Daily SPAC Update – February 20, 2026

by | Feb 20, 2026

Technology & Telecommunication Extension Vote. Voyager Acquisition (VACH) Sets Deal Vote for March 12. White Pearl Announces Warrant Separation.

DAILY SPAC UPDATE

EXTENSION VOTES
TETEF – TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP * vote February 20, 2026 -> extend from February 20, 2026 to August 20, 2026

SPAC DEAL & EXTENSION VOTES SET
VACH – Voyager Acquisition Corp * DEAL VOTE SET: Mar 12, 2026 * trust $10.71

OTHER SPAC NEWS
FTII – FUTURETECH II ACQUISITION CORP * Auditor Engaged

SEPARATE WARRANTS/RIGHTS
Feb 25: D BORAL ACQUISITION I CORP (DBCA)
Feb 24: IRIS ACQUISITION CORP II (IRAB)
Feb 24: WHITE PEARL ACQUISITION CORP (WPAC)
Feb 19: M EVO GLOBAL ACQUISITION CORP II (MEVO)

SPAC LIQUIDATIONS
Cartica Acquisition Corp (CITE)-> Liquidation on Feb 25
AA Mission Acquisition Corp. (AAM)-> Liquidation on Feb 13

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-02-17: POLE + StoreDot

SPAC Executive & Director Moves
Company Ticker Moves
COLUMBUS CIRCLE CAPITAL CORP II CMIIU
  • On February 12, 2026, Marc Spiegel was appointed to the Audit and Compensation Committees, and Adam Back resigned from the Board of Directors.  (view source)
INTEGRATED WELLNESS ACQUISITION CORP WELNF
  • Daniel Kennedy is exiting his nomination as a director of Pubco, and Isaac Freites is entering as a new nominee.  (view source)
WILLOW LANE ACQUISITION CORP II WLIIU
  • On February 13, 2026, Mauricio Orellana, Robert Stevens, Rayne Steinberg, and Simón Gaviria Muñoz were appointed to the Board of Directors of the Company, with Orellana serving as chair of the Audit Committee and Stevens as chair of the Compensation Committee.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
3.5% ~ $ 9.77 | TBMC – TRAILBLAZER MERGER CORP I (Announced)
2.8% ~ $ 11.22 | LEGT – LEGATO MERGER CORP III (Announced)
.6% ~ $ 10.37 | IPOD – DUNE ACQUISITION CORP II (Pre-Deal)
.4% ~ $ 10.69 | IBAC – IB ACQUISITION CORP (Pre-Deal)
.4% ~ $ 10.95 | WLAC – WILLOW LANE ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-15.7% ~ $ 34.45 | AFJK – AIMEI HEALTH TECHNOLOGY CO LTD (Announced)
-6.0% ~ $ 4.72 | RDAC – RISING DRAGON ACQUISITION CORP (Announced)
-2.4% ~ $ 13.76 | PCSC – PERCEPTIVE CAPITAL SOLUTIONS CORP (Pre-Deal)
-1.4% ~ $ 9.90 | VHCP – VINE HILL CAPITAL INVESTMENT CORP II (Pre-Deal)
-1.0% ~ $ 11.93 | ESHA – ESH ACQUISITION CORP (Announced)

SPAC IPO UPDATE

 

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 21•Prior: 24•MoM: -3
8
Feb ’25
3
Mar ’25
12
Apr ’25
22
May ’25
10
Jun ’25
13
Jul ’25
8
Aug ’25
14
Sep ’25
14
Oct ’25
10
Nov ’25
22
Dec ’25
24Peak
Jan ’26
21
Feb ’26
Source: Boardroom Alpha

NEW SPAC IPOs
Feb 19: ACAA – Averin Capital Acquisition Corp. $250M IPO
Feb 19: AACO – Abony Acquisition Corp. I $200M IPO
Feb 19: PALO – Paloma Acquisition Corp I $150M IPO
Feb 18: AACI – Armada Acquisition Corp. Iii $225M IPO
Feb 13: WLII – Willow Lane Acquisition Corp. Ii $125M IPO (+underwriter overallotment: $18.75M)
Feb 13: RFAM – RF Acquisition Corp III $100M IPO
Feb 12: HACQ – Hcm Iv Acquisition Corp. $250M IPO (+underwriter overallotment: $37.5M)
Feb 12: PAAC – Proem Acquisition Corp. I $130M IPO
Feb 12: XFLH – XFLH Capital Corp $100M IPO
Feb 11: TMTS – Spartacus Acquisition Corp. II $200M IPO (+underwriter overallotment: $30M)
Feb 11: CMII – Columbus Circle Capital Corp II $200M IPO (+underwriter overallotment: $30M)
Feb 11: IACO – Idea Acquisition Corp. $350M IPO
Feb 11: DBCA – D. Boral Acquisition I Corp. $250M IPO (+underwriter overallotment: $37.5M)
Feb 10: SVIV – Spring Valley Acquisition Corp. IV $200M IPO (+underwriter overallotment: $30M)

Recent Analysis

Daily SPAC Update – February 18, 2026

Armada Acquisition III IPOs for $225 Million. Horizon Acquisition II SL Bio Deal and Extension Approved. Andretti Acquisition II Deal with StoreDot Terminated.

Daily SPAC Update – February 13, 2026

RF Acquisition III and Willow Lane II IPO. Goal Acquisitions and Inception Growth SPAC Extensions Approved. Haymaker 4 and Inflection Point IV Set Deal Votes for March. Aura Fat Projects LOI.

Daily SPAC Update – February 12, 2026

XFLH Capital, Proem Acquistion, and HCM IV IPO to Make it 15 for February. Inception Growth Extension Approved. Churchill Capital + Infleqtion and Horizon Space II + SL Bio Deal Votes.

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