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

SPAC Gainers & Losers

Ticker

DA Target

Price

Daily % Chg.

DePalma Companies

$36.05

83.83%

Docter Inc.

$15.93

18.31%

GrabAGun

$10.90

2.35%

$11.30

1.25%

Semnur Pharmaceuticals

$12.24

0.91%

Webull

$11.80

-3.32%

Shenzhen Qianzhi BioTech

$7.55

-3.82%

BridgeBio Oncology

$10.86

-3.89%

Namib Minerals

$10.85

-3.90%

Youlife International

$11.11

-4.63%

SPAC Volume Leaders

Ticker

DA Target

Volume

GrabAGun

1.05M

0.6M

Terrestrial Energy

0.51M

0.22M

DePalma Companies

0.16M

Polibeli Group

0.12M

De-SPAC Gainers & Losers

Ticker

IPO Return

Price

Daily % Chg.

-98%

$4.72

110.71%

-80%

$1.97

64.17%

-85%

$1.55

32.48%

-91%

$0.88

26.91%

-97%

$0.31

26.31%

-68%

$3.24

-24.30%

-99%

$1.10

-27.15%

-99%

$0.05

-29.62%

-94%

$0.62

-34.91%

-88%

$1.17

-57.61%

De-SPACs listed from 2019-

De-SPAC Volume Leaders

Ticker

Volume

209.07M

111.32M

48.55M

47.39M

45.91M

41.74M

News & De-SPAC Updates

  • MDA Space Ltd. (TSX: MDA) has agreed to acquire all outstanding shares of SatixFy Communications Ltd. (NYSE American: SATX) in an all-cash transaction valued at US$2.10 per share, representing an equity value of approximately US$193 million and a 75% premium to SatixFy's March 31, 2025 closing price. MDA will also retire SatixFy's US$76 million of debt at closing, bringing total transaction value to US$269 million (C$387 million). The acquisition enhances MDA’s satellite systems offering amid growing demand for digital satellite communications. The deal is expected to close in Q3 2025. β€” PR

  • Vacasa (VCSA) Davidson Kempner has submitted a fourth revised non-binding acquisition proposal to Vacasa’s Special Committee, increasing the offer price to $5.83 per share in cash. This follows a series of improvements since the initial February 3, 2025 offer, including removal of purchase price adjustment provisions, increased interim funding to $20 million, a higher reverse termination fee of $10 million (with a $2 million delay penalty cap), and the elimination of several closing conditions. The latest proposal continues DK's bid to acquire all outstanding Vacasa shares not already owned by it, in competition with an existing agreement with Casago. β€”SF

  • NewGenIvf has terminated its binding term sheet with European Wellness Investment Holdings Limited (EWIHL) for a proposed reverse merger after EWIHL failed to deliver audited financials for 2023 and 2024 by the March 31, 2025 deadline. β€”PR

Listings

New Issues: IPOs, New S-1s

IPOs

  • Sizzle Acquisition Corp. II (SZZLU) priced its IPO. – PR

    $200M, 1 R (1/10 sh)

    Focus: Consumer & Lifestyle, Food & Agriculture Technology, Real Assets & Infrastructure, Technology & Innovation

    UW: Cantor

  • Soulpower Acquisition Corporation (SOULU) priced its IPO. β€” PR

    $220M, 1 R (1/10 sh)

    Focus: Insurance services, retirement savings, and other related financial services.

    UW: Cantor.

Key Filings

Extensions:

  • β€”

S-4 Filings*:

  • β€”

Post-Merger S-1 Filings**:

  • β€”

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

**Includes PIPE resale registrations where applicable β€” the latest post-merger S-1 filings can be found in the De-SPAC Screener in the column group β€œDe-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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