Daily SPAC Update – March 3, 2025

by | Mar 3, 2025

Rigel Resource (RRAC) Deal + Aurus Deal Approved. Maywood Acquisition (MAYA) Separate Trading.

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Daily SPAC Update

SPAC VOTE RESULTS
RRAC – RIGEL RESOURCE ACQUISITION CORP * Deal Approved * 6,369,522 redeemed

SEPARATE WARRANTS/RIGHTS
Mar 07: MAYWOOD ACQUISITION CORP (MAYA)

SPAC DEALS ANNOUNCED
Feb 28 | HLXB – Helix Acquisition Corp Ii + BridgeBio Oncology Therapeutics

ABOUT BridgeBio Oncology Therapeutics
BridgeBio Oncology Therapeutics (BBOT) is a clinical-stage biopharmaceutical company advancing a next-generation pipeline of novel small molecule therapeutics targeting RAS and PI3Kα malignancies. Initially formed as a subsidiary of BridgeBio Pharma, Inc. (Nasdaq: BBIO), BBOT has the goal of improving outcomes for patients with cancers driven by the two most prevalent oncogenes in human tumors. For more information, visit bridgebiooncology.com.

YESTERDAY’S TOP SPAC GAINERS
2.31% ~ $ 11.05 | HLXB – HELIX ACQUISITION CORP II (Announced)
2.04% ~ $ 10.99 | ESHA – ESH ACQUISITION CORP (Pre-Deal)
.63% ~ $ 11.13 | IPXX – INFLECTION POINT ACQUISITION CORP II (Announced)
.40% ~ $ 10.16 | VACH – VOYAGER ACQUISITION CORP (Pre-Deal)
.39% ~ $ 10.17 | LPAA – LAUNCH ONE ACQUISITION CORP (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-22.37% ~ $ 6.02 | GLST – GLOBAL STAR ACQUISITION INC (Announced)
-3.90% ~ $ 3.94 | BOWN – BOWEN ACQUISITION CORP (Announced)
-2.63% ~ $ 11.10 | CCIR – COHEN CIRCLE ACQUISITION CORP I (Pre-Deal)
-1.32% ~ $ 11.25 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
-1.23% ~ $ 12.00 | MSSA – METAL SKY STAR ACQUISITION CORP (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Feb 27 | $10.02 | NHIC – NewHold Investment Corp. III
Feb 27 | $10.02 | FERA – Fifth Era Acquisition Corp I
Feb 26 | $10.03 | RAC – Rithm Acquisition Corp.
Feb 12 | $ 10.04 | AACB – Artius II Acquisition Inc.
Feb 12 | $ 10.09 | MAYA – Maywood Acquisition Corp.
Feb 10 | $ 10.06 | ATII – Archimedes Tech SPAC Partners II Co.
Feb 06 | $ 10.02 | KFII – K GROWTH ACQUISITION CORP. II

Recent Analysis

Daily SPAC Update – March 25, 2025

Newbury Street and DT Cloud Extend with $5.7M and $20M in Redemptions. Compass Digital Extension Vote Set. Concord Gets New Auditor. Winvest Delisting.

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