Meteora Capital

Meteora Capital, LLC is an investment adviser founded in 2021 by @Vik_Mittal specializing in event driven investments. Not investment advice.

[Meteora Capital @MeteoraCapital]

@vik_mittal had a great time joining Harry You and Brandon Sun on the latest @spac_insider Podcast to take stock of where the SPAC market stands halfway through 2025.

They covered what’s working, what’s evolving, and what’s next — from crypto-native SPACs to broader capital markets dynamics.

Tune in
https://t.co/WO9QOYJxRM

[SPACInsider @spac_insider]

Podcast: SPACs Halfway through 2025: What’s Working, What’s Changing, What’s Next?

This week, we bring together a panel of SPAC veterans to explore the state of the market from the perspectives of sponsors, investors, and underwriters.

Joining us are serial SPAC sponsor Harry You, Brandon Sun, Head of SPAC Banking at Cohen & Company, and @vik_mittal , MD at Meteora Capital.

Together, they unpack how the complexion of the 2025 SPAC market is shifting and which strategies are rising to the top. How have crypto-focused deals reshaped the landscape, and how many more iterations of that playbook can succeed?

We also get into how macro headwinds and tailwinds affect the traditional IPO window and SPAC deal flow, and whether activity is poised to accelerate in the second half of the year.

It’s a wide-ranging, mid-year pulse check-in on SPACs. Give it a listen.

https://t.co/FXzZvdtCZl

[SPACInsider @spac_insider]

Podcast: Inside ReserveOne’s Deal with M-3 Brigade V $MBAV

We sat down with @sebastianbea , President and Head of Investments at @ReserveOne_ , which announced a $1 bn deal with M3-Brigade V $MBAV last month.

We’re also joined by @vik_mittal , Managing Member at Meteora Capital Partners. They discuss why this particular play has come to the forefront of the market now and how the market has reacted as more and more entries of this deal-type have been announced.

Sebastian also explains how ReserveOne plans to generate returns greater than the value of its underlying assets and are earmarking a portion of its portfolio for private investments.

How will ReserveOne and other companies of this type continue to differentiate themselves as their cohort grows? And what happens if the US government changes its attitude on crypto once again?

Give it a listen.
https://t.co/bFefwltwaO

[VikMittal @vik_mittal]

Figma just dropped a bombshell in their IPO filing - $70M in Bitcoin ETFs + $30M more in spot BTC coming!
This isn’t another meme company - Figma has $871M revenue and is used by 95% of Fortune 500 companies. Real business, real profits, real Bitcoin strategy.
The future of corporate treasuries? 📈 #Bitcoin

[Julian Klymochko @JulianKlymochko]

You gotta fight for your right.

SPAC rights are trading at multi-year highs.

[Meteora Capital @MeteoraCapital]

📢 Thunderstone Acquisition Corp. (NASDAQ:THNSU) has filed for a $50M SPAC IPO.
Each unit includes 1 share + 1/8 warrant.
18-month window to complete a business combination.
Asia-based team leading the effort.
#SPAC #IPO $THNSU

[Meteora Capital @MeteoraCapital]

💊 Merck to acquire UK's Verona Pharma for $10B, gaining promising COPD drug Ohtuvayre to diversify beyond Keytruda blockbuster #MergersAndAcquisitions #Pharma https://t.co/BNzAWdi7zB

[SPAC Trader @Spac__Trader]

$GTERU New IPO: $10.00 trust, 3/4 warrant, and 1 R (1/10 sh) unit. I like it just from an ARB standpoint at current levels considering recent split R and W prices. As a bonus, they also have two directors that were part of the $DWAC team, and one is also a director on $RTAC.

[Julian Klymochko @JulianKlymochko]

Absolute Return Podcast #257

Crypto Treasury Companies with Upexi’s CSO Brian Rudick and Meteora’s CIO Vik Mittal

@thetinyant @vik_mittal @UpexiTreasury $UPXI

[Meteora Capital @MeteoraCapital]

Chenghe Acquisition III Co. (NASDAQ: CHEC.U) has filed for a $110 million IPO. This marks the third SPAC from the Chenghe team. Investors will receive a half warrant per unit, and the SPAC also has an 18-month deadline to finalize a merger.

[SPAC Spin @SPACspin]

$MBAV 🤝✅ OFFICIAL DA:
ReserveOne Sets Out to Build the Digital Reserve of the Future
Plans to List on NASDAQ Following Business Combination with M3-Brigade Acquisition V Corp. in a $1 Billion Transaction
https://t.co/eXGTsh9Hr8

[Meteora Capital @MeteoraCapital]

Our CIO Vik Mittal joins @JulianKlymochko on the Accelerate podcast to dive deep into the rise of crypto treasury companies - tune in below

https://t.co/2YvV0kH3oa

[Julian Klymochko @JulianKlymochko]

Absolute Return Podcast #257

Crypto Treasury Companies with Upexi’s CSO Brian Rudick and Meteora’s CIO Vik Mittal

@thetinyant @vik_mittal @UpexiTreasury $UPXI

[Meteora Capital @MeteoraCapital]

Wishing everyone a joyful and safe Independence Day!

[VikMittal @vik_mittal]

��� Origin Investment Corp I prices $60M SPAC IPO at $10/unit, offering 6M units with half-warrant structure as new blank check company enters market $ORIG #SPAC #BlankCheck https://t.co/wft9SxB7Tb #DYOR See disclaimer in header

[Meteora Capital @MeteoraCapital]

🚀 Rocket Companies completes acquisition of Redfin, combining America's largest mortgage lender with major real estate search platform to create real estate services powerhouse #MandA https://t.co/g2pYXqvATL

[Meteora Capital @MeteoraCapital]

DOJ clears $14B HPE-Juniper Networks merger after divestiture agreement, paving way for major enterprise networking consolidation #MandA https://t.co/fnOS05gLrI

[Julian Klymochko @JulianKlymochko]

Recording a new episode of the Absolute Return Podcast today on SPACs/RTOs + Digital Assets with guests:

• Vik Mittal (@vik_mittal) – Meteora Capital ( $TACO, $KOYNU)

• Brian Rudick (@thetinyant) – Upexi ( $UPXI)

We’ll unpack:

• Recent trends in how SPACs & RTOs are being used to back digital asset treasury companies

• The evolving regulatory outlook for crypto-facing public cos

• The mechanics of the digital asset treasury model

• Capital markets dynamics: from token balance sheets to equity multiples

• The virtuous cycle between token adoption and public market interest

Let me know if you have any questions for Vik and Brian

[Meteora Capital @MeteoraCapital]

Ad giants Omnicom and Interpublic agree to FTC merger terms, pledging not to boycott media platforms over political content - major consolidation in advertising industry #MandA https://t.co/XEPdcpwigG

[Julian Klymochko @JulianKlymochko]

Today's M&A notes

$GMS to be acquired by $HD for $110.00 cash/share, 50.2% premium, $5.5 billion
$BGFV to be acquired by Worldwide Golf / Capitol Hill Group for $1.45 cash/share, 21.8% premium, $112.7 million
$JNPR / $HPE entered settlement with DOJ

https://t.co/TWiaggqlhP

[Meteora Capital @MeteoraCapital]

Capital One completes $35.3B acquisition of Discover after clearing regulatory hurdles #MandA https://t.co/ncLzEw4dqP