SPAC IPOs in 2025
145 SPACs priced US IPOs in 2025, raising $26.17B. Of these, 20 have completed a merger, 39 have a deal pending, 83 are still searching and 3 have liquidated.
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| SPAC | Ticker | IPO date | IPO size | Exchange | Lead underwriter | Status |
|---|---|---|---|---|---|---|
| Silicon Valley Acquisition Corp. | SVAQ | Dec 23, 2025 | $200M | Nasdaq | Clear Street | Deal announced: EigenQ, Inc. |
| Social Commerce Partners Corp | SCPQ | Dec 22, 2025 | $100M | Nasdaq | Social Commerce Partners | Searching for a target |
| TGE Value Creative Solutions Corp | BEBE | Dec 19, 2025 | $150M | New York Stock Exchange | — | Searching for a target |
| American Drive Acquisition Co | ADAC | Dec 19, 2025 | $200M | Nasdaq Global Market | American Drive Acquisition Company | Searching for a target |
| Vine Hill Capital Investment Corp. II | VHCP | Dec 19, 2025 | $200M | Nasdaq Global Market | Stifel | Searching for a target |
| Launchpad Cadenza Acquisition Corp I | LPCV | Dec 18, 2025 | $200M | Nasdaq | Cantor | Searching for a target |
| Iron Horse Acquisition II Corp. | IRHOU | Dec 18, 2025 | $200M | Nasdaq | Rosey Sea Holdings | Deal announced: Electra Vehicles, Inc. |
| Churchill Capital Corp XI | CCXI | Dec 17, 2025 | $360M | Nasdaq Global Market | Citigroup | Deal announced: Agility Robotics, Inc. |
| Crane Harbor Acquisition Corp. II | CRAN | Dec 16, 2025 | — | Nasdaq Global Market | JonesTrading Institutional Services | Searching for a target |
| ITHAX Acquisition Corp III | ITHA | Dec 15, 2025 | $200M | Nasdaq | Cantor | Searching for a target |
| Twelve Seas Investment Co III/Cayman | TWLV | Dec 12, 2025 | $150M | Nasdaq | Cohen & Company Capital Markets | Searching for a target |
| Karbon Capital Partners Corp. | KBON | Dec 12, 2025 | $300M | Nasdaq Global Market | Karbon Capital Partners | Searching for a target |
| Bluerock Acquisition Corp. | BLRK | Dec 12, 2025 | $150M | Nasdaq Global Market | Cantor | Deal announced: Bitonic Technology Labs Inc. d/b/a Yellow.ai |
| Meshflow Acquisition Corp | MESH | Dec 11, 2025 | $300M | Nasdaq Global Market | Cantor | Deal announced: HGP Intelligent Energy, LLC |
| Daedalus Special Acquisition Corp. | DSAC | Dec 10, 2025 | $225M | Nasdaq | BTIG | Searching for a target |
| Activate Energy Acquisition Corp. | AEAQ | Dec 5, 2025 | $200M | Nasdaq | BTIG | Searching for a target |
| Leapfrog Acquisition Corp | LFAC | Dec 5, 2025 | $125M | Nasdaq | BTIG | Searching for a target |
| New America Acquisition I Corp. | NWAX | Dec 4, 2025 | $300M | NYSE | D. Boral Capital | Searching for a target |
| Safeguard Acquisition Corp. | SAC | Dec 4, 2025 | $200M | New York Stock Exchange | President & CEO of Triumph | Searching for a target |
| SilverBox Corp V | SBXE | Dec 3, 2025 | $240M | New York Stock Exchange | SilverBox | Searching for a target |
| General Purpose Acquisition Corp. | GPAC | Dec 3, 2025 | $200M | Nasdaq Global Market | United Overseas | Searching for a target |
| Bitcoin Infrastructure Acquisition Corp Ltd | BIXI | Dec 2, 2025 | $200M | — | — | Searching for a target |
| SC II Acquisition Corp. | SCII | Nov 26, 2025 | $150M | Nasdaq | D. Boral Capital | Searching for a target |
| Invest Green Acquisition Corp | IGAC | Nov 25, 2025 | $150M | Nasdaq Global Market | — | Searching for a target |
| Hall Chadwick Acquisition Corp | HCAC | Nov 21, 2025 | $180M | Nasdaq | Cohen & Company Capital Markets | Deal announced: REEcycle Holdings, Inc. |
| Alussa Energy Acquisition Corp. II | ALUB | Nov 13, 2025 | $250M | New York Stock Exchange | Alussa Energy Sponsor II | Searching for a target |
| Evolution Global Acquisition Corp | EVOX | Nov 12, 2025 | $210M | Nasdaq Global Market | — | Searching for a target |
| Blueport Acquisition Ltd | BPACU | Nov 12, 2025 | $50M | Nasdaq Capital Market | A.G.P. | Deal announced: SINGAUTO Inc. |
| Tailwind 2.0 Acquisition Corp. | TDWD | Nov 7, 2025 | $150M | Nasdaq Global Market | — | Searching for a target |
| Crown Reserve Acquisition Corp. I | CRACU | Nov 6, 2025 | $150M | Nasdaq | Kingswood | Deal announced: Carvix, Inc. |
| Central Tactical Acquisitions Inc. | RUBI | Nov 6, 2025 | — | Nasdaq Capital Market | Maxim Group | Searching for a target |
| Westin Acquisition Corp | WSTNU | Nov 5, 2025 | $50M | Nasdaq Capital Market | A.G.P. | Deal announced: First Choice Healthcare Solutions, Inc. |
| Cantor Equity Partners V, Inc. | CEPV | Nov 4, 2025 | $220M | Nasdaq Global Market | Cantor | Searching for a target |
| Viking Acquisition Corp. I | — | Oct 31, 2025 | $200M | New York Stock Exchange | Clear Street | Merger completed: NorthStar Earth & Space Inc. |
| Insight Digital Partners II | DYOR | Oct 30, 2025 | $150M | Nasdaq Global Market | — | Searching for a target |
| Dynamix Corp III | DNMX | Oct 30, 2025 | $175M | Nasdaq Global Market | Dynamix | Searching for a target |
| Apex Treasury Corp | APXT | Oct 28, 2025 | $300M | Nasdaq Global Market | — | Deal announced: TECfusions, Inc. |
| LaFayette Acquisition Corp. | LAFA | Oct 24, 2025 | $100M | Nasdaq | — | Searching for a target |
| Calisa Acquisition Corp | ALIS | Oct 22, 2025 | $60M | Nasdaq | — | Deal announced: Goodvision AI Inc. |
| Harvard Ave Acquisition Corp | HAVA | Oct 22, 2025 | — | — | — | Deal announced: OAG International Ltd |
| Miluna Acquisition Corp | MMTX | Oct 22, 2025 | $60M | Nasdaq Global Market | Lykos International | Deal announced: CADV Ventures S.A. (via parent Kukugan Invest) |
| Lake Superior Acquisition Corp | LKSP | Oct 7, 2025 | $100M | — | — | Deal announced: Openmarkets Group Pty Ltd |
| AI Infrastructure Acquisition Corp. | AIIA | Oct 6, 2025 | $120M | New York Stock Exchange | Maxim Group | Searching for a target |
| Range Capital Acquisition Corp II | RNGT | Oct 6, 2025 | $200M | Nasdaq | BTIG | Searching for a target |
| GigCapital8 Corp. | GIW | Oct 6, 2025 | $220M | Nasdaq Global Market | — | Deal announced: Quantisimo Corp. (WISeKey/SEALSQ quantum platform) |
| Rice Acquisition Corp 3 | KRSP | Oct 2, 2025 | $300M | New York Stock Exchange | Barclays | Searching for a target |
| AA Mission Acquisition Corp. II | YCY | Oct 2, 2025 | $100M | NYSE | — | Searching for a target |
| StoneBridge Acquisition II Corp | APAC | Oct 1, 2025 | $50M | — | Scieniti | Searching for a target |
| Bain Capital GSS Investment Corp. | BCSS | Sep 30, 2025 | $400M | New York Stock Exchange | Bain Capital | Searching for a target |
| BTC Development Corp. | BDCI | Sep 30, 2025 | $220M | Nasdaq Global Market | Stifel | Searching for a target |
| Battery Future Acquisition Corp | — | Sep 30, 2025 | — | Nasdaq | — | Merger completed: Class Over Inc. |
| American Exceptionalism Acquisition Corp. A | AEXA | Sep 29, 2025 | $300M | New York Stock Exchange | Supporters of Social Capital | Searching for a target |
| FutureCrest Acquisition Corp. | FCRS | Sep 26, 2025 | $250M | New York Stock Exchange | Futu | Searching for a target |
| Emmis Acquisition Corp. | — | Sep 26, 2025 | $100M | Nasdaq | I-Bankers | Liquidated |
| Drugs Made In America Acquisition II Corp. | DMII | Sep 25, 2025 | $500M | Nasdaq Global Market | Cantor | Searching for a target |
| Galata Acquisition Corp. II | LATA | Sep 19, 2025 | $150M | Nasdaq | BTIG | Searching for a target |
| Chenghe Acquisition III Co. | CHEC | Sep 17, 2025 | $110M | Nasdaq Global Market | — | Searching for a target |
| OTG Acquisition Corp. I | OTGA | Sep 12, 2025 | $200M | Nasdaq | — | Searching for a target |
| Trailblazer Acquisition Corp. | BLZR | Sep 11, 2025 | $240M | Nasdaq Global Market | Cantor | Searching for a target |
| Talon Capital Corp. | TLNC | Sep 9, 2025 | $225M | Nasdaq | — | Searching for a target |
| GSR IV Acquisition Corp. | GSRF | Sep 5, 2025 | $200M | Nasdaq Global Market | Benchmark | Searching for a target |
| M3-Brigade Acquisition VI Corp. | MBVI | Aug 27, 2025 | $300M | Nasdaq | III Partners | Searching for a target |
| CSLM Digital Asset Acquisition Corp III, Ltd | KOYN | Aug 27, 2025 | $200M | — | — | Deal announced: First Digital Group Ltd. |
| Cantor Equity Partners IV, Inc. | CEPF | Aug 21, 2025 | $400M | Nasdaq Global Market | Cantor | Searching for a target |
| Highview Merger Corp. | HVMC | Aug 12, 2025 | $200M | Nasdaq Global Market | President of Marubeni Growth Capital | Searching for a target |
| McKinley Acquisition Corp | MKLYU | Aug 12, 2025 | $150M | Nasdaq Global Market | — | Deal announced: Space-Eyes, Inc. |
| Starry Sea Acquisition Corp | SSEAU | Aug 8, 2025 | $50M | — | — | Deal announced: SuperiorMed Healthcare Group (SuperiorMed Holdings Limited) |
| Quantumsphere Acquisition Corp | QUMS | Aug 7, 2025 | $72M | Nasdaq Global Market | Kingswood | Deal announced: Fortune Favor Technology Inc. |
| HCM III Acquisition Corp. | HCMA | Aug 4, 2025 | $220M | Nasdaq | Cantor | Searching for a target |
| D. Boral ARC Acquisition I Corp. | — | Aug 1, 2025 | $250M | Nasdaq | D. Boral Capital | Merger completed: Exascale Labs Inc. |
| A Paradise Acquisition Corp. | — | Jul 30, 2025 | $200M | Nasdaq | — | Merger completed: Enhanced Ltd |
| Pyrophyte Acquisition Corp. II | PAII | Jul 17, 2025 | $175M | New York Stock Exchange | — | Deal announced: Sakuu Corporation |
| Solarius Capital Acquisition Corp. | SOCA | Jul 16, 2025 | $150M | Nasdaq Global Market | Cambridge International Partners | Searching for a target |
| Silver Pegasus Acquisition Corp. | SPEG | Jul 15, 2025 | $100M | Nasdaq | — | Searching for a target |
| Globa Terra Acquisition Corp | GTERA | Jul 9, 2025 | — | Nasdaq Global Market | — | Searching for a target |
| EQV Ventures Acquisition Corp. II | EVAC | Jul 3, 2025 | $420M | New York Stock Exchange | BTIG | Searching for a target |
| Origin Investment Corp I | ORIQ | Jul 3, 2025 | $60M | Nasdaq | ThinkEquity | Searching for a target |
| 1RT Acquisition Corp. | ONCH | Jul 2, 2025 | $150M | Nasdaq Global Market | RoundTable Partners | Searching for a target |
| Vendome Acquisition Corp I | VNME | Jul 2, 2025 | $200M | Nasdaq | D. Boral Capital | Searching for a target |
| NMP Acquisition Corp. | NMPAU | Jul 2, 2025 | $100M | Nasdaq | — | Deal announced: GTS Holdings, LLC (Gibson Technical Services) |
| Indigo Acquisition Corp. | INAC | Jul 1, 2025 | $100M | Nasdaq | Experienced Partners | Searching for a target |
| Cohen Circle Aqusition Corp. II | CCII | Jul 1, 2025 | $220M | Nasdaq | Clear Street | Searching for a target |
| FIGX Capital Acquisition Corp. | FIGX | Jun 30, 2025 | $131M | Nasdaq | FIGX Capital | Searching for a target |
| Yorkville Acquisition Corp. | MCGA | Jun 30, 2025 | $150M | Nasdaq Global Market | — | Searching for a target |
| LightWave Acquisition Corp. | LWAC | Jun 26, 2025 | $187.5M | Nasdaq | BTIG | Searching for a target |
| Cantor Equity Partners III, Inc. | — | Jun 26, 2025 | $240M | Nasdaq Global Market | Cantor | Merger completed: AIR Limited (Jersey) |
| Oxley Bridge Acquisition Ltd | OBA | Jun 25, 2025 | $220M | Nasdaq | Oxley Bridge Acquisition | Searching for a target |
| Pioneer Acquisition I Corp | PACH | Jun 20, 2025 | $220M | Nasdaq | Cantor | Deal announced: Green AI Cloud, Inc. |
| Axiom Intelligence Acquisition Corp 1 | AXINU | Jun 18, 2025 | $175M | Nasdaq Global Market | — | Deal announced: Terra Quantum AG |
| BEST SPAC I Acquisition Corp. | BSAAU | Jun 13, 2025 | $55M | Nasdaq Capital Market | — | Deal announced: HDEducation Group Limited |
| Blue Acquisition Corp | BACCU | Jun 13, 2025 | $175M | Nasdaq Global Market | — | Deal announced: Blockfusion USA, Inc. (Blockfusion Data Centers) |
| Blue Water Acquisition Corp. III | BLUW | Jun 11, 2025 | $220M | Nasdaq | BTIG | Searching for a target |
| CIrcle Acquisition Public Ltd Co | CRCL | Jun 5, 2025 | $1.05B | New York Stock Exchange | — | Searching for a target |
| JENA ACQUISITION Corp II | JENA | May 29, 2025 | $200M | NYSE | — | Searching for a target |
| Wintergreen Acquisition Corp. | WTGUU | May 29, 2025 | $50M | — | — | Deal announced: KIKA Technology Inc. |
| Kochav Defense Acquisition Corp. | KCHV | May 28, 2025 | $220M | Nasdaq Global Market | — | Searching for a target |
| ChampionsGate Acquisition Corp | CHPG | May 28, 2025 | $65M | — | Clear Street | Deal announced: Futuremain Co., Ltd. |
| Cal Redwood Acquisition Corp. | CRAQ | May 23, 2025 | $200M | Nasdaq Global Market | — | Searching for a target |
| Pelican Acquisition Corp | — | May 23, 2025 | $75M | Nasdaq Global Market | EarlyBird | Merger completed: Greenland Exploration Limited / March GL Company |
| Oyster Enterprises II Acquisition Corp | OYSE | May 22, 2025 | — | Nasdaq | BTIG | Searching for a target |
| ProCap Acquisition Corp | PCAP | May 22, 2025 | $220M | Nasdaq Global Market | — | Searching for a target |
| Armada Acquisition Corp. II | XRPN | May 21, 2025 | $200M | Nasdaq | Northland | Merger completed: Evernorth (XRP treasury company) |
| Columbus Circle Capital Corp. I | — | May 19, 2025 | $220M | Nasdaq Global Market | Santander | Merger completed: ProCap BTC, LLC |
| WEN Acquisition Corp | WENN | May 16, 2025 | $261M | Nasdaq Global Market | Cantor | Searching for a target |
| Renatus Tactical Acquisition Corp I | RTAC | May 16, 2025 | $210M | Nasdaq Global Market | Clear Street | Searching for a target |
| Thayer Ventures Acquisition Corp II | TVAI | May 15, 2025 | $175M | Nasdaq | — | Searching for a target |
| Churchill Capital Corp X | — | May 15, 2025 | $360M | Nasdaq Global Market | BTIG | Merger completed: ColdQuanta, Inc. d/b/a Infleqtion |
| Perimeter Acquisition Corp. I | PMTR | May 14, 2025 | $210M | Nasdaq | Thiel Capital | Searching for a target |
| EGH Acquisition Corp. | EGHAU | May 9, 2025 | $150M | Nasdaq Global Market | Cohen & Company Capital Markets | Deal announced: Hecate Energy Group, LLC |
| Dune Acquisition Corp II | CCAQ | May 8, 2025 | $125M | Nasdaq Global Market | Clear Street | Searching for a target |
| Gores Holdings X, Inc. / CI | GTEN | May 5, 2025 | $312M | Nasdaq Global Market | Executive Officer of The Gores | Searching for a target |
| Cartesian Growth Corporation III | — | May 5, 2025 | $240M | Nasdaq Global Market | CGC III Sponsor | Merger completed: Factorial Inc. |
| Cantor Equity Partners II, Inc. | — | May 2, 2025 | $240M | Nasdaq Global Market | Cantor | Merger completed: Securitize, Inc. |
| Copley Acquisition Corp | COPL | May 1, 2025 | $150M | NYSE | — | Searching for a target |
| Republic Digital Acquisition Co | RDAG | May 1, 2025 | — | Nasdaq Global Market | — | Searching for a target |
| Berto Acquisition Corp. | TACO | May 1, 2025 | $261M | Nasdaq Global Market | Cohen & Company Capital Markets | Searching for a target |
| Lakeshore Acquisition III Corp. | LCCC | Apr 30, 2025 | $60M | Nasdaq Global Market | A.G.P. | Searching for a target |
| Digital Asset Acquisition Corp. | DAAQ | Apr 30, 2025 | $150M | Nasdaq Global Market | Cohen & Company Capital Markets | Deal announced: Titan Strategics Holdings Ltd |
| Real Asset Acquisition Corp. | — | Apr 30, 2025 | $150M | Nasdaq Global Market | Cohen & Company Capital Markets | Merger completed: IQM Quantum Computers Oyj (f/k/a IQM Finland Oy) |
| Crane Harbor Acquisition Corp. | — | Apr 25, 2025 | $200M | Nasdaq Global Market | JonesTrading Institutional Services | Merger completed: Xanadu Quantum Technologies Limited |
| Inflection Point Acquisition Corp. III | — | Apr 25, 2025 | $220M | Nasdaq Global Market | — | Merger completed: Air Water Ventures Holdings Limited |
| Texas Ventures Acquisition III Corp | TVA | Apr 23, 2025 | $200M | Nasdaq Global Market | Clear Street | Deal announced: Plus Automation, Inc. (PlusAI) |
| Titan Acquisition Corp. | TACH | Apr 10, 2025 | $240M | Nasdaq | — | Deal announced: OpenPayd Holdings Limited |
| Soulpower Acquisition Corp. | SOUL | Apr 3, 2025 | $220M | New York Stock Exchange | Soulpower Acquisition Sponsor | Deal announced: SWB LLC (via Pubco SWB Holdings) |
| Siddhi Acquisition Corp (Cayman Islands) | SDHI | Apr 1, 2025 | $240M | Nasdaq Global Market | Table of Contents Siddhi Capital | Searching for a target |
| UY Scuti Acquisition Corp. | UYSC | Apr 1, 2025 | $50M | Nasdaq Capital Market | — | Deal announced: Isdera Group Limited (parent of Xinghui Automotive Technology (Hainan) Co., Ltd) |
| Gesher Acquisition Corp. II | GSHR | Mar 21, 2025 | $125M | Nasdaq Global Market | BTIG | Searching for a target |
| Quartzsea Acquisition Corp | QSEA | Mar 19, 2025 | $72M | Nasdaq Global Market | Kingswood | Deal announced: Eight Directions Technology Limited |
| NewHold Investment Corp. III | — | Mar 3, 2025 | $175M | — | — | Merger completed: newcleo plc |
| Fifth Era Acquisition Corp I | FERA | Feb 28, 2025 | $200M | Nasdaq | Cantor | Deal announced: SMT Holdings Limited |
| Live Oak Acquisition Corp. V | — | Feb 28, 2025 | $200M | Nasdaq | Live Oak Merchant Partners | Merger completed: Teamshares Inc. |
| Rithm Acquisition Corp. | RAC | Feb 27, 2025 | $200M | New York Stock Exchange | Fortress Investment | Searching for a target |
| Artius II Acquisition Inc. | — | Feb 14, 2025 | $200M | Nasdaq | Artius II Acquisition | Liquidated |
| Inflection Point Acquisition Corp. V | — | Feb 13, 2025 | $75M | Nasdaq Global Market | European Dismantler | Merger completed: GOWell Technology Limited |
| Archimedes Tech SPAC Partners II Co. | ATII | Feb 11, 2025 | $200M | Nasdaq Global Market | BTIG | Deal announced: Forge Nano, Inc. |
| RedHawk Acquisition I Corp. | — | Feb 11, 2025 | — | — | — | Liquidated |
| K&F Growth Acquisition Corp. II | KFII | Feb 6, 2025 | $250M | Nasdaq Global Market | — | Searching for a target |
| Stellar V Capital Corp. (Cayman Islands) | SVCC | Jan 30, 2025 | $150M | — | BTIG | Searching for a target |
| Drugs Made In America Acquisition Corp. | DMAA | Jan 29, 2025 | $200M | Nasdaq | Clear Street | Deal announced: Power Analytics Global Corp |
| FG Merger II Corp. | — | Jan 29, 2025 | $80M | Nasdaq Global Market | ThinkEquity | Merger completed: BOXABL Inc. (Nevada) |
| Columbus Acquisition Corp | — | Jan 24, 2025 | $60M | — | — | Merger completed: WISeSat.Space Corp. |
| Hennessy Capital Investment Corp. VII | — | Jan 17, 2025 | $175M | Nasdaq Global Market | Clear Street | Merger completed: ONE Nuclear Energy LLC |
| Ribbon Acquisition Corp. | RIBB | Jan 16, 2025 | $50M | — | — | Deal announced: DRC Medicine Ltd |
| Plum Acquisition Corp. IV | PLMK | Jan 15, 2025 | $150M | Nasdaq | Benjamin | Deal announced: Controlled Thermal Resources Holdings Inc. |
| Cantor Equity Partners I, Inc. | CEPO | Jan 7, 2025 | $200M | Nasdaq Global Market | Cantor | Searching for a target |