Daily SPAC Update – May 5, 2026

SPAC IPO Update

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 2Prior: 16MoM: -14
22
May ’25
10
Jun ’25
13
Jul ’25
8
Aug ’25
14
Sep ’25
14
Oct ’25
10
Nov ’25
22
Dec ’25
24
Jan ’26
27Peak
Feb ’26
11
Mar ’26
16
Apr ’26
2
May ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 2 IPOs ($500M) · 12-mo avg: 15.9/mo
New SPAC IPOs
Date Ticker Issuer IPO Size
May 01 MTNE CH4 NATURAL SOLUTIONS CORP $300M
May 01 QLEP QUANTUM LEAP ACQUISITION CORP $200M
Apr 30 ARBC ARC GROUP ACQUISITION I CORP $105M  $16M overallotment
Apr 30 FTHA FOREFRONT TECH HOLDINGS ACQUISITION CORP $100M
Apr 30 GCGR GENERAL CATALYST GLOBAL RESILIENCE MERGER CORP $350M
Apr 30 MCAH MOUNTAIN CREST ACQUISITION 6 CORP $60M
Apr 30 RREV RRE VENTURES ACQUISITION CORP $250M
Apr 30 WENC WEST ENCLAVE MERGER CORP $100M
Apr 29 CAII COLLECTIVE ACQUISITION CORP II $220M
Apr 28 CXII CHURCHILL CAPITAL CORP XII $360M  $54M overallotment
Apr 28 IACQ IRENIC ACQUISITION CORP $220M
Apr 28 PLUN PLUTONIAN ACQUISITION CORP II $100M
Source: Boardroom Alpha

Daily SPAC Update

SPAC VOTE RESULTS
APARADISE ACQUISITION CORP (APAD) * Deal Approved with Enhanced Ltd * 19,615,531 redeemed
WILLOW LANE ACQUISITION CORP (WLAC) * Deal Approved with Boost Run Inc

EXTENSION VOTES
LEGATO MERGER CORP III (LEGT) * vote May 5, 2026 -> extend to August 8, 2026

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-05-03: FSHP + Great Future Technology Inc

SEPARATE WARRANTS/RIGHTS
May 07: QUASAREDGE ACQUISITION CORP (QRED)
May 05: PONO CAPITAL FOUR INC (PONO)

OTHER SPAC NEWS
SILVERBOX CORP IV (SBXD) * Merger Agreement Amendment
FLAG SHIP ACQUISITION CORP (FSHP) * Deal Termination

SPAC Executive & Director Moves

SPAC Executive & Director Moves
Company Ticker Moves
COLLECTIVE ACQUISITION CORP II CAIIU
  • On April 28, 2026, Daniel Hoffman, Matthew Burns, James Shekerdemian, and Francis Beaudette were appointed as new directors, while Samuel Sayegh was appointed Chairman of the Board.  (view source)
WEST ENCLAVE MERGER CORP WENC.U
  • On April 29, 2026, Jean-Michel Enriquez Dahlhaus and Hector Madero Rivero were appointed to the board of directors of the Company.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
GENERAL PURPOSE ACQUISITION CORP GPAC 23.7% $ 12.33 Pre-Deal
STONEBRIDGE ACQUISITION II CORP APAC 11.7% $ 11.27 Pre-Deal
WILLOW LANE ACQUISITION CORP WLAC 4.8% $ 18.74 Announced
APARADISE ACQUISITION CORP APAD 4.7% $ 11.15 Announced
VOYAGER ACQUISITION CORP VACH 2.2% $ 13.00 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
RISING DRAGON ACQUISITION CORP RDAC -13.8% $ 8.01 Announced
AIMEI HEALTH TECHNOLOGY CO LTD AFJK -5.8% $ 43.50 Announced
ASPAC III ACQUISITION CORP ASPC -3.5% $ 11.55 Announced
HORIZON SPACE ACQUISITION II CORP HSPT -2.2% $ 8.51 Announced
HELIX ACQUISITION CORP III HLXC -1.0% $ 10.20 Pre-Deal
Source: Boardroom Alpha market data

Recent Analysis

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