🎯 SPAC Tracker — Mergers, Redemptions, Trust Values

Bloomberg SPAC alternative for the rest of us. Pay-per-result tracking of active Special Purpose Acquisition Companies (SPACs): trust values, combination deadlines, announced mergers, redemption rates, sponsor data, warrant tickers. Built for special situations desks, SPAC arbitrage funds, and retail SPAC traders who want the SPAC-Research-Premium dataset without the $25K seat.

SPACs are weird, lumpy, and full of edges. A SPAC searching for a target with a $10.30 trust value trading at $10.10 is essentially a free option on the merger — but only if you know the deadline, the redemption mechanics, and whether the sponsor has skin in the game. This actor surfaces that signal in a single dataset row.

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What this actor does

For every SPAC in coverage, returns a structured record with:

Field	Meaning
symbol	Common-share ticker (the unit U and warrant W variants are linked)
name	Legal entity name
status	Searching, Announced, Voting, Completed, Liquidated
target_company	If a merger has been announced, the operating target
target_sector	EV, Biotech, Fintech, AI, AgTech, Defense, etc.
ipo_date, ipo_amount_usd	When the SPAC IPO'd and how much it raised into trust
trust_value_per_share	Current per-share trust value (the redemption floor)
current_price	Live common-share price from Yahoo Finance
discount_to_trust_pct	(trust − price) / trust × 100 — the arb opportunity
deadline_date	Combination deadline (after which the trust must be returned)
days_to_deadline	Computed days remaining
sponsor_name	The promoter/sponsor entity (Klein, Gores, Hennessy, Ares…)
lead_underwriters	Banks that took the IPO public
redemption_rate_pct	If announced/voted, what % of public shares redeemed
warrant_symbol, warrant_price	Linked warrant if outstanding
data_source	Provenance — curated baseline, SEC EDGAR 425, or both

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How it works

The actor combines three signals:

1. SEC EDGAR full-text search — pulls every Form 425 (SPAC business-combination communication) filed in the trailing ~120 days, then deduplicates to issuer level. This catches new SPACs and merger-announcement chatter the moment it hits EDGAR.
2. Curated baseline of high-profile active SPACs — Churchill, Gores, Ares, Hennessy, Cantor (CF), Kensington, Investcorp, Plum, Pepperlime, Bleichroeder, Columbus, Bowen, AParadise, FinServ, Spark, Twelve Seas, plus completed and liquidated case studies (Polestar / GIIX, Gelesis / GLSHQ, CCC / DGNR, Volato / SOAR, PowerUp / PWUP).
3. Yahoo Finance — live common-share price lookups for ticker survivors so discount_to_trust_pct is real-time, not a stale snapshot.

The SEC-discovered list refreshes every run; the curated list provides the trust-value and sponsor attributes that EDGAR headers don't carry.

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Input

Field	Type	Default	Description
limit	int	50	Max records to return
status	enum	all	Searching / Announced / Voting / Completed / Liquidated / all
min_trust_usd	number	0	Minimum trust-per-share floor
days_to_deadline_max	int	0	Only SPACs with combination deadlines within N days (0 disables)
sector	string	""	Substring match on target_sector (e.g. EV, Biotech, Fintech)

Example inputs

Find every announced de-SPAC merger that hasn't voted yet:

{ "status": "Announced", "limit": 100 }

Find SPACs with deadlines inside 90 days (extension or liquidation watchlist):

{ "status": "Searching", "days_to_deadline_max": 90 }

EV-sector SPACs with trust ≥ $10.20:

{ "sector": "EV", "min_trust_usd": 10.20 }

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Pricing

Pay-per-event. You pay only for what's returned:

Event	Cost
Actor start	$0.01
Per SPAC record	$0.15

A 50-record sweep of every announced de-SPAC merger costs $0.01 + 50 × $0.15 = $7.51. A daily 5-record watchlist of the SPACs closest to their deadline costs $0.76 per run, ~$23 / month.

That's signal-rich proprietary data at a fraction of the cost of the legacy terminals:

How we compare

	SPAC Tracker (this actor)	Bloomberg Terminal	FactSet	SPAC Research Premium	SPACInsider Pro
Annual cost	~$50 / mo on demand	$24,000+ / seat	$12,000+ / seat	$4,800+ / yr	$1,800+ / yr
Trust value per share	✅	✅	✅	✅	✅
Combination deadline	✅	✅	⚠️ partial	✅	✅
Live discount to trust	✅	✅	✅	⚠️ EOD	⚠️ EOD
Redemption rate	✅	✅	✅	✅	✅
API / JSON	✅	⚠️ B-PIPE only	⚠️ FactSet API	❌ PDF + CSV	❌ CSV
Pay-per-record	✅	❌ seat	❌ seat	❌ subscription	❌ subscription
Procurement-free	✅	❌	❌	❌	❌
Time to first record	< 60 seconds	weeks	weeks	days	days

You don't need a Bloomberg terminal to run SPAC arbitrage. You need the deadline, the trust value, and the live price. This actor gives you all three.

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Buyer personas

• Special-situations PMs — screen for SPACs trading at >2% discount to trust with <12 months to deadline. Riskless yield plus optionality.
• SPAC-arb funds — full universe ingestion daily, programmatic redemption signal harvesting.
• Retail SPAC traders — pre-merger watchlist with sponsor reputation and target sector.
• De-SPAC operators / boutique IBs — sponsor-relationship map for cross-selling.
• Activist short sellers — identify SPACs with 90%+ redemption rates (early dilution warning).
• Equity research analysts — backfill data for de-SPAC coverage initiation notes.

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Why "Tier 5 niche specialty"?

SPACs are a niche dataset — there's no Bloomberg substitute under $10K/year, and the open web is hostile (SPAC Research is behind paywall, SPACInsider is half-rendered JS). But every announcement creates a real money-on-the-table arb. The signal density is high enough that $0.15 per SPAC record is a screaming buy versus competing data products. We price for the signal, not the row.

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Sister actors — the NexGenData equities-data fleet

Combine SPAC Tracker with the rest of the NexGenData fleet for full event-driven coverage:

• 🚀 IPO Tracker — nexgendata/ipo-tracker — upcoming and recent IPOs, the SPAC merger's "traditional" alternative. Pair these to spot SPAC issuers that lose targets to direct listings.
• 🧾 SEC Form 13F Holdings Tracker — nexgendata/sec-form-13f-holdings-tracker — see which hedge funds own SPAC commons and warrants. Cross-reference the sponsor's stake against institutional accumulation.
• ⚡ SEC Form 8-K Material Events Scraper — nexgendata/sec-form-8k-material-events-scraper — every announcement, every extension vote, every sponsor PIPE filed as 8-K. Layer it on top of SPAC Tracker for the full event log.
• 📊 Finviz Stock Screener — nexgendata/finviz-stock-screener — once a SPAC completes its de-SPAC and trades as the operating company, push the new ticker through Finviz for fundamentals.
• 🔻 Short Interest Tracker — nexgendata/short-interest-tracker — post-de-SPAC short interest is the canonical signal. A 25%+ short ratio on a freshly merged ex-SPAC is a flashing red light.
• 🤖 Finance MCP Server — nexgendata/finance-mcp-server — talk to all of these from Claude / ChatGPT / Cursor via MCP. "Show me every announced SPAC with a deadline inside 60 days and trust > $10.30."

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Output sample

{
  "symbol": "AACT",
  "name": "Ares Acquisition Corporation II",
  "status": "Announced",
  "target_company": "Kodiak Robotics",
  "target_sector": "Autonomous Trucking",
  "ipo_date": "2023-06-12",
  "ipo_amount_usd": 450000000,
  "trust_value_per_share": 10.45,
  "current_price": 10.31,
  "discount_to_trust_pct": 1.34,
  "deadline_date": "2026-06-12",
  "days_to_deadline": 31,
  "sponsor_name": "Ares Management (David Kaplan)",
  "lead_underwriters": ["Citigroup", "Morgan Stanley"],
  "redemption_rate_pct": null,
  "warrant_symbol": "AACT.WS",
  "warrant_price": null,
  "data_source": "curated_baseline+sec_edgar_425"
}

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Data refresh and reliability

• Source 1 — SEC EDGAR Form 425 is the gold standard for SPAC merger communications and runs against the same efts.sec.gov full-text index that powers the SEC's own search UI. Refreshes every actor run.
• Source 2 — curated baseline is human-maintained. We refresh it on a rolling basis as new SPACs IPO, announce, vote, or liquidate. PRs welcome.
• Source 3 — Yahoo Finance provides live common-share prices and is best-effort. If the SPAC ticker is delisted post-merger, current_price will be null and discount_to_trust_pct will be omitted.

We do not scrape SPAC Research (paywalled, ToS-restricted) or SPACInsider Pro. Everything in this actor is sourced from public SEC filings or public Yahoo Finance chart endpoints.

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FAQ

Q: How often should I run this? Once a day during normal markets is fine. Run it intraday around SPAC vote days (especially 18:00 UTC when 8-K vote tallies tend to hit).

Q: Why is redemption_rate_pct null on most records? Because redemption rates are only known once a vote has been held or extension has closed. Pre-vote SPACs have no redemption rate to report.

Q: Does this cover non-US SPACs (LSE, SGX)? Not yet. The current pipeline is US-only (EDGAR-anchored). LSE/SGX SPAC coverage is on the roadmap — let us know if you need it.

Q: Can I integrate this with my fund's risk system? Yes. The output is plain JSON; pipe the Apify dataset into Snowflake, BigQuery, or Postgres via the Apify integrations menu. Many funds run this on a 6-hour cron into a spac_universe table.

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Get started

Click Try for free, set {"limit": 5} to validate the schema, then dial up limit and add filters as you build your watchlist.

Looking for more actors like this? Browse the full NexGenData fleet and earn me a coffee: https://apify.com/nexgendata?fpr=2ayu9b 🎯