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  • The Morning SPAC Update (Apr 17, 2025) 🔒

The Morning SPAC Update (Apr 17, 2025) 🔒

The pre-market SPAC recap for ListingTrack Pro users.

Author

Listing Track
April 17, 2025

SPAC & De-SPAC Daily Trading (prev. session)

SPAC Gainers & Losers

Ticker

DA Target

Price

Daily % Chg.

AIMAU

Docter Inc.

$18.37

10.13%

SVII

$11.55

0.43%

CCIX

$10.75

0.37%

AACT

Kodiak Robotics

$11.20

0.36%

BAYA

Oabay

$10.94

0.27%

CHEB

Polibeli Group

$10.33

-0.48%

RANG

$10.04

-0.50%

EQV

$10.09

-0.79%

LEGT

$10.48

-0.85%

HLXB

BridgeBio Oncology

$10.79

-0.92%

SPAC Volume Leaders

Ticker

DA Target

Volume

AACT

Kodiak Robotics

7.38M

RENE

1.2M

ALDF

0.87M

HOND

Terrestrial Energy

0.51M

BACQ

0.46M

BEAG

0.43M

De-SPAC Gainers & Losers

Ticker

IPO Return

Price

Daily % Chg.

ZEO

-79%

$2.12

55.88%

ELPW

-68%

$3.25

48.40%

NB

-62%

$3.79

31.14%

ZCAR

-99%

$4.16

25.30%

HOLO

-99%

$0.48

24.57%

TNMG

-97%

$0.34

-24.17%

MSPR

-99%

$1.75

-24.24%

FRGE

-94%

$8.64

-26.97%

MLGO

-99%

$8.34

-31.13%

TRUG

-97%

$0.26

-32.50%

De-SPACs listed from 2019-

De-SPAC Volume Leaders

Ticker

Volume

HOLO

91.56M

LCID

73.35M

SOFI

38.77M

BBAI

37.31M

STI

34.35M

ZEO

22.4M

SPAC Updates

Deal Updates

  • Distoken (DIST) and its merger partner, Youlife International, entered into a subscription agreement with a Youlife director-affiliated investor for $11.85 million through the private placement of 1,184,949 Class A ordinary shares of Pubco (Youlife Group Inc.) at $10.00 per share. The investment will close concurrently with the business combination. —SF 

Extensions

  • Ares Acquisition Corporation II (AACT) announced that its sponsor will contribute $0.02 per public share per extension month in connection with its proposal to extend from April 25, 2025, to January 26, 2026. —SF 

Listings

New Issues: IPOs, New S-1s

Filings

  • Globa Terra Acquisition Corporation (GTER) filed for IPO. – S-1

    $152M, 3/4 Warrant and 1 right (1/20th of a share)

    Focus: Agribusiness & Water in North America

    UW: D. Boral Capital

  • EGH Acquisition Corp. (EGHA) filed for IPO. – S-1

    $150M, 1 right (1/10th of a share)

    Focus: Energy transition technologies

    UW: Cohen & Company

  • Yorkville Acquisition Corp. filed for IPO. – S-1

    $150M, 1/3 Warrant

    Focus: Media, technology, and entertainment

    UW: Clear Street

Key Filings

Extensions:

  • —

S-4 Filings*:

  • Inception Growth (OTC: IGTA) & AgileAlgo – S-4/A

Post-Merger S-1 Filings**:

  • Australian Oilseeds (COOT) filed a S-1 —SF

*The latest S-4 filings can be found in the Announced Mergers dataset.

**Includes PIPE resale registrations where applicable — the latest post-merger S-1 filings can be found in the De-SPAC Screener in the column group “De-SPAC Profile”.

Key Event Calendar:

See the full calendar: SPAC Calendar

Thanks for reading,

The team at ListingTrack (listingtrack.io)

Abbreviations: BC: Business Combination, BCA: Business Combination Agreement, DA: Definitive Agreement, PR: Press Release, SF: Company SEC filing, IP: Investor Presentation

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