Special Purpose Acquisition Companies (SPACs)
Search documents
Chamath warns retail investors to avoid his new SPAC
Yahoo Finance· 2025-10-01 19:27
Core Insights - A new SPAC named "American Exceptionalism" launched by Chamath Palihapitiya raised $345 million to acquire startups in energy, AI, crypto/DeFi, or defense sectors [1] - Palihapitiya advises retail investors against purchasing the stock, with only 1% allocated for public trading and 98.7% sold to large institutions [2][3] - The SPAC market has shown poor post-merger returns for investors, leading to skepticism about their viability, as highlighted by the Yale Journal on Regulation [4] Group 1 - The SPAC aims to convert acquired startups into publicly traded entities, focusing on high-growth sectors [1] - Palihapitiya's warning to retail investors emphasizes the volatility and risks associated with SPAC investments, suggesting they are better suited for institutional investors [2][3] - Historical performance of Palihapitiya's previous SPACs indicates significant losses, with many down over 90% from their launch date [4] Group 2 - Goldman Sachs previously banned itself from underwriting SPACs for three years but has resumed involvement, reflecting a shift in market sentiment [4] - A poll conducted by Palihapitiya revealed that 71% of respondents opposed the launch of new SPACs, indicating a lack of confidence in the SPAC model [4]
American Dynamism Acquisition Co(ADACU) - Prospectus
2025-09-30 20:32
Table of Contents As filed with the Securities and Exchange Commission on September 30, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 American Dynamism Acquisition Company (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Cayman Islands 6770 98-1873976 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer ...
Flag Ship Acquisition Corporation Announces Deposit to Trust Account to Extend Deadline to Consummate Business Combination
Globenewswire· 2025-09-23 06:00
Core Viewpoint - Flag Ship Acquisition Corporation has extended the deadline for completing its business combination by one month to October 20, 2025, with a deposit of $60,000 made by its sponsor, Whale Management Corporation [1][2]. Company Overview - Flag Ship Acquisition Corporation is a publicly-traded special purpose acquisition company (SPAC) formed to engage in business combinations, including acquisitions, share exchanges, and asset purchases, without limitations on industry or geographic focus [3]. - The company is sponsored by Whale Management Corporation, a business entity based in the British Virgin Islands [3].
Twelve Seas Investment(TWLVU) - Prospectus(update)
2025-09-12 18:44
As filed with the U.S. Securities and Exchange Commission on September 12, 2025. Registration No. 333-286408 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT (Name, address, including zip code, and telephone number, including area code, of agent for service) ____________________________ Dimitri Elkin Chief Executive Officer 2685 Nottingham Avenue Los Angeles, CA 90027 (917) 361-1177 UNDER THE SECURITIES AC ...
CSLM Digital Asset Acquisition Corp III, Ltd Announces Closing of $230 Million Initial Public Offering
Globenewswire· 2025-08-28 20:15
Group 1 - CSLM Digital Asset Acquisition Corp III, Ltd has successfully closed its initial public offering, raising gross proceeds of $230 million by issuing 23 million units at an offering price of $10.00 per unit [1][2] - The units began trading on Nasdaq under the ticker symbol "KOYNU" on August 27, 2025, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant [2] - The SPAC is led by a team of experienced executives, including Chairman and CFO Vik Mittal and CEO Charles T. Cassel III, supported by a distinguished board of directors [3] Group 2 - The SPAC aims to target businesses in the digital asset space that are positioned for long-term growth, focusing on sectors such as wallets, custody solutions, exchanges, and tokenized financial instruments [4] - The strategy leverages the management team's extensive experience in emerging markets and their affiliations with Consilium Investment Management and Meteora Capital to create long-term value [4][8] - The company intends to focus on "new economy sectors" within Frontier Growth Markets, which include technology, financial services, and media [8]
Prediction: Chamath Palihapitiya's $250 Million SPAC Could Create the Next Palantir for America's Energy Grid
The Motley Fool· 2025-08-24 15:42
Core Insights - Chamath Palihapitiya is launching a $250 million SPAC named American Exceptionalism Acquisition Corp, reigniting interest in SPACs after a period of decline [1][2] - The SPAC focuses on four key pillars essential to U.S. competitiveness: artificial intelligence (AI), decentralized finance (DeFi), defense, and energy production [4][5] - A potential candidate for acquisition is Amperon, a Houston-based company that provides AI-powered software for the power grid, addressing challenges in energy demand forecasting and optimization [9][10] Company Overview - American Exceptionalism Acquisition Corp aims to back companies at the intersection of AI, defense, DeFi, and energy, aligning with significant growth opportunities in the American economy [15][20] - Amperon functions as an operating system for the power grid, offering real-time intelligence to utilities and energy traders, similar to how Palantir Technologies operates in defense and enterprise intelligence [10][11] - The strategic collaborations Amperon has established with major companies like Microsoft and National Grid could enhance its market position and expand its influence in the energy sector [12][14] Industry Context - The U.S. economy is experiencing transformative changes driven by AI, comparable to the Industrial Revolution, but faces challenges such as the strain on the power grid due to increased energy demands from tech giants [5][6][7] - The total addressable market (TAM) for Amperon is broader than it appears, as its technology can support various sectors, including crypto and DeFi, where reliable energy sources are critical [14] - The convergence of themes across AI, defense, crypto, and energy positions American Exceptionalism Acquisition Corp as a unique opportunity for potential explosive growth in the current market landscape [20]
Pioneer Acquisition I Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about August 15, 2025
Globenewswire· 2025-08-12 20:05
Group 1 - The Company, Pioneer Acquisition I Corp, announced that holders of its initial public offering units may begin to separately trade Class A ordinary shares and warrants starting on or about August 15, 2025 [1] - The initial public offering consisted of 25,300,000 units, including 3,300,000 units from the underwriters' overallotment option, completed on June 20, 2025 [1] - Units that are not separated will continue to trade under the symbol "PACHU," while Class A ordinary shares and warrants will trade under the symbols "PACH" and "PACHW," respectively [1] Group 2 - The Company is a blank check company incorporated in the Cayman Islands, aiming to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities [2] - A registration statement for the securities was declared effective on June 17, 2025, in accordance with the Securities Act of 1933 [3]
Quantumsphere Acquisition Corporation Announces Closing of $82,800,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2025-08-07 20:05
Group 1 - Quantumsphere Acquisition Corporation has successfully closed its initial public offering (IPO) of 8,280,000 units at a price of $10.00 per unit, including the full exercise of the underwriters' over-allotment option for an additional 1,080,000 units [1] - Each unit consists of one ordinary share and one right, with each right entitling the holder to receive one-seventh (1/7) of one ordinary share upon the consummation of an initial business combination [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "QUMSU" on August 6, 2025, with ordinary shares and rights expected to be listed under the symbols "QUMS" and "QUMSR," respectively, once they begin separate trading [2] Group 2 - The registration statement for these securities was declared effective by the Securities and Exchange Commission on August 5, 2025, and the offering was made only by means of a prospectus [3] - Quantumsphere Acquisition Corporation is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, without limitations on industry or geographic region [5]
Iron Horse Acquisition II(IRHOU) - Prospectus(update)
2025-08-07 00:33
As filed with the Securities and Exchange Commission on August 6, 2025 Registration No. 333-284331 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 4 Form S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ IRON HORSE ACQUISITIONS CORP. II (Exact name of registrant as specified in its charter) ____________________ | Cayman Islands | 6770 | 33-2152065 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R ...
D. Boral ARC Acquisition I Corp Unit(BCARU) - Prospectus(update)
2025-07-23 15:42
As filed with the U.S. Securities and Exchange Commission on July 23, 2025. Registration No. 333-286810 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 5 TO FORM S-1 (I.R.S. Employer Identification Number) 10 E. 53rd Street, Suite 3001 New York, NY 10022 Telephone: (332) 266-7344 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) David Boral Chief Executive Officer 10 E. 53rd Street, Suite 3001 New York, ...