Daily SPAC Update – April 16, 2025

by | Apr 16, 2025

Denali Capital Extension Approved. Compass Digital and Technology & Telecommunications Extension Votes Today. Pyrophyte Sets Extension Vote. Newhold III Separate Trading.

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Daily SPAC Update

SPAC VOTE RESULTS
DECA – DENALI CAPITAL ACQUISITION CORP * Extend to Dec 11, 2025 * 708,098 redeemed * $8,617,552.66 removed * trust $12.17

EXTENSION VOTES
CDAQ – COMPASS DIGITAL ACQUISITION CORP * extend April 19, 2025 to April 20, 2026
TETEF – TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP * extend from April 20, 2025 to July 20, 2025

SPAC DEAL & EXTENSION VOTES SET
PHYTF – Pyrophyte Acquisition Corp * EXTENSION VOTE SET: Apr 25, 2025 * trust $11.93

SEPARATE WARRANTS/RIGHTS
Apr 17: NEWHOLD INVESTMENT CORP III (NHIC)

OTHER SPAC NEWS
AEAE – ALTENERGY ACQUISITION CORP * Auditor Resigned
TBMC – TRAILBLAZER MERGER CORP I * Investor Deck
INTE – INTEGRAL ACQUISITION CORP 1 * Merger Agreement Amendment
HCVI – HENNESSY CAPITAL INVESTMENT CORP VI * Merger Agreement Amendment
HCVI – HENNESSY CAPITAL INVESTMENT CORP VI * Merger Agreement Amendment
TETEF – TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP * Non-Redemption Agreement

SPAC LIQUIDATIONS
Global Blockchain Acquisition Corp. (GBBK)-> Liquidation on Apr 13

SPAC DEALS ANNOUNCED
Apr 14 | AACT – Ares Acquisition Corp Ii + Kodiak Robotics, Inc.

ABOUT Kodiak Robotics, Inc.

Kodiak Robotics, Inc. was founded in 2018 and has become a leader in autonomous ground transportation committed to a safer and more efficient future for all. The company has developed an artificial intelligence (AI) powered technology stack purpose-built for commercial trucking and the public sector. The company delivers freight daily for its customers across the southern United States using its autonomous technology. In 2024, Kodiak became the first known company to publicly announce delivering a driverless semi-truck to a customer. Kodiak is also leveraging its commercial self-driving software to develop, test and deploy autonomous capabilities for the U.S. Department of Defense.

SPAC DEAL TERMINATIONS (Last 10 Days)
2025-04-10: ANSC + Australian Food and Agriculture Company Limited
2025-04-07: CBRG + Phytanix Bio

YESTERDAY’S TOP SPAC GAINERS
7.56% ~ $ 11.67 | HCVI – HENNESSY CAPITAL INVESTMENT CORP VI (Announced)
6.33% ~ $ 7.68 | BOWN – BOWEN ACQUISITION CORP (Announced)
1.76% ~ $ 11.00 | ESHA – ESH ACQUISITION CORP (Pre-Deal)
1.47% ~ $ 10.38 | PCSC – PERCEPTIVE CAPITAL SOLUTIONS CORP (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-9.95% ~ $ 11.50 | MSSA – METAL SKY STAR ACQUISITION CORP (Pre-Deal)
-5.93% ~ $ 11.43 | DECA – DENALI CAPITAL ACQUISITION CORP (Announced)
-3.52% ~ $ 12.06 | WINV – WINVEST ACQUISITION CORP (Announced)
-1.32% ~ $ 11.25 | DIST – DISTOKEN ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Apr 03 | $ 9.99 | SZZL – Sizzle Acquisition Corp. II
Apr 03 | $ 9.98 | SOUL – Soulpower Acquisition Corp.
Apr 01 | $ 10.03 | SDHI – Siddhi Acquisition Corp
Mar 31 | $ 10.07 | UYSC – UY Scuti Acquisition Corp.
Mar 21 | $ 10.03 | GSHR – Gesher Acquisition Corp. II
Mar 17 | $ 10.07 | QSEA – Quartzsea Acquisition Corp

Recent Analysis

Daily SPAC Update – April 14, 2025

Ares Acquisition + Kodiak Robotics Deal Announced. More Deal Terminations. Focus Impact BH3 Extends and Auditor Changed. Altenergy and Healthcare AI Extension Votes Set.

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