Daily SPAC Update – March 6, 2025

Perception Capital + Blue Gold Holdings Deal Vote

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Daily SPAC Update

MERGER VOTES
RCFAF – Perception Capital Corp Iv + Blue Gold Holdings Limited
Blue Gold is a newly-formed company incorporated in the United Kingdom, with the intent to acquire Tier 1 gold mining assets. Blue Gold’s initial activities will be focused on the Ashanti gold belt located in Ghana.

OTHER SPAC NEWS
RACY – RELATIVITY ACQUISITION CORP * Merger Agreement

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

YESTERDAY’S TOP SPAC GAINERS
14.72% ~ $ 5.93 | GLST – GLOBAL STAR ACQUISITION INC (Announced)
4.34% ~ $ 4.57 | BOWN – BOWEN ACQUISITION CORP (Announced)
2.35% ~ $ 11.31 | CCIR – COHEN CIRCLE ACQUISITION CORP I (Pre-Deal)
2.28% ~ $ 12.13 | CLRC – CLIMATEROCK (Announced)
.77% ~ $ 11.75 | AQU – AQUARON ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-1.16% ~ $ 11.07 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Pre-Deal)
-1.16% ~ $ 11.95 | EVGR – EVERGREEN CORP (Announced)
-.96% ~ $ 11.40 | FTII – FUTURETECH II ACQUISITION CORP (Announced)
-.61% ~ $ 11.48 | GDST – GOLDENSTONE ACQUISITION LTD (Announced)
-.45% ~ $ 11.05 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Feb 27 | $ 10.03 | LOKV – Live Oak Acquisition Corp. V
Feb 27 | $ 10.03 | NHIC – NewHold Investment Corp. III
Feb 27 | $ 10.01 | FERA – Fifth Era Acquisition Corp I
Feb 26 | $ .00 | RAC – Rithm Acquisition Corp.
Feb 12 | $ 10.03 | AACB – Artius II Acquisition Inc.
Feb 12 | $ 10.14 | MAYA – Maywood Acquisition Corp.
Feb 10 | $ 10.06 | ATII – Archimedes Tech SPAC Partners II Co.
Feb 06 | $ 10.01 | KFII – K GROWTH ACQUISITION CORP. II

 

Recent Analysis

Daily SPAC: VACI-NorthStar, AIIR – May 18, 2026

Viking Acquisition Corp I (VACI) amended its NorthStar merger agreement, revising redemption timing and closing steps and clarifying tax treatment. Separately, CAEP completed its Air DeSPAC as AIIR. May MTD reached 11 SPAC IPOs / $1,775M through 18 days vs. 6 / $785M over the same span last month.

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.

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