Daily SPAC Update – September 24, 2025

by | Sep 24, 2025

Alphavest Acquisition Extends. Ares Acquisition II + Kodiak Robotics Deal Approved. Newbury Street Extension Vote Today.

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Daily SPAC Update

SPAC VOTE RESULTS
ATMV – ALPHAVEST ACQUISITION CORP * Extend to Jan 22, 2026 * 1,937 redeemed * $23,283 removed * trust $12.02
AACT – ARES ACQUISITION CORP II * Deal Approved with Kodiak Robotics, Inc.

EXTENSION VOTES
NBST – NEWBURY STREET ACQUISITION CORP * vote September 24, 2025 -> September 25, 2025 to March 25, 2026

SPAC DEAL & EXTENSION VOTES SET
IXAQF – Ix Acquisition Corp * EXTENSION VOTE SET: Oct 08, 2025 * trust $12.31

OTHER SPAC NEWS
AACT – ARES ACQUISITION CORP II * Redemption Update * 43,866,808 redeemed * trust $11.45
AACT – ARES ACQUISITION CORP II * PIPE Update
TLGYF – TLGY ACQUISITION CORP * Podcast Transcript

SPAC LIQUIDATIONS
Patria Acquisition Corp. (PLAO)-> Liquidation on Sep 26

SEPARATE WARRANTS/RIGHTS
Sep 22: HCM III ACQUISITION CORP (HCMA)

NEW SPAC IPOs
Sep 19: LATA – Galata Acquisition Corp. Ii $150M IPO
Sep 16: CHECU – Chenghe Acquisition Iii $110M IPO (+underwriter overallotment: $16.5M)

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
13.20% ~ $ 15.78 | HOND – HCM II ACQUISITION CORP (Announced)
3.75% ~ $ 12.44 | WLAC – WILLOW LANE ACQUISITION CORP (Announced)
2.92% ~ $ 12.67 | CCCX – CHURCHILL CAPITAL CORP X (Announced)
1.42% ~ $ 11.39 | HYAC – HAYMAKER ACQUISITION CORP 4 (Pre-Deal)
1.23% ~ $ 10.74 | GSRT – GSR III ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-22.11% ~ $ 8.88 | AACT – ARES ACQUISITION CORP II (Announced)
-8.93% ~ $ 18.50 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
-2.65% ~ $ 12.32 | ISRL – ISRAEL ACQUISITIONS CORP (Announced)
-2.40% ~ $ 11.39 | ESHA – ESH ACQUISITION CORP (Announced)
-1.89% ~ $ 10.10 | HCMA – HCM III ACQUISITION CORP (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Sep 19 | $ 10.00 | LATA – Galata Acquisition Corp. II
Sep 16 | $ 9.99 | CHECU – Chenghe Acquisition III
Sep 12 | $ 10.06 | OTGA – OTG Acquisition Corp. I
Sep 10 | $ 10.08 | BLZR – Trailblazer Acquisition Corp.
Sep 09 | $ 10.05 | TLNC – Talon Capital Corp.
Sep 04 | $ 10.19 | SVAC – Spring Valley Acquisition Corp. III
Sep 04 | $ 10.18 | GSRF – GSR IV Acquisition Corp.
Aug 27 | $ 10.10 | MBVI – M3-Brigade Acquisition VI Corp.
Aug 27 | $ 10.12 | KOYN – CSLM Digital Asset Acquisition Corp III, Ltd

Recent Analysis

Daily SPAC Update – September 25, 2025

Emmis Acquisition and Drugs Made in America II SPAC IPOs Make it Almost 100 for 2025. Kodiak Robotics / Ares DeSPACs. Yorkville Takes Over Sponsorship of Texas Ventures III.

Executive Moves Update – September 19, 2025

Struggling Crown Castle names Christian Hillabrant CEO, Dexcom appoints interim leaders, Canopy Growth installs CFO amid losses, Bank of America strengthens leadership team. See this week’s key executive moves.

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