SPAC Market Update June 9, 2026: ISNR, OCAC Price 2 SPAC IPOs for $300M

SPAC IPO Update —

2 SPAC IPOs priced on , raising $300M; June MTD now stands at 8 IPOs totaling $1.32B over 9 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 8Prior: 20MoM: -12
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
8
Jun ’26
Source: Boardroom Alpha
IPO Activity Snapshot2 SPAC IPOs today raising $300M · ISNR ($200M), OCAC ($100M)
Month-to-date: 8 IPOs ($1.32B) vs. first 9 days of last month 5 ($700M) · 12-mo avg: 16/mo
Size
$200M
Ticker
ISNR / ISNRU
Sponsor
Snow Rothschild Acquisition Sponsor LLC

Snow Rothschild Acquisition Corp. is launching a $200 million IPO on Nasdaq under the ticker ISNR. The SPAC, led by Ian Snow and Nathaniel Rothschild, will target industries with long-term growth prospects, focusing on companies with strong market positioning and management teams. The SPAC is backed by Snow Rothschild Acquisition Sponsor LLC.

Leadership
George MunozDirector
Partner at Tobin & Muñoz, LLC and principal at Muñoz Investment Banking Group LLC since 2001; former CFO and Assistant Secretary of the U.S. Department of the Treasury.
Ian K SnowCEO, Director
CEO and co-founding partner of Snow Phipps Group, LLC; former managing director at Ripplewood Holdings L.L.C.
Lord Nathaniel RothschildDirector
CEO of Volex plc; former co-chairman of Atticus Capital LLC and director at Barrick Gold Corporation.
Marco CarraiDirector
Executive Chairman and Managing Director of JSW Steel Italy SRL and GSI Lucchini S.p.A.
Paul W ChellgrenDirector
Former Chairman and CEO of Ashland Inc.; operating partner at Snow Phipps, LLC.
William ChaiCFO
Partner at Outlier Global Management; former private equity associate at The Carlyle Group.

Structure: 20 million units at $10.00 per unit, each consisting of one Class A ordinary share and one-half of one redeemable warrant. Santander US Capital Markets LLC is the sole book-running manager.

Size
$100M
Ticker
OCAC / OCACU
Sponsor
SB Capital Holding Corporation

Ocean Capital Acquisition Corp. is set to raise $100 million in its IPO, trading on NYSE under OCAC. The SPAC, led by Hin Wing (Simon) Wong, aims to leverage its management’s deep industry relationships to identify acquisition targets with strong cash flow and growth potential. The sponsor is SB Capital Holding Corporation.

Leadership
Hin Wing (Simon) WongCEO, CFO
Managing partner at Hermitage Capital HK Limited; independent non-executive director at several companies including CRCC High-Tech Equipment Corporation Limited.

Structure: 10 million units at $10.00 per unit, each unit consisting of one ordinary share, one warrant, and one right. A.G.P. is the book-running manager with Brookline Capital Markets as co-manager.

New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jun 09 OCAC Ocean Capital Acquisition Corp $100M 100.0%
Jun 09 ISNR Snow Rothschild Acquisition Corp. $200M
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 DEALS ANNOUNCED
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.

MERGER VOTES
Fg Merger II Corp (FGMC) + Boxabl Inc.
Boxabl Inc. develops modular building systems aimed at providing affordable housing solutions. Its flagship product, the Casita, is a 361 square foot studio unit that can be set up on-site in under an hour. The company also offers the Baby Box, a 120 square foot unit designed for RV code compliance, and is working on stackable models for larger residential configurations.

SPAC DEAL & EXTENSION VOTES SET
Graf Global Corp (GRAF) * EXTENSION VOTE SET: June 26, 2026 * trust $10.83

SPAC EXTENSIONS
RIBBON ACQUISITION CORP (RIBB) * Extension FilingRibbon Acquisition deposits $125,000 to extend the deadline for its initial business combination by one month (to ).

DeSPACs
June 8 | CGCT DeSPAC → Lionano SE Inc. (FAC)Lionano SE Inc. is based in the Boston, Massachusetts, area and focuses on solid-state battery development. It offers alternatives to traditional lithium-ion technologies through its FEST (Factorial Electrolyte System Technology) and Solstice platforms. The company has established commercial partnerships with automotive manufacturers, including Mercedes-Benz, Stellantis, Hyundai Motor Company, and Kia Corporation.

OTHER SPAC NEWS
CSLM DIGITAL ASSET ACQUISITION CORP III LTD (KOYN) * Podcast TranscriptKOYN CEO discussed the December 2025 LOI with First Digital on the SPAC podcast, highlighting sponsor-led deals and PIPE financing.
INFLECTION POINT ACQUISITION CORP III (IPCX) * Merger Agreement AmendmentAmendment to Business Combination reduces base consideration, tightens earnout terms, and updates investor materials.
INFLECTION POINT ACQUISITION CORP VI (IPFX) * Investor Deck
INFLECTION POINT ACQUISITION CORP VI (IPFX) * Media TranscriptQuantum Space will merge with Inflection Point VI SPAC; $300M PIPE and ~ $1.1B valuation; Ranger enables multi-orbit national-security operations.
SPRING VALLEY ACQUISITION CORP III (SVAC) * Merger Agreement AmendmentSVIII and General Fusion amended the Business Combination Agreement to grant SAFE holders voting rights on the Arrangement.

SPAC Executive & Director Moves —

SPAC Executive & Director Moves
Company Ticker Moves
FUTURECORP SPACE ACQUISITION 1 FTRA.U
  • On , David J. Anderman, Shawn K. Pelsinger, and John R. Tuttle were appointed to the board of directors of the company and received various committee assignments.  (view source)
INTERPRIVATE INVESTMENT PARTNERS V INC IPVVU
  • On , Nicholaos C. Krenteras and Dimitri Goulandris were appointed to the board of directors of the Company.  (view source)
KEYSTONE ACQUISITION CORP KEYYU
  • On , Speaker John A. Boehner, Paul Y. Cho, and Martin Payne were appointed to the Board of Directors of the Company.  (view source)
LIONHEART HOLDINGS CUB
  • Mr. Freddy J. Martinez has been appointed as a Class III director of Lionheart Holdings, effective .  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers —

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
VOYAGER ACQUISITION CORP VACH 21.7% $ 12.90 Announced
RISING DRAGON ACQUISITION CORP RDAC 12.9% $ 7.90 Announced
INFLECTION POINT ACQUISITION CORP VI IPFX 6.3% $ 10.63 Announced
CANTOR EQUITY PARTNERS II INC CEPT 4.3% $ 12.66 Announced
HORIZON SPACE ACQUISITION II CORP HSPT 3.1% $ 10.10 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
MOUNTAIN LAKE ACQUISITION CORP MLAC -17.9% $ 6.54 Announced
LEGATO MERGER CORP III LEGT -5.8% $ 10.00 Announced
REAL ASSET ACQUISITION CORP RAAQ -1.6% $ 10.93 Announced
ENERGY TRANSITION SPECIAL OPPORTUNITIES ETSS -1.3% $ 9.85 Pre-Deal
BLEICHROEDER ACQUISITION CORP II BBCQ -0.9% $ 10.44 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • How many SPAC IPOs priced in June 2026 through June 9?
    8 SPAC IPOs priced for $1,325M through the first 9 days of June 2026, compared with 5 IPOs for $700M over the same span in May 2026.
  • Which SPAC led IPO issuance?
    Snow Rothschild Acquisition Corp. (ISNR) raised $200M, the larger of the 2 SPAC IPOs on . Ocean Capital Acquisition Corp (OCAC) raised $100M.
  • When is the Graf Global Corp extension vote scheduled?
    Graf Global Corp (GRAF) set for an extension vote.
  • What extension action did Ribbon Acquisition Corp report?
    Ribbon Acquisition Corp (RIBB) extended its deadline to via sponsor deposit.
  • Which merger vote was held on ?
    Fg Merger II Corp (FGMC) held the 1 merger vote today for its combination with Boxabl Inc., a modular-building systems company.


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