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2025 SPAC IPOs

146 SPACs raised $24.9B in trust across 2025 IPOs.

Total SPACs
146
Trust raised
$24.9B
Still searching
53
Deals
64
59 announced · 5 closed

The 2025 SPAC market recorded 146 initial public offerings, reflecting sustained issuance in blank-check vehicles across sectors including technology, healthcare, financial services, and industrials. Of the full-year cohort, 53 vehicles remain in their active search period, while 64 have announced or completed business combinations with target companies. Twenty-nine SPACs from the 2025 vintage were liquidated without closing a deal, ending their search and returning capital to shareholders. The class spans a diverse set of sponsor teams, from first-time issuers to repeat managers with established acquisition track records. For detailed filing histories, deal timelines, and sponsor profiles on the complete 2025 SPAC class, sign up for full access at SpacDesk.

SPACSponsorTrustStatusIPO DateSectorTarget
DMIIU
Drugs Made In America Acquisition II Corp.
Drugs Made In America Acquisition II LLC$575.0MSearching2025-09-25Biotech / Pharma
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$460.0MCombo Announced2025-08-21Other / Diversified
EVAC-WT
EQV Ventures Acquisition Corp. II
EQV Ventures Sponsor II LLC$402.5MSearching2025-07-03Energy / Oil & Gas
MBVIU
M3-Brigade Acquisition VI Corp.
Cantor Fitzgerald & Co.$345.0MSearching2025-08-27Crypto / Blockchain
MESHW
Meshflow Acquisition Corp
Meshflow Acquisition Sponsor LLC$345.0MSearching2025-12-11Crypto / Blockchain
BIXIU
Bitcoin Infrastructure Acquisition Corp Ltd
Samara Acquisition Sponsor V Ltd$316.3MCombo Announced2025-12-02Financial Services
KOYNU
CSLM Digital Asset Acquisition Corp III, Ltd
CSLM Acquisition Sponsor II, Ltd$316.3MCombo Announced2025-08-27Financial ServicesFirst Digital Group Ltd
KBON
Karbon Capital Partners Corp.
Karbon Capital Partners Core Holdings, LLC$308.0MSearching2025-12-12Energy / Oil & Gas
KRSP-UN
Rice Acquisition Corp 3
Rice Acquisition Sponsor 3 LLC$300.0MCombo Announced2025-10-02Energy / Oil & Gas
SPACSponsorTrustStatusIPO DateSectorTarget
CIK0001986817
Gores Holdings X, Inc.
Gores Sponsor X LLC$299.0MSearching2025-05-05Other / Diversified
CIK0002079253
Apex Treasury Corp
Apex Treasury Sponsor LLC$287.5MSearching2025-10-28Financial Services
ALUB-WT
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$287.5MCombo Announced2025-08-01Exascale Labs Inc
TACOW
Berto Acquisition Corp.
Berto Acquisition Sponsor LLC$287.5MCombo Announced2025-05-01Other / DiversifiedOnMed LLC
TACHW
Titan Acquisition Corp.
Titan Acquisition Sponsor Holdco LLC$277.4MCombo Announced2025-04-10Financial Services
NPACU
New Providence Acquisition Corp. III/Cayman
New Providence Holdings$269.5MCombo Announced2025-04-24ConsumerAbra Financial Holdings, Inc
TLNCW
Talon Capital Corp.
Talon Capital Sponsor LLC$258.8MSearching2025-09-09Energy / Oil & Gas
KFIIU
K&F GROWTH ACQUISITION CORP. II
K&F Growth Acquisition LLC$258.0MLiquidated2025-02-06
CRANR
Crane Harbor Acquisition Corp. II
Crane Harbor Sponsor II, LLC$258.0MSearching2025-12-16Other / Diversified
HCMAW
HCM III ACQUISITION CORP.
HCM Investor Holdings$253.0MCombo Announced2025-08-04Fintech
CCIIU
Cohen Circle Acquisition Corp. II
Cohen Circle Sponsor II, LLC$253.0MSearching2025-07-01Fintech
IPCXR
Inflection Point Acquisition Corp. III
Inflection Point Holdings$253.0MCombo 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
AEXA
American Exceptionalism Acquisition Corp. A
AEXA Sponsor LLC$251.8MCombo Announced2025-09-29Other / Diversified
EVOXU
Evolution Global Acquisition Corp
Evolution Sponsor Holdings$250.0MCombo Announced2025-11-12Industrial / Manufacturing
DYOR
Insight Digital Partners II
Insight Digital Partners Sponsor LLC$240.0MSearching2025-10-30Crypto / Blockchain
CGCT
Cartesian Growth Corp III
CGC III Sponsor LLC$240.0MCombo Announced2025-05-05Other / DiversifiedLionano SE Inc.
OTGAU
OTG Acquisition Corp. I
OTG Acquisition Sponsor LLC$231.2MSearching2025-09-12Industrial / Manufacturing
LOKV
Live Oak Acquisition Corp. V
Live Oak Sponsor V, LLC$231.2MCombo Announced2025-02-28Other / DiversifiedTeamshares
ATIIW
Archimedes Tech SPAC Partners II Co.
Archimedes Tech SPAC Sponsors II LLC$231.2MCombo Announced2025-02-11AI / Machine LearningForge Nano, Inc
XRPNW
Armada Acquisition Corp. II
Armada Sponsor II LLC$231.2MCombo Announced2025-05-21FintechPathfinder Digital Assets LLC
DMAAR
Drugs Made In America Acquisition Corp.
Drugs Made In America Acquisition LLC$231.2MCombo Announced2025-01-29Biotech / PharmaPower Analytics Global Corp
SOUL-UN
Soulpower Acquisition Corp.
Soulpower Acquisition Sponsor LLC$230.0MCombo Announced2025-04-03Insurance / InsurtechSWB LLC
SBXE
SilverBox Corp V
SilverBox Sponsor V LLC$230.0MLiquidated2025-12-03Other / Diversified
CEPV
Cantor Equity Partners V, Inc.
Cantor EP Holdings V, LLC$230.0MCombo Announced2025-11-04Other / Diversified
SZZLR
Sizzle Acquisition Corp. II
VO Sponsor II, LLC$230.0MCombo Announced2025-04-02ConsumerTrasteel Holding S.A
HVMCW
Highview Merger Corp.
Highview Sponsor Co., LLC$230.0MSearching2025-08-12Other / Diversified
RNGTW
Range Capital Acquisition Corp II
Range Capital Acquisition Sponsor II, LLC$230.0MSearching2025-10-06
ITHAW
ITHAX Acquisition Corp III
ITHAX Acquisition Sponsor III LLC$230.0MSearching2025-12-15Other / Diversified
SAC-UN
Safeguard Acquisition Corp.
Safeguard Acquisition Management LLC$230.0MSearching2025-12-04Defense
GSRFU
GSR IV Acquisition Corp.
GSR IV Sponsor LLC$230.0MSearching2025-09-05Other / Diversified
GPACW
General Purpose Acquisition Corp.
General Purpose Acquisition Corp$230.0MSearching2025-12-03Logistics / Mobility
VACI-UN
Viking Acquisition Corp I
Viking Acquisition Sponsor I, LLC$230.0MCombo Announced2025-10-31Other / DiversifiedNorthStar Earth & Space Inc
RAC-WT
Rithm Acquisition Corp.
Rithm Acquisition Corp$230.0MLiquidated2025-02-27Real Estate
SVAQW
Silicon Valley Acquisition Corp.
Silicon Valley Acquisition Sponsor LLC$230.0MSearching2025-12-23Financial Services
AACBU
Artius II Acquisition Inc.
Artius II Acquisition Partners LLC$230.0MSearching2025-02-14Fintech
CAEP
Cantor Equity Partners III, Inc.
Cantor EP Holdings III, LLC$230.0MCombo Announced2025-06-26Other / DiversifiedAir
DSACW
Daedalus Special Acquisition Corp.
Daedalus Special Acquisition LLC$225.0MSearching2025-12-10Technology
KCHVU
Kochav Defense Acquisition Corp.
Kochav Sponsor LLC$224.8MLiquidated2025-05-28Industrial
BRR
Columbus Circle Capital Corp. I
Columbus Circle 1$206.7MClosed2025-05-19ProCap BTC, LLC
OYSEU
Oyster Enterprises II Acquisition Corp
Oyster Enterprises II LLC$206.3MSearching2025-05-22Other / Diversified
CRAQU
Cal Redwood Acquisition Corp.
Cal Redwood Sponsor LLC$206.0MSearching2025-05-23Media
CHAC
XANADU QUANTUM TECHNOLOGIES FORMER SPAC INC.
Crane Harbor$206.0MClosed2025-04-25Other / DiversifiedXanadu
FERAR
Fifth Era Acquisition Corp I
Fifth Era Acquisition Sponsor I LLC$206.0MCombo Announced2025-02-28Other / DiversifiedSMT Holdings Limited
AEAQU
Activate Energy Acquisition Corp.
Activate Energy Sponsors LLC$205.9MSearching2025-12-05Energy / Oil & Gas
SDHIR
Siddhi Acquisition Corp (Cayman Islands)
Siddhi Sponsor LLC$203.0MCombo Announced2025-04-01Consumer
JENA-UN
JENA ACQUISITION Corp II
Jena Acquisition Sponsor LLC$202.3MLiquidated2025-05-29Other / Diversified
RTACW
Renatus Tactical Acquisition Corp I
International SPAC Management Group I LLC$201.8MSearching2025-05-16Crypto / Blockchain
HVII
Hennessy Capital Investment Corp. VII
HC VII Sponsor LLC$201.3MCombo Announced2025-01-17Industrial / ManufacturingOne Nuclear
VHCP
Vine Hill Capital Investment Corp. II
Vine Hill Capital Sponsor II LLC$201.3MSearching2025-12-19Other / Diversified
PAII-UN
Pyrophyte Acquisition Corp. II
Pyrophyte Acquisition II LLC$201.3MSearching2025-07-17Energy / Oil & Gas
DNMX
Dynamix Corp III
DynamixCore Holdings III, LLC$201.3MSearching2025-10-30Clean Energy
PMTRU
Perimeter Acquisition Corp. I
Perimeter Acquisition Sponsor LLC$201.3MSearching2025-05-14Defense
CEPT
Cantor Equity Partners II, Inc.
Cantor EP Holdings II, LLC$200.0MCombo Announced2025-05-02Other / DiversifiedSecuritize, Inc.
VNMEU
Vendome Acquisition Corp I
Vendome Acquisition Sponsor I LLC$200.0MLiquidated2025-07-02Other / Diversified
CEPO
Cantor Equity Partners I, Inc.
Cantor EP Holdings I, LLC$200.0MCombo Announced2025-01-07Other / DiversifiedBSTR, Holdings Inc.
CIK0002074850
Spring Valley Acquisition Corp. III
Spring Valley Acquisition III Sponsor, LLC$200.0MCombo Announced2025-09-04Clean EnergyGeneral Fusion Inc.
IRHOU
Iron Horse Acquisition II Corp.
Bengochea SPAC Sponsors II LLC$200.0MCombo Announced2025-12-18Media & EntertainmentElectra
BACCU
Blue Acquisition Corp/Cayman
Blue Holdings$200.0MCombo Announced2025-06-13Clean EnergyBlockfusion USA, Inc
LWACW
LightWave Acquisition Corp.
LightWave Founders LLC$193.0MLiquidated2025-06-26Other / Diversified
HCACR
Hall Chadwick Acquisition Corp
Hall Chadwick Capital Ltd.$185.6MCombo Announced2025-11-21Other / DiversifiedREEcycle Holdings, Inc
CIK0002043699
NewHold Investment Corp. III
NewHold Industrial Technology III LLC$182.1MLiquidated2025-03-03Industrial / ManufacturingNewCleo Ltd
AXINU
Axiom Intelligence Acquisition Corp 1
Axiom Intelligence Holdings$180.5MCombo Announced2025-06-18Industrial / ManufacturingTerra Quantum AG
TVAIU
Thayer Ventures Acquisition Corp II
Thayer Ventures Acquisition Holdings$175.0MLiquidated2025-05-15Logistics / Mobility
GTERR
Globa Terra Acquisition Corp
Globa Terra Management LLC$175.0MSearching2025-07-09Other / Diversified
SOCAU
Solarius Capital Acquisition Corp.
Solarius Capital Sponsor, LLC$173.4MSearching2025-07-16Financial Services
MCGA
Yorkville Acquisition Corp.
Yorkville Acquisition Sponsor LLC$173.4MCombo Announced2025-06-30MediaTrump Media Group CRO Strategy
COPL-UN
Copley Acquisition Corp
Copley Acquisition Sponsors, LLC$173.4MCombo Announced2025-05-01Other / Diversified
SVCCU
Stellar V Capital Corp. (Cayman Islands)
Stellar V Sponsor LLC$172.9MLiquidated2025-01-30Other / Diversified
CRACU
Crown Reserve Acquisition Corp. I
Crown Acquisition Sponsor LLC$172.5MCombo Announced2025-11-06Healthcare / MedtechCarvix, Inc
EGHAU
EGH Acquisition Corp.
EGH Sponsor LLC$172.5MCombo Announced2025-05-09Clean EnergyHecate Energy Group, LLC
DAAQU
Digital Asset Acquisition Corp.
DAAQ Sponsor LLC$172.5MCombo Announced2025-04-30Crypto / BlockchainOld Glory Holding Company
RAAQW
Real Asset Acquisition Corp.
RAAQ Sponsor LLC$172.5MCombo Announced2025-04-30Real EstateIQM Finland Oy
BEBE
TGE Value Creative Solutions Corp
TGE SpiderNet Capital Group LLC$172.5MCombo Announced2025-12-19Media
SPEGR
Silver Pegasus Acquisition Corp.
SilverLode Capital LLC$155.5MCombo Announced2025-07-15Semiconductors
CIK0002052243
Twelve Seas Investment Co III
Twelve Seas Sponsor LLC$155.0MSearching2025-12-12Energy / Oil & Gas
TDWDU
Tailwind 2.0 Acquisition Corp.
Tailwind 2.0 Sponsor LLC$155.0MSearching2025-11-07Clean Energy
MKLYR
McKinley Acquisition Corp
McKinley Partners LLC$154.7MSearching2025-08-12Other / Diversified
IGACR
Invest Green Acquisition Corp
IG SPAC Sponsor LLC$153.9MSearching2025-11-25Clean Energy
SCIIR
SC II Acquisition Corp.
SC Capital II Sponsor LLC$152.6MSearching2025-11-26Other / Diversified
PLMKU
Plum Acquisition Corp, IV
Plum Partners IV, LLC$151.5MCombo Announced2025-01-15AI / Machine LearningControlled Thermal Resources Holdings Inc
BLRKU
Bluerock Acquisition Corp.
Bluerock Acquisition Holdings$150.0MSearching2025-12-12Other / Diversified
CIK0001997389
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
IPODU
COLLECTIVE ACQUISITION CORP.
Dune Acquisition Holdings$144.1MCombo Announced2025-05-08Other / Diversified
CIK0002080019
GigCapital8 Corp.
GigAcquisitions8 Corp.$144.0MSearching2025-10-06Industrial
LFACW
Leapfrog Acquisition Corp
LeapFrog Partners LLC$143.8MSearching2025-12-05Energy / Oil & Gas
FIGXU
FIGX Capital Acquisition Corp.
FIGX Acquisition Partners LLC$135.4MLiquidated2025-06-30Financial Services
GSHRU
Gesher Acquisition Corp. II
Gesher Acquisition Sponsor II LLC$130.2MLiquidated2025-03-21Other / Diversified
CHECU
Chenghe Acquisition III Co.
Chenghe Investment III Limited$126.5MSearching2025-09-17Other / Diversified
YCY-WT
AA Mission Acquisition Corp. II
AA Mission Sponsor II$115.3MCombo Announced2025-10-02Other / Diversified
LKSPU
Lake Superior Acquisition Corp
Lake Superior Investments LLC$115.0MCombo Announced2025-10-07Other / DiversifiedOpenmarkets Group Pty Ltd
INACU
Indigo Acquisition Corp.
Indigo Sponsor Group, LLC$115.0MSearching2025-07-01Other / Diversified
AIIA-UN
AI Infrastructure Acquisition Corp.
AIIA Sponsor Ltd$115.0MCombo Announced2025-10-06Technology
NMPAR
NMP Acquisition Corp.
Next Move Capital LLC$115.0MSearching2025-07-02Other / Diversified
LAFAU
LaFayette Acquisition Corp.
LaFayette Sponsor LLC$115.0MSearching2025-10-24Other / Diversified
SCPQ
Social Commerce Partners Corp
Social Commerce Acquisition Partners, LLC$103.5MSearching2025-12-22Consumer
MMTXW
Miluna Acquisition Corp
MilunaC Technology Limited$100.0MCombo Announced2025-10-22Other / DiversifiedCADV Ventures S.A.
QUMSR
Quantumsphere Acquisition Corp
Whiteowl Holdings$83.0MCombo Announced2025-08-07Other / DiversifiedSACH Pte. Ltd
CHPGU
ChampionsGate Acquisition Corp
ST Sponsor Limited$75.1MCombo Announced2025-05-28Other / Diversified
IPEXR
Inflection Point Acquisition Corp. V
Maywood Sponsor, LLC$75.0MLiquidated2025-02-13Other / DiversifiedGOWell Technology Limited
QSEAR
Quartzsea Acquisition Corp
Blue Jay Investment LLC$72.0MCombo Announced2025-03-19Other / DiversifiedBroadway Technology Inc
ORIQ
Origin Investment Corp I
Origin Equity LLC$69.7MLiquidated2025-07-03Other / Diversified
COLAR
Columbus Acquisition Corp/Cayman Islands
Hercules Capital Management VII Corp$69.0MCombo Announced2025-01-24Other / DiversifiedWISeSat.Space Corp
LCCCR
Lakeshore Acquisition III Corp.
RedOne Investment Limited$69.0MCombo Announced2025-04-30Other / DiversifiedCPRO Electronics Holding Limited
ALISR
Calisa Acquisition Corp
Alisa Group Limited and Calisa Holding LP$69.0MCombo Announced2025-10-22Other / DiversifiedGoodvision AI Inc
BSAA
BEST SPAC I Acquistion Corp.
BEST SPAC I (Holdings) Corp.$63.3MCombo Announced2025-06-13Consumer
WTG
Wintergreen Acquisition Corp.
MACRO DREAM Holdings Limited$57.6MCombo Announced2025-05-29SemiconductorsKIKA Technology
SSEAR
STARRY SEA ACQUISITION CORP
STARRY SEA INVESTMENT LIMITED$57.5MCombo Announced2025-08-08Other / Diversified
BPACU
Blueport Acquisition Ltd
Blueport Acquisition Corporation$57.5MCombo Announced2025-11-12Other / DiversifiedSINGAUTO Inc
UYSCU
UY Scuti Acquisition Corp.
UY Scuti Investments Limited$52.7MCombo Announced2025-04-01Other / Diversified
APACR
StoneBridge Acquisition II Corp
Stonebridge Acquisition Sponsor II LLC$51.5MSearching2025-10-01Other / Diversified
WSTNR
Westin Acquisition Corp
Westin Investment Co. Ltd$50.0MSearching2025-11-05Other / Diversified
RIBBR
Ribbon Acquisition Corp.
Ribbon Investment Company Ltd$50.0MCombo Announced2025-01-16GeneralistDRC Medicine Ltd
CCCX
Churchill Capital Corp X
Churchill Sponsor X LLCClosed2025-05-15Other / DiversifiedInfleqtion, Inc.
CCXIW
Churchill Capital Corp XI
Churchill Sponsor XI LLCLiquidated2025-12-17Other / Diversified
LPCVU
Launchpad Cadenza Acquisition Corp I
Launch Sponsor LLCLiquidated2025-12-18Crypto / Blockchain
EMISR
Emmis Acquisition Corp.
Emmis Capital Sponsor LLCLiquidated2025-09-26Other / Diversified
PCAPU
ProCap Acquisition Corp
ProCap Acquisition Sponsor, LLCLiquidated2025-05-22Fintech
CIK0001906364
FG Merger II Corp.
FG Merger Investors II LLCCombo Announced2025-01-29Financial ServicesBoxabl Inc.
ADACW
American Drive Acquisition Co
Petit Monts LLCLiquidated2025-12-19Industrial
ONCHU
1RT Acquisition Corp.
1RT Acquisition Sponsor LLCLiquidated2025-07-02Crypto / Blockchain
OBAWW
Oxley Bridge Acquisition Ltd
Oxley Bridge HoldingsLiquidated2025-06-25Consumer
APAD
A Paradise Acquisition Corp.
A SPAC IV (Holdings) Corp.Closed2025-07-30Other / DiversifiedEnhanced
LATAU
Galata Acquisition Corp. II
Galata Acquisition Sponsor II, LLCLiquidated2025-09-19Other / Diversified
BLUWW
Blue Water Acquisition Corp. III
Blue Water Acquisition III LLCLiquidated2025-06-11Other / Diversified
NWAX-UN
New America Acquisition I Corp.
New America Sponsor I LLCLiquidated2025-12-04
FCRS-UN
FutureCrest Acquisition Corp.
FutureCrest Acquisition Sponsor LLCLiquidated2025-09-26Other / Diversified
CIK0002032260
RedHawk Acquisition I Corp.
Searching2025-02-11
WENNU
WEN Acquisition Corp
Wen Sponsor LLCLiquidated2025-05-16Crypto / Blockchain
RDAGW
Republic Digital Acquisition Co
Republic Sponsor 1 LLCLiquidated2025-05-01Crypto / Blockchain
PELI
Pelican Acquisition Corp
Pelican Sponsor LLCClosed2025-05-23Enterprise SoftwareGreenland Exploration Limited
TVACW
Texas Ventures Acquisition III Corp
TV Partners III, LLCLiquidated2025-04-23Industrial / Manufacturing
BLZRU
Trailblazer Acquisition Corp.
Trailblazer Sponsor LLCLiquidated2025-09-11Other / Diversified

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