Daily SPAC Update – January 21, 2026

by | Jan 21, 2026

X3 Acquisition Corp IPO. Broad Capital Acquisition and Columbus Acquisition Extensions Approved. Future Vision II Announces MicroTouch Technology Deal. Inception Growth Sets Extension Vote.

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DAILY SPAC UPDATE

SPAC IPO: X3 ACQUISITION CORP. LTD. (XCBEU)
Ticker: XCBEU (Units) | Size: $200 Million | Sponsor: X3 Acquisition Management LLC

X3 Acquisition Corp. Ltd. priced its $200 million initial public offering on January 20, 2026, and begins trading on the Nasdaq Global Market today. Based in Minneapolis, Minnesota, the company is incorporated in the Cayman Islands. This vehicle represents a new entry into the 2026 SPAC market, leveraging a leadership team with deep roots in institutional asset management and financial services.

Strategy: While X3 Acquisition is a sector-agnostic vehicle, the team intends to focus its search for a target business within the financial services industry. Specifically, the mandate highlights traditional financial institutions, community and regional banks, asset and wealth management firms, and specialty finance companies that provide crucial financial products and services.

Leadership Team: The SPAC is led by a management team with significant experience in capital allocation and financial operations:

  • Andrew Redleaf (CEO & Chairman): Founder of X Cubed Capital Management and former founder of Whitebox Advisors. He is a veteran institutional investor known for his focus on relative value and capital structures.
  • Kenneth Weiller (CFO & COO): Currently serves as the COO of X Cubed Capital Management. He brings extensive operational and financial oversight experience to the vehicle.

Structure: The offering consists of 20 million units priced at $10.00. Each unit consists of one Class A ordinary share and one-half (1/2) of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50. This structure adheres to more traditional SPAC terms, providing an incentive for investors through warrant coverage while maintaining a standard $10.00 pro-rata trust value. Stifel, Nicolaus & Company, Incorporated acted as the sole book-running manager for the offering.

SPAC VOTE RESULTS
BRAC – BROAD CAPITAL ACQUISITION CORP * Extend * 94,247 redeemed * $1,170,548 removed * trust $12.42
COLA – COLUMBUS ACQUISITION CORP * Extend to Jan 22, 2027 * 3,449,851 redeemed

SPAC DEALS ANNOUNCED
Jan 20 | FVN – Future Vision II Acquisition Corp + MicroTouch Technology Inc

SPAC DEAL & EXTENSION VOTES SET
IGTA – Inception Growth Acquisition Ltd * EXTENSION VOTE SET: Feb 09, 2026 * trust $12.75

OTHER SPAC NEWS
DMYY – DMY SQUARED TECHNOLOGY GROUP INC * Media Transcript

SEPARATE WARRANTS/RIGHTS
Jan 26: LEAPFROG ACQUISITION CORP (LFAC)
Jan 20: SC II ACQUISITION CORP (SCII)
Jan 20: ITHAX ACQUISITION CORP III (ITHA)

NEW SPAC IPOs
Jan 21: XCBE – X3 Acquisition Corp. Ltd. $200M IPO
Jan 16: FGII – Fg Imperii Acquisition Corp $200M IPO
Jan 16: IEAG – Infinite Eagle Acquisition Corp. $300M IPO
Jan 14: OIM – Oneim Acquisition Corp. $250M IPO

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
3.7% ~ $ 10.97 | PELI – PELICAN ACQUISITION CORP (Announced)
3.2% ~ $ 13.29 | CEPT – CANTOR EQUITY PARTNERS II INC (Announced)
1.9% ~ $ 13.55 | PCSC – PERCEPTIVE CAPITAL SOLUTIONS CORP (Pre-Deal)
1.0% ~ $ 12.72 | WLAC – WILLOW LANE ACQUISITION CORP (Announced)
.8% ~ $ 10.43 | CEPF – CANTOR EQUITY PARTNERS IV INC (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-15.2% ~ $ 46.82 | AFJK – AIMEI HEALTH TECHNOLOGY CO LTD (Announced)
-7.0% ~ $ 16.04 | CCCX – CHURCHILL CAPITAL CORP X (Announced)
-4.8% ~ $ 14.43 | ASPC – ASPAC III ACQUISITION CORP (Announced)
-4.5% ~ $ 7.50 | RDAC – RISING DRAGON ACQUISITION CORP (Announced)
-1.4% ~ $ 11.13 | CHAC – CRANE HARBOR ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Jan 16 | $ 10.22 | IEAG – Infinite Eagle Acquisition Corp.
Jan 16 | $ 10.00 | FGII – FG Imperii Acquisition Corp
Jan 14 | $ 10.09 | OIM – OneIM Acquisition Corp.
Jan 09 | $ 10.00 | ZKP – Lafayette Digital Acquisition Corp. I
Jan 08 | $ 10.06 | BBCQ – Bleichroeder Acquisition Corp. II
Jan 07 | $ 9.95 | SORN – Soren Acquisition Corp.
Jan 06 | $ 10.00 | BIII – Black Spade Acquisition III Co
Jan 06 | $ 9.98 | ARTC – Art Technology Acquisition Corp.
Dec 23 | $ 10.00 | SVAQ – Silicon Valley Acquisition Corp.
Dec 23 | $ 10.02 | SCPQ – Social Commerce Partners Corp

Recent Analysis

Daily SPAC Update – January 14, 2026

OneIM $250 Million SPAC IPO. New Deals Announced for Digital Asset Acquisition Corp + Old Glory Holding Co and D Boral Arc Acquisition I Corp + Exascale Labs Inc.

Daily SPAC Update – January 12, 2026

Ribbon Acquisition Extension Approved to 2027. Everest Consolidator and Clean Energy Special Situations Set Extension Votes. Crane Harbor II Separate Trading.

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