Daily SPAC Update – July 25, 2024

by | Jul 25, 2024

DTSQ $60M SPAC IPO. CVII Deal Vote. ASCB, CDAQ, XFIN Extensions Approved. YOTA Sets Extension Vote. AEI CapForce II Withdraws Registration. NFYS Trading Suspended; Moves to OTC

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Daily SPAC Update

SPAC IPO
Jul 24: DTSQ – Dt Cloud Star Acquisition Corp $60M IPO – trades July 25

MERGER VOTES
CVII + CorpAcq

SPAC VOTE RESULTS
ASCB – ASPAC II ACQUISITION CORP * Extend to Aug 05, 2025 * 1,608,417 redeemed
CDAQ – COMPASS DIGITAL ACQUISITION CORP * Extend to Dec 19, 2024 * 2,713,143 redeemed * trust $10.92
XFIN – EXCELFIN ACQUISITION CORP * Extend to Dec 25, 2024 * 705,330 redeemed

SPAC DEALS ANNOUNCED
Jul 24 | EMLD – Ftac Emerald Acquisition Corp * + Fold, Inc.
Jul 23 | TBMC – Trailblazer Merger Corp I * + Cyabra Strategy Ltd.

SPAC DEAL & EXTENSION VOTES SET
YOTA – Yotta Acquisition Corp * EXTENSION VOTE SET: Aug 16, 2024 * trust $11.22

OTHER SPAC NEWS
AEI CapForce II Investment Corp * Registration Withdrawn
NFYS – ENPHYS ACQUISITION CORP * Suspended Trading

YESTERDAY’S TOP SPAC GAINERS
23.33% ~ $ 11.47 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
3.19% ~ $ 9.70 | PLMI – Plum Acquisition Corp. I (Announced)
2.19% ~ $ 10.99 | EMLD – FTAC Emerald Acquisition Corp. (Announced)
1.87% ~ $ 12.53 | CLOE – Clover Leaf Capital Corp. (Announced)
1.58% ~ $ 10.92 | BLEU – bleuacacia ltd (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-13.47% ~ $ 12.01 | PTWO – Pono Capital Two, Inc. (Announced)
-9.94% ~ $ 16.21 | ADRT – Ault Disruptive Technologies Corp (Announced)
-9.28% ~ $ 6.94 | CETU – Cetus Capital Acquisition Corp. (Announced)
-6.08% ~ $ 11.73 | TRON – Corner Growth Acquisition Corp. 2 (Pre-Deal)
-4.06% ~ $ 11.10 | ARYD – ARYA Sciences Acquisition Corp IV (Announced)

 

Recent Analysis

Daily SPAC: GUAC, IDAC IPOs Add $400M in SPAC Capital – May 15, 2026

2 SPAC IPOs priced today, with Berto Acquisition Corp. II (GUAC) raising $250M and Iron Dome Acquisition I Corp (IDAC) raising $150M; IDAC funded trust at 100.5% of par. May MTD totals 9 IPOs / $1,425M through 15 days vs. 5 / $725M over the same span last month. Separately, RAAQ advanced its IQM merger with an F-4 filing.

Daily SPAC: SIMA, CAEP-Air Redemptions – May 14, 2026

SIM Acquisition I (SIMA) lost $242M from trust on its extension approval to Jul. 12, 2027, and Cantor Equity Partners III (CAEP) cleared its Air deal after $234M in redemptions. Separately, GSR V Acquisition (GSRV) priced a $200M IPO, taking May MTD to 7 SPAC IPOs / $1,025M through 14 days.

Daily SPAC: BREZ $125M IPO, GPAT Non-Redemption Agreements – May 13, 2026

GP-ACT III Acquisition (GPAT) disclosed non-redemption agreements tied to extension and trust-amendment votes, with investors pledging support and no redemptions alongside sponsor share transfers. Breeze Acquisition Corp. II (BREZ) priced a $125M IPO today with 100.2% initial trust funding; May MTD is 6 IPOs for $825M through 13 sessions vs. 2 IPOs / $350M at the same point last month.

Daily SPAC: CAEP Forward Purchase, AIR-Pubco – May 12, 2026

Cantor Equity Partners III (CAEP) announced a forward purchase with Harraden Circle to fund the CAEP-AIR-Pubco business combination. Columbus Acquisition (COLA) issued a convertible extension note to WISeSat.Space. MTD: 5 SPAC IPOs raised $700M through the first 12 sessions of May vs. 2 IPOs / $350M over the same span in April.

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