SPAC News

MINNEAPOLIS--(BUSINESS WIRE)--X3 Acquisition Corp. Ltd. (Nasdaq: XCBEU) (the “Company”) today announced that, commencing March 13, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on The Nasdaq Glo...

NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (NASDAQ: FVAV) (www.fortressvalueac5.com) (the “Company”), today announced that the underwriter, pursuant to the terms of the underwriting agreement, exercised in full its previously announced option to purchase up to 3,750,000 newly issued Class A ordinary shares to cover over-allotments, generating additional gross proceeds of $37,500,000. Following the full exercise of the over-allotment option, the total aggregate issuance by the...

FORT WORTH, Texas--(BUSINESS WIRE)--Presidio Investment Holdings LLC (“Presidio" or the “Company”), an oil and gas operator focused on the acquisition and optimization of producing oil and natural gas wells without drilling, announced today that it has completed its business combination with EQV Ventures Acquisition Corp. (NYSE: FTW) (“EQV”) (the “Transaction”), creating a publicly traded company with a $735 million enterprise valuei, an anticipated dividend yield of 12.2%ii, and a management t...

PARIS & NEW YORK--(BUSINESS WIRE)--Pasqal Holding SAS (“Pasqal”), a global leader in neutral atom quantum computing, and Bleichroeder Acquisition Corp. II (“Bleichroeder”), a SPAC led and backed by Michel Combes and Andrew Gundlach (Nasdaq: BBCQ), announced today that they have entered into a definitive business combination agreement (“BCA”), following the consummation of which the go forward company will operate as Pasqal and is expected to be listed on Nasdaq. The proposed transaction is expe...

NEW YORK--(BUSINESS WIRE)--Illumination Acquisition Corp I (Nasdaq: ILLUU) (the “Company”) announced today that it closed its initial public offering of 23,000,000 units, including the full 3,000,000 units subject to the underwriter’s over-allotment option, at $10.00 per unit. The offering resulted in gross proceeds to the Company of $230,000,000. The Company’s units are listed on the Nasdaq Global Market (“Nasdaq”) and commenced trading under the ticker symbol “ILLUU” on February 27, 2026. Eac...

NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (the “Company”), a blank check company sponsored by an affiliate of Fortress Investment Group LLC and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 25,000,000 Class A ordinary shares. The offering was priced at $10.00 per share, resulting in gross...

LONDON--(BUSINESS WIRE)--ThomasLloyd Climate Solutions B.V. ("ThomasLloyd" or the "Company"), a vertically integrated sustainable energy and technology solutions provider, and Roman DBDR Acquisition Corp. II (NASDAQ: DRDB, DRDBW, DRDBU) ("Roman DBDR"), today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”, and the transactions contemplated by that agreement, the “Proposed Business Combination”). Pursuant to the Business Com...

NEW YORK--(BUSINESS WIRE)--Illumination Acquisition Corp I (the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and are expected to begin trading under the ticker symbol “ILLUU” on February 27, 2026. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary sh...

NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (the “Company”), a blank check company sponsored by an affiliate of Fortress Investment Group LLC and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 25,000,000 Class A ordinary shares at a price of $10.00 per share. The Class A ordinary shares will...

NEW YORK--(BUSINESS WIRE)--Bitcoin Standard Treasury Company (“BSTR” or the “Company”), an operating company dedicated to accumulating Bitcoin and providing investors exposure to Bitcoin with both yield and alpha strategies through its actively managed Bitcoin holdings, today announced the appointment of Robert “Bob” Stefanowski as Chief Financial Officer of BSTR. Mr. Stefanowski is a respected global finance executive with more than 25 years of leadership experience across private credit, stru...