SPAC · Merger completed
PowerUp Acquisition Corp.
Business combination with Aspire Biopharma, Inc.
PowerUp Acquisition Corp. is a blank-check company (SPAC) that raised $250M in its initial public offering on Feb 22, 2022, listing on Nasdaq Global Market. It completed its business combination with Aspire Biopharma, Inc. on Feb 17, 2025; the combined company is Aspire Biopharma Holdings, Inc. (ASBP). Fast Company led the IPO, with Altimar Acquisition. McDermott Will & Emery advised the SPAC and Proskauer Rose advised the underwriters on the IPO.
- Status
- Merger completed
- IPO date
- Feb 22, 2022
- IPO size
- $250M
- IPO exchange
- Nasdaq Global Market
- Target
- Aspire Biopharma, Inc.
- Announced
- Sep 6, 2024
- Closed
- Feb 17, 2025
- Combined company
- Aspire Biopharma Holdings, Inc. (ASBP)
- IPO underwriters
- Fast Company and Altimar Acquisition
- SPAC counsel (IPO)
- McDermott Will & Emery and Maples and Calder
- Underwriters' counsel (IPO)
- Proskauer Rose
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Shareholder vote date
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Feb 22, 2022
- Deal announcement (8-K) Sep 6, 2024
- All filings on EDGAR CIK 1847345
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