2025 SPAC Market Update with Dimitre Genov, Ed Kovary, and Nick Skibo

In this special follow-up edition of the SPACInsider Podcast, we check back in with Dimitre Genov, Ed Kovary, and Nick Skibo, who last joined us at the end of Q3 2024, to assess the state of the SPAC market in 2025 and the key dynamics shaping the landscape.

Our panel brings together perspectives from across the SPAC ecosystem—banking, investing, and advisory—to provide a well-rounded view of the latest market shifts.

Joining us are:

• Ed Kovary, Head of SPAC Capital Markets at BTIG
• Nick Skibo, Managing Partner at Gritstone Asset Management
• Dimitre Genov, Managing Director at Brookline Capital Markets, advising SPAC sponsors on IPOs and de-SPAC transactions

Together, they break down early indicators of SPAC activity for the year ahead, discuss trends such as warrants versus rights, overfunding, and transaction deadlines, and analyze how the new administration’s regulatory changes, particularly at the SEC, could impact dealmakers.

Tune in for an in-depth discussion on the 2025 SPAC market.