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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.

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Upcoming SPAC IPOs

Research upcoming spac IPOs this month with our IPO Calendar.

Ticker Company Ticker
Trade
Date
Shares (M) Price Range Deal Size ($M) Underwriters
PAII.U Pyrophyte Acquisition II PAII.U 00/00/00 17.5 $10.00 - $10.00 $175 UBS
Brookline Cap. Mkts.

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
PAII.U Pyrophyte Acquisition II PAII.U 07/16/25 $175 $10.01
$+0.01
(0.1%)
0.1%
SOCAU Solarius Capital Acq. SOCAU 07/15/25 $150 $10.04
$+0.02
(0.2%)
0.4%
SPEGU Silver Pegasus Acq. SPEGU 07/14/25 $100 $10.04
$-0.01
(-0.1%)
0.4%
GTERU Globa Terra Acquisition GTERU 07/08/25 $152 $10.07
$-0.01
(-0.1%)
0.7%
ONCHU 1RT Acquisition ONCHU 07/01/25 $150 $10.39
$-0.01
(-0.1%)
3.9%
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 $10.01
$+0.01
(0.1%)
0.1%
VNMEU Vendome Acquisition I VNMEU 07/01/25 $200 $10.00
$-0.01
(-0.1%)
-0.1%
CCIIU Cohen Circle Acq. II CCIIU 06/30/25 $220 $10.19
$+0.02
(0.2%)
1.9%
INACU Indigo Acquisition INACU 06/30/25 $100 $10.05
$0.00
(0.0%)
0.5%
NMPAU NMP Acquisition NMPAU 06/30/25 $100 $10.01
$+0.01
(0.1%)
0.1%
FIGXU FIGX Capital Acquisition FIGXU 06/26/25 $131 $10.02
$+0.01
(0.1%)
0.2%
YORKU Yorkville Acquisition YORKU 06/26/25 $150 $11.43
$+0.18
(1.6%)
14.3%
CAEP Cantor Equity III CAEP 06/25/25 $240 $10.92
$-0.03
(-0.3%)
9.2%
LWACU LightWave Acquisition LWACU 06/24/25 $188 $10.03
$+0.01
(0.1%)
0.3%
OBAWU Oxley Bridge Acquisition OBAWU 06/24/25 $220 $10.00
$-0.01
(-0.1%)
0.0%
AXINU Axiom Intelligence Acq. 1 AXINU 06/17/25 $175 $10.11
$+0.01
(0.1%)
1.1%
PACHU Pioneer Acquisition I PACHU 06/17/25 $220 $10.03
$+0.03
(0.3%)
0.3%
BSAAU BEST SPAC I Acquisition BSAAU 06/12/25 $55 $10.05
$0.00
(0.0%)
0.5%
BACCU Blue Acquisition BACCU 06/12/25 $175 $10.04
$0.00
(0.0%)
0.4%
BLUWU Blue Water Acq. III BLUWU 06/09/25 $220 $10.02
$+0.02
(0.2%)
0.2%
JENA.U Jena Acquisition II JENA.U 05/28/25 $200 $10.30
$-0.02
(-0.2%)
3.0%
WTGUU Wintergreen Acquisition WTGUU 05/28/25 $50 $10.15
$+0.02
(0.2%)
1.5%
CHPGU ChampionsGate Acquisition CHPGU 05/27/25 $65 $10.16
$0.00
(0.0%)
1.6%
KCHVU Kochav Defense Acq. KCHVU 05/27/25 $220 $10.19
$+0.02
(0.2%)
1.9%
CRAQU Cal Redwood Acq. CRAQU 05/22/25 $200 $10.24
$0.00
(0.0%)
2.4%
PELIU Pelican Acquisition PELIU 05/22/25 $75 $10.21
$0.00
(0.0%)
2.1%
OYSEU Oyster Enterprises II OYSEU 05/21/25 $220 $10.16
n/a
n/a
1.6%
AACIU Armada Acquisition II AACIU 05/20/25 $200 $10.16
$0.00
(0.0%)
1.6%
PCAPU ProCap Acquisition PCAPU 05/20/25 $220 $10.61
$+0.01
(0.1%)
6.1%
CCCM Columbus Circle Capital I CCCM 05/15/25 $220 $10.50
$-0.11
(-1.0%)
5.0%
WENNU Wen Acquisition WENNU 05/15/25 $261 $10.64
$-0.01
(-0.1%)
6.4%
RTACU Renatus Tactical Acq. RTACU 05/14/25 $210 $13.35
$+0.49
(3.8%)
33.5%
TVAIU Thayer Ventures Acq. II TVAIU 05/14/25 $175 $10.16
$0.00
(0.0%)
1.6%
CCCXU Churchill Capital X CCCXU 05/13/25 $360 $10.30
$-0.03
(-0.3%)
3.0%
PMTRU Perimeter Acquisition I PMTRU 05/12/25 $210 $10.69
$+0.02
(0.2%)
6.9%
EGHAU EGH Acquisition EGHAU 05/08/25 $150 $10.17
$0.00
(0.0%)
1.7%
IPODU Dune Acquisition II IPODU 05/06/25 $125 $10.17
$0.00
(0.0%)
1.7%
CEPT Cantor Equity Partners II CEPT 05/01/25 $240 $11.69
$-0.01
(-0.1%)
16.9%
CGCTU Cartesian Growth III CGCTU 05/01/25 $240 $10.17
$0.00
(0.0%)
1.7%
GTENU Gores Holdings X GTENU 05/01/25 $312 $10.33
$0.00
(0.0%)
3.3%
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 $10.62
$-0.07
(-0.6%)
6.2%
TACOU Berto Acquisition TACOU 04/29/25 $261 $10.79
$+0.10
(0.9%)
7.9%
LCCCU Lakeshore Acquisition III LCCCU 04/29/25 $60 $10.22
$-0.04
(-0.4%)
2.2%
DAAQU Digital Asset Acquisition DAAQU 04/28/25 $150 $11.02
$+0.14
(1.3%)
10.2%
RAAQU Real Asset Acquisition RAAQU 04/28/25 $150 $10.33
$0.00
(0.0%)
3.3%
CHACU Crane Harbor Acquisition CHACU 04/24/25 $200 $10.29
$0.00
(0.0%)
2.9%
IPCXU Inflection Point Acq. III IPCXU 04/24/25 $220 $10.53
$+0.03
(0.3%)
5.3%
NPACU New Providence Acq. III NPACU 04/23/25 $261 $10.32
$+0.03
(0.3%)
3.2%
TVACU Texas Ventures Acq. III TVACU 04/22/25 $200 $10.21
$0.00
(0.0%)
2.1%
TACHU Titan Acquisition TACHU 04/08/25 $240 $10.22
$0.00
(0.0%)
2.2%
SZZLU Sizzle Acquisition II SZZLU 04/01/25 $200 $10.20
$0.00
(0.0%)
2.0%
SOULU Soulpower Acquisition SOULU 04/01/25 $220 n/a
n/a
n/a
n/a
SDHIU Siddhi Acquisition SDHIU 03/31/25 $240 $10.31
$-0.01
(-0.1%)
3.1%
UYSCU UY Scuti Acquisition UYSCU 03/31/25 $50 $10.28
$0.00
(0.0%)
2.8%
GSHRU Gesher Acquisition II GSHRU 03/20/25 $125 $10.38
$0.00
(0.0%)
3.8%
QSEA Quartzsea Acquisition QSEA 03/17/25 $72 $10.06
$0.00
(0.0%)
0.6%
FERAU Fifth Era Acquisition I FERAU 02/27/25 $200 $10.41
$+0.02
(0.2%)
4.1%
LOKVU Live Oak Acquisition V LOKVU 02/27/25 $200 $10.60
$0.00
(0.0%)
6.0%
NHICU NewHold Investment III NHICU 02/27/25 $175 $10.32
$-0.01
(-0.1%)
3.2%
RAC.U Rithm Acquisition RAC.U 02/26/25 $200 $10.70
$0.00
(0.0%)
7.0%
AACBU Artius II Acquisition AACBU 02/12/25 $200 $10.60
$0.00
(0.0%)
6.0%
MAYAU Maywood Acquisition MAYAU 02/12/25 $75 $10.50
$0.00
(0.0%)
5.0%
ATIIU Archimedes Tech SPAC II ATIIU 02/10/25 $200 $10.42
$0.00
(0.0%)
4.2%
KFIIU K&F Growth Acq. II KFIIU 02/04/25 $250 $10.30
$0.00
(0.0%)
3.0%
SVCCU Stellar V Capital SVCCU 01/29/25 $150 $11.33
$0.00
(0.0%)
13.3%
FGMCU FG Merger II FGMCU 01/28/25 $80 $10.07
$0.00
(0.0%)
0.7%
DMAAU Drugs Made In America Acq DMAAU 01/27/25 $200 $10.37
$-0.02
(-0.2%)
3.7%
COLAU Columbus Acquisition COLAU 01/22/25 $60 $10.47
$0.00
(0.0%)
4.7%
HVIIU Hennessy Capital VII HVIIU 01/16/25 $175 $10.54
$0.00
(0.0%)
5.4%
PLMKU Plum Acquisition IV PLMKU 01/14/25 $150 $10.36
$0.00
(0.0%)
3.6%
RIBB Ribbon Acquisition RIBB 01/14/25 $50 $10.15
$0.00
(0.0%)
1.5%
CEPO Cantor Equity Partners I CEPO 01/06/25 $200 $14.28
$-0.96
(-6.3%)
42.8%

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.

Cantor Equity Partners logo
Cantor Equity Partners (CEP)
  • Ninth blank check company formed by Cantor Fitzgerald (pending: Twenty One Capital).
  • IPO Date: 08/12/24
  • IPO Deal Size: $100 million
  • Return from IPO: 236.5%
Ares Acquisition II logo
Ares Acquisition II (AACT)
  • Second blank check company formed by Ares Management (pending: Kodiak Robotics).
  • IPO Date: 04/20/23
  • IPO Deal Size: $450 million
  • Return from IPO: 13.8%
Pershing Square Tontine logo
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