Posts by Caleb Walvoord
2026-08-03 at 11:47am
July marked a steady start to the third quarter for the SPAC market, with activity remaining healthy across extensions, completions, new merger announcements, and IPO issuance. Extension activity continued to be characterized by long-duration requests and elevated redemption levels, while completion activity remained active despite several postponed shareholder meetings. ...
2026-05-01 at 12:19pm
April 2026 started Q2 off with increased IPO issuance and deal announcements, slowed completion activity, and extension dynamics continuing to reflect significant redemption pressure on the legacy SPACs and stretched timelines. ...
2026-03-02 at 10:29am
February continued the strong start to the year in IPO activity with the IPO of another 27 SPACs. 2026 stays on track for the highest issuance levels since 2021. February also showed incremental progress in merger completions following January’s pause. ...
2026-01-05 at 11:06am
December 2025 ended Q4 for SPACs with a surge in extension votes, a meaningful pickup in completion approvals, and continued advancing strength in IPO issuance. Older, high-redemption SPACs continue to rely on repeated extensions, while newer vehicles are finding deals faster. ...
2025-12-02 at 11:59am
November 2025 opened the second month of Q4, delivering a mix of extension votes, completion approvals, new merger announcements, and fresh IPO issuance. The divide between newer SPACs, which are advancing quickly toward completions, and older, high-redemption SPACs, which remain reliant on repeated extensions, continues to widen. ...
2025-11-03 at 4:10pm
October 2025 opened the fourth quarter with continued momentum in the SPAC market. There was balanced activity across extensions, completions, and new deal announcements. The ongoing government shutdown has not yet materially disrupted corporate action flow, but that risk is still present going forward. ...