Upcoming SPACs
Vendome Acquisition I (VNMEU US) is a Cayman Islands blank check company. It intends to acquire one or more businesses with an aggregate enterprise value between $500 million and $1 billion, focusing on the consumer sector in North America, Southeast Asia, and Europe. Vendome Acquisition I plans to list on NASDAQ on July 2, 2025, offering 20.0 million units at $10.00 each, raising $200.0 million (USD $200.0 million). The reported market capitalization is $187.5 million.
Past SPACs
Indigo Acquisition Corp. (INACU US) is a Cayman Islands-domiciled blank check company. The company plans to target businesses with strong fundamentals and significant upside potential for a future merger or acquisition. Indigo Acquisition Corp. plans to list on the NASDAQ on July 1, 2025, offering 10.0 million units at a price of $10.00 per unit, raising $100.0 million. The company has a reported market capitalization of $128.5 million. According to its filings, the company is a Special Purpose Acquisition Company (SPAC) and the proceeds from the IPO are intended to be used for a future business combination. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon the completion of an initial business combination.
Cohen Circle Acquisition Corp. II (CCIIU US) is a Cayman Islands-domiciled blank check company created to target businesses in the financial technology (FinTech) sector. Cohen Circle Acquisition Corp. II plans to list on the Nasdaq Global Market on July 1, 2025, offering 22.0 million units at $10.00 per unit to raise $220.0 million. The company has a reported market capitalization of $312.0 million. According to its prospectus, the company is a Special Purpose Acquisition Company (SPAC) and intends to use the net proceeds from the IPO to effect a merger, share exchange, or similar business combination. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant.
Yorkville Acquisition Corp. (Ticker: YORKU US) is a Cayman Islands-domiciled company structured as a special-purpose acquisition company (SPAC). The company intends to focus its search for a target business in the telecommunications, media, and technology (TMT) sector. Yorkville Acquisition Corp. plans to list on the NASDAQ on June 27, 2025, planning to offer 15.0 million units at a price of $10.00 each, raising $150.0 million. The company has a post-pricing market capitalization of approximately $205.25 million. According to its filings, the company is a blank check company, and the proceeds from the IPO are intended to be used to fund a future merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
FIGX Capital Acquisition Corp. (FIGXU US) is a Cayman Islands blank check company focusing on identifying businesses in the financial industry, with an emphasis on private wealth/asset managers looking to become multi-asset fund managers. FIGX Capital Acquisition Corp. plans to list on NASDAQ on June 27, 2025, offering 13.1 million units at $10.00 each, raising $131.0 million (USD $131.0 million). The company's reported market capitalization is $169.29 million. As a SPAC, proceeds are reportedly placed into a trust account for a future business combination, which typically involves a merger or acquisition.
Wintergreen Acquisition Corp. (Ticker: WTGUU US) is a Cayman Islands blank check company intending to target the Technology, Media, and Telecommunications industry in Asia, including China. It will reportedly search for companies involved in intelligent chips, 5G, integrated circuitry, and other emerging technologies. Wintergreen Acquisition Corp. plans to list on NASDAQ on 5/29/2025, offering 5.0 million units at $10.00 each, raising $50.0 million. The company reportedly plans to use the IPO proceeds for an initial business combination. Each unit consists of one share of common stock and one right to receive one-eighth of a share upon the consummation of an initial business combination. According to sources, its market capitalization is $65.45 million.
Kochav Defense Acquisition Corp. (Ticker: KOXXU US) is a Cayman Islands company, a newly organized blank check company focusing on acquiring a business in the defense and aerospace industries. Kochav Defense Acquisition Corp. plans to list on NASDAQ on 5/28/2025, offering 22.0 million units at $10.00 each, raising $220.0 million. The company reportedly plans to use the IPO proceeds for an initial business combination in its target sectors. Each unit consists of one Class A ordinary share and one right to receive one-seventh of a Class A ordinary share upon the consummation of an initial business combination. According to sources, the company has a market capitalization of $224.8 million. The IPO was priced on May 27, 2025.
ChampionsGate Acquisition (Ticker: CHPGU US) is a Cayman Islands company, a newly organized blank check company or special-purpose acquisition company (SPAC) that has not selected a sector or geographic region of interest. ChampionsGate Acquisition plans to list on NASDAQ on 5/28/2025, planning to offer 6.5 million units at $10.00 each, raising $65.0 million. ChampionsGate Acquisition reportedly plans to use the IPO proceeds for a future business combination. Each unit consists of one Class A ordinary share and one right to receive one-eighth of one Class A ordinary share. According to the provided information, the company has a market capitalization of $87.0 million. The IPO was priced on May 27, 2025.
Pelican Acquisition Corp. (Ticker: PELIU US) is a Cayman Islands company that is a special purpose acquisition company (SPAC) intending to primarily focus on target businesses within the technology industry globally. Pelican Acquisition Corp. plans to list on NASDAQ on 5/23/2025, planning to offer 7.5 million units at $10.00 each, raising $75.0 million. The company has a market capitalization of $105.06 million. Pelican Acquisition Corp. reportedly plans to use the IPO proceeds for a future business combination, as each unit consists of one share of common stock and one right to receive one-tenth of a share upon consummation of the initial business combination. The company intends to actively look for suitable investment opportunities with an enterprise value of approximately $180 million to $1 billion.
Cal Redwood Acquisition Corp. (Ticker: CRAQU US) is a Cayman Islands company that is a special purpose acquisition company (SPAC) intending to focus its efforts on businesses in the technology, media and telecommunications (“TMT”) sector as well as sectors that are being transformed via technology disruption. Cal Redwood Acquisition Corp. plans to list on NASDAQ on 5/23/2025, planning to offer 20.0 million units at $10.00 each, raising $200.0 million. The company has a market capitalization of $272.66 million. Cal Redwood Acquisition Corp. reportedly plans to use the IPO proceeds for a future business combination, as each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon the consummation of an initial business combination. The management team has previous experience with Bow Capital Management LLC and TIBCO Software Inc., and was involved with BowX Acquisition Corp., which completed a business combination with WeWork Inc.
Oyster Enterprises II Acquisition Corp. (Ticker: OYEAU US) is a Cayman Islands incorporated blank check company. Oyster Enterprises II Acquisition Corp. intends to focus on industries aligning with its management's background, including technology, media, entertainment, sports, consumer products, financial services, real estate, and hospitality, as well as AI companies and businesses within the digital assets and blockchain ecosystem. The company plans to list on NASDAQ on May 22, 2025, offering 22.0 million units at $10.00 each, raising $220.0 million. Oyster Enterprises II Acquisition Corp. reportedly plans to use the IPO proceeds for a future business combination. Each unit consists of one Class A ordinary share and one right to acquire one-tenth of a share upon the consummation of an initial business combination.
EGH Acquisition Corp. (Ticker: EGHAU US) is a Cayman Islands incorporated blank check company, also known as a special-purpose acquisition company (SPAC). EGH Acquisition Corp. intends to focus its search for target companies within the energy transition sector, particularly those involved in modernizing grid infrastructure, managing power, enhancing renewable energy capacity, and improving electricity transmission efficiency. The company plans to list on NASDAQ on May 9, 2025. It is offering 15.0 million units at $10.00 each, aiming to raise $150.0 million. The market capitalization at the offer is $155.0 million. According to the prospectus, the company is interested in firms implementing advanced technologies for the aging grid and meeting increased energy demands driven by factors like AI and electric vehicles.
Cartesian Growth Corp. III (Ticker: CGCTU US) is a Cayman Islands incorporated company structured as a blank check company. This Special Purpose Acquisition Company (SPAC) intends to focus on seeking high-growth businesses with proven or potential transnational operations, capitalizing on the experience of its management team and sponsor, an affiliate of Cartesian Capital Group, LLC. Cartesian Growth Corp. III plans to list its units on the NASDAQ exchange on May 2, 2025. The company offered 24.0 million units at $10.00 per unit, raising $240.0 million USD. Each unit consists of one share of common stock and one-half of a redeemable warrant. It has a reported market capitalization of $250.0 million USD. Proceeds are intended for its initial business combination.
Cantor Equity Partners II (Ticker: CEPT US) is a Cayman Islands incorporated company operating as a stock-only Special Purpose Acquisition Company (SPAC). It intends to focus on acquiring a target business within the financial services, healthcare, real estate services, technology, or software sectors, leveraging its affiliation with Cantor Fitzgerald. Cantor Equity Partners II plans its IPO on the NASDAQ exchange on May 2, 2025. The company offered 24.0 million shares priced at $10.00 each, raising a total of $240.0 million USD. It has a reported market capitalization of $210.0 million USD. Proceeds from the IPO are intended to finance a future business combination. This SPAC is affiliated with Cantor Fitzgerald, a diversified financial and real estate services company.
Gores Holdings X Corp. (Ticker: GTENU US) is a Cayman Islands incorporated Special Purpose Acquisition Company (SPAC). This blank check company intends to pursue a business combination targeting various sectors such as industrials, technology, telecom, media and entertainment, business services, healthcare, and consumer products, utilizing the network of its sponsor, The Gores Group. Gores Holdings X Corp. plans to list its units on the NASDAQ exchange on May 2, 2025. The IPO consists of 31.2 million units priced at $10.00 per unit, aiming to raise $312.0 million USD. Each unit comprises one share of common stock and one-fourth of a warrant. The company has a reported market capitalization of $379.25 million USD. Proceeds are intended to fund a future acquisition.
Copley Acquisition Corp. (Ticker: COPLU US) is a Cayman Islands-incorporated special purpose acquisition company. Copley Acquisition Corp. plans to list its units on the NYSE on April 30, 2025. The company intends to offer 15.0 million units at $10.00 per unit, aiming to raise $150.0 million (USD). According to filings, each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Copley Acquisition Corp. has an estimated market capitalization of $205.38 million (USD). The SPAC plans to use the IPO proceeds to fund a future business combination, reportedly focusing on identifying companies in the technology or lifestyle sectors, particularly within the Asia Pacific (excluding the PRC) and North American regions.
Republic Digital Acquisition Co. (Ticker: RDAGU US) is a Cayman Islands-incorporated blank check company, operating as a special purpose acquisition company (SPAC). Republic Digital Acquisition Co. is listing its units on the NASDAQ Global Market on May 1, 2025. The company priced its upsized IPO on April 30, 2025, offering 26.4 million units at $10.00 per unit, raising $264.0 million (USD). Each unit reportedly consists of one Class A ordinary share and one-half of one redeemable warrant. The SPAC has an estimated market capitalization of $275.0 million (USD). Republic Digital Acquisition Co. intends to use the IPO proceeds to fund a business combination, planning to seek target companies that provide support, funding, tools, or infrastructure in the fintech, software, and cryptocurrency sectors.
Lakeshore Acquisition III Corp. (Ticker: LCCCU US) is a Cayman Islands-incorporated blank check company, structured as a special purpose acquisition company (SPAC). Lakeshore Acquisition III Corp. listed its units on NASDAQ on April 30, 2025. The company offered 6.0 million units priced at $10.00 each, raising $60.0 million (USD). According to the offering details, each unit consists of one share of common stock and one right to acquire one-sixth of a share upon the completion of an initial business combination. The SPAC has an estimated market capitalization of $79.92 million (USD). Lakeshore Acquisition III Corp. intends to use the IPO proceeds to fund a future acquisition and states it will seek potential target businesses in North America, South America, Europe, or Asia, without limiting its search to a specific industry.
Berto Acquisition Corp. (Ticker: TACOU US) is a Cayman Islands-incorporated blank check company, commonly known as a special purpose acquisition company (SPAC). Berto Acquisition Corp. listed its units on NASDAQ on April 30, 2025. The company offered 26.1 million units at $10.00 per unit, raising $261.0 million (USD). Each unit reportedly consists of one ordinary share and one-half of one redeemable warrant. The SPAC has an estimated market capitalization of $323.5 million (USD). Berto Acquisition Corp. intends to use the proceeds from the IPO to acquire a company, stating it will particularly examine opportunities in artificial intelligence (AI), wellness, longevity, and aesthetics, targeting businesses with enterprise values between $200 million and $1.5 billion. The SPAC is associated with entrepreneur Harry You.
Real Asset Acquisition Corp. (Ticker: RAAQU US) is a Cayman Islands incorporated blank check company planning to focus its search for acquisitions on sectors underpinned by real assets, such as metals and mining, real estate, and infrastructure. Real Asset Acquisition Corp. is expected to list on NASDAQ on April 29, 2025, offering 15.0 million units priced at $10.00 each, raising $150.0 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, revised up from one-fourth in an earlier filing. According to its prospectus, the company intends to use the IPO proceeds for a future business combination within its target sectors. The company has a reported market capitalization of $200.0 million. The SPAC is led by Peter Ort and Jeff Tuder, who are concurrently involved with Digital Asset Acquisition Corp. and previously with the Concord Acquisition Corp series. Cohen & Company Capital Markets and Clear Street are joint managers for the offering.
Digital Asset Acquisition Corp. (Ticker: DAAQU US) is a Cayman Islands incorporated blank check company focusing its search for acquisitions on the digital asset and cryptocurrency sectors. Digital Asset Acquisition Corp. is expected to list on NASDAQ on April 29, 2025, offering 15.0 million units priced at $10.00 each, aiming to raise $150.0 million. Each unit consists of one ordinary share and one-half of one redeemable warrant. According to its prospectus, the company intends to use the IPO proceeds for a future business combination within its target sectors. The company has a reported market capitalization of $200.0 million. The management team, including co-chairmen Peter Ort and Jeff Tuder, and sponsor affiliates have prior experience with several SPACs, including the Concord Acquisition Corp series. Cohen & Company Capital Markets and Clear Street are joint managers for the offering.
Inflection Point Acquisition Corp. III (Ticker: IPCXU US) is a Cayman Islands incorporated blank check company focused on searching for North American and European businesses in disruptive growth sectors for an initial business combination. Inflection Point Acquisition Corp. III plans to list on NASDAQ on April 25, 2025. The company offered 22.0 million units priced at $10.00 each, raising $220.0 million. Each unit reportedly consists of one Class A share and one right redeemable for one-tenth of a Class A share upon a business combination. According to its prospectus, Inflection Point Acquisition Corp. III intends to use the IPO proceeds for a future business combination. The company has a market capitalization of approximately $226.78 million. The SPAC is led by Michael Blitzer, founder of Kingstown Capital Management. Cantor acted as the manager for the offering.
Crane Harbor Acquisition Corp. (Ticker: CHACU US) is a Cayman Islands incorporated blank check company seeking a business combination, potentially focusing on opportunities in the technology, real assets, and energy sectors, particularly those involving transformative technologies. Crane Harbor Acquisition Corp. priced its IPO and is expected to list on NASDAQ on April 25, 2025. The company offered 20.0 million units at $10.00 each, raising $200.0 million, an increase from its initial target size. Each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A share upon the consummation of an initial business combination. According to its prospectus, the company intends to use the IPO proceeds for such a future transaction. The company has a reported market capitalization of $272.67 million. Cohen & Company Capital Markets and Jones acted as joint managers for the offering.
Texas Ventures Acquisition III Corp. (Ticker: TVACU US) is a Cayman Islands incorporated blank check company focusing its acquisition search on industrial technology targets, particularly companies applying advanced technologies like software, IoT, communications, and energy transition solutions within the industrial sector. Texas Ventures Acquisition III priced its IPO and was expected to list on NASDAQ on April 23, 2025. The company offered 20.0 million units at $10.00 each, raising $200.0 million. The company reportedly aims to find a target with an enterprise value between $400 million and $1 billion. According to its prospectus, the proceeds are intended for a future business combination. The company has a reported market capitalization of $266.67 million. Cohen & Company Capital Markets and Clear Street served as joint managers for the offering.
New Providence Acquisition Corp. III/Cayman (Ticker: NPACU US) is a Cayman Islands incorporated blank check company seeking to acquire and operate a business, primarily focusing on the consumer industry, although targets in other sectors may be considered. New Providence Acquisition Corp. III priced its IPO and was expected to list on NASDAQ on April 24, 2025. The company offered 26.1 million units at $10.00 each, raising $261.0 million. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. According to its prospectus, the company intends to use the IPO proceeds for a future business combination. The company has a reported market capitalization of $269.53 million. The SPAC is led by co-CEOs Alexander Coleman and Gary Smith, who previously led NPA I and NPA II. Cantor acted as the manager for the offering.
Soulpower Acquisition Corporation (Ticker: SOULU US), a Cayman Islands company operating as a blank check company focused on insurance services and retirement savings businesses. Soulpower Acquisition Corp. plans to list on NYSE on April 2, 2025, offering 20 million units at $10.00 per unit, aiming to raise $200 million. The company, with an estimated market capitalization of $241.03 million, is reportedly backed by Cantor Fitzgerald as the underwriter. The IPO proceeds are expected to be used for a business combination.
Siddhi Acquisition Corp. (Ticker: SDHIU US), a Cayman Islands-incorporated blank check company, plans to list on NASDAQ Global Market on April 1, 2025. Siddhi Acquisition priced its IPO of 24.0 million units at $10.00 per unit, raising $240 million. Each unit consists of one Class A ordinary share and one right to acquire one-tenth of a Class A ordinary share. The company's market capitalization at offer is $240 million. Siddhi Acquisition will seek a business combination with high-growth businesses. Santander acted as the sole book-running manager for the offering. The offering is expected to close on April 2, 2025. The use of proceeds is to effect a business combination.
UY Scuti Acquisition Corp. (Ticker: UYSCU US), a Cayman Islands-incorporated blank check company (SPAC), plans to list on NASDAQ on March 28, 2025. UY Scuti is offering 5.0 million units at $10.00 per unit, aiming to raise $50.0 million. Each unit comprises one share of stock and a right to acquire one-fifth of a share upon business combination. This SPAC will target companies in Asia, including the People’s Republic of China, Hong Kong, and Macau. Maxim Group is managing the IPO. As a blank check company, UY Scuti has no revenue or net income prior to identifying a target. The company's market capitalization is $52.28 million.
NewHold Investment Corp. III (Ticker: NHICU US), a Cayman Islands-incorporated blank check company (SPAC), listed on NASDAQ on February 28, 2025. The company offered 17.5 million units at $10.00 each, raising $175.0 million. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. NewHold Investment Corp. III intends to acquire one or more businesses with an enterprise value of $700 million or greater, focusing on industrial technology businesses related to "Industry 4.0" themes like transportation, logistics, manufacturing, grid resiliency, and environmental services. The IPO was managed by BTIG. As is typical for SPACs pre-merger, the company reported no revenue or net income, market capitalization is 182.13 million.
Live Oak Acquisition Corp. V (Ticker: LOKVU US), a Cayman Islands-incorporated blank check company (SPAC), listed on NASDAQ on February 28, 2025. The company offered 20.0 million units at $10.00 each, raising $200.0 million. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. Live Oak Acquisition Corp. V may pursue a business combination in any industry or region, but expects to focus on companies with an enterprise value of $500 million to $2 billion. The IPO was managed by Santander. As a SPAC, the company reported no revenue or net income before its merger.
Fifth Era Acquisition Corp. I (Ticker: FERAU US), a Cayman Islands-incorporated blank check company (SPAC) with U.S. headquarters in California, listed on NASDAQ on February 28, 2025. The company offered 20.0 million units at $10.00 each, raising $200.0 million. Each unit consists of one Class A ordinary share and a right to receive one-tenth of a share upon completion of a business combination. Fifth Era intends to target technology-enabled businesses, including internet, enterprise technology, software (including AI), FinTech, and blockchain. The IPO was managed by Cantor. The company reported no revenue or net income, as is typical for SPACs before a merger, market cap is $272.67 million.
Disclaimer
The IPOX Deal Calendar may not provide a complete list of all global initial public offerings (IPOs). Deals presented are subject to minimum market capitalization requirement and minimum deal size requirement. Companies pursing an IPO on Over-The-Counter (OTC) markets, best efforts offerings, closed-end fund (CEF), mainland China stock (A share) and Indian stocks are not included. Informations about the companies may contain errors. Images are for illustrative purposes only. Please refer to the Legal Disclaimer.