Daily SPAC Update – September 11, 2025

by | Sep 11, 2025

Southport Acquisition DeSPACs to Angel Studios (ANGX). IB Acquisition Sets Extension Vote. Alchemy Investments Extension Approved. Alphavest + AMC Corporation Deal Approved. Pelican Deal Announced.

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Daily SPAC Update

DeSPACs
Sep 11: PORT DeSPAC to Angel Studios (ANGX)

SPAC DEAL & EXTENSION VOTES SET
IBAC – IB Acquisition Corp * EXTENSION VOTE SET: Sep 22, 2025 * trust $10.59

SPAC VOTE RESULTS
ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 * Extend to Sep 09, 2026 * 324,420 redeemed * $3,789,226 removed * trust $11.68
ATMV – ALPHAVEST ACQUISITION CORP * Deal Approved with AMC Corporation * 1,527,771 redeemed * $18,272,141 removed * trust $11.96

SPAC DEALS ANNOUNCED
Sep 10 | PELI – Pelican Acquisition Corp + Greenland Exploration Limited / March GL Company

ABOUT Greenland Exploration Limited / March GL Company
About Greenland Exploration Limited Greenland Exploration Limited is a Texas-based entity focused on developing strategic positions in North American energy assets. Through its partnerships and future acquisitions, Greenland aims to deliver long-term shareholder value in a dynamic and evolving energy market. About March GL Company March GL Company, a privately-owned Texas Corporation, entered into an agreement with 80 Mile for drilling to commence at the Jameson oil and gas basin in Greenland. March GL will fund 100% of the costs associated with up to two exploration wells which are designed to delineate the sedimentary structure and energy potential of the Jameson Land Basin. In return, March GL will earn through 80 Mile’s subsidiary company up to 70% interest of the entire basin. March GL Company will be appointed as Field Operations Manager. More information is available on its website www.MarchGL.com.

Sep 09 | DMYY – Dmy Squared Technology Group Inc + Horizon Quantum

ABOUT Horizon Quantum
Horizon Quantum is developing a hardware-agnostic software platform that bridges the gaps between quantum hardware and applications. This platform makes quantum computing accessible to virtually any software developer, by removing the need for deep quantum expertise to develop applications and unleashing quantum’s potential. Horizon Quantum was founded by Dr. Joe Fitzsimons in 2018, a former professor with two decades of experience in quantum computing and computational complexity theory. Horizon Quantum’s leadership team also includes Dr. Si-Hui Tan, Chief Science Officer, who holds a Ph.D. in Physics from MIT and has been actively involved in quantum research for the same period.

SEPARATE WARRANTS/RIGHTS
Sep 12: 1RT ACQUISITION CORP (ONCH)
Sep 09: ORIGIN INVESTMENT CORP I (ORIQ)
Sep 08: SILVER PEGASUS ACQUISITION CORP (SPEG)
Sep 08: PYROPHYTE ACQUISITION CORP II (PAII)

SPAC DEAL TERMINATIONS (Last 10 Days)
2025-09-09: AFAR + Allrites Holdings

OTHER SPAC NEWS
PELI – PELICAN ACQUISITION CORP * Merger Agreement
TLGYF – TLGY ACQUISITION CORP * Podcast Transcript

NEW SPAC IPOs
Sep 10: BLZR – Trailblazer Acquisition Corp. $240M IPO
Sep 09: TLNC – Talon Capital Corp. $225M IPO
Sep 04: GSRF – Gsr Iv Acquisition Corp. $200M IPO (+underwriter overallotment: $30M)
Sep 04: SVAC – Spring Valley Acquisition Corp. Iii $200M IPO (+underwriter overallotment: $30M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
1.74% ~ $ 11.71 | HOND – HCM II ACQUISITION CORP (Announced)
.70% ~ $ 12.95 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Announced)
.51% ~ $ 11.93 | ATMC – ALPHATIME ACQUISITION CORP (Announced)
.48% ~ $ 10.43 | CAPN – CAYSON ACQUISITION CORP (Announced)
.47% ~ $ 10.58 | ALF – CENTURION ACQUISITION CORP (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-25.01% ~ $ 12.71 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
-9.84% ~ $ 11.00 | EMCG – EMBRACE CHANGE ACQUISITION CORP (Announced)
-1.87% ~ $ 9.96 | SPEG – SILVER PEGASUS ACQUISITION CORP (Pre-Deal)
-.82% ~ $ 9.73 | CHEB – POLIBELI GROUP LTD (Announced)
-.70% ~ $ 10.00 | ORIQ – ORIGIN INVESTMENT CORP I (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Sep 10 | $ .00 | BLZR – Trailblazer Acquisition Corp.
Sep 09 | $ .00 | TLNC – Talon Capital Corp.
Sep 04 | $ 10.07 | GSRF – GSR IV Acquisition Corp.
Sep 04 | $ 10.04 | SVAC – Spring Valley Acquisition Corp. III
Aug 27 | $ 10.01 | MBVI – M3-Brigade Acquisition VI Corp.
Aug 27 | $ 10.03 | KOYN – CSLM Digital Asset Acquisition Corp III, Ltd
Aug 21 | $ 10.11 | CEPF – Cantor Equity Partners IV, Inc.
Aug 12 | $ 10.08 | HVMC – Highview Merger Corp.
Aug 12 | $ 9.99 | MKLY – McKinley Acquisition Corp

Recent Analysis

Daily SPAC Update – September 10, 2025

Trailblazer IPOs for $240M. AFAR + Allrites Deal Terminated. Athena Technology II Extension Vote. IB Acquisition, Newbury Street, and Alphatime Set Extension Votes. 

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