GP-ACT III Acquisition (GPAT) disclosed non-redemption agreements tied to extension and trust-amendment votes, with investors pledging support and no redemptions alongside sponsor share transfers. Breeze Acquisition Corp. II (BREZ) priced a $125M IPO today with 100.2% initial trust funding; May MTD is 6 IPOs for $825M through 13 sessions vs. 2 IPOs / $350M at the same point last month.
SPAC IPO Update
SPAC IPO Count
Month-to-date: 6 IPOs ($825M) vs. first 13 days of last month 2 ($350M) · 12-mo avg: 15.9/mo
Ticker: BREZ (Units: BREZU) · Size: $125M
Breeze Acquisition Corp. II priced its $125M IPO on May 12, 2026, and began trading on the Nasdaq under the ticker BREZU. The company targets businesses with global operations and differentiated technology, focusing on sectors like healthcare, biotechnology, and artificial intelligence. Breeze Sponsor II, LLC is the sponsor of this SPAC.
Leadership:
- Anthony Przybyslawski (Director): Former Major General in the U.S. Air Force and ex-Executive Director of Business Development at Boeing for Air Force and Space Force Programs.
- Charles M. Balch (Director): Senior leader in oncology with extensive experience at MD Anderson Cancer Center and as CEO of the American Society of Clinical Oncology.
- J Douglas Ramsey (CEO, CFO, Director): Previously CEO of Breeze Holdings Acquisition Corp., which merged with YD Biopharma, and has over 34 years as a financial executive.
- Michael J. Pine (Director): Former Chief Revenue Officer at UFC and WWE, founder of Talon Partnerships & Events, LLC.
- Rick Baldwin (Director): Chief Revenue Officer at ProtectAll and partner at Transition Capital Partners with a strong background in business development and M&A.
Structure: 12.5M units at $10.00 each. Each unit includes one ordinary share and one right, with book-runners IB Capital LLC and I-Bankers Securities, Inc.
| Date | Ticker | Issuer | IPO Size | Trust Funding |
|---|---|---|---|---|
| May 13 | BREZ | Breeze Acquisition Corp. II | $125M | 100.2% |
| May 08 | OTAI | STARLINK AI ACQUISITION CORP | $100M | 100.5% |
| May 07 | SAGU | SHREYA ACQUISITION GROUP | $100M $10M overallotment | 100.0% |
| May 06 | VECA | VERNAL CAPITAL ACQUISITION CORP | $100M | 100.5% |
Daily SPAC Update
SPAC VOTE RESULTS
AQUARON ACQUISITION CORP (AQU) * Extend to May 06, 2027
SPAC DEAL & EXTENSION VOTES SET
Fg Merger Ii Corp (FGMC) * DEAL VOTE SET: Jun 09, 2026 * trust $10.27
Tavia Acquisition Corp (TAVI) * EXTENSION VOTE SET: Jun 02, 2026 * trust $10.59
SPAC EXTENSIONS
AQUARON ACQUISITION CORP (AQU) * Extension FilingStockholders approved monthly extensions to complete a business combination and a trust amendment; issued a $4,000 promissory note to Huture.
INCEPTION GROWTH ACQUISITION LTD (IGTA) * Extension FilingExtends business combination deadline to June 13, 2026 by depositing funds; press release issued May 12, 2026.
WINVEST ACQUISITION CORP (WINV) * Extension FilingSponsor extends SPAC deadline with third $30k drawdown; funds deposited to the Trust for extension.
SEPARATE WARRANTS/RIGHTS
May 11: BLUE WATER ACQUISITION CORP IV (BWIV)
OTHER SPAC NEWS
SILVERBOX CORP IV (SBXD) * Investor Deck
GP-ACT III ACQUISITION CORP (GPAT) * Voting AgreementInvestors sign non-redemption agreements to back extensions and trust amendments, pledging votes and no redemptions; sponsor to transfer shares.
SPAC Movers
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| VOYAGER ACQUISITION CORP | VACH | 12.3% | $ 12.25 | Announced |
| KEEN VISION ACQUISITION CORP | KVAC | 3.1% | $ 12.46 | Announced |
| GP-ACT III ACQUISITION CORP | GPAT | 0.9% | $ 10.89 | Pre-Deal |
| BAYVIEW ACQUISITION CORP | BAYA | 0.8% | $ 11.88 | Announced |
| JENA ACQUISITION CORP II | JENA | 0.7% | $ 10.35 | Pre-Deal |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| GIGCAPITAL7 CORP | GIG | -13.6% | $ 4.77 | Announced |
| STONEBRIDGE ACQUISITION II CORP | APAC | -12.3% | $ 10.10 | Pre-Deal |
| HORIZON SPACE ACQUISITION II CORP | HSPT | -11.7% | $ 7.60 | Announced |
| GENERAL PURPOSE ACQUISITION CORP | GPAC | -9.2% | $ 9.97 | Pre-Deal |
| CANTOR EQUITY PARTNERS III INC | CAEP | -3.6% | $ 12.11 | Announced |