SPAC Market Update June 15, 2026: MBAV-ReserveOne Deal Termination, ATEK $138,584 Redemption

SPAC IPO Update —

No SPAC IPOs priced on ; June MTD now stands at 10 IPOs totaling $1.68B over 15 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 15 days of last month 11 ($1.76B) · 12-mo avg: 16/mo
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jun 10 JAB JAB ACQUISITION CORP I $150M  $23M overallotment 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  $26M overallotment 100.0%
Jun 05 FTRA FUTURECORP SPACE ACQUISITION 1 $200M  $30M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update —

SPAC VOTE RESULTS
ATHENA TECHNOLOGY ACQUISITION CORP II (ATEK) * Extend to 11,313 redeemed · $138,584 removed · trust $12.25

SPAC DEALS ANNOUNCED
June 12 | Graf Global Corp (GRAF) + BIG3 HoldCo LLCBIG3 HoldCo LLC operates a professional 3-on-3 basketball league that emphasizes entertainment and player engagement. Founded in 2017 by Ice Cube and Jeffrey Kwatinetz, it features teams with Hall of Famers and focuses on diversity and opportunity within the sports industry. The league has implemented various progressive policies, including a mental health initiative and the promotion of female coaches.
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.

SPAC DEAL & EXTENSION VOTES SET
Spring Valley Acquisition Corp III (SVAC) * DEAL VOTE SET: July 6, 2026 * trust $10.20
Four Leaf Acquisition Corp (FORL) * EXTENSION VOTE SET: June 22, 2026 * trust $12.06

SPAC EXTENSIONS
INCEPTION GROWTH ACQUISITION LTD (IGTA) * Extension FilingInception Growth Acquisition extends business-combination deadline to by depositing $12,203.33 into the trust; press release issued.
PANTAGES CAPITAL ACQUISITION CORP (PGAC) * Extension FilingShareholders approved extending the deadline to with monthly trust deposits. Redemptions drained the trust to about $29M.
FUTURE VISION II ACQUISITION CORP (FVN) * Extension FilingSponsor extends deadline to via unsecured note; may convert into units and is forgiven if no deal.

DeSPACs
June 15 | HSPT DeSPAC → SL Bio Ltd. (SLBT)SL Bio Ltd. develops cellular and gene therapies for cancer treatment and regenerative medicine. It advances immunotherapies and exosome-based products for medical and consumer applications. The company also offers ISO-certified, dermatologically tested cow milk-derived exosome-based products and plant extract products for skin and hair care, with commercial distribution in Asia.

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-06-12: MBAV + ReserveOne

SEPARATE WARRANTS/RIGHTS
June 18: IRENIC ACQUISITION CORP (IACQ)

OTHER SPAC NEWS
CENTURION ACQUISITION CORP (ALF) * Voting AgreementSponsor and investors lock in extension to 2027 by non-redemption and voting pledges, preserving trust funds.
GRAF GLOBAL CORP (GRAF) * Merger Agreement
GRAF GLOBAL CORP (GRAF) * Investor Deck
INFLECTION POINT ACQUISITION CORP VI (IPFX) * Merger Agreement
M3-BRIGADE ACQUISITION V CORP (MBAV) * Deal Termination
PANTAGES CAPITAL ACQUISITION CORP (PGAC) * Redemption Update * 5,889,094 redeemed * trust $10.60Shareholders approved extending the deadline to with monthly trust deposits. Redemptions drained the trust to about $29M.
TITAN ACQUISITION CORP (TACH) * Merger Agreement AmendmentTitan and PubCo amended the business combination agreement to redeem all outstanding Purchaser Warrants prior to or at closing.

SPAC Executive & Director Moves —

SPAC Executive & Director Moves
Company Ticker Moves
JAB ACQUISITION CORP I JABRU
  • On , Luisa Ingargiola, Kyle Miller, and David Pfeffer were appointed as independent directors of the Company.  (view source)
REAL ASSET ACQUISITION CORP RAAQ
  • Barbara Venneman has been appointed to IQM’s Board of Directors.  (view source)
SNOW ROTHSCHILD ACQUISITION CORP ISNRU
  • On , Marco Carrai, Paul Chellgren, and George Muñoz were appointed to the board of directors of the Company and also to the Audit and Compensation Committees.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers —

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
STONEBRIDGE ACQUISITION II CORP APAC 8.5% $ 10.99 Pre-Deal
BEST SPAC I ACQUISITION CORP BSAA 4.4% $ 13.78 Announced
SPARK I ACQUISITION CORP SPKL 3.3% $ 13.16 Announced
IRIS ACQUISITION CORP II IRAB 1.5% $ 10.07 Pre-Deal
CANTOR EQUITY PARTNERS II INC CEPT 1.4% $ 11.93 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
GENERAL PURPOSE ACQUISITION CORP GPAC -14.1% $ 11.25 Pre-Deal
M3-BRIGADE ACQUISITION V CORP MBAV -9.6% $ 9.75 Announced
RISING DRAGON ACQUISITION CORP RDAC -7.7% $ 6.10 Announced
AIMEI HEALTH TECHNOLOGY CO LTD AFJK -4.1% $ 33.01 Announced
LIVE OAK ACQUISITION CORP V LOKV -4.0% $ 10.14 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What happened to the MBAV-ReserveOne transaction?
    M3-Brigade Acquisition V Corp (MBAV) terminated its ReserveOne transaction on .
  • How much was redeemed at ATEK‘s extension vote?
    Athena Technology Acquisition Corp II (ATEK) had 11,313 shares redeemed, removing $138,584 from trust at $12.25 per share. The approved extension moves the deadline to .
  • How many SPAC IPOs priced in June 2026 through June 15?
    10 SPAC IPOs priced for $1,675M through , compared with 11 IPOs for $1,759M over the same span in May 2026.
  • When is the SVAC deal vote scheduled?
    Spring Valley Acquisition Corp III (SVAC) set for its deal vote.


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