Monthly report
The blank-check market in Mar 2025
Every lifecycle event the filing record places in Mar 2025: IPOs that priced, combinations announced and closed, and trusts returned.
IPOs priced
3
Capital raised
$435.4M
Deals announced
0
Deals closed
0
Liquidations
7
Filing sentiment index
Formation and attrition are roughly in balance against the last decade.
Issuance
733 IPOs priced
Pipeline
8619 new registrations
Deal formation
610 combinations announced
Completion balance
1010.3 % of resolutions were closings
Attrition
167 liquidations
IPOs priced 3
- Searching
- Trust
- $151.3M
- Per share
- $10.53
- IPO
- Mar 2025
- Deadline
- Dec 24, 2026111d
- Announced
- Trust
- $86.7M
- Per share
- —
- IPO
- Mar 2025
- Deadline
- Jun 23, 2026
- Announced
- Trust
- $212.9M
- Per share
- $10.58
- IPO
- Mar 2025
- Deadline
- Mar 3, 2027180d
Trusts returned 7
- Liquidated
- Trust
- $647.0K
- Per share
- $10.35
- IPO
- Nov 2021
- Deadline
- —
- Liquidated
- Trust
- $6.3M
- Per share
- $11.82
- IPO
- Dec 2021
- Deadline
- —
- Liquidated
- Trust
- $4.1M
- Per share
- $11.45
- IPO
- Nov 2021
- Deadline
- —
- Liquidated
- Trust
- $56.2M
- Per share
- $10.41
- IPO
- Nov 2021
- Deadline
- —
- Liquidated
- Trust
- $1.3M
- Per share
- $11.75
- IPO
- Oct 2021
- Deadline
- —
- Liquidated
- Trust
- $2.0M
- Per share
- $10.07
- IPO
- Mar 2021
- Deadline
- —
- Liquidated
- Trust
- $21.9M
- Per share
- $10.00
- IPO
- Mar 2021
- Deadline
- —
Compiled by the SPACListing research desk
Last reconciled Sep 4, 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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SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.