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
11
Capital raised
$2.0B
Deals announced
9
Deals closed
3
Liquidations
2
Filing sentiment index
New vehicles are pricing faster than the ten-year norm and deals are forming.
Issuance
7811 IPOs priced
Pipeline
8242 new registrations
Deal formation
679 combinations announced
Completion balance
4241.5 % of resolutions were closings
Attrition
432 liquidations
IPOs priced 11
- Searching
- Trust
- $176M
- Per share
- $10.20
- IPO
- Nov 2025
- Deadline
- May 25, 2027218d
- Searching
- Trust
- $176M
- Per share
- $10.21
- IPO
- Nov 2025
- Deadline
- Nov 25, 2027402d
- Announced
- Trust
- $211M
- Per share
- —
- IPO
- Nov 2025
- Deadline
- Nov 22, 2027399d
- Searching
- Trust
- $294M
- Per share
- $10.23
- IPO
- Nov 2025
- Deadline
- Nov 13, 2027390d
- Announced
- Trust
- $58.8M
- Per share
- $10.23
- IPO
- Nov 2025
- Deadline
- Feb 13, 2027117d
- Searching
- Trust
- $245M
- Per share
- $10.23
- IPO
- Nov 2025
- Deadline
- —
- Searching
- Trust
- $176M
- Per share
- $10.23
- IPO
- Nov 2025
- Deadline
- —
- Announced
- Trust
- $176M
- Per share
- $10.23
- IPO
- Nov 2025
- Deadline
- Nov 10, 202622d
- Searching
- Trust
- —
- Per share
- —
- IPO
- Nov 2025
- Deadline
- Nov 5, 2027382d
- Announced
- Trust
- $58.9M
- Per share
- $10.24
- IPO
- Nov 2025
- Deadline
- May 5, 2027198d
- Completed
- Trust
- $236M
- Per share
- $10.06
- IPO
- Nov 2025
- Deadline
- Nov 1, 2027378d
Combinations announced 9
- Completed
- Trust
- $205M
- Per share
- —
- IPO
- Jul 2025
- Deadline
- —
- Announced
- Trust
- $262M
- Per share
- $10.68
- IPO
- Apr 2025
- Deadline
- Apr 3, 2027166d
- Announced
- Trust
- $209M
- Per share
- $10.40
- IPO
- Jun 2025
- Deadline
- Mar 16, 2027148d
- Announced
- Trust
- $58.4M
- Per share
- $10.44
- IPO
- May 2025
- Deadline
- May 30, 2027223d
- Completed
- Trust
- $241M
- Per share
- $10.48
- IPO
- Feb 2025
- Deadline
- —
- Completed
- Trust
- $27.2M
- Per share
- $10.67
- IPO
- Jan 2025
- Deadline
- Jan 22, 202795d
- Completed
- Trust
- $221M
- Per share
- $10.98
- IPO
- Feb 2024
- Deadline
- —
- Announced
- Trust
- —
- Per share
- $10.26
- IPO
- Jun 2025
- Deadline
- Jun 27, 2027251d
- Completed
- Trust
- $226M
- Per share
- —
- IPO
- Apr 2025
- Deadline
- —
Combinations completed 3
- Completed
- Trust
- $31.7M
- Per share
- $10.20
- IPO
- Nov 2021
- Deadline
- —
- Completed
- Trust
- $236M
- Per share
- $10.17
- IPO
- Nov 2024
- Deadline
- —
- Completed
- Trust
- —
- Per share
- —
- IPO
- Aug 2024
- Deadline
- —
Trusts returned 2
- Liquidated
- Trust
- $17.3M
- Per share
- $10.21
- IPO
- Nov 2021
- Deadline
- —
- Approved
- Trust
- $26.4M
- Per share
- —
- IPO
- Oct 2022
- Deadline
- —
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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SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.