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2025 SPAC IPOs

146 SPACs raised $25.0B in trust across 2025 IPOs.

Total SPACs
146
Trust raised
$25.0B
Still searching
132
Deals
72
61 announced · 11 closed

The 2025 SPAC market produced 146 blank-check IPOs across the year, reflecting continued sponsor interest in the structure as a route to public markets. As of year-end, 132 of those vehicles remain in active search for acquisition targets, while 72 have announced or completed business combinations with operating companies. Only one SPAC liquidated during the period, a notably low attrition rate relative to prior vintage years. The class spans a broad range of industries, with sponsors ranging from sector-focused boutiques to established private equity names. For complete data on every 2025 SPAC — including sponsor profiles, sector breakdowns, and deal timelines — sign up for full access on SpacDesk.

SPACSponsorTrustStatusIPO DateSectorTarget
DMII
Drugs Made In America Acquisition II Corp.
Drugs Made In America Acquisition II LLC$575.0MSearching2025-09-25Biotech / Pharma
EVAC
EQV Ventures Acquisition Corp. II
EQV Ventures Sponsor II LLC$483.0MSearching2025-07-03Energy / Oil & Gas
BCSS
Bain Capital GSS Investment Corp.
Bain Capital GSS Investment Sponsor LLC$460.0MSearching2025-09-30Other / Diversified
CEPF
Cantor Equity Partners IV, Inc.
Cantor EP Holdings IV, LLC$460.0MDeal Announced2025-08-21Other / Diversified
MESH
Meshflow Acquisition Corp
Meshflow Acquisition Sponsor LLC$345.0MSearching2025-12-11Crypto / Blockchain
MBVI
M3-Brigade Acquisition VI Corp.
Cantor Fitzgerald & Co.$345.0MSearching2025-08-27Crypto / Blockchain
BIXIU
Bitcoin Infrastructure Acquisition Corp Ltd
Samara Acquisition Sponsor V Ltd$316.3MDeal Announced2025-12-02Financial Services
KOYNU
CSLM Digital Asset Acquisition Corp III, Ltd
CSLM Acquisition Sponsor II, Ltd$316.3MDeal Announced2025-08-27Financial ServicesFirst Digital Group Ltd
CRAN
Crane Harbor Acquisition Corp. II
Crane Harbor Sponsor II, LLC$309.0MSearching2025-12-16Other / Diversified
KBON
Karbon Capital Partners Corp.
Karbon Capital Partners Core Holdings, LLC$308.0MSearching2025-12-12Energy / Oil & Gas
SPACSponsorTrustStatusIPO DateSectorTarget
TACO
Berto Acquisition Corp.
Berto Acquisition Sponsor LLC$300.2MDeal Announced2025-05-01Other / DiversifiedOnMed LLC
AEXA
American Exceptionalism Acquisition Corp. A
AEXA Sponsor LLC$300.0MDeal Announced2025-09-29Other / Diversified
KRSP
Rice Acquisition Corp 3
Rice Acquisition Sponsor 3 LLC$300.0MDeal Announced2025-10-02Energy / Oil & Gas
GTEN
Gores Holdings X, Inc.
Gores Sponsor X LLC$299.0MSearching2025-05-05Other / Diversified
ALUB
Alussa Energy Acquisition Corp. II
Alussa Energy Sponsor II LLC$287.5MSearching2025-11-13Clean Energy
BCAR
D. Boral ARC Acquisition I Corp.
MFH 1, LLC$287.5MDeal Announced2025-08-01Exascale Labs Inc
APXT
Apex Treasury Corp
Apex Treasury Sponsor LLC$287.5MDeal Announced2025-10-28Financial ServicesTECfusions, Inc
TACH
Titan Acquisition Corp.
Titan Acquisition Sponsor Holdco LLC$277.4MDeal Announced2025-04-10Financial ServicesOpenPayd Holdings Limited
NPAC
New Providence Acquisition Corp. III/Cayman
New Providence Holdings$269.5MDeal Announced2025-04-24ConsumerAbra Financial Holdings, Inc
TLNC
Talon Capital Corp.
Talon Capital Sponsor LLC$258.8MSearching2025-09-09Energy / Oil & Gas
KFII
K&F GROWTH ACQUISITION CORP. II
K&F Growth Acquisition LLC$258.3MSearching2025-02-06
HCMA
HCM III ACQUISITION CORP.
HCM Investor Holdings$253.0MDeal Announced2025-08-04Fintech
CCII
Cohen Circle Acquisition Corp. II
Cohen Circle Sponsor II, LLC$253.0MSearching2025-07-01Fintech
IPCX
Inflection Point Acquisition Corp. III
Inflection Point Holdings$253.0MDeal Announced2025-04-25Other / DiversifiedA1R WATER
PACHU
Pioneer Acquisition I Corp
Pioneer Acquisition 1 Sponsor Holdco LLC$253.0MSearching2025-06-20Healthcare / Medtech
BDCI
BTC Development Corp.
BTC Development Sponsor LLC$253.0MSearching2025-09-30Crypto / Blockchain
EVOX
Evolution Global Acquisition Corp
Evolution Sponsor Holdings$250.0MDeal Announced2025-11-12Industrial / Manufacturing
SDHI
Siddhi Acquisition Corp (Cayman Islands)
Siddhi Sponsor LLC$243.2MDeal Announced2025-04-01Consumer
RTAC
Renatus Tactical Acquisition Corp I
International SPAC Management Group I LLC$242.1MSearching2025-05-16Crypto / Blockchain
PMTRU
Perimeter Acquisition Corp. I
Perimeter Acquisition Sponsor LLC$241.5MSearching2025-05-14Defense
FAC
Cartesian Growth Corp III
CGC III Sponsor LLC$240.0MCompleted2025-05-05Other / DiversifiedLionano SE Inc.
DYOR
Insight Digital Partners II
Insight Digital Partners Sponsor LLC$240.0MSearching2025-10-30Crypto / Blockchain
HVMC
Highview Merger Corp.
Highview Sponsor Co., LLC$236.6MSearching2025-08-12Other / Diversified
XRPN
Armada Acquisition Corp. II
Armada Sponsor II LLC$231.2MDeal Announced2025-05-21FintechPathfinder Digital Assets LLC
ATII
Archimedes Tech SPAC Partners II Co.
Archimedes Tech SPAC Sponsors II LLC$231.2MDeal Announced2025-02-11AI / Machine LearningForge Nano, Inc
OTGA
OTG Acquisition Corp. I
OTG Acquisition Sponsor LLC$231.2MSearching2025-09-12Industrial / Manufacturing
DMAA
Drugs Made In America Acquisition Corp.
Drugs Made In America Acquisition LLC$231.2MDeal Announced2025-01-29Biotech / PharmaPower Analytics Global Corp
CAEP
Cantor Equity Partners III, Inc.
Cantor EP Holdings III, LLC$230.0MDeregistered2025-06-26Other / DiversifiedAir
SBXE
SilverBox Corp V
SilverBox Sponsor V LLC$230.0MSearching2025-12-03Other / Diversified
RNGT
Range Capital Acquisition Corp II
Range Capital Acquisition Sponsor II, LLC$230.0MSearching2025-10-06
SAC
Safeguard Acquisition Corp.
Safeguard Acquisition Management LLC$230.0MSearching2025-12-04Defense
ITHA
ITHAX Acquisition Corp III
ITHAX Acquisition Sponsor III LLC$230.0MSearching2025-12-15Other / Diversified
VACI
Viking Acquisition Corp I
Viking Acquisition Sponsor I, LLC$230.0MDeal Announced2025-10-31Other / DiversifiedNorthStar Earth & Space Inc
RAC
Rithm Acquisition Corp.
Rithm Acquisition Corp$230.0MSearching2025-02-27Real Estate
SZZL
Sizzle Acquisition Corp. II
VO Sponsor II, LLC$230.0MDeal Announced2025-04-02ConsumerTrasteel Holding S.A
CEPV
Cantor Equity Partners V, Inc.
Cantor EP Holdings V, LLC$230.0MDeal Announced2025-11-04Other / Diversified
AACB
Artius II Acquisition Inc.
Artius II Acquisition Partners LLC$230.0MLiquidated2025-02-14Fintech
SOUL
Soulpower Acquisition Corp.
Soulpower Acquisition Sponsor LLC$230.0MDeal Announced2025-04-03Insurance / InsurtechSWB LLC
SVAQ
Silicon Valley Acquisition Corp.
Silicon Valley Acquisition Sponsor LLC$230.0MDeal Announced2025-12-23Financial ServicesEigenQ, Inc
GPAC
General Purpose Acquisition Corp.
General Purpose Acquisition Corp$230.0MSearching2025-12-03Logistics / Mobility
GSRF
GSR IV Acquisition Corp.
GSR IV Sponsor LLC$230.0MSearching2025-09-05Other / Diversified
OYSE
Oyster Enterprises II Acquisition Corp
Oyster Enterprises II LLC$226.5MSearching2025-05-22Other / Diversified
DSAC
Daedalus Special Acquisition Corp.
Daedalus Special Acquisition LLC$225.0MSearching2025-12-10Technology
KCHV
Kochav Defense Acquisition Corp.
Kochav Sponsor LLC$224.8MSearching2025-05-28Industrial
BRR
Columbus Circle Capital Corp. I
Columbus Circle 1$206.7MCompleted2025-05-19ProCap BTC, LLC
FERA
Fifth Era Acquisition Corp I
Fifth Era Acquisition Sponsor I LLC$206.0MDeal Announced2025-02-28Other / DiversifiedSMT Holdings Limited
CHAC
XANADU QUANTUM TECHNOLOGIES FORMER SPAC INC.
Crane Harbor$206.0MCompleted2025-04-25Other / DiversifiedXanadu
CRAQ
Cal Redwood Acquisition Corp.
Cal Redwood Sponsor LLC$206.0MSearching2025-05-23Media
AEAQ
Activate Energy Acquisition Corp.
Activate Energy Sponsors LLC$205.9MSearching2025-12-05Energy / Oil & Gas
LOKV
Live Oak Acquisition Corp. V
Live Oak Sponsor V, LLC$204.5MCompleted2025-02-28Other / DiversifiedTeamshares
JENA
JENA ACQUISITION Corp II
Jena Acquisition Sponsor LLC$202.3MSearching2025-05-29Other / Diversified
HVII
Hennessy Capital Investment Corp. VII
HC VII Sponsor LLC$201.3MDeal Announced2025-01-17Industrial / ManufacturingOne Nuclear
DNMX
Dynamix Corp III
DynamixCore Holdings III, LLC$201.3MSearching2025-10-30Clean Energy
PAII
Pyrophyte Acquisition Corp. II
Pyrophyte Acquisition II LLC$201.3MSearching2025-07-17Energy / Oil & Gas
VHCP
Vine Hill Capital Investment Corp. II
Vine Hill Capital Sponsor II LLC$201.3MSearching2025-12-19Other / Diversified
CEPT
Cantor Equity Partners II, Inc.
Cantor EP Holdings II, LLC$200.0MCompleted2025-05-02Other / DiversifiedSecuritize, Inc.
VNME
Vendome Acquisition Corp I
Vendome Acquisition Sponsor I LLC$200.0MSearching2025-07-02Other / Diversified
CEPO
Cantor Equity Partners I, Inc.
Cantor EP Holdings I, LLC$200.0MDeal Announced2025-01-07Other / DiversifiedBSTR, Holdings Inc.
BACC
Blue Acquisition Corp/Cayman
Blue Holdings$200.0MDeal Announced2025-06-13Clean EnergyBlockfusion USA, Inc
IRHO
Iron Horse Acquisition II Corp.
Bengochea SPAC Sponsors II LLC$200.0MDeal Announced2025-12-18Media & EntertainmentElectra
LWAC
LightWave Acquisition Corp.
LightWave Founders LLC$193.0MSearching2025-06-26Other / Diversified
HCACR
Hall Chadwick Acquisition Corp
Hall Chadwick Capital Ltd.$185.6MDeal Announced2025-11-21Other / DiversifiedREEcycle Holdings, Inc
NHIC
NewHold Investment Corp. III
NewHold Industrial Technology III LLC$182.1MDeal Announced2025-03-03Industrial / ManufacturingNewCleo Ltd
AXIN
Axiom Intelligence Acquisition Corp 1
Axiom Intelligence Holdings$180.5MDeal Announced2025-06-18Industrial / ManufacturingTerra Quantum AG
TVAI
Thayer Ventures Acquisition Corp II
Thayer Ventures Acquisition Holdings$175.0MSearching2025-05-15Logistics / Mobility
GTERR
Globa Terra Acquisition Corp
Globa Terra Management LLC$175.0MSearching2025-07-09Other / Diversified
SVCCU
Stellar V Capital Corp. (Cayman Islands)
Stellar V Sponsor LLC$173.7MSearching2025-01-30Other / Diversified
YORK
Yorkville Acquisition Corp.
Yorkville Acquisition Sponsor LLC$173.4MDeal Announced2025-06-30MediaTrump Media Group CRO Strategy
SOCA
Solarius Capital Acquisition Corp.
Solarius Capital Sponsor, LLC$173.4MSearching2025-07-16Financial Services
COPL
Copley Acquisition Corp
Copley Acquisition Sponsors, LLC$173.4MDeal Announced2025-05-01Other / DiversifiedIgnite Proteomics, LLC
DAAQ
Digital Asset Acquisition Corp.
DAAQ Sponsor LLC$172.5MDeal Announced2025-04-30Crypto / BlockchainOld Glory Holding Company
RAAQ
Real Asset Acquisition Corp.
RAAQ Sponsor LLC$172.5MCompleted2025-04-30Real EstateIQM Finland Oy
BEBE
TGE Value Creative Solutions Corp
TGE SpiderNet Capital Group LLC$172.5MDeal Announced2025-12-19Media
EGHA
EGH Acquisition Corp.
EGH Sponsor LLC$172.5MDeal Announced2025-05-09Clean EnergyHecate Energy Group, LLC
CRAC
Crown Reserve Acquisition Corp. I
Crown Acquisition Sponsor LLC$172.5MDeal Announced2025-11-06Healthcare / MedtechCarvix, Inc
SPEGR
Silver Pegasus Acquisition Corp.
SilverLode Capital LLC$155.5MDeal Announced2025-07-15Semiconductors
TDWD
Tailwind 2.0 Acquisition Corp.
Tailwind 2.0 Sponsor LLC$155.0MSearching2025-11-07Clean Energy
TWLV
Twelve Seas Investment Co III
Twelve Seas Sponsor LLC$155.0MSearching2025-12-12Energy / Oil & Gas
MKLY
McKinley Acquisition Corp
McKinley Partners LLC$154.7MDeal Announced2025-08-12Other / DiversifiedSpace-Eyes, Inc
IGAC
Invest Green Acquisition Corp
IG SPAC Sponsor LLC$153.9MSearching2025-11-25Clean Energy
NUKK
SC II Acquisition Corp.
SC Capital II Sponsor LLC$152.6MSearching2025-11-26Other / Diversified
PLMK
Plum Acquisition Corp, IV
Plum Partners IV, LLC$151.5MDeal Announced2025-01-15AI / Machine LearningControlled Thermal Resources Holdings Inc
BLRK
Bluerock Acquisition Corp.
Bluerock Acquisition Holdings$150.0MDeal Announced2025-12-12Other / DiversifiedBitonic Technology Labs Inc. d/b/a Yellow.ai
IDIA
Innovative Digital Investors Acquisition Corp.
Innovative Digital LLC$145.2MSearching2025-08-12Financial Services
HAVAU
Harvard Ave Acquisition Corp
Copley Square Sponsor Limited$145.0MSearching2025-10-22Other / Diversified
IPOD
COLLECTIVE ACQUISITION CORP.
Dune Acquisition Holdings$144.1MDeal Announced2025-05-08Other / Diversified
GIW
GigCapital8 Corp.
GigAcquisitions8 Corp.$144.0MSearching2025-10-06Industrial
LFAC
Leapfrog Acquisition Corp
LeapFrog Partners LLC$143.8MSearching2025-12-05Energy / Oil & Gas
AIIA
AI Infrastructure Acquisition Corp.
AIIA Sponsor Ltd$138.0MDeal Announced2025-10-06Technology
FIGX
FIGX Capital Acquisition Corp.
FIGX Acquisition Partners LLC$135.4MSearching2025-06-30Financial Services
GSHR
Gesher Acquisition Corp. II
Gesher Acquisition Sponsor II LLC$130.2MSearching2025-03-21Other / Diversified
CHEC
Chenghe Acquisition III Co.
Chenghe Investment III Limited$126.5MSearching2025-09-17Other / Diversified
YCY
AA Mission Acquisition Corp. II
AA Mission Sponsor II$115.3MDeal Announced2025-10-02Other / Diversified
LAFA
LaFayette Acquisition Corp.
LaFayette Sponsor LLC$115.0MSearching2025-10-24Other / Diversified
LKSP
Lake Superior Acquisition Corp
Lake Superior Investments LLC$115.0MDeal Announced2025-10-07Other / DiversifiedOpenmarkets Group Pty Ltd
INAC
Indigo Acquisition Corp.
Indigo Sponsor Group, LLC$115.0MSearching2025-07-01Other / Diversified
NMP
NMP Acquisition Corp.
Next Move Capital LLC$115.0MSearching2025-07-02Other / Diversified
SCPQ
Social Commerce Partners Corp
Social Commerce Acquisition Partners, LLC$103.5MSearching2025-12-22Consumer
MMTXW
Miluna Acquisition Corp
MilunaC Technology Limited$100.0MDeal Announced2025-10-22Other / DiversifiedCADV Ventures S.A.
QUMS
Quantumsphere Acquisition Corp
Whiteowl Holdings$83.0MDeal Announced2025-08-07Other / DiversifiedSACH Pte. Ltd
CHPGU
ChampionsGate Acquisition Corp
ST Sponsor Limited$75.1MDeal Announced2025-05-28Other / Diversified
MAYA
Inflection Point Acquisition Corp. V
Maywood Sponsor, LLC$75.0MDeal Announced2025-02-13Other / DiversifiedGOWell Technology Limited
QSEA
Quartzsea Acquisition Corp
Blue Jay Investment LLC$72.0MDeal Announced2025-03-19Other / DiversifiedBroadway Technology Inc
ORIQ
Origin Investment Corp I
Origin Equity LLC$69.7MSearching2025-07-03Other / Diversified
LCCC
Lakeshore Acquisition III Corp.
RedOne Investment Limited$69.0MDeal Announced2025-04-30Other / DiversifiedCPRO Electronics Holding Limited
COLAR
Columbus Acquisition Corp/Cayman Islands
Hercules Capital Management VII Corp$69.0MDeal Announced2025-01-24Other / DiversifiedWISeSat.Space Corp
ALISR
Calisa Acquisition Corp
Alisa Group Limited and Calisa Holding LP$69.0MDeal Announced2025-10-22Other / DiversifiedGoodvision AI Inc
BSAA
BEST SPAC I Acquistion Corp.
BEST SPAC I (Holdings) Corp.$63.3MDeal Announced2025-06-13Consumer
WTG
Wintergreen Acquisition Corp.
MACRO DREAM Holdings Limited$57.6MDeal Announced2025-05-29SemiconductorsKIKA Technology
BPAC
Blueport Acquisition Ltd
Blueport Acquisition Corporation$57.5MDeal Announced2025-11-12Other / DiversifiedSINGAUTO Inc
SSEAR
STARRY SEA ACQUISITION CORP
STARRY SEA INVESTMENT LIMITED$57.5MDeal Announced2025-08-08Other / Diversified
UYSC
UY Scuti Acquisition Corp.
UY Scuti Investments Limited$52.7MDeal Announced2025-04-01Other / Diversified
APACR
StoneBridge Acquisition II Corp
Stonebridge Acquisition Sponsor II LLC$51.5MSearching2025-10-01Other / Diversified
WSTN
Westin Acquisition Corp
Westin Investment Co. Ltd$50.0MDeal Announced2025-11-05Other / Diversified
RIBBR
Ribbon Acquisition Corp.
Ribbon Investment Company Ltd$50.0MDeal Announced2025-01-16GeneralistDRC Medicine Ltd
SVAC
Spring Valley Acquisition Corp. III
Spring Valley Acquisition III Sponsor, LLC$3.0MCompleted2025-09-04Clean EnergyGeneral Fusion Inc.
TVA
Texas Ventures Acquisition III Corp
TV Partners III, LLCDeal Announced2025-04-23Industrial / Manufacturing
CCCX
Churchill Capital Corp X
Churchill Sponsor X LLCCompleted2025-05-15Other / DiversifiedInfleqtion, Inc.
RedHawk Acquisition I Corp.
RedHawk Acquisition I Corp.
Deregistered2025-02-11
EMIS
Emmis Acquisition Corp.
Emmis Capital Sponsor LLCSearching2025-09-26Other / Diversified
ADAC
American Drive Acquisition Co
Petit Monts LLCSearching2025-12-19Industrial
FGMC
FG Merger II Corp.
FG Merger Investors II LLCCompleted2025-01-29Financial ServicesBoxabl Inc.
ENHA
A Paradise Acquisition Corp.
A SPAC IV (Holdings) Corp.Completed2025-07-30Other / DiversifiedEnhanced
PCAP
ProCap Acquisition Corp
ProCap Acquisition Sponsor, LLCSearching2025-05-22Fintech
CCXI
Churchill Capital Corp XI
Churchill Sponsor XI LLCDeal Announced2025-12-17Other / DiversifiedAgility Robotics, Inc
BLUWW
Blue Water Acquisition Corp. III
Blue Water Acquisition III LLCSearching2025-06-11Other / Diversified
WENN
WEN Acquisition Corp
Wen Sponsor LLCSearching2025-05-16Crypto / Blockchain
FCRS
FutureCrest Acquisition Corp.
FutureCrest Acquisition Sponsor LLCSearching2025-09-26Other / Diversified
NWAX
New America Acquisition I Corp.
New America Sponsor I LLCSearching2025-12-04
LPCV
Launchpad Cadenza Acquisition Corp I
Launch Sponsor LLCSearching2025-12-18Crypto / Blockchain
ONCH
1RT Acquisition Corp.
1RT Acquisition Sponsor LLCSearching2025-07-02Crypto / Blockchain
OBA
Oxley Bridge Acquisition Ltd
Oxley Bridge HoldingsSearching2025-06-25Consumer
LATA
Galata Acquisition Corp. II
Galata Acquisition Sponsor II, LLCSearching2025-09-19Other / Diversified
RDAG
Republic Digital Acquisition Co
Republic Sponsor 1 LLCSearching2025-05-01Crypto / Blockchain
BLZR
Trailblazer Acquisition Corp.
Trailblazer Sponsor LLCSearching2025-09-11Other / Diversified
PELI
Pelican Acquisition Corp
Pelican Sponsor LLCCompleted2025-05-23Enterprise SoftwareGreenland Exploration Limited

Data sourced from SEC EDGAR filings. Trust size reflects declared trust at IPO. “Searching” includes SPACs in extension and in vote.