Daily SPAC Update – July 24, 2025

by | Jul 24, 2025

iRocket SPAC Deal. Cohen Circle Pushes Deal Vote Back. Evergreen Liquidating.

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Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
CCIR – Cohen Circle Acquisition Corp I * DEAL VOTE SET: Aug 12, 2025 * trust $10.39
BYNO – Bynordic Acquisition Corp * EXTENSION VOTE SET: Aug 06, 2025 * trust $12.25

SPAC NEWS
EGRVF – EVERGREEN CORP * Liquidation-> 2025-07-21
CCIR – COHEN CIRCLE ACQUISITION CORP I * Deal Vote Postponed
DYNX – DYNAMIX CORP * Investor Call Transcript

SPAC LIQUIDATIONS
Evergreen Corp (EVGR)-> Liquidation on Jul 21

SEPARATE WARRANTS/RIGHTS
Jul 30: INDIGO ACQUISITION CORP (INAC)
Jul 25: YORKVILLE ACQUISITION CORP (YORK)

SPAC DEALS ANNOUNCED
Jul 23 | BPGC Acquisition Corp + iRocket

ABOUT iRocket
Since 2018, iRocket is transforming rapid and responsive access to space with the development of its Shockwave launch vehicle, which is uniquely designed for recovery and reuse of all of its stages. Just as airplanes fly multiple flights, we will Recondition, Reload, and Relaunch™ our rockets in under 24 hours. iRocket’s patented liquid rocket engines will maintain high efficiency through descent as well as ascent. Our engines will be fueled with sustainable liquid oxygen and methane, which burns cooler, imparts less stress on components, and further supports iRocket’s unique 24-hour turn-around time. Being on a leading edge with its rocket engine expertise, iRocket is also developing solid rocket motors that will transform boosters, missiles, and interceptors.

Jul 21 | UYSC – Uy Scuti Acquisition Corp + Isdera Group Overview

ABOUT Isdera Group Overview
Isdera Group is an industrial automotive enterprise with global ambitions. Headquartered in China and backed by robust design and research and development (“R&D”) capabilities, the Company entered the ultra-luxury supercar industry by acquiring the iconic German marque ISDERA, known for its legacy of handcrafted performance vehicles. Under the Company’s stewardship, ISDERA is undergoing a strategic transformation intended to revitalize the brand by expanding into both combustion-engine and electric supercar segments, supported by in-house R&D centers. Isdera Group is dedicated to achieving value in the high-growth and high-margin supercar market by leveraging its design capabilities with this heritage-driven brand story.

Jul 21 | TLGYF – TLGY Acquisition Corp + StablecoinX Assets Inc.

ABOUT StablecoinX Assets Inc.
StablecoinX is a newly-formed validator and infrastructure business expected to operate infrastructure and staking services, running validators and related technical services for the Ethena protocol. StablecoinX is expected to adopt a multi-year treasury strategy to build a reserve of ENA, the Ethena protocol’s native token. About the Ethena Foundation The Ethena Foundation serves as an independent steward of the Ethena protocol – the network behind the USDe and USDtb digital dollars – with a focus on the protocol’s long-term success and integrity. The Ethena Foundation is responsible for the protocol’s governance framework, oversight of key protocol assets, and facilitating essential operations. The foundation’s commitment is to ensure the sustainable development and stability of the Ethena ecosystem for all its participants.

Jul 21 | DYNX – Dynamix Corp + The Ether Reserve, LLC

ABOUT The Ether Reserve, LLC
Formed through a business combination (to be completed) between The Ether Reserve, LLC and Dynamix Corp, a NASDAQ-listed special purpose acquisition company (the “Business Combination”), pursuant to a definitive business combination agreement (the “Business Combination Agreement”), The Ether Machine is an Ethereum yield and infrastructure company purpose-built for institutional management and scale. Expected to be anchored by one of the largest on-chain ETH positions of any public entity, The Ether Machine will actively generate and optimize ETH-denominated returns through staking, restaking, and secure, professionally risk-managed DeFi participation. The Company also expects to provide turnkey infrastructure solutions for enterprises, DAOs, and Ethereum-native builders seeking access to Ethereum’s consensus and blockspace economy.

Jul 17 | CEPO – Cantor Equity Partners I Inc + BSTR, Holdings Inc.

ABOUT BSTR, Holdings Inc.
BSTR is being formed to catalyze the fusion of Bitcoin and capital markets. The Company’s mandate is to accumulate Bitcoin, generate in-kind Bitcoin yield, and advise corporates and sovereigns on Bitcoin-based treasury strategies — all while measuring success in Bitcoin per share.

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
9.96% ~ $ 12.26 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
2.14% ~ $ 12.42 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
1.33% ~ $ 10.66 | TACO – BERTO ACQUISITION CORP (Pre-Deal)
.90% ~ $ 11.25 | AFJK – AIMEI HEALTH TECHNOLOGY CO LTD (Announced)
.78% ~ $ 11.62 | TBMC – TRAILBLAZER MERGER CORP I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-7.10% ~ $ 8.64 | CHEB – CHENGHE ACQUISITION II CO (Announced)
-5.69% ~ $ 11.23 | DYNX – DYNAMIX CORP (Announced)
-2.38% ~ $ 11.90 | CEPO – CANTOR EQUITY PARTNERS I INC (Announced)
-1.92% ~ $ 28.15 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-1.72% ~ $ 10.86 | CCIR – COHEN CIRCLE ACQUISITION CORP I (Announced)

LATEST SPAC IPO PERFORMANCE
Jul 17 | $ 10.03 | PAII – Pyrophyte Acquisition Corp. II
Jul 16 | $ 10.06 | SOCA – Solarius Capital Acquisition Corp.
Jul 15 | $ 10.10 | SPEG – Silver Pegasus Acquisition Corp.
Jul 09 | $ 10.12 | GTER – Globa Terra Acquisition Corporation
Jul 02 | $ 10.10 | EVAC – EQV Ventures Acquisition Corp. II
Jul 02 | $ 10.47 | ONCH – 1RT Acquisition Corp.
Jul 02 | $ 10.04 | ORIQ – Origin Investment Corp I
Jul 02 | $ 10.01 | VNME – Vendome Acquisition Corp I
Jul 01 | $ 10.24 | CCII – Cohen Circle Aqusition Corp. II
Jul 01 | $ 10.05 | INAC – Indigo Acquisition Corp.
Jul 01 | $ 10.02 | NMP – NMP Acquisition Corp.
Jun 27 | $ 10.04 | FIGX – FIGX Capital Acquisition Corp.
Jun 27 | $ 11.01 | YORK – Yorkville Acquisition Corp.
Jun 25 | $ 10.06 | LWAC – LightWave Acquisition Corp.
Jun 25 | $ 10.02 | OBA – Oxley Bridge Acquisition

Recent Analysis

Daily SPAC Update – July 25, 2025

Haymaker IV, Keen Vision, and BlueRiver Shareholders Approve Extensions. SLAM Deal Termination. Cantor Equity Partners Media Blitz Continues. Inception Growth Adjourns.

Daily SPAC Update – July 21, 2025

Crypto + SPACs Continue as Ether Reserve + Dynamix (DYNX) Ether Deal Announced. Plum III Extension Approved. Goldenstone Fixes Incorrect Trust.

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