SPAC News

AUSTIN, Texas--(BUSINESS WIRE)--Twenty One Capital, Inc. (“Twenty One” or “the Company”), a newly formed entity, today announced it has entered into a definitive agreement for a business combination with Cantor Equity Partners, Inc. (“CEP”) (Nasdaq: CEP) (the “Business Combination”), a special-purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald, a leading global financial services and real estate services holding company. At the closing of the Business Combination,...

NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, today released its Q1 2025 SPAC Market Update & Outlook. In the first quarter of 2025, the SPAC IPO market saw the pricing of 19 IPOs, raising a total of $3.1 billion. Approximately 80% of the new SPAC IPOs this quarter were from serial SPAC issuers, raising $2.7 billion. Over the last three quarters the SPAC market has averaged 20 IPOs, raising $3.4 billion each quarter. This surge in the market is attrib...

NEW YORK--(BUSINESS WIRE)--Ares Acquisition Corporation II (NYSE: “AACT.U”, “AACT”, “AACT WS”) (“AACT” or the “Company”) announced today that the Company’s sponsor, Ares Acquisition Holdings II LP (the “Sponsor”), agreed to make monthly deposits directly to the Company’s trust account of $0.02 for each outstanding Class A ordinary share, par value $0.0001 per share (the “Class A Ordinary Shares”), of the Company, other than Class A Ordinary Shares held by the Sponsor upon any conversion of Clas...

AMSTERDAM--(BUSINESS WIRE)--BM3EAC Corp. (the “Company”), a special purpose acquisition company incorporated under the laws of the Cayman Islands as an exempted company with limited liability and listed on Euronext Amsterdam, the regulated market operated by Euronext Amsterdam N.V., today published its annual report for the period 1 January 2024 to 31 December 2024. The annual report can be downloaded from the Company’s website via the following link: https://www.BrigadeM3EAC.com/documents IMPO...

COPPELL, Texas & PALM BEACH, Fla.--(BUSINESS WIRE)--Metroplex Trading Company LLC, d.b.a. GrabAGun.com (the “Company” or “GrabAGun”), an online retailer of firearms, ammunition and related accessories, and Colombier Acquisition Corp. II (“Colombier II”) (NYSE: CLBR), a special purpose acquisition company led by Omeed Malik, a distinguished entrepreneur and investor with extensive experience in digital marketplace transactions, today announced the filing of a registration statement on Form S-4 (...

SOUTH SAN FRANCISCO & BOSTON--(BUSINESS WIRE)--TheRas, Inc. d/b/a BridgeBio Oncology Therapeutics (“BBOT”), a clinical-stage biopharmaceutical company advancing a next-generation pipeline of novel small molecule therapeutics targeting RAS and PI3Kα malignancies, and Helix Acquisition Corp. II (Nasdaq: HLXB) (“Helix”), a special purpose acquisition company (SPAC) sponsored by affiliates of Cormorant Asset Management, today announced that they have entered into a definitive business combination a...

NEW YORK--(BUSINESS WIRE)--Rithm Acquisition Corp. (the “Company”), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses or entities, priced its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “RAC.U” with trading expected to begin on February 27, 2025. Each unit consists of one Class A ordinary share of the Compa...

SINGAPORE & LAS VEGAS--(BUSINESS WIRE)--Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), developer of advanced software development tools for quantum computers, and dMY Squared Technology Group, Inc. (“dMY”) (NYSE American: “DMYY” and “DMYY.WS”), a publicly traded special purpose acquisition company led by Harry You, jointly announced today that they have entered into a non-binding letter of intent (“LOI”) for a business combination. The combined company is expected to be publicly liste...

PHOENIX--(BUSINESS WIRE)--Fold Holdings, Inc. (“Fold”), a pioneering bitcoin financial services company, announced today the completion of its previously announced business combination with FTAC Emerald Acquisition Corp. (“FTAC”), a publicly traded special purpose acquisition company, which was approved by FTAC’s shareholders on February 13, 2025. The combined company will operate under the name Fold Holdings, Inc., and its common stock and warrants are expected to begin trading on Nasdaq under...

BONITA SPRINGS, Fla. & HOUSTON--(BUSINESS WIRE)--e2Companies LLC, an innovative provider of integrated solutions for on-site power generation, distribution and energy cost-optimization, and Nabors Energy Transition Corp. II (Nasdaq: NETD), today announced a definitive agreement for a business combination (the “Transaction” or the “Business Combination”) that would result in e2 becoming a publicly-listed company on Nasdaq under the ticker symbol “VUTL”. NETD is primarily sponsored by Nabors Indu...