Daily SPAC Update – May 13, 2025

by | May 13, 2025

Horizon Space Acquisition II + SL Bio Deal Announced. Finnovate and Aquaron Extensions Approved. Perimeter Acquisition $210 million IPO. Integrated Rail & Resources Extension Vote.

Boardroom Alpha SPAC Resources
Full SPAC Listing
SPAC SEC Filings
Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)

Daily SPAC Update

SPAC VOTE RESULTS
FNVTF – FINNOVATE ACQUISITION CORP * Extend to Nov 08, 2025 * 742,834 redeemed * $9,047,718.12 removed * trust $12.18
AQU – AQUARON ACQUISITION CORP * Extend to May 06, 2026 * 697,365 redeemed * $8,180,091.45 removed * trust $11.73

SPAC DEALS ANNOUNCED
May 12 | HSPT – Horizon Space Acquisition Ii Corp + SL Bio Ltd.

ABOUT SL Bio Ltd.
SL Bio is a biomedical company focused on developing innovative cellular and gene therapies for cancer treatment and regenerative medicine. Leveraging proprietary technologies and strategic partnerships, the company is advancing next-generation immunotherapies and exosome-based products for both medical and consumer applications. SL Bio’s approach combines scientific expertise with a commitment to improving patient outcomes and addressing unmet needs in healthcare. SL Bio also offers ISO-certified, dermatologically tested cow milk-derived exosome-based products and plant extract products for skin and hair care, with commercial distribution in Asia.

EXTENSION VOTES
IRRX – INTEGRATED RAIL & RESOURCES ACQUISITION CORP * vote May 13, 2025 -> extend to July 15, 2025

SPAC DEAL & EXTENSION VOTES SET
IGTA – Inception Growth Acquisition Ltd * EXTENSION VOTE SET: Jun 05, 2025 * trust $13.18
BAYA – Bayview Acquisition Corp * EXTENSION VOTE SET: Jun 12, 2025 * trust $10.97

OTHER SPAC NEWS
RRAC – RIGEL RESOURCE ACQUISITION CORP * Auditor Change
ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 * Non-Binding LOI

NEW SPAC IPOs
May 13: PMTR – Perimeter Acquisition Corp. I $210M IPO
May 09: EGHA – Egh Acquisition Corp. $150M IPO
May 07: IPOD – Dune Acquisition Corp Ii $125M IPO (+underwriter overallotment: $18.75M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
4.75% ~ $ 12.78 | CEPO – CANTOR EQUITY PARTNERS I INC (Pre-Deal)
3.41% ~ $ 12.60 | CCIR – COHEN CIRCLE ACQUISITION CORP I (Announced)
2.30% ~ $ 12.00 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Pre-Deal)
1.35% ~ $ 11.26 | CEPT – CANTOR EQUITY PARTNERS II INC (Pre-Deal)
1.28% ~ $ 11.85 | BOWN – BOWEN ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-10.95% ~ $ 28.06 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-5.93% ~ $ 11.43 | DECA – DENALI CAPITAL ACQUISITION CORP (Announced)
-2.36% ~ $ 11.18 | YOTA – YOTTA ACQUISITION CORP (Announced)
-1.94% ~ $ 14.12 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
-1.34% ~ $ 11.75 | RENE – CARTESIAN GROWTH CORP II (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
May 09 | $ 10.03 | EGHA – EGH Acquisition Corp.
May 07 | $ 10.02 | IPOD – Dune Acquisition Corp II
May 02 | $ 10.01 | CGCT – Cartesian Growth Corp III
May 02 | $ 11.26 | CEPT – Cantor Equity Partners II, Inc.
May 02 | $ 10.14 | GTEN – Gores Holdings X, Inc.
May 01 | $ 10.18 | RDAG – Republic Digital Acquisition Co
May 01 | $ 10.01 | COPL – Copley Acquisition Corp
Apr 29 | $ 10.06 | LCCC – Lakeshore Acquisition III Corp.
Apr 29 | $ 10.22 | TACO – Berto Acquisition Corp
Apr 28 | $ 10.40 | DAAQ – Digital Asset Acquisition Corp.
Apr 28 | $ 10.06 | RAAQ – Real Asset Acquisition Corp.
Apr 24 | $ 10.02 | CHAC – Crane Harbor Acquisition Corp.
Apr 24 | $ 10.13 | IPCX – Inflection Point Acquisition Corp. III
Apr 23 | $ 10.05 | NPAC – New Providence Acquisition Corp. III
Apr 22 | $ 10.02 | TVA – Texas Ventures Acquisition III Corp

 

 

 

 

Recent Analysis

Daily SPAC Update – May 10, 2025

Goal Acquisition and CrownProptech Acquisition Extensions Approved. Investcorp AI Extension Vote Today. BSII, BNIX, IGTA Deal/Extension Votes Set. RENE Delisting.

Daily SPAC Update – May 9, 2025

EGH Acquisition $150M SPAC IPO. Mountain & Co Extension Vote. ClimateRock Extends with $25M Redeemed. Buja DeSPACs to Global IBO (GIBO).

Daily SPAC Update – May 7, 2025

Dune Acquisition II $125M SPAC IPO. Distoken and Winvest Deal Vote Delays. DT Cloud Sets Date to Vote on Extension Fee Changes. Healthcare AI Extension Approved w/ $3M Redeemed.

Daily SPAC Update – May 6, 2025

May Starts Hot for SPAC IPOs. Hennessy Capital VI + Namib Minerals Deal Vote. Alpha Star + OU XData Group Approved. Investcorp AI to OTC.

Subscribe to Boardroom Alpha Newsletters

Subscribe to Boardroom Alpha's research to receive the latest on governance, SPACs, and people.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.