Daily SPAC Update – March 10, 2026

by | Mar 10, 2026

Plum IV + Controlled Thermal Resources and Calisa + GoodVision AI Deals. TLGY + Stabecoin X Assets Deal Vote. DMY Squared PIPE Updates.

SPAC IPO UPDATE

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 2•Prior: 27•MoM: -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
24
Jan ’26
27Peak
Feb ’26
2
Mar ’26
Source: Boardroom Alpha
 
[PUT IPO NARRATIVE HERE]
 
New SPAC IPOs
DateTickerIssuerIPO Size
Mar 04GLEDGALAXYEDGE ACQUISITION CORP$100M
Mar 04KCACKENSINGTON CAPITAL ACQUISITION CORP VI$200M  $30M overallotment
Source: Boardroom Alpha

DAILY SPAC UPDATE

MERGER VOTES
TLGYF – TLGY Acquisition Corp + StablecoinX Assets Inc.
StablecoinX is a newly-formed validator and infrastructure business expected to operate infrastructure and staking services, running validators and related technical services for the Ethena protocol. StablecoinX is expected to adopt a multi-year treasury strategy to build a reserve of ENA, the Ethena protocol’s native token. About the Ethena Foundation The Ethena Foundation serves as an independent steward of the Ethena protocol – the network behind the USDe and USDtb digital dollars – with a focus on the protocol’s long-term success and integrity. The Ethena Foundation is responsible for the protocol’s governance framework, oversight of key protocol assets, and facilitating essential operations. The foundation’s commitment is to ensure the sustainable development and stability of the Ethena ecosystem for all its participants.

SPAC DEAL & EXTENSION VOTES SET
ROSS – Ross Acquisition Corp Ii * EXTENSION VOTE SET: Mar 16, 2026 * trust $12.06

SPAC DEALS ANNOUNCED
Mar 09 | PLMK – Plum Acquisition Corp Iv + Controlled Thermal Resources Holdings Inc

ABOUT Controlled Thermal Resources Holdings Inc
CTR is advancing geothermal baseload energy, battery-grade lithium chemicals, and critical minerals production at its Hell’s Kitchen project in southern California. CTR’s leadership team has successfully developed and managed geothermal power plant operations in California’s Salton Sea region for 30+ years. CTR’s mission is to strengthen U.S. energy security and supply chain resilience by providing strategic resources essential to technology, manufacturing, and defense.


Mar 09 | ALIS – Calisa Acquisition Corp + Goodvision AI Inc

ABOUT Goodvision AI Inc
GoodVision AI, founded in 2019, is a global cloud-computing and AI-infrastructure solutions provider. GoodVision AI provides multi-cloud professional services, cloud redistribution services, AI computing services, and hybrid cloud-edge infrastructure solutions to customers worldwide.

SEPARATE WARRANTS/RIGHTS
Mar 10: INFINITE EAGLE ACQUISITION CORP (IEAG)
Mar 09: FG IMPERII ACQUISITION CORP (FGII)
Mar 09: XFLH CAPITAL CORP (XFLH)

SPAC LATE 10-K FILINGS
TETEF – Technology & Telecommunication Acquisition Corp : Late 10-K

OTHER SPAC NEWS
ALIS – CALISA ACQUISITION CORP * Merger Agreement
ISRLF – ISRAEL ACQUISITIONS CORP * Merger Agreement Amendment
DMYY – DMY SQUARED TECHNOLOGY GROUP INC * PIPE Update

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
CompanyTickerChangePriceStage
PERCEPTIVE CAPITAL SOLUTIONS CORPPCSC 2.0%$ 11.75Pre-Deal
DT CLOUD STAR ACQUISITION CORPDTSQ 1.9%$ 11.06Announced
QUETTA ACQUISITION CORPQETA 1.7%$ 11.50Pre-Deal
CANTOR EQUITY PARTNERS II INCCEPT 1.4%$ 11.21Announced
CAYSON ACQUISITION CORPCAPN 1.2%$ 10.91Announced
 
YESTERDAY’S TOP SPAC LOSERS
CompanyTickerChangePriceStage
AIMEI HEALTH TECHNOLOGY CO LTDAFJK -11.3%$ 26.65Announced
RISING DRAGON ACQUISITION CORPRDAC -5.7%$ 4.97Announced
ASPAC III ACQUISITION CORPASPC -2.7%$ 10.90Announced
TRAILBLAZER MERGER CORP ITBMC -2.5%$ 9.95Announced
HORIZON SPACE ACQUISITION II CORPHSPT -2.1%$ 9.30Announced
Source: Boardroom Alpha market data

Recent Analysis

Daily SPAC Update – March 5, 2026

Gundlach’s Bleichroeder II Does Quantum Deal with Pasqal. AParadise Target Enhanced Issues Investor Deck. Goldenstone Sets Extension Vote.

Appaloosa Unloads on Whirlpool

In a blistering letter, Appaloosa Management’s David Tepper accused Whirlpool (NYSE: WHR) of “destroying hundreds of millions of dollars of shareholder value” through a dilutive recapitalization strategy that he claims prioritizes management’s job security over investor returns. Will Tepper’s push be successful or will shareholders continue to suffer?

Subscribe to Boardroom Alpha Newsletters

Subscribe to Boardroom Alpha's research to receive the latest on governance, SPACs, and people.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.