3 New SPAC IPOs Make it 24 for January. Rare Failed Extension Vote Sees AA Mission Acquisition Set to Liquidate.
Boardroom Alpha SPAC Resources
– Read our December 2025 SPAC Review
– Full SPAC Listing
– SPAC SEC Filings
– Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)
TODAY’S SPAC IPOs
IPO Count
SPAC IPO: M EVO GLOBAL ACQUISITION CORP II (MEVO)
Ticker: MEVOU (Units)
Size: $270 Million
Sponsor: Evolution Sponsor Holdings LLC II
M Evo Global Acquisition Corp II upsized its market entrance today, pricing a $270 million IPO—a significant $45 million jump from its initial $225 million target. Trading on the Nasdaq, the vehicle marks a swift return for the management team following the late-2025 launch of their first Evolution Global vehicle. This upsized demand signals institutional appetite for pure-play exposure to the critical minerals supply chain, a sector increasingly viewed as a national security imperative as the U.S. races to secure domestic sources for semiconductor and battery production.
Strategy: The SPAC is laser-focused on the critical minerals sector, targeting businesses that own, operate, or develop assets fundamental to U.S. economic and national security interests. This includes the extraction, processing, and recycling of materials vital to the energy transition and advanced manufacturing.
Leadership Team:
- Stephen Silver (Chairman & CEO): Founder and Managing Director of Australia-based Evolution Capital. Silver brings deep experience in metals and mining capital markets, having previously led various cross-border investment initiatives.
- Ashley Zumwalt-Forbes (COO): A veteran of the energy and resource sectors, Zumwalt-Forbes has extensive experience in engineering and project development, previously serving in leadership roles at Black Mountain and various mineral-focused ventures.
Structure: 27 million units at $10.00. Each unit consists of one Class A ordinary share and one-half (1/2) of one redeemable warrant. Cohen & Company Capital Markets acted as the sole book-runner for the deal.
SPAC IPO: MUZERO ACQUISITION CORP (MUZE)
Ticker: MUZEU (Units)
Size: $175 Million
Sponsor: Muzero Acquisition Sponsors LLC
Muzero Acquisition Corp priced its $175 million IPO on January 29, 2026, and hits the Nasdaq today. Led by a team with a heavy tilt toward the Asia-Pacific (APAC) capital markets, Muzero is positioned as a bridge for technology-enabled firms looking to tap into U.S. public equity. Chairman Sheldon Trainor-DeGirolamo provides the “so what” here: he recently shepherded Bitdeer (BTDR) through its SPAC merger, a deal that has since traded with notable resilience compared to its peers. Muzero aims to replicate that success by hunting for mature tech assets with a clear path to profitability.
Strategy: While sector-agnostic by charter, the team is primarily scouting “technology-enabled” businesses. The search is global, though the management’s historical footprint suggests a high probability of a target with cross-border operations or significant APAC market exposure.
Leadership Team:
- Sheldon Trainor-DeGirolamo (Chairman): Founder of PacBridge Capital Partners and a veteran of Merrill Lynch and Morgan Stanley. His track record includes the successful de-SPAC of Bitdeer.
- Von Lam (CEO): Founder of Falcon Partners, bringing a specialized focus on private equity and cross-border M&A.
- Yuming Zou (CFO): Currently the CFO of Fangzhou (HKx: 6086), adding deep regulatory and financial reporting expertise in both the HK and US markets.
Structure: 17.5 million units at $10.00. Each unit consists of one Class A ordinary share and one-half (1/2) of one redeemable warrant, exercisable at $11.50. BTIG, LLC served as the sole book-running manager.
SPAC IPO: NEWBRIDGE ACQUISITION LTD (NBRG)
Ticker: NBRGU (Units)
Size: $50 Million
Sponsor: Wealth Path Holdings Limited
Newbridge Acquisition Ltd priced its $50 million initial public offering on January 29, 2026, and begins trading on the Nasdaq today. This micro-cap vehicle enters a market where small-scale, nimble SPACs are finding success by targeting mid-market leaders overlooked by larger blank-check firms. The deal is backed by a management team with significant experience in the “bridge” SPAC space—specifically focusing on companies that benefit from cross-border synergies and specialized financial restructuring. CEO Yongsheng Liu brings a proven track record to the table, having previously led Wealthbridge Acquisition through its successful merger with Scienjoy and Goldenbridge Acquisition through its combination with SunCar.
Strategy: The SPAC intends to pursue a broad search for a target company, remaining industry and sector agnostic. However, management intends to leverage its expertise in identifying small-cap businesses with defensible market positions and strong growth potential that are ready for the rigor of U.S. public markets.
Leadership Team:
-
- Yongsheng Liu (Chairman & CEO): A serial SPAC entrepreneur and former CEO of Royal China Holdings. He previously spearheaded the successful de-SPAC transactions for both Wealthbridge Acquisition and Goldenbridge Acquisition.
- Zhen Li (CFO): A veteran in financial management and credit risk, Li previously served as the Board Secretary for Wealthbridge Acquisition during its merger process, bringing deep operational continuity to the team.
Structure: 5 million units at $10.00. Each unit consists of one Class A ordinary share and one right. Each right entitles the holder to receive one-eighth (1/8) of one Class A ordinary share upon the completion of a business combination. The rights-heavy structure is a tactical move to minimize dilution while providing a guaranteed equity kicker for investors upon a successful close. Kingswood Capital Partners, LLC acted as the sole book-running manager.
DAILY SPAC UPDATE
EXTENSION VOTES
SWSS – CLEAN ENERGY SPECIAL SITUATIONS CORP * vote January 30, 2026 -> extend to June 30, 2027
SPAC VOTE RESULTS
CSTAF – CONSTELLATION ACQUISITION CORP I * Extend to Jan 29, 2027 * 17,773 redeemed * $237,980 removed * trust $13.39
EVEREST CONSOLIDATOR ACQUISITION CORP * Extend to Dec 31, 2026 * 15,886 redeemed
AAM – AA MISSION ACQUISITION CORP * Extension Vote FAILED and SPAC to Liquidate
OTHER SPAC NEWS
AAM – AA MISSION ACQUISITION CORP * Liquidation-> 2026-02-13
LKSP – LAKE SUPERIOR ACQUISITION CORP * Merger Agreement
** – GalaxyEdge Acquisition Corp * Registration Withdrawn
CAEP – CANTOR EQUITY PARTNERS III INC * Media Transcript
HSPT – HORIZON SPACE ACQUISITION II CORP * Vote Postponed
SPAC LIQUIDATIONS
AA Mission Acquisition Corp. (AAM)-> Liquidation on Feb 13
Cartica Acquisition Corp (CITE)-> Liquidation on Feb 07
SEPARATE WARRANTS/RIGHTS
Feb 06: TGE VALUE CREATIVE SOLUTIONS CORP (BEBE)
Feb 02: BLUEROCK ACQUISITION CORP (BLRK)
Jan 30: MESHFLOW ACQUISITION CORP (MESH)
Jan 29: BLACK SPADE ACQUISITION III CO (BIII)
Jan 27: HALL CHADWICK ACQUISITION CORP (HCAC)
SPAC MOVERS
YESTERDAY’S TOP SPAC GAINERS
4.1% ~ $ 12.95 | CEPT – CANTOR EQUITY PARTNERS II INC (Announced)
1.3% ~ $ 12.00 | KVAC – KEEN VISION ACQUISITION CORP (Announced)
1.2% ~ $ 7.42 | RDAC – RISING DRAGON ACQUISITION CORP (Announced)
1.2% ~ $ 11.64 | QETA – QUETTA ACQUISITION CORP (Announced)
1.1% ~ $ 10.08 | EVOX – EVOLUTION GLOBAL ACQUISITION CORP (Pre-Deal)
YESTERDAY’S TOP SPAC LOSERS
-14.2% ~ $ 13.37 | ASPC – ASPAC III ACQUISITION CORP (Announced)
-5.5% ~ $ 15.46 | CCCX – CHURCHILL CAPITAL CORP X (Announced)
-2.3% ~ $ 52.49 | AFJK – AIMEI HEALTH TECHNOLOGY CO LTD (Announced)
-1.8% ~ $ 9.95 | HCAC – HALL CHADWICK ACQUISITION CORP (Pre-Deal)
-1.8% ~ $ 10.61 | PELI – PELICAN ACQUISITION CORP (Announced)
LATEST SPAC IPO PERFORMANCE
Jan 30 | MEVO – M Evo Global Acquisition Corp II
Jan 30 | TBD – Muzero Acquisition Corp
Jan 29 | UAC – United Acquisition Corp. I
Jan 29 | XSLL – Xsolla SPAC 1
Jan 29 | KII – K2 Capital Acquisition Corp
Jan 28 | $ 10.16 | SAAQ – Space Asset Acquisition Corp.
Jan 28 | $ 10.12 | KRAQ – KRAKacquisition Corp
Jan 27 | $ 9.99 | MLAA – Mountain Lake Acquisition Corp. II
Jan 27 | $ 10.04 | GIX – GigCapital9 Corp.
Jan 23 | $ 10.10 | ARCI – Archimedes Tech SPAC Partners III Co
Jan 23 | HLXC – Helix Acquisition Corp. III
Jan 23 | $ 10.03 | LEGO – Legato Merger Corp. IV
Jan 23 | $ 9.98 | PTOR – Praetorian Acquisition Corp.
Jan 22 | $ 10.00 | ALOV – Aldabra 4 Liquidity Opportunity Vehicle, Inc.
Jan 21 | $ 10.00 | XCBE – X3 Acquisition Corp. Ltd.
Jan 16 | $ 10.00 | FGII – FG Imperii Acquisition Corp
Jan 16 | $ 10.22 | IEAG – Infinite Eagle Acquisition Corp.
Jan 14 | $ 10.10 | OIM – OneIM Acquisition Corp.
Jan 09 | $ 10.01 | ZKP – Lafayette Digital Acquisition Corp. I
Jan 08 | $ 10.07 | BBCQ – Bleichroeder Acquisition Corp. II
Jan 07 | $ 9.98 | SORN – Soren Acquisition Corp.
Jan 06 | $ 10.00 | ARTC – Art Technology Acquisition Corp.
Jan 06 | $ 10.06 | BIII – Black Spade Acquisition III Co