SPAC Market Update June 12, 2026: BOWN Extension Approval, YHNA Nasdaq Notice

SPAC IPO Update —

No SPAC IPOs priced on ; June MTD now stands at 10 IPOs totaling $1.68B over 12 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 10Prior: 20MoM: -10
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
20
May ’26
10
Jun ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 10 IPOs ($1.68B) vs. first 12 days of last month 5 ($700M) · 12-mo avg: 16/mo
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jun 10 JAB JAB Acquisition Corp I $150M 100.0%
Jun 10 SHOT RMG ML SPORTS HOLDINGS $200M 100.0%
Jun 09 OCAC OCEAN CAPITAL ACQUISITION CORP $100M 100.0%
Jun 09 ISNR SNOW ROTHSCHILD ACQUISITION CORP $200M 100.0%
Jun 05 FTRA FUTURECORP SPACE ACQUISITION 1 $200M  $30M overallotment 100.0%
Jun 04 IPV INTERPRIVATE INVESTMENT PARTNERS V INC $175M  $26M overallotment 100.0%
Jun 04 LTGR LONG TABLE GROWTH CORP $150M  $23M overallotment 100.5%
Jun 03 AESP AEON ACQUISITION I CORP $125M  $19M overallotment 100.0%
Jun 03 APMC AMPERCAP ACQUISITION CO $125M 101.0%
Jun 03 KEYY KEYSTONE ACQUISITION CORP $250M  $38M overallotment 100.2%
Source: Boardroom Alpha

Daily SPAC Update —

SPAC VOTE RESULTS
BOWEN ACQUISITION CORP (BOWN) * Extend to

SPAC DEALS ANNOUNCED
June 11 | Spark I Acquisition Corp (SPKL) + ZincFive, Inc.ZincFive, Inc. develops power solutions for mission-critical infrastructure using nickel-zinc battery technology. Its energy storage systems are designed for data centers, industrial operations, and AI-related infrastructure. Headquartered in Oregon, the company serves customers globally.
June 11 | Copley Acquisition Corp (COPL) + Ignite Proteomics Holdings,Ignite Proteomics Holdings is a functional proteomics company that advances precision oncology by measuring protein expression and pathway activation. Its Reverse Phase Protein Array platform assesses functional protein and phosphoprotein activity from tumor tissue to aid therapy selection in oncology. Currently, it focuses on breast cancer but plans to expand into other tumor types, therapeutic classes, and clinical applications.
June 9 | Quasaredge Acquisition Corp (QRED) + Robseek Intelligence Inc.Robseek Intelligence Inc. develops an ecosystem that combines devices, data, artificial intelligence, and services to create a network for smart device distribution. Its NOVA AI advertising platform and the planned ALIF AI smart-device ecosystem aim to integrate AI-enabled advertising with smart devices and related services. Through its subsidiaries, it focuses on expanding its AI-driven ecosystem in technology-enabled markets.
June 8 | Inflection Point Acquisition Corp VI (IPFX) + Quantum SpaceQuantum Space develops advanced maneuverable spacecraft for national security, civil, and commercial space operations. Its primary product, the Ranger platform, features patented propulsion and modular flexibility, allowing it to meet the diverse needs of its customers. The spacecraft is designed to outperform legacy satellites and support various mission requirements.

SPAC DEAL & EXTENSION VOTES SET
Eureka Acquisition Corp (EURK) * EXTENSION VOTE SET: June 29, 2026 * trust $11.42

EXTENSION VOTES
CENTURION ACQUISITION CORP (ALF)vote -> extend from to

SPAC EXTENSIONS
FUTURE VISION II ACQUISITION CORP (FVN) * Extension FilingSponsor extends deadline to via unsecured note; may convert into units and is forgiven if no deal.
MELAR ACQUISITION CORP I (MACI) * Extension FilingMelar Acquisition extends the deadline; sponsor increases monthly trust contribution to up to $80,000, per-share amounts vary with remaining shares.

DeSPACs
June 11 | VACH DeSPAC → VERAXA Biotech (VRXA)VERAXA Biotech focuses on discovering and developing antibody-based therapeutics, including BiTAC antibody-drug conjugates and bispecific T cell engagers. It advances its pipeline of these therapeutics into clinical development, utilizing technologies developed from research at the European Molecular Biology Laboratory. The company operates under quality-by-design principles to guide its development processes.
June 11 | MLAC DeSPAC → Avalanche Treasury Co (AVAT)Avalanche Treasury Co. provides exposure to the Avalanche ecosystem through active treasury management and strategic investments. It operates a purpose-built system that connects traditional finance with blockchain, targeting institutional adoption. The company maintains an exclusive relationship with the Avalanche Foundation.

SEPARATE WARRANTS/RIGHTS
June 11: BREEZE ACQUISITION CORP II (BREZ)
June 10: APERTURE AC (APUR)

OTHER SPAC NEWS
COPLEY ACQUISITION CORP (COPL) * Merger Agreement
HENNESSY CAPITAL INVESTMENT CORP VII (HVII) * Media TranscriptONE Nuclear outlines a gas-to-nuclear bridge, multi-site pipeline, and imminent listing via HVII merger with PIPE.
INFLECTION POINT ACQUISITION CORP VI (IPFX) * Media TranscriptQuantum Space will merge with Inflection Point Acquisition Corp. VI to go public and accelerate capital for Space Force programs.
LIONHEART HOLDINGS (CUB) * Vote PostponedLionheart Holdings postpones Extraordinary General Meeting to ; voting deadline extended to June 17 and redemption deadline to June 16.
SPARK I ACQUISITION CORP (SPKL) * Merger Agreement
SPARK I ACQUISITION CORP (SPKL) * Investor Deck

SPAC LISTING RULE NOTICES
YHN ACQUISITION I LTD (YHNA) * Listing Rule NoticeNasdaq notified YHN Acquisition of non-compliance with minimum total holders; 45-day plan to regain, possible 180-day extension.

SPAC Executive & Director Moves —

SPAC Executive & Director Moves
Company Ticker Moves
RMG ML SPORTS HOLDINGS SHOTU
  • On , Keith Wyness and Robert Warfield were appointed to the board of directors of the Company, while James Carpenter, Douglas Horlick, and Paul Grinberg remain as board members.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers —

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
HORIZON SPACE ACQUISITION II CORP HSPT 19.7% $ 11.02 Announced
SPARK I ACQUISITION CORP SPKL 10.5% $ 12.74 Announced
WHITE PEARL ACQUISITION CORP WPAC 2.3% $ 10.24 Pre-Deal
CANTOR EQUITY PARTNERS VI INC CEPS 2.0% $ 10.25 Pre-Deal
M3-BRIGADE ACQUISITION V CORP MBAV 1.5% $ 10.78 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
AIMEI HEALTH TECHNOLOGY CO LTD AFJK -8.7% $ 34.42 Announced
RISING DRAGON ACQUISITION CORP RDAC -8.2% $ 6.61 Announced
BEST SPAC I ACQUISITION CORP BSAA -1.9% $ 13.20 Announced
LEGATO MERGER CORP IV LEGO -1.2% $ 9.80 Pre-Deal
ASPAC III ACQUISITION CORP ASPC -0.8% $ 10.76 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What did Bowen Acquisition Corp shareholders approve?
    Bowen Acquisition Corp (BOWN) shareholders approved an extension to . The vote result was classified as an extension approval.
  • How many SPAC IPOs priced in June 2026 through June 12?
    10 SPAC IPOs priced for $1,675M through , compared with 5 IPOs for $700M over the same first-12-day span in May 2026.
  • Which SPAC set an upcoming extension vote?
    Eureka Acquisition Corp (EURK) set an extension vote for .
  • How many DeSPACs were recorded this week?
    2 DeSPACs were recorded this week: VACH became VERAXA Biotech (VRXA), and MLAC became Avalanche Treasury Co. (AVAT).
  • What Nasdaq issue did YHN Acquisition I disclose?
    YHN Acquisition I Ltd (YHNA) disclosed a Nasdaq notice for non-compliance with the exchange’s minimum total-holders requirement.


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