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  • The Morning SPAC Update (Mar 20, 2025) πŸ”’

The Morning SPAC Update (Mar 20, 2025) πŸ”’

The pre-market SPAC recap for ListingTrack Pro users.

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

SPAC Gainers & Losers

Ticker

DA Target

Price

Daily % Chg.

BOWN

Shenzhen Qianzhi BioTech

$6.38

47.34%

ESHA

$10.90

1.21%

HSPO

Squirrel Enlivened International

$11.78

1.03%

JVSA

Hotel101

$10.72

0.66%

DTSQ

$10.27

0.59%

DRDB

$9.98

-0.20%

IGTA

AgileAlgo

$11.48

-0.26%

DMYY

$11.13

-0.62%

EMCG

Tianjin Tire Global

$11.85

-1.09%

GATE

DePalma Companies

$10.44

-4.66%

SPAC Volume Leaders

Ticker

DA Target

Volume

BOWN

Shenzhen Qianzhi BioTech

6.6M

GIG

0.31M

AIFE

0.22M

ESHA

0.19M

PLMK

0.17M

MLAC

0.15M

De-SPAC Gainers & Losers

Ticker

IPO Return

Price

Daily % Chg.

LFLY

-99%

$0.29

30.41%

MNTS

-99%

$2.20

20.22%

BRLS

-30%

$6.99

16.69%

AEVA

-94%

$3.11

16.04%

SPCE

-98%

$4.36

15.34%

VINC

-99%

$0.63

-12.31%

BHIL

-99%

$0.65

-15.08%

OABI

-75%

$2.54

-20.38%

PNST

-99%

$0.07

-25.00%

KBSX

-60%

$4.05

-26.23%

De-SPACs listed from 2019-

De-SPAC Volume Leaders

Ticker

Volume

LCID

125.55M

QBTS

89.47M

RGTI

48.62M

SOFI

46.48M

OPEN

46.15M

BURU

36.02M

News & De-SPAC Updates

  • Zoomcar (ZCAR) will implement a 1-for-20 reverse stock split ahead of trading on March 24. β€” PR

SPAC Updates

Liquidations / Terminations

  • β€”

Listings

Listing Warnings / Transfers:

  • Breeze Holdings (OTC: BRZH) received a non-compliance warning from OTC Markets and has until June 13, 2025, to regain compliance or be moved from OTCQX – SF

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

DISCLAIMER: The information provided in this newsletter is for your convenience only and is not intended to be treated as financial, investment, tax, or other advice. ListingTrack, SPAC Track, and the parent, CommonFi, do not make any guarantees, representations, or warranties as to, and shall have no liability for, the timeliness, truthfulness, sequence, quality, completeness, or accuracy of any of the information or data provided in this newsletter or on the ListingTrack or SPAC Track websites.