SPAC News

CORAL GABLES, Fla.--(BUSINESS WIRE)--Renatus Tactical Acquisition Corp I (Nasdaq: RTACU) (the “Company”) today announced the closing of its upsized initial public offering of 24,150,000 units at $10.00 per unit, including 3,150,000 units issued pursuant to the full exercise of the underwriters' over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $241,500,000. The units began trading on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “RTA...

NEW YORK--(BUSINESS WIRE)--Perimeter Acquisition Corp. I announces closing of upsized $241,500,000 initial public offering....

NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners II, Inc. (Nasdaq: CEPT) (the “Company”) announced today that it closed its initial public offering of 24,000,000 Class A ordinary shares at $10.00 per share, which was upsized. The shares began trading on the Nasdaq Global Market under the symbol “CEPT” on May 2, 2025. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of shares, $240,000,000 was placed into the Company’s trust acco...

BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings X, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 35,880,000 units, which includes 4,680,000 uni...

NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners II, Inc. (Nasdaq: CEPT) (the “Company”) announced today the pricing of its upsized initial public offering of 24,000,000 Class A ordinary shares at $10.00 per share. The shares are expected to be listed on the Nasdaq Global Market under the symbol “CEPT” and begin trading on May 2, 2025. The offering is expected to close on May 5, 2025, subject to customary closing conditions. Cantor Fitzgerald & Co. is acting as the sole book-running manage...

BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings X, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market and tra...

NEW YORK--(BUSINESS WIRE)--Berto Acquisition Corp. (Nasdaq: TACOU) (the “Company”), the ninth special purpose acquisition company sponsored by Harry You, today announced the closing of its upsized initial public offering of 30,015,000 units at $10.00 per unit, including 3,915,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,150,000. The units began trading on The Nasdaq Global...

NEW YORK--(BUSINESS WIRE)--Berto Acquisition Corp. (NASDAQ: TACOU) (the “Company”), the ninth special purpose acquisition company sponsored by Harry You, today announced the pricing of its initial public offering of 26,100,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “TACOU” beginning April 30, 2025. Each unit consists of one ordinary share and one-half of one redeemable warrant. Once the securities co...

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...