Tournament Update of the SPAC Sixteen Matches
We have a pretty decent match going on between BofA and Chardan. Chardan took the lead this morning, but BofA came back and is now leading 57% to 43%. Is Chardan the Cinderella Story of this Tournament? There’s still time to cast your vote….
In other surprising news, B. Riley is handily beating J.P. Morgan right now with 60% of the votes to JPM’s 40%. (Although maybe not so surprising since B. Riley has been on more recent SPAC transactions than JPM)
Credit Suisse and EarlyBirdCapital have commanding leads with both rounding up 100% of the votes cast in their favor, while Deutsche Bank, Cantor and Goldman Sachs all look likely to win their matches.
Voting ends at Midnight so there’s still time…
Round One Matches Rules/Rankings/Details
ProCap Acquisition Corp. (NASDAQ:PCAPU) has filed for a $200 million SPAC to hunt for a fintech or financial services target. The new S-1 filing was BTIG’s second of the week after a two-month break, bringing its 2025 new SPAC filings to five and the bank has so far managed to IPO five SPACs as well....
MSM Frontier Capital Acquisition Corp. (NASDAQ:MSMUU) has filed for a $225 million SPAC to search for a infrastructure target in Africa. The new SPAC will head out on this expedition with a trust that is not overfunded and units that each contain one right to a 1/8 share. It will also have 24 months to...
At the SPAC of Dawn This action-packed week in SPACs comes to an end with three more SPACs launching their IPOs, bringing it to nine on the week. And, the crypto strategy that SPACInsider noticed becoming increasingly popular among de-SPACs earlier this year has continued to gain steam. This week, edtech firm Classover (NASDAQ:KIDZ), fresh...
Cartesian Growth Corporation III (NASDAQ:CGCT) announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CGCT”, Friday, May 2, 2025. The new SPAC intends to combine with a closely held private company ready to make the jump to being a market-leading transnational...
Cantor Equity Partners II, Inc. (NASDAQ:CEPT) announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CEPT”, Friday, May 2, 2025. The new SPAC intends to combine with a target in the financial services, healthcare, real estate services, technology, or software industries....