Daily SPAC Update – March 18, 2026

by | Mar 18, 2026

DMY Squared’s Quantum Deal Approved. Winvest Acquisition Extension Approved. Pelican Deal Vote Delayed. Alphatime Sets Extension Vote. Cayson Goes to Vote.

SPAC IPO UPDATE

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 5•Prior: 27•MoM: -22
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
5
Mar ’26
Source: Boardroom Alpha
 
New SPAC IPOs
DateTickerIssuerIPO Size
Mar 13PONOPONO CAPITAL FOUR INC$120M
Mar 12MTALMETALS ACQUISITION CORP II$200M  $30M overallotment
Mar 11SUMASUMA ACQUISITION CORP$150M  $23M overallotment
Source: Boardroom Alpha

DAILY SPAC UPDATE

SPAC VOTE RESULTS
WINV – WINVEST ACQUISITION CORP * Extend to Sep 17, 2026 * 14,086 redeemed * $192,274 removed * trust $13.65
DMYY – DMY SQUARED TECHNOLOGY GROUP INC * Deal Approved with Horizon Quantum

SPAC DEAL & EXTENSION VOTES SET
ATMC – Alphatime Acquisition Corp * EXTENSION VOTE SET: Mar 27, 2026 * trust $11.64

EXTENSION VOTES
CAPN – CAYSON ACQUISITION CORP * vote March 18, 2026 -> extend to March 23, 2027

OTHER SPAC NEWS
MLAC – MOUNTAIN LAKE ACQUISITION CORP * Merger Agreement Amendment
ISRLF – ISRAEL ACQUISITIONS CORP * Merger Agreement Amendment
PELI – PELICAN ACQUISITION CORP * Media Transcript
PELI – PELICAN ACQUISITION CORP * Media Transcript
NPAC – NEW PROVIDENCE ACQUISITION CORP III * Media Transcript
APAD – APARADISE ACQUISITION CORP * Podcast Transcript
PELI – PELICAN ACQUISITION CORP * Vote Adjourned

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)

 

SPAC Executive & Director Moves
CompanyTickerMoves
BLACK HAWK ACQUISITION CORPBKHA
  • Michael Tolentino has been appointed as CEO of Vesicor Therapeutics, and Luo Feng transitions to Chief Scientific Officer of Vesicor, both effective March 17, 2026.  (view source)
CHURCHILL CAPITAL CORP XICCXI
  • On March 17, 2026, Paul Lapping and Stephen Murphy were appointed as directors of Churchill Capital Corp XI, with Lapping also designated as chairperson of the Audit Committee, filling a position previously held by William Sherman.  (view source)
PELICAN ACQUISITION CORPPELI
  • Robert Price is continuing as CEO of Greenland Energy Company, while Larry G. Swets, Jr. is entering as an incoming director.  (view source)
PONO CAPITAL FOUR INCPONOU
  • On March 12, 2026, Darryl Nakamoto, Mike Sayama, Davin Kazama, and Adam Bauer were appointed as independent directors of the Company, with Nakamoto as chair of the Audit Committee and Sayama as chair of the Compensation Committee.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
CompanyTickerChangePriceStage
VOYAGER ACQUISITION CORPVACH 10.6%$ 11.67Announced
AIMEI HEALTH TECHNOLOGY CO LTDAFJK 5.7%$ 27.83Announced
ASPAC III ACQUISITION CORPASPC 1.8%$ 10.96Announced
PELICAN ACQUISITION CORPPELI 1.6%$ 10.32Announced
HELIX ACQUISITION CORP IIIHLXC 1.2%$ 10.29Pre-Deal
 
YESTERDAY’S TOP SPAC LOSERS
CompanyTickerChangePriceStage
CRANE HARBOR ACQUISITION CORPCHAC -10.4%$ 8.56Announced
RISING DRAGON ACQUISITION CORPRDAC -5.6%$ 5.25Announced
HORIZON SPACE ACQUISITION II CORPHSPT -4.6%$ 8.25Announced
QUETTA ACQUISITION CORPQETA -1.7%$ 11.31Announced
REAL ASSET ACQUISITION CORPRAAQ -1.6%$ 10.63Announced
Source: Boardroom Alpha market data

Recent Analysis

Daily SPAC Update – March 17, 2026

Harry You’s DMY Squared Deal Vote with Horizon Quantum Today. Pelican Acquisition Deal Vote. Abra and GNQ Insilico Deals Announced. Merlin DeSPAC.

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