Monthly report
The blank-check market in Feb 2025
Every lifecycle event the filing record places in Feb 2025: IPOs that priced, combinations announced and closed, and trusts returned.
IPOs priced
8
Capital raised
$1.5B
Deals announced
2
Deals closed
5
Liquidations
8
Filing sentiment index
Formation and attrition are roughly in balance against the last decade.
Issuance
788 IPOs priced
Pipeline
8028 new registrations
Deal formation
432 combinations announced
Completion balance
4343 % of resolutions were closings
Attrition
198 liquidations
IPOs priced 8
- Announced
- Trust
- $242M
- Per share
- $10.52
- IPO
- Feb 2025
- Deadline
- Mar 3, 2027135d
- Completed
- Trust
- $241M
- Per share
- $10.48
- IPO
- Feb 2025
- Deadline
- —
- Searching
- Trust
- $243M
- Per share
- $10.78
- IPO
- Feb 2025
- Deadline
- Feb 28, 2027132d
- Completed
- Trust
- $87.6M
- Per share
- $10.36
- IPO
- Feb 2025
- Deadline
- Aug 14, 2026
- Liquidated
- Trust
- $232M
- Per share
- $10.56
- IPO
- Feb 2025
- Deadline
- —
- Approved
- Trust
- $244M
- Per share
- $10.62
- IPO
- Feb 2025
- Deadline
- Nov 12, 202624d
- Searching
- Trust
- —
- Per share
- —
- IPO
- Feb 2025
- Deadline
- —
- Searching
- Trust
- $305M
- Per share
- $10.83
- IPO
- Feb 2025
- Deadline
- Nov 6, 202618d
Combinations announced 2
- Completed
- Trust
- $197M
- Per share
- —
- IPO
- Feb 2024
- Deadline
- —
- Completed
- Trust
- $154M
- Per share
- —
- IPO
- Jul 2023
- Deadline
- —
Combinations completed 5
- Completed
- Trust
- $1.8M
- Per share
- $11.21
- IPO
- Feb 2023
- Deadline
- —
- Completed
- Trust
- $6.7M
- Per share
- —
- IPO
- Feb 2022
- Deadline
- —
- Completed
- Trust
- $51.3M
- Per share
- $11.03
- IPO
- Dec 2021
- Deadline
- —
- Completed
- Trust
- $18.1M
- Per share
- $10.29
- IPO
- Mar 2022
- Deadline
- —
- Completed
- Trust
- —
- Per share
- $11.12
- IPO
- May 2023
- Deadline
- —
Trusts returned 8
- Liquidated
- Trust
- $41.9M
- Per share
- $11.37
- IPO
- Dec 2021
- Deadline
- —
- Liquidated
- Trust
- $17.9M
- Per share
- $10.16
- IPO
- Dec 2021
- Deadline
- —
- Liquidated
- Trust
- $77.2M
- Per share
- —
- IPO
- Aug 2023
- Deadline
- May 21, 2024
- Liquidated
- Trust
- $40.8M
- Per share
- —
- IPO
- Mar 2023
- Deadline
- Nov 2, 2024
- Liquidated
- Trust
- $12.9M
- Per share
- —
- IPO
- Jul 2021
- Deadline
- —
- Completed
- Trust
- $13.8M
- Per share
- $5.98
- IPO
- Oct 2021
- Deadline
- —
- Liquidated
- Trust
- $36.4M
- Per share
- $10.10
- IPO
- Sep 2021
- Deadline
- —
- Liquidated
- Trust
- $14.1M
- Per share
- $11.25
- IPO
- Jan 2022
- Deadline
- Apr 19, 2023
Compiled by the SPACListing research desk
Last reconciled Oct 19, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally final IPO prospectuses, merger filings and proxy statements, current reports announcing closings, delisting and deregistration notices. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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