Daily SPAC Update – September 12, 2025

by | Sep 12, 2025

OTG Acquisition $200M IPO. Kingstown’s Blitzer Takes Over Maywood Acquisition. Aura Fat Project Extension Vote. 1RT Acquisition Separate Trading.

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Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
AFAR – Aura Fat Projects Acquisition Corp * EXTENSION VOTE SET: Oct 06, 2025 * trust $11.84

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

SEPARATE WARRANTS/RIGHTS
Sep 12: 1RT ACQUISITION CORP (ONCH)
Sep 09: ORIGIN INVESTMENT CORP I (ORIQ)

OTHER SPAC NEWS
MAYA – MAYWOOD ACQUISITION CORP * New Sponsor
BRR – COLUMBUS CIRCLE CAPITAL CORP I * Podcast Transcript

NEW SPAC IPOs
Sep 12: OTGA – Otg Acquisition Corp. I $200M IPO
Sep 10: BLZR – Trailblazer Acquisition Corp. $240M IPO (+underwriter overallotment: $35M)
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
10.15% ~ $ 14.00 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
9.87% ~ $ 21.70 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
7.10% ~ $ 13.87 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Announced)
1.99% ~ $ 11.56 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Announced)
1.20% ~ $ 11.85 | HOND – HCM II ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-9.84% ~ $ 11.00 | EMCG – EMBRACE CHANGE ACQUISITION CORP (Announced)
-2.57% ~ $ 9.48 | CHEB – POLIBELI GROUP LTD (Announced)
-2.07% ~ $ 11.36 | ESHA – ESH ACQUISITION CORP (Pre-Deal)
-.88% ~ $ 10.16 | PMTR – PERIMETER ACQUISITION CORP I (Pre-Deal)
-.45% ~ $ 10.95 | SPKL – SPARK I ACQUISITION CORP (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Sep 10 | BLZR – Trailblazer Acquisition Corp.
Sep 09 | TLNC – Talon Capital Corp.
Sep 04 | $ 10.04 | SVAC – Spring Valley Acquisition Corp. III
Sep 04 | $ 10.08 | GSRF – GSR IV Acquisition Corp.
Aug 27 | $ 10.01 | MBVI – M3-Brigade Acquisition VI Corp.
Aug 27 | $ 10.05 | KOYN – CSLM Digital Asset Acquisition Corp III, Ltd
Aug 21 | $ 10.16 | CEPF – Cantor Equity Partners IV, Inc.

Recent Analysis

Daily SPAC: GUAC, IDAC IPOs Add $400M in SPAC Capital – May 15, 2026

2 SPAC IPOs priced today, with Berto Acquisition Corp. II (GUAC) raising $250M and Iron Dome Acquisition I Corp (IDAC) raising $150M; IDAC funded trust at 100.5% of par. May MTD totals 9 IPOs / $1,425M through 15 days vs. 5 / $725M over the same span last month. Separately, RAAQ advanced its IQM merger with an F-4 filing.

Daily SPAC: SIMA, CAEP-Air Redemptions – May 14, 2026

SIM Acquisition I (SIMA) lost $242M from trust on its extension approval to Jul. 12, 2027, and Cantor Equity Partners III (CAEP) cleared its Air deal after $234M in redemptions. Separately, GSR V Acquisition (GSRV) priced a $200M IPO, taking May MTD to 7 SPAC IPOs / $1,025M through 14 days.

Daily SPAC: BREZ $125M IPO, GPAT Non-Redemption Agreements – May 13, 2026

GP-ACT III Acquisition (GPAT) disclosed non-redemption agreements tied to extension and trust-amendment votes, with investors pledging support and no redemptions alongside sponsor share transfers. Breeze Acquisition Corp. II (BREZ) priced a $125M IPO today with 100.2% initial trust funding; May MTD is 6 IPOs for $825M through 13 sessions vs. 2 IPOs / $350M at the same point last month.

Daily SPAC: CAEP Forward Purchase, AIR-Pubco – May 12, 2026

Cantor Equity Partners III (CAEP) announced a forward purchase with Harraden Circle to fund the CAEP-AIR-Pubco business combination. Columbus Acquisition (COLA) issued a convertible extension note to WISeSat.Space. MTD: 5 SPAC IPOs raised $700M through the first 12 sessions of May vs. 2 IPOs / $350M over the same span in April.

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