Cantor Equity Partners / Tether Purchase $458 million in Bitcoin. Churchill Capital X Upsized IPO of $360 million. Black Spade II Deal Deck.
Boardroom Alpha SPAC Resources
– Full SPAC Listing
– SPAC SEC Filings
– Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)
Daily SPAC Update
CANTOR EQUITY PARTNERS / TETHER BUY BITCOIN
Cantor Equity Partners (CEP) and Tether announced that, as part of their SPAC deal, Tether purchased 4,812.22 Bitcoin (valued at $458.7M, or ~$95,320 per BTC) using expected PIPE proceeds. The Bitcoin is held in a designated wallet and will be sold to the post-combination entity at closing. As of the this writing, their Bitcoin investment now up over $500M.
See the CEP / Tether Bitcoin Wallet here: https://www.blockchain.com/explorer/addresses/btc/bc1qzup4k7zn9jur7a8kz0dnaernzyf60h8ez6s9cpmp23wfw5djhvusd4p0v3
OTHER SPAC NEWS
BSII – BLACK SPADE ACQUISITION II CO * Investor Deck
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.
NEW SPAC IPOs
May 14: CCCX – Churchill Capital Corp X $360M IPO
May 13: PMTR – Perimeter Acquisition Corp. I $210M IPO
May 09: EGHA – Egh Acquisition Corp. $150M IPO
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 13 | PMTR – Perimeter Acquisition Corp. I
May 09 | $ 10.03 | EGHA – EGH Acquisition Corp.
May 07 | $ 10.02 | IPOD – Dune Acquisition Corp II
May 02 | $ 10.02 | CGCT – Cartesian Growth Corp III
May 02 | $ 11.30 | CEPT – Cantor Equity Partners II, Inc.
May 02 | $ 10.15 | GTEN – Gores Holdings X, Inc.
May 01 | $ 10.16 | RDAG – Republic Digital Acquisition Co
May 01 | $ 10.01 | COPL – Copley Acquisition Corp
Apr 29 | $ 10.05 | LCCC – Lakeshore Acquisition III Corp.
Apr 29 | $ 10.21 | TACO – Berto Acquisition Corp
Apr 28 | $ 10.39 | DAAQ – Digital Asset Acquisition Corp.
Apr 28 | $ 10.06 | RAAQ – Real Asset Acquisition Corp.
Apr 24 | $ 10.01 | CHAC – Crane Harbor Acquisition Corp.
Apr 24 | $ 10.14 | IPCX – Inflection Point Acquisition Corp. III
Apr 23 | $ 10.08 | NPAC – New Providence Acquisition Corp. III
Apr 22 | $ 10.03 | TVA – Texas Ventures Acquisition III Corp