Daily SPAC Update – May 22, 2025

by | May 22, 2025

Oyster Enterprises II $220M Upsized SPAC IPO. Bannix + VisionWave Technologies Deal Vote. UY Scuti Separate Trading Announced.

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MERGER VOTES
BNIX – Bannix Acquisition Corp VisionWave Technologies Inc.

SEPARATE WARRANTS/RIGHTS
May 27: UY SCUTI ACQUISITION CORP (UYSC)
May 23: SIZZLE ACQUISITION CORP II (SZZL)

OTHER SPAC NEWS
IRRX – INTEGRATED RAIL & RESOURCES ACQUISITION CORP * Investor Deck

NEW SPAC IPOs
May 22: OYSE – Oyster Enterprises Ii Acquisition Corp $220M IPO
May 21: AACI – Armada Acquisition Corp. Ii $200M IPO
May 21: PCAP – Procap Acquisition Corp $220M IPO
May 16: CCCM – Columbus Circle Capital Corp. I $220M IPO (+underwriter overallotment: $30M)
May 16: WENN – Wen Acquisition Corp $261M IPO (+underwriter overallotment: $39.15M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
3.00% ~ $ 10.66 | CHEB – CHENGHE ACQUISITION II CO (Announced)
2.73% ~ $ 13.56 | CLBR – COLOMBIER ACQUISITION CORP II (Announced)
1.59% ~ $ 12.11 | CEPO – CANTOR EQUITY PARTNERS I INC (Pre-Deal)
.65% ~ $ 11.71 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
.51% ~ $ 11.88 | TBMC – TRAILBLAZER MERGER CORP I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-9.50% ~ $ 43.06 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-2.36% ~ $ 11.18 | YOTA – YOTTA ACQUISITION CORP (Announced)
-1.34% ~ $ 11.75 | RENE – CARTESIAN GROWTH CORP II (Pre-Deal)
-.80% ~ $ 11.21 | CEPT – CANTOR EQUITY PARTNERS II INC (Pre-Deal)
-.74% ~ $ 12.00 | IVCA – INVESTCORP AI ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
May 21 | PCAP – ProCap Acquisition Corp
May 21 | AACI – Armada Acquisition Corp. II
May 16 | $ 10.12 | CCCM – Columbus Circle Capital Corp. I
May 16 | $ 10.39 | WENN – WEN Acquisition Corp
May 15 | $ 10.06 | TVAI – Thayer Ventures Acquisition Corp II
May 15 | $ 11.45 | RTAC – Renatus Tactical Acquisition Corp I
May 14 | $ 10.39 | CCCX – Churchill Capital Corp X
May 13 | $ 10.14 | PMTR – Perimeter Acquisition Corp. I
May 09 | $ 10.09 | EGHA – EGH Acquisition Corp.
May 07 | $ 10.04 | IPOD – Dune Acquisition Corp II
May 02 | $ 11.21 | CEPT – Cantor Equity Partners II, Inc.
May 02 | $ 10.02 | CGCT – Cartesian Growth Corp III
May 02 | $ 10.17 | GTEN – Gores Holdings X, Inc.
May 01 | $ 10.23 | RDAG – Republic Digital Acquisition Co
May 01 | $ 10.03 | COPL – Copley Acquisition Corp
Apr 29 | $ 10.06 | LCCC – Lakeshore Acquisition III Corp.
Apr 29 | $ 10.21 | TACO – Berto Acquisition Corp
Apr 28 | $ 10.41 | DAAQ – Digital Asset Acquisition Corp.
Apr 28 | $ 10.08 | RAAQ – Real Asset Acquisition Corp.
Apr 24 | $ 10.14 | CHAC – Crane Harbor Acquisition Corp.
Apr 24 | $ 10.19 | IPCX – Inflection Point Acquisition Corp. III
Apr 23 | $ 10.06 | NPAC – New Providence Acquisition Corp. III
Apr 22 | $ 10.08 | 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. 

Daily SPAC Update – May 21, 2025

Two More SPAC IPOs: Armada II $220M and ProCap Acquisition $200M. GlobalLink Investment Extension Vote Set. Welsbach / Evolution Metals Investor Deck. 

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