Monthly report
The blank-check market in Nov 2025
Every lifecycle event the filing record places in Nov 2025: IPOs that priced, combinations announced and closed, and trusts returned.
IPOs priced
9
Capital raised
$1.6B
Deals announced
4
Deals closed
0
Liquidations
0
Filing sentiment index
New vehicles are pricing faster than the ten-year norm and deals are forming.
Issuance
819 IPOs priced
Pipeline
8629 new registrations
Deal formation
964 combinations announced
Completion balance
1312.9 % of resolutions were closings
Attrition
630 liquidations
IPOs priced 9
- Searching
- Trust
- $175.9M
- Per share
- —
- IPO
- Nov 2025
- Deadline
- May 25, 2027263d
- Searching
- Trust
- $176.2M
- Per share
- —
- IPO
- Nov 2025
- Deadline
- Nov 25, 2027447d
- Searching
- Trust
- $294.1M
- Per share
- $10.23
- IPO
- Nov 2025
- Deadline
- Nov 13, 2027435d
- Searching
- Trust
- $245.5M
- Per share
- $10.23
- IPO
- Nov 2025
- Deadline
- —
- Announced
- Trust
- $58.8M
- Per share
- —
- IPO
- Nov 2025
- Deadline
- Feb 13, 2027162d
- Searching
- Trust
- $176.5M
- Per share
- —
- IPO
- Nov 2025
- Deadline
- —
- Announced
- Trust
- $176.5M
- Per share
- —
- IPO
- Nov 2025
- Deadline
- Nov 10, 202667d
- Liquidated
- Trust
- $58.4M
- Per share
- —
- IPO
- Nov 2025
- Deadline
- —
- Searching
- Trust
- —
- Per share
- —
- IPO
- Nov 2025
- Deadline
- Nov 5, 2027427d
Combinations announced 4
- Announced
- Trust
- $262.2M
- Per share
- —
- IPO
- Apr 2025
- Deadline
- Apr 3, 2027211d
- Announced
- Trust
- $209.3M
- Per share
- —
- IPO
- Jun 2025
- Deadline
- Mar 16, 2027193d
- Announced
- Trust
- $27.2M
- Per share
- $10.67
- IPO
- Jan 2025
- Deadline
- Jan 22, 2027140d
- Completed
- Trust
- $220.9M
- Per share
- $10.98
- IPO
- Feb 2024
- 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.