US SPAC activity remained strong in January, with newly formed blank check companies raising over $2 billion through IPOs this month. Previously, the 2025 SPAC market performed robustly, with 144 companies raising approximately $30 billion, reaching the highest level since 2021. This surge has led to nearly 200 SPACs actively seeking acquisition targets, posing a critical test for the continued relevance of SPACs in transactions.

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