daily SPAC Update – December 9, 2025

by | Dec 9, 2025

Daedalus Special Acquisition $225 Million IPO. ESH Acquisition Extension and Alphatime / HCYC Group Deal Approved. Metal Sky Sets Extension Vote.

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Daily SPAC Update

DAEDALUS SPECIAL ACQUISITION CORP $225M IPO
Daedalus Special Acquisition Corp. launches its $225 million IPO, pricing 22.5 million units at $10 and debuting on Nasdaq under DSACU, DSAC, and DSACW. The leadership team brings real operating and investing firepower: Husnu Akin Babayigit, a global gaming and digital-media builder known for scaling high-volume consumer platforms, and Orkun Kilic, a technology-focused investor with a track record across AI, fintech, and data-rich consumer businesses. Their mandate is to assemble or acquire a high-growth portfolio of AI-powered consumer apps, positioning Daedalus as a SPAC run by people who have actually built, scaled, and invested in the kinds of companies they’re now targeting. This is the eighth SPAC IPO in December.

SPAC VOTE RESULTS
ESHA – ESH ACQUISITION CORP * Extend to Jun 13, 2026 * 526,731 redeemed
ATMC – ALPHATIME ACQUISITION CORP * Deal Approved with HCYC Group Company Limited * 382,091 redeemed * $4,730,287 removed * trust $12.38

SPAC DEAL & EXTENSION VOTES SET
MSSAF – Metal Sky Star Acquisition Corp * EXTENSION VOTE SET: Dec 30, 2025 * trust $13.56

OTHER SPAC NEWS
MACI – MELAR ACQUISITION CORP I * Merger Agreement Amendment

DeSPACs
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 09: CROWN RESERVE ACQUISITION CORP I (CRAC)
Dec 08: TAILWIND 20 ACQUISITION CORP (TDWD)

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

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
8.91% ~ $ 11.00 | RDAC – RISING DRAGON ACQUISITION CORP (Announced)
6.07% ~ $ 12.94 | PCSC – PERCEPTIVE CAPITAL SOLUTIONS CORP (Pre-Deal)
1.79% ~ $ 11.91 | KVAC – KEEN VISION ACQUISITION CORP (Announced)
1.74% ~ $ 11.71 | WLAC – WILLOW LANE ACQUISITION CORP (Announced)
.82% ~ $ 11.04 | AEXA – AMERICAN EXCEPTIONALISM ACQUISITION CORP A (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-5.37% ~ $ 7.85 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
-4.02% ~ $ 11.71 | ESHA – ESH ACQUISITION CORP (Announced)
-1.33% ~ $ 10.36 | KRSP – RICE ACQUISITION CORP 3 (Pre-Deal)
-.80% ~ $ 11.11 | CHAC – CRANE HARBOR ACQUISITION CORP (Announced)
-.80% ~ $ 12.40 | ISRL – ISRAEL ACQUISITIONS CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Dec 09 | DSAC – Daedalus Special Acquisition Corp.
Dec 05 | LFAC – Leapfrog Acquisition Corp
Dec 04 | NWAX – New America Acquisition I Corp.
Dec 04 | SAC – Safeguard Acquisition Corp.
Dec 04 | $ 10.01 | AEAQ – Activate Energy Acquisition Corp.
Dec 03 | GPAC – General Purpose Acquisition Corp.
Dec 03 | SBXE – SilverBox Corp V
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 | $ 10.12 | 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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