Daily SPAC Update – March 26, 2025

by | Mar 26, 2025

Northview Extends to June. Marblegate Deal with DePalma Approved with $3.5M in Redemptions. DP Cap Acquisition Changes Accountants Again.

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Daily SPAC Update

EXTENSION VOTES
DSAQ – DIRECT SELLING ACQUISITION CORP * vote March 26, 2025 -> extend from March 28, 2025 to September 28, 2025

SPAC VOTE RESULTS
NVAC – NORTHVIEW ACQUISITION CORP * Extend to Jun 22, 2025 * 532,958 redeemed
GATE – MARBLEGATE ACQUISITION CORP * Deal Approved with DePalma Companies * 322,274 redeemed * $3,519,232.08 removed * trust $10.92

SPAC DEAL & EXTENSION VOTES SET
CDAQ – Compass Digital Acquisition Corp * EXTENSION VOTE SET: Apr 16, 2025 * trust $11.22
SWSS – Clean Energy Special Situations Corp * EXTENSION VOTE SET: Apr 30, 2025 * trust $11.00

OTHER SPAC NEWS
DPCS – DP CAP ACQUISITION CORP I * Dismissed Accountant (for the second time)
FNVTF – FINNOVATE ACQUISITION CORP * Deal Vote Postponed
CLRC – CLIMATEROCK * Merger Agreement Amendment

SPAC LATE 10-K FILINGS
MAQC – Maquia Capital Acquisition Corp : Late 10-K

NEW SPAC IPOs
Mar 21: GSHR – Gesher Acquisition Corp. Ii $125M IPO (+underwriter overallotment: $18.75M)

YESTERDAY’S TOP SPAC GAINERS
11.61% ~ $ 7.40 | BOWN – BOWEN ACQUISITION CORP (Announced)
.95% ~ $ 10.60 | CEP – CANTOR EQUITY PARTNERS INC (Pre-Deal)
.66% ~ $ 10.73 | DYCQ – DT CLOUD ACQUISITION CORP (Announced)
.49% ~ $ 10.18 | GIG – GIGCAPITAL7 CORP (Pre-Deal)
.30% ~ $ 10.05 | NTWO – NEWBURY STREET II ACQUISITION CORP (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-8.40% ~ $ 13.09 | AIMAU – AIMFINITY INVESTMENT CORP I (Announced)
-3.52% ~ $ 12.06 | WINV – WINVEST ACQUISITION CORP (Announced)
-2.28% ~ $ 14.60 | GATE – MARBLEGATE ACQUISITION CORP (Announced)
-1.19% ~ $ 11.61 | BNIX – BANNIX ACQUISITION CORP (Pre-Deal)
-1.02% ~ $ 10.66 | HLXB – HELIX ACQUISITION CORP II (Announced)

LATEST SPAC IPO PERFORMANCE
Mar 21 | $ 10.03 | GSHR – Gesher Acquisition Corp. II
Mar 17 | $ 10.06 | QSEA – Quartzsea Acquisition Corp
Feb 27 | $ 10.07 | LOKV – Live Oak Acquisition Corp. V
Feb 27 | $ 10.04 | NHIC – NewHold Investment Corp. III
Feb 27 | $ 10.04 | FERA – Fifth Era Acquisition Corp I
Feb 26 | $ 10.06 | RAC – Rithm Acquisition Corp.

Recent Analysis

Daily SPAC Update – April 16, 2025

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

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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