Daily SPAC Update – September 2, 2025

by | Sep 2, 2025

Ares Acquisition II Deal Vote Set. Athena Acquisition II Extension Set. New Investor Decks for Spring Valley II, Cantor Equity I. Vikas Mittal Takes Over at Investcorp AI Acquisition.

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Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
AACT – Ares Acquisition Corp II * DEAL VOTE SET: Sep 23, 2025 * trust $11.39
ATEK – Athena Technology Acquisition Corp II * EXTENSION VOTE SET: Sep 10, 2025 * trust $11.66

OTHER SPAC NEWS
SVII – SPRING VALLEY ACQUISITION CORP II * Investor Deck
CEPO – CANTOR EQUITY PARTNERS I INC * Investor Deck
IVCAF – INVESTCORP AI ACQUISITION CORP * New Sponsor
AACI – ARMADA ACQUISITION CORP II * New Sponsor
CEP – CANTOR EQUITY PARTNERS INC * Media Transcript

DeSPACs
Aug 29: Breeze Holdings DeSPACs to YD Biopharma Limited (DOBT)

SEPARATE WARRANTS/RIGHTS
Sep 03: NMP ACQUISITION CORP (NMP)
Aug 27: APARADISE ACQUISITION CORP (APAD)

NEW SPAC IPOs
Aug 27: MBVI – M3-Brigade Acquisition VI Corp. $300M IPO
Aug 27: KOYN – Cslm Digital Asset Acquisition Corp III, Ltd $200M IPO (+underwriter overallotment: $30M)
Aug 21: CEPF – Cantor Equity Partners IV, Inc. $400M IPO (+underwriter overallotment: $50M)

SPAC NON-RELIANCE 8-K
DMYY – Dmy Squared Technology Group Inc : Non-Reliance on Previously Issued Financials

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
2.62% ~ $ 12.67 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Pre-Deal)
.74% ~ $ 10.88 | ETHM – DYNAMIX CORP (Announced)
.61% ~ $ 11.63 | TBMC – TRAILBLAZER MERGER CORP I (Announced)
.59% ~ $ 10.29 | PCAP – PROCAP ACQUISITION CORP (Pre-Deal)
.57% ~ $ 10.56 | FSHP – FLAG SHIP ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-13.62% ~ $ 9.77 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
-9.84% ~ $ 11.00 | EMCG – EMBRACE CHANGE ACQUISITION CORP (Announced)
-6.20% ~ $ 10.28 | FACT – FACT II ACQUISITION CORP (Pre-Deal)
-1.58% ~ $ 23.03 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-1.29% ~ $ 11.50 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Announced)

LATEST SPAC IPO PERFORMANCE
Aug 27 | $ 10.06 | KOYN – CSLM Digital Asset Acquisition Corp III, Ltd
Aug 27 | $ 10.01 | MBVI – M3-Brigade Acquisition VI Corp.
Aug 21 | $ 10.14 | CEPF – Cantor Equity Partners IV, Inc.
Aug 12 | $ 10.06 | HVMC – Highview Merger Corp.
Aug 12 | $ 9.98 | MKLY – McKinley Acquisition Corp
Aug 08 | $ 10.04 | SSEA – STARRY SEA ACQUISITION CORP
Aug 05 | $ 10.05 | QUMS – Quantumsphere Acquisition Corp

Recent Analysis

Elliott Pushes for Change at PepsiCo – And Why Boardroom Alpha Agrees

Elliott takes a $4B stake in PepsiCo, pushing for change. Boardroom Alpha analysis shows lagging TSR, governance red flags, insider selling, and weak board ratings. Our vote guidance calls for multiple ‘AGAINST’ votes, echoing Elliott’s recent wins at HPE, Honeywell, and Phillips 66.

Daily SPAC Update – August 29, 2025

Breeze DeSPACs to YD BioPharma. New Sponsor/Team at Armada Acquisition II. NMP Acquisition Separate Trading. Cantor / BSTR Release New Investor Deck.

Daily SPAC Update – August 28, 2025

Meteora’s Vikas Mittal files for Bitcoin Infrastructure Acquisition $200M IPO. DT Cloud Acquisition Extension Approved. Corner Growth Asking Shareholders to Approve Capital Increase.

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