SPAC IPOs
SPACs are investment vehicles formed to acquire companies seeking to become publicly traded. While they can target companies within any industry, they often focus on areas that leverage the experience of their sponsors and management teams, be it a specific industry, geography, or investment thesis.
Research SPAC IPOs
A blank check company, also called a Special Purpose Acquisition Company (SPAC), is a newly-formed investment vehicle that raises money in an IPO and then has about two years to find a company to take public via acquisition. Before the acquisition, SPACs are differentiated by their management teams, which can include veteran investors or industry experts. These sponsors typically kick in a small upfront investment in order to receive about 20% of the shares in a SPAC pre-merger.
SPACs typically price their IPOs at $10, and offer tradable units that contain common shares and out-of-the-money warrants. Because traditional IPOs remain the gold standard for listing, SPAC merger targets may include moonshots, companies that are novel or difficult to value, unusual transactions, or those with messy governance structures. After management finds a merger target and agrees upon a valuation, public shareholders can eventually vote to approve the deal, but also have the option of redeeming their shares to receive the original $10 plus interest.
Upcoming SPAC IPOs
Research upcoming spac IPOs this month with our IPO Calendar.
| Ticker | Company | Ticker | Shares (M) | Price Range | Deal Size ($M) | Underwriters | |
|---|---|---|---|---|---|---|---|
| NWAXU | New America Acquisition I | NWAXU | 00/00/00 | 30.0 | $10.00 - $10.00 | $300 | Dominari Sec. D. Boral Capital |
| SAC.U | Safeguard Acquisition | SAC.U | 00/00/00 | 20.0 | $10.00 - $10.00 | $200 | Jefferies |
| AEAQU | Activate Energy Acq. | AEAQU | 00/00/00 | 20.0 | $10.00 - $10.00 | $200 | BTIG |
SPAC IPOs This Year
Research IPOs in the spac industry this year. Our Recently Priced IPOs page allows you to research spac stocks and various IPO metrics. Access advanced industry screening on IPO Pro.
| Ticker | Company | Ticker | Offer Date | Deal Size ($M) | Current Price | Today's Change | Return from IPO |
|---|---|---|---|---|---|---|---|
| AEAQU | Activate Energy Acq. | AEAQU | 12/03/25 | $200 | $10.00 |
$0.00
(0.0%)
|
0.0% |
| NWAXU | New America Acquisition I | NWAXU | 12/03/25 | $300 | $10.00 |
n/a
n/a
|
n/a |
| SAC.U | Safeguard Acquisition | SAC.U | 12/03/25 | $200 | $10.06 |
$+0.06
(0.6%)
|
0.6% |
| GPACU | General Purpose Acq. | GPACU | 12/02/25 | $200 | $9.99 |
$-0.01
(-0.1%)
|
-0.1% |
| SBXE.U | SilverBox V | SBXE.U | 12/02/25 | $240 | $10.04 |
$0.00
(0.0%)
|
0.4% |
| BIXIU | Bitcoin Infra. Acq. | BIXIU | 12/01/25 | $200 | $10.00 |
n/a
n/a
|
0.0% |
| SCIIU | SC II Acquisition | SCIIU | 11/25/25 | $150 | $10.05 |
$+0.02
(0.2%)
|
0.5% |
| IGACU | Invest Green Acquisition | IGACU | 11/24/25 | $150 | $10.01 |
$+0.01
(0.1%)
|
0.1% |
| HCACU | Hall Chadwick Acquisition | HCACU | 11/20/25 | $180 | $10.00 |
$-0.01
(-0.1%)
|
0.0% |
| ALUB.U | Alussa Energy Acq. II | ALUB.U | 11/12/25 | $250 | $10.11 |
$-0.05
(-0.5%)
|
1.1% |
| BPACU | Blueport Acquisition | BPACU | 11/11/25 | $50 | $10.07 |
$0.00
(0.0%)
|
0.7% |
| EVOXU | Evolution Global Acq. | EVOXU | 11/10/25 | $210 | $10.06 |
$-0.02
(-0.2%)
|
0.6% |
| CRACU | Crown Reserve Acq. I | CRACU | 11/06/25 | $150 | $10.12 |
$0.00
(0.0%)
|
1.2% |
| TDWDU | Tailwind 2.0 Acquisition | TDWDU | 11/06/25 | $150 | $10.03 |
$+0.00
(0.0%)
|
0.3% |
| CEPV | Cantor Equity Partners V | CEPV | 11/03/25 | $220 | $10.25 |
$+0.04
(0.4%)
|
2.5% |
| WSTNU | Westin Acquisition | WSTNU | 11/03/25 | $50 | $10.01 |
$0.00
(0.0%)
|
0.1% |
| VACI.U | Viking Acquisition I | VACI.U | 10/30/25 | $200 | $10.05 |
$+0.02
(0.2%)
|
0.5% |
| DNMXU | Dynamix III | DNMXU | 10/29/25 | $175 | $10.06 |
$-0.01
(-0.1%)
|
0.6% |
| DYORU | Insight Digital Partners | DYORU | 10/28/25 | $150 | $10.03 |
$-0.02
(-0.2%)
|
0.3% |
| APXTU | Apex Treasury | APXTU | 10/27/25 | $300 | $10.04 |
$-0.03
(-0.3%)
|
0.4% |
| LAFAU | LaFayette Acquisition | LAFAU | 10/23/25 | $100 | $10.04 |
$0.00
(0.0%)
|
0.4% |
| HAVAU | Harvard Ave Acquisition | HAVAU | 10/22/25 | $145 | $10.02 |
$+0.01
(0.1%)
|
0.2% |
| MMTXU | Miluna Acquisition | MMTXU | 10/22/25 | $60 | $10.01 |
$0.00
(0.0%)
|
0.1% |
| ALISU | Calisa Acquisition | ALISU | 10/21/25 | $60 | $10.23 |
$+0.02
(0.2%)
|
2.3% |
| LKSPU | Lake Superior Acquisition | LKSPU | 10/06/25 | $100 | $10.20 |
$0.00
(0.0%)
|
2.0% |
| GIWWU | GigCapital8 | GIWWU | 10/03/25 | $220 | $10.26 |
$0.00
(0.0%)
|
2.6% |
| AIIAU | AI Infrastructure Acq. | AIIAU | 10/02/25 | $120 | n/a |
n/a
n/a
|
n/a |
| RNGTU | Range Capital Acq II | RNGTU | 10/02/25 | $200 | $10.21 |
$-0.04
(-0.4%)
|
2.1% |
| YCY.U | AA Mission Acq. II | YCY.U | 09/30/25 | $100 | $10.12 |
n/a
n/a
|
1.2% |
| BDCIU | BTC Development | BDCIU | 09/30/25 | $220 | $10.21 |
$-0.06
(-0.6%)
|
2.1% |
| KRSP.U | Rice Acquisition 3 | KRSP.U | 09/30/25 | $300 | $10.51 |
$+0.01
(0.1%)
|
5.1% |
| BCSS.U | Bain Capital GSS | BCSS.U | 09/29/25 | $400 | $10.32 |
$+0.13
(1.3%)
|
3.2% |
| APACU | StoneBridge Acq. II | APACU | 09/29/25 | $50 | $10.07 |
$0.00
(0.0%)
|
0.7% |
| AEXA | American Acquisition A | AEXA | 09/25/25 | $300 | $11.13 |
$+0.24
(2.2%)
|
11.3% |
| FCRS.U | FutureCrest Acquisition | FCRS.U | 09/25/25 | $250 | $10.29 |
$-0.01
(-0.1%)
|
2.9% |
| DMIIU | Drugs In America Acq. II | DMIIU | 09/24/25 | $500 | $10.03 |
$+0.02
(0.2%)
|
0.3% |
| EMISU | Emmis Acquisition | EMISU | 09/24/25 | $100 | $10.04 |
n/a
n/a
|
0.4% |
| LATAU | Galata Acquisition II | LATAU | 09/18/25 | $150 | $10.10 |
$0.00
(0.0%)
|
1.0% |
| CHECU | Chenghe Acquisition III | CHECU | 09/15/25 | $110 | $10.03 |
$0.00
(0.0%)
|
0.3% |
| OTGAU | OTG Acquisition I | OTGAU | 09/11/25 | $200 | $10.14 |
$-0.01
(-0.1%)
|
1.4% |
| BLZRU | Trailblazer Acquisition | BLZRU | 09/09/25 | $240 | $10.25 |
$0.00
(0.0%)
|
2.5% |
| TLNCU | Talon Capital | TLNCU | 09/08/25 | $225 | $10.45 |
$0.00
(0.0%)
|
4.5% |
| GSRFU | GSR IV Acquisition | GSRFU | 09/03/25 | $200 | $10.46 |
$+0.15
(1.4%)
|
4.6% |
| SVACU | Spring Valley Acq. III | SVACU | 09/03/25 | $200 | $10.40 |
$-0.05
(-0.5%)
|
4.0% |
| KOYNU | CSLM DA Acq. III | KOYNU | 08/26/25 | $200 | $10.17 |
$-0.03
(-0.3%)
|
1.7% |
| MBVIU | M3-Brigade Acquisition VI | MBVIU | 08/26/25 | $300 | $10.22 |
$0.00
(0.0%)
|
2.2% |
| CEPF | Cantor Equity Partners IV | CEPF | 08/20/25 | $400 | $10.30 |
$+0.03
(0.3%)
|
3.0% |
| HVMCU | Highview Merger | HVMCU | 08/11/25 | $200 | $10.15 |
$0.00
(0.0%)
|
1.5% |
| MKLYU | McKinley Acquisition | MKLYU | 08/11/25 | $150 | $10.09 |
$-0.01
(-0.1%)
|
0.9% |
| SSEAU | Starry Sea Acquisition | SSEAU | 08/07/25 | $50 | $10.14 |
$-0.02
(-0.2%)
|
1.4% |
| QUMS | Quantumsphere Acquisition | QUMS | 08/05/25 | $72 | $10.00 |
$+0.01
(0.1%)
|
0.0% |
| HCMAU | HCM III Acquisition | HCMAU | 07/31/25 | $220 | $10.29 |
$0.00
(0.0%)
|
2.9% |
| BCARU | D. Boral ARC Acq. I | BCARU | 07/30/25 | $250 | $10.37 |
$0.00
(0.0%)
|
3.7% |
| APAD | A Paradise Acquisition | APAD | 07/29/25 | $200 | $10.09 |
$-0.01
(-0.1%)
|
0.9% |
| PAII.U | Pyrophyte Acquisition II | PAII.U | 07/16/25 | $175 | $10.23 |
$0.00
(0.0%)
|
2.3% |
| SOCAU | Solarius Capital Acq. | SOCAU | 07/15/25 | $150 | $10.37 |
$0.00
(0.0%)
|
3.7% |
| SPEGU | Silver Pegasus Acq. | SPEGU | 07/14/25 | $100 | $10.30 |
$0.00
(0.0%)
|
3.0% |
| GTERU | Globa Terra Acquisition | GTERU | 07/08/25 | $152 | $10.25 |
$-0.01
(-0.1%)
|
2.5% |
| ONCHU | 1RT Acquisition | ONCHU | 07/01/25 | $150 | $10.49 |
$+0.01
(0.1%)
|
4.9% |
| EVACU | EQV Ventures Acq. II | EVACU | 07/01/25 | $420 | n/a |
n/a
n/a
|
n/a |
| ORIQU | Origin Investment I | ORIQU | 07/01/25 | $60 | $10.50 |
$0.00
(0.0%)
|
5.0% |
| VNMEU | Vendome Acquisition I | VNMEU | 07/01/25 | $200 | $10.12 |
$0.00
(0.0%)
|
1.2% |
| CCIIU | Cohen Circle Acq. II | CCIIU | 06/30/25 | $220 | $10.34 |
$+0.03
(0.3%)
|
3.4% |
| INACU | Indigo Acquisition | INACU | 06/30/25 | $100 | $10.17 |
$0.00
(0.0%)
|
1.7% |
| NMPAU | NMP Acquisition | NMPAU | 06/30/25 | $100 | $10.45 |
$0.00
(0.0%)
|
4.5% |
| FIGXU | FIGX Capital Acquisition | FIGXU | 06/26/25 | $131 | $10.25 |
$0.00
(0.0%)
|
2.5% |
| MCGA | Yorkville Acquisition | MCGA | 06/26/25 | $150 | $10.12 |
$+0.01
(0.1%)
|
1.2% |
| CAEP | Cantor Equity III | CAEP | 06/25/25 | $240 | $10.19 |
$0.00
(0.0%)
|
1.9% |
| LWACU | LightWave Acquisition | LWACU | 06/24/25 | $188 | $10.20 |
$0.00
(0.0%)
|
2.0% |
| OBAWU | Oxley Bridge Acquisition | OBAWU | 06/24/25 | $220 | $10.24 |
$0.00
(0.0%)
|
2.4% |
| AXINU | Axiom Intelligence Acq. 1 | AXINU | 06/17/25 | $175 | $10.24 |
$0.00
(0.0%)
|
2.4% |
| PACHU | Pioneer Acquisition I | PACHU | 06/17/25 | $220 | $10.22 |
$-0.04
(-0.4%)
|
2.2% |
| BSAA | BEST SPAC I Acquisition | BSAA | 06/12/25 | $55 | $10.12 |
$+0.03
(0.3%)
|
1.2% |
| BACC | Blue Acquisition | BACC | 06/12/25 | $175 | $10.28 |
$0.00
(0.0%)
|
2.8% |
| BLUWU | Blue Water Acq. III | BLUWU | 06/09/25 | $220 | $10.60 |
$0.00
(0.0%)
|
6.0% |
| JENA.U | Jena Acquisition II | JENA.U | 05/28/25 | $200 | $10.45 |
$-0.23
(-2.2%)
|
4.5% |
| WTG | Wintergreen Acquisition | WTG | 05/28/25 | $50 | $10.12 |
$0.00
(0.0%)
|
1.2% |
| CHPGU | ChampionsGate Acquisition | CHPGU | 05/27/25 | $65 | $10.25 |
$+0.03
(0.3%)
|
2.5% |
| KCHVU | Kochav Defense Acq. | KCHVU | 05/27/25 | $220 | $10.39 |
$0.00
(0.0%)
|
3.9% |
| CRAQU | Cal Redwood Acq. | CRAQU | 05/22/25 | $200 | $10.50 |
$0.00
(0.0%)
|
5.0% |
| PELI | Pelican Acquisition | PELI | 05/22/25 | $75 | $10.14 |
$+0.01
(0.1%)
|
1.4% |
| OYSEU | Oyster Enterprises II | OYSEU | 05/21/25 | $220 | $10.15 |
n/a
n/a
|
1.5% |
| XRPN | Armada Acquisition II | XRPN | 05/20/25 | $200 | $10.16 |
$-0.01
(-0.1%)
|
1.6% |
| PCAPU | ProCap Acquisition | PCAPU | 05/20/25 | $220 | $10.30 |
$+0.02
(0.2%)
|
3.0% |
| BRR | Columbus Circle Capital I | BRR | 05/15/25 | $220 | $5.33 |
$+0.15
(2.9%)
|
-46.7% |
| WENNU | Wen Acquisition | WENNU | 05/15/25 | $261 | $10.31 |
$0.00
(0.0%)
|
3.1% |
| RTACU | Renatus Tactical Acq. | RTACU | 05/14/25 | $210 | $11.11 |
$-0.07
(-0.6%)
|
11.1% |
| TVAIU | Thayer Ventures Acq. II | TVAIU | 05/14/25 | $175 | $10.31 |
$0.00
(0.0%)
|
3.1% |
| CCCX | Churchill Capital X | CCCX | 05/13/25 | $360 | $15.28 |
$+0.63
(4.3%)
|
52.8% |
| PMTRU | Perimeter Acquisition I | PMTRU | 05/12/25 | $210 | $10.60 |
$-0.05
(-0.5%)
|
6.0% |
| EGHAU | EGH Acquisition | EGHAU | 05/08/25 | $150 | $10.36 |
$-0.19
(-1.8%)
|
3.6% |
| IPODU | Dune Acquisition II | IPODU | 05/06/25 | $125 | $10.32 |
$0.00
(0.0%)
|
3.2% |
| CEPT | Cantor Equity Partners II | CEPT | 05/01/25 | $240 | $10.98 |
$+0.13
(1.2%)
|
9.8% |
| CGCTU | Cartesian Growth III | CGCTU | 05/01/25 | $240 | $10.27 |
$0.00
(0.0%)
|
2.7% |
| GTENU | Gores Holdings X | GTENU | 05/01/25 | $312 | $10.50 |
$0.00
(0.0%)
|
5.0% |
| COPLU | Copley Acquisition | COPLU | 04/30/25 | $150 | n/a |
n/a
n/a
|
n/a |
| RDAGU | Republic Digital Acq. | RDAGU | 04/30/25 | $264 | $10.42 |
$+0.01
(0.1%)
|
4.2% |
| TACOU | Berto Acquisition | TACOU | 04/29/25 | $261 | $10.32 |
$-0.04
(-0.4%)
|
3.2% |
| LCCCU | Lakeshore Acquisition III | LCCCU | 04/29/25 | $60 | $10.40 |
$+0.05
(0.5%)
|
4.0% |
| DAAQU | Digital Asset Acquisition | DAAQU | 04/28/25 | $150 | $10.69 |
$0.00
(0.0%)
|
6.9% |
| RAAQU | Real Asset Acquisition | RAAQU | 04/28/25 | $150 | $10.50 |
$0.00
(0.0%)
|
5.0% |
| CHAC | Crane Harbor Acquisition | CHAC | 04/24/25 | $200 | $11.50 |
$+0.25
(2.2%)
|
15.0% |
| IPCX | Inflection Point Acq. III | IPCX | 04/24/25 | $220 | $10.08 |
$-0.02
(-0.2%)
|
0.8% |
| NPACU | New Providence Acq. III | NPACU | 04/23/25 | $261 | $10.36 |
$-0.01
(-0.1%)
|
3.6% |
| TVACU | Texas Ventures Acq. III | TVACU | 04/22/25 | $200 | $10.81 |
$0.00
(0.0%)
|
8.1% |
| TACHU | Titan Acquisition | TACHU | 04/08/25 | $240 | $10.40 |
$0.00
(0.0%)
|
4.0% |
| SZZLU | Sizzle Acquisition II | SZZLU | 04/01/25 | $200 | $10.28 |
$-0.02
(-0.2%)
|
2.8% |
| SOUL | Soulpower Acquisition | SOUL | 04/01/25 | $220 | $10.14 |
$+0.01
(0.1%)
|
1.4% |
| SDHIU | Siddhi Acquisition | SDHIU | 03/31/25 | $240 | $10.48 |
$-0.12
(-1.1%)
|
4.8% |
| UYSC | UY Scuti Acquisition | UYSC | 03/31/25 | $50 | $10.21 |
$-0.03
(-0.3%)
|
2.1% |
| GSHRU | Gesher Acquisition II | GSHRU | 03/20/25 | $125 | $10.30 |
$0.00
(0.0%)
|
3.0% |
| QSEA | Quartzsea Acquisition | QSEA | 03/17/25 | $72 | $10.22 |
$+0.02
(0.2%)
|
2.2% |
| FERAU | Fifth Era Acquisition I | FERAU | 02/27/25 | $200 | $10.53 |
$0.00
(0.0%)
|
5.3% |
| LOKV | Live Oak Acquisition V | LOKV | 02/27/25 | $200 | $10.25 |
$0.00
(0.0%)
|
2.5% |
| NHICU | NewHold Investment III | NHICU | 02/27/25 | $175 | $10.45 |
$0.00
(0.0%)
|
4.5% |
| RAC.U | Rithm Acquisition | RAC.U | 02/26/25 | $200 | $10.60 |
$0.00
(0.0%)
|
6.0% |
| AACBU | Artius II Acquisition | AACBU | 02/12/25 | $200 | $10.54 |
$0.00
(0.0%)
|
5.4% |
| MAYA | Maywood Acquisition | MAYA | 02/12/25 | $75 | $10.30 |
n/a
n/a
|
3.0% |
| ATIIU | Archimedes Tech SPAC II | ATIIU | 02/10/25 | $200 | $10.50 |
$0.00
(0.0%)
|
5.0% |
| KFIIU | K&F Growth Acq. II | KFIIU | 02/04/25 | $250 | $10.80 |
$-0.19
(-1.7%)
|
8.0% |
| SVCCU | Stellar V Capital | SVCCU | 01/29/25 | $150 | $10.52 |
$0.00
(0.0%)
|
5.2% |
| FGMC | FG Merger II | FGMC | 01/28/25 | $80 | $10.01 |
$-0.02
(-0.2%)
|
0.1% |
| DMAAU | Drugs Made In America Acq | DMAAU | 01/27/25 | $200 | $10.40 |
$0.00
(0.0%)
|
4.0% |
| COLA | Columbus Acquisition | COLA | 01/22/25 | $60 | $10.30 |
$0.00
(0.0%)
|
3.0% |
| HVII | Hennessy Capital VII | HVII | 01/16/25 | $175 | $10.32 |
$-0.01
(-0.1%)
|
3.2% |
| PLMKU | Plum Acquisition IV | PLMKU | 01/14/25 | $150 | $12.33 |
$0.00
(0.0%)
|
23.3% |
| RIBB | Ribbon Acquisition | RIBB | 01/14/25 | $50 | $10.34 |
$-0.01
(-0.1%)
|
3.4% |
| CEPO | Cantor Equity Partners I | CEPO | 01/06/25 | $200 | $10.40 |
$0.00
(0.0%)
|
4.0% |
SPAC Industry IPO News
- SPAC APEX Tech Acquisition files for a $60 million IPO, led by Chinese executives targeting US companies 12/04/25
- Oil and gas-focused SPAC Activate Energy Acquisition prices $200 million IPO 12/04/25
- SPAC Safeguard Acquisition prices $200 million IPO, targeting aerospace and defense 12/04/25
- SPAC New America Acquisition I prices $300 million IPO targeting US tech, healthcare, and logistics 12/04/25
- SPAC Hennessy Capital Investment VIII files for a $175 million IPO, targeting industrials 12/03/25
Important IPOs in the SPAC Industry
These IPOs either had significant industry buzz, large capital raises,
or strong results.
These stocks are a sample of companies that you can
research further using our
IPO Pro
tools.
USA Rare Earth (USAR)
- Second blank check company led by Michael Blitzer targeting disruptive growth sectors (completed 3/13/2025).
- IPO Date: 05/24/23
- IPO Deal Size: $220 million
- Return from IPO: 74.8%
Drugs In America Acq. II (DMIIU)
- Blank check company targeting the pharmaceutical industry.
- IPO Date: 09/24/25
- IPO Deal Size: $500 million
- Return from IPO: 0.3%
Pershing Square Tontine (PSTH)
- Blank check company formed by Bill Ackman of Pershing Square targeting "Mature Unicorns" (liquidated).
- IPO Date: 07/21/20
- IPO Deal Size: $4,000 million
