Harry You’s DMY Squared Deal Vote with Horizon Quantum Today. Pelican Acquisition Deal Vote. Abra and GNQ Insilico Deals Announced. Merlin DeSPAC.
SPAC IPO UPDATE
SPAC IPO Count
| Date | Ticker | Issuer | IPO Size |
|---|---|---|---|
| Mar 13 | PONO | PONO CAPITAL FOUR INC | $120M |
| Mar 12 | MTAL | METALS ACQUISITION CORP II | $200M $30M overallotment |
| Mar 11 | SUMA | SUMA ACQUISITION CORP | $150M $23M overallotment |
DAILY SPAC UPDATE
MERGER VOTES
PELI – Pelican Acquisition Corp + Greenland Exploration Limited / March GL Company
Greenland Exploration Limited is a Texas-based entity focused on developing strategic positions in North American energy assets. Through its partnerships and future acquisitions, Greenland aims to deliver long-term shareholder value in a dynamic and evolving energy market. About March GL Company March GL Company, a privately-owned Texas Corporation, entered into an agreement with 80 Mile for drilling to commence at the Jameson oil and gas basin in Greenland. March GL will fund 100% of the costs associated with up to two exploration wells which are designed to delineate the sedimentary structure and energy potential of the Jameson Land Basin. In return, March GL will earn through 80 Mile’s subsidiary company up to 70% interest of the entire basin.
DMYY – Dmy Squared Technology Group Inc + Horizon Quantum
Horizon Quantum is developing a hardware-agnostic software platform that bridges the gaps between quantum hardware and applications. This platform makes quantum computing accessible to virtually any software developer, by removing the need for deep quantum expertise to develop applications and unleashing quantum’s potential. Horizon Quantum was founded by Dr. Joe Fitzsimons in 2018, a former professor with two decades of experience in quantum computing and computational complexity theory. Horizon Quantum’s leadership team also includes Dr. Si-Hui Tan, Chief Science Officer, who holds a Ph.D. in Physics from MIT and has been actively involved in quantum research for the same period.
EXTENSION VOTES
GDST – GOLDENSTONE ACQUISITION LTD * vote March 17, 2026 -> extend from March 21, 2026 to December 21
SPAC DEALS ANNOUNCED
Mar 16 | NPAC – New Providence Acquisition Corp III + abra
Abra is a leading crypto-native products and wealth management platform, offering institutions and individual investors a suite of digital asset services including custody, trading, yield, lending, and advisory services through its SEC-registered investment advisor. Abra was Founded in 2014 with headquarters in San Francisco, California.
Mar 16 | IBAC – IB Acquisition Corp + GNQ Insilico Inc.
GNQ Insilico is a pioneering TechBio company focused on improving the success of drug discovery and development through the integration of artificial intelligence and quantum computing, and advanced biological modeling to transform drug discovery and development.
Mar 12 | QETA – Quetta Acquisition Corp + Smart Kreate Group
Smart Kreate Group is a premier cloud logistics technology conglomerate. Through its core subsidiaries—Smart Minds Holdings, and Times Express and H2N— SKG is building the digital backbone of global trade. Its AI-enabled infrastructure connects transportation data across the entire value chain, empowering enterprises with the visibility and intelligence required to navigate modern supply chain complexities.
DeSPACs
Mar 17: BACQ DeSPAC to Merlin (MRLN)
Merlin is the leading U.S.-based developer of cost-effective, takeoff-to-touchdown autonomy for both legacy and next-generation airborne systems. Our aircraft-agnostic, AI-powered software is purpose-built for military and civil programs, and is powering an expanding range of missions and aircraft, proven through hundreds of autonomous flights from test facilities across the globe. With $100M+ total in awarded contracts from military customers, Merlin is helping to solve national security challenges through safe, reliable autonomy.
SPAC DEAL & EXTENSION VOTES SET
VCIC – Vine Hill Capital Investment Corp * DEAL VOTE SET: Mar 27, 2026 * trust $10.68
ATMC – Alphatime Acquisition Corp * EXTENSION VOTE SET: Mar 27, 2026 * trust $11.64
TBMC – Trailblazer Merger Corp I * EXTENSION VOTE SET: Mar 27, 2026 * trust $12.11
CDAQ – Compass Digital Acquisition Corp * EXTENSION VOTE SET: Apr 14, 2026 * trust $11.72
SEPARATE WARRANTS/RIGHTS
Mar 27: ARMADA ACQUISITION CORP III (AACI)
Mar 20: SPACE ASSET ACQUISITION CORP (SAAQ)
Mar 19: GIGCAPITAL9 CORP (GIX)
Mar 18: XSOLLA SPAC 1 (XSLL)
Mar 16: PRAETORIAN ACQUISITION CORP (PTOR)
Mar 16: ARCHIMEDES TECH SPAC PARTNERS III CO (ARCI)
OTHER SPAC NEWS
IBAC – IB ACQUISITION CORP * Investor Deck
IBAC – IB ACQUISITION CORP * Merger Agreement
PELI – PELICAN ACQUISITION CORP * Media Transcript
NPAC – NEW PROVIDENCE ACQUISITION CORP III * Media Transcript
CHAC – CRANE HARBOR ACQUISITION CORP * Media Transcript
APAD – APARADISE ACQUISITION CORP * Podcast Transcript
RIBB – RIBBON ACQUISITION CORP * Vote Adjourned
| Company | Ticker | Moves |
|---|---|---|
| PELICAN ACQUISITION CORP | PELI |
|
| RISING DRAGON ACQUISITION CORP | RDAC |
|
SPAC MOVERS
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| PELICAN ACQUISITION CORP | PELI | 7.6% | $ 10.16 | Announced |
| RISING DRAGON ACQUISITION CORP | RDAC | 4.9% | $ 5.56 | Announced |
| AIMEI HEALTH TECHNOLOGY CO LTD | AFJK | 2.8% | $ 26.32 | Announced |
| TRAILBLAZER MERGER CORP I | TBMC | 2.7% | $ 10.79 | Announced |
| REAL ASSET ACQUISITION CORP | RAAQ | 2.3% | $ 10.80 | Announced |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| CRANE HARBOR ACQUISITION CORP | CHAC | -7.1% | $ 9.55 | Announced |
| VOYAGER ACQUISITION CORP | VACH | -1.8% | $ 10.55 | Announced |
| ONEIM ACQUISITION CORP | OIM | -1.1% | $ 10.00 | Pre-Deal |
| HIGHVIEW MERGER CORP | HVMC | -0.8% | $ 10.06 | Pre-Deal |
| M3-BRIGADE ACQUISITION V CORP | MBAV | -0.7% | $ 10.67 | Announced |