S
SPACTERMINAL

Where founders make the best choice for the biggest decision of their company.

Before choosing a SPAC, founders use this platform to understand sponsors, compare partners, and model their transaction outcomes — with the same data institutional investors use.

  • Sponsor track records
  • Redemption-adjusted cash
  • Deal term benchmarks
  • No sell-side agenda

Three decisions that determine your outcome

01

Understand sponsors

Track record, completion rate, redemption history and sector experience — scored for founders, not traders.

Open Sponsor Directory
02

Compare partners

Rank sponsors by fit with your industry, valuation, capital requirement and geography.

Run SPAC Match
03

Model your outcome

See cash after redemptions, founder ownership and total dilution before you sign an LOI.

Open Dilution Simulator

Top-ranked sponsors

Full directory
SponsorFounder ScoreCompletionRedemptionsTrustSector focusStatus
Kelvin Energy Advisors6467%55%$265.3MEnergy TechnologyAnnounced
Orbit Frontier Partners620%0%$300MSpace & DefenseSearching
Meridian Capital Group5860%52%$320.4MIndustrialAnnounced
Bluemark Holdings5850%47%$240MFintechAnnounced
Stratus Peak Holdings5850%44%$175.6MAI & SoftwareSearching
Apex Horizon Capital4950%58%$287.5MEnergy TechnologyAnnounced

Model your transaction

Full simulator

Adjust redemptions, PIPE and promote to see the cash you actually receive and what you keep.

Transaction Inputs
Estimated cash received
$212M
Founder ownership
73.5%
Total dilution
26.5%
Capital gap
+$12M
Pro-forma Ownership
  • Founders & existing holders73.5%
  • SPAC public shareholders10.2%
  • PIPE investors11.7%
  • Sponsor promote4.5%
Transaction Structure
Trust size$300M
Less redemptions (65%)-$195M
Trust remaining$105M
PIPE proceeds+$120M
Gross proceeds$225M
Fees & expenses (6%)-$14M
Net cash to company$212M
Post-money valuation$1025M

Illustrative model on demonstration data. Excludes earnouts, warrant dilution, forward-purchase agreements and backstop arrangements. Not investment or legal advice.

SPAC 101 for founders

Process, timeline, and the pitfalls that cost founders control.

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Deal term benchmarks

Promote, earnouts, minimum-cash conditions and lock-ups — what's market.

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Market intelligence

The full investor terminal: news, filings, pipeline, screener and performance analytics.

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