Monthly report
The blank-check market in Sep 2025
Every lifecycle event the filing record places in Sep 2025: IPOs that priced, combinations announced and closed, and trusts returned.
IPOs priced
12
Capital raised
$3.3B
Deals announced
0
Deals closed
0
Liquidations
1
Filing sentiment index
Formation and attrition are roughly in balance against the last decade.
Issuance
8712 IPOs priced
Pipeline
9340 new registrations
Deal formation
580 combinations announced
Completion balance
1313.3 % of resolutions were closings
Attrition
461 liquidation
IPOs priced 12
- Searching
- Trust
- $2.0M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- Sep 30, 2027391d
- Searching
- Trust
- $473.2M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- Oct 1, 2027392d
- Searching
- Trust
- $354.5M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- Sep 29, 2027390d
- Searching
- Trust
- $295.4M
- Per share
- $10.10
- IPO
- Sep 2025
- Deadline
- Sep 26, 2027387d
- Searching
- Trust
- $513.9M
- Per share
- $10.28
- IPO
- Sep 2025
- Deadline
- —
- Liquidated
- Trust
- $118.2M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- —
- Searching
- Trust
- $177.4M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- Sep 22, 2027383d
- Searching
- Trust
- $130.0M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- —
- Searching
- Trust
- $237.6M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- Sep 12, 2027373d
- Searching
- Trust
- $283.2M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- Sep 11, 2027372d
- Searching
- Trust
- $256.5M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- Sep 9, 2027370d
- Searching
- Trust
- $236.8M
- Per share
- —
- IPO
- Sep 2025
- Deadline
- —
Trusts returned 1
- Liquidated
- Trust
- $27.5M
- Per share
- $9.47
- IPO
- Aug 2022
- 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.