Daily SPAC Update – May 20, 2025

by | May 20, 2025

Integrated Rail & Resources Extends with $2.76M in Redemptions. Welsbach Technology / Evolution Metals Deal Vote Set & New Investor Deck. DT Cloud Acquisition Vote Postponed.

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SPAC VOTE RESULTS
IRRX – INTEGRATED RAIL & RESOURCES ACQUISITION CORP * Extend to Jul 15, 2025 * 207,559 redeemed * $2,764,686 removed * trust $13.32

SPAC DEAL & EXTENSION VOTES SET
WTMA – Welsbach Technology Metals Acquisition Corp * DEAL VOTE SET: Jun 26, 2025 * trust $11.32

OTHER SPAC NEWS
RENEF – CARTESIAN GROWTH CORP II * Auditor Change
WTMA – WELSBACH TECHNOLOGY METALS ACQUISITION CORP * Investor Deck
CHAR – CHARLTON ARIA ACQUISITION CORP * New Sponsor
DYCQ – DT CLOUD ACQUISITION CORP * Vote Postponed
DYCQ – DT CLOUD ACQUISITION CORP * Non-Redemption Agreement

NEW SPAC IPOs
May 16: CCCM – Columbus Circle Capital Corp. I $220M IPO
May 16: WENN – Wen Acquisition Corp $261M IPO (+underwriter overallotment: $39.15M)
May 15: TVAI – Thayer Ventures Acquisition Corp Ii $175M IPO
May 15: RTAC – Renatus Tactical Acquisition Corp I $210M IPO (+underwriter overallotment: $31.5M)
May 14: CCCX – Churchill Capital Corp X $360M IPO (+underwriter overallotment: $54M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
10.52% ~ $ 36.34 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
3.44% ~ $ 12.92 | CCIR – COHEN CIRCLE ACQUISITION CORP I (Announced)
2.06% ~ $ 13.39 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
1.81% ~ $ 13.49 | CLBR – COLOMBIER ACQUISITION CORP II (Announced)
1.00% ~ $ 12.15 | CEPO – CANTOR EQUITY PARTNERS I INC (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-2.36% ~ $ 11.18 | YOTA – YOTTA ACQUISITION CORP (Announced)
-2.17% ~ $ 12.40 | ISRL – ISRAEL ACQUISITIONS CORP (Announced)
-1.60% ~ $ 11.08 | CCIX – CHURCHILL CAPITAL CORP IX (Pre-Deal)
-1.34% ~ $ 11.75 | RENE – CARTESIAN GROWTH CORP II (Pre-Deal)
-1.11% ~ $ 10.67 | DYCQ – DT CLOUD ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
May 16 | $ 10.38 | WENN – WEN Acquisition Corp
May 16 | $ 10.11 | CCCM – Columbus Circle Capital Corp. I
May 15 | $ 11.63 | RTAC – Renatus Tactical Acquisition Corp I
May 15 | $ 10.06 | TVAI – Thayer Ventures Acquisition Corp II
May 14 | $ 10.40 | CCCX – Churchill Capital Corp X
May 13 | $ 10.18 | PMTR – Perimeter Acquisition Corp. I
May 09 | $ 10.08 | EGHA – EGH Acquisition Corp.
May 07 | $ 10.03 | IPOD – Dune Acquisition Corp II
May 02 | $ 10.02 | CGCT – Cartesian Growth Corp III
May 02 | $ 11.27 | CEPT – Cantor Equity Partners II, Inc.
May 02 | $ 10.20 | GTEN – Gores Holdings X, Inc.
May 01 | $ 10.27 | RDAG – Republic Digital Acquisition Co
May 01 | $ 10.02 | COPL – Copley Acquisition Corp
Apr 29 | $ 10.06 | LCCC – Lakeshore Acquisition III Corp.
Apr 29 | $ 10.23 | TACO – Berto Acquisition Corp
Apr 28 | $ 10.53 | DAAQ – Digital Asset Acquisition Corp.
Apr 28 | $ 10.07 | RAAQ – Real Asset Acquisition Corp.
Apr 24 | $ .00 | CHAC – Crane Harbor Acquisition Corp.
Apr 24 | $ 10.16 | IPCX – Inflection Point Acquisition Corp. III
Apr 23 | $ 10.08 | NPAC – New Providence Acquisition Corp. III
Apr 22 | $ 10.07 | TVA – Texas Ventures Acquisition III Corp

 

Recent Analysis

Daily SPAC Update – May 28, 2025

Two More SPAC IPOs. DT Cloud Acquistion Extension Fee Change Approved. Roth CH Acquisition + SharonAI Deal Deck. M3-Brigade V Gets New Sponsor.

Daily SPAC Update – May 27, 2025

Chenge Acquisition II Deal with Polibeli Group Approved but $88M Redeemed. Investcorp Europe + nexxbuild Deal Announced. ASPAC III Terminates with HDEducation and ReUps with Bioserica International.

Daily SPAC Update – May 23, 2025

Target Global Acquisition Deal Officially Terminated After Dispute. Bannix Deal with VisionWave Technologies Approved. Chenghe Acquisition II + Pollbeli Group Deal Vote. 

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