Daily SPAC Update – April 10, 2026

Willow Lane Deal Vote Set for April 30. Constellation + HiTech Deal Announced. Averin Capital Separate Trading Today; Four More SPACs Separate Next Week.

SPAC IPO UPDATE

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 2Prior: 11MoM: -9
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
11
Mar ’26
2
Apr ’26
Source: Boardroom Alpha
 
New SPAC IPOs
DateTickerIssuerIPO Size
Apr 07AACPAPOGEE ACQUISITION CORP$150M
Mar 31KPETKPET ULTRA PACELINE CORP$200M
Source: Boardroom Alpha

DAILY SPAC UPDATE

SPAC DEAL & EXTENSION VOTES SET
WLAC – Willow Lane Acquisition Corp * DEAL VOTE SET: Apr 30, 2026 * trust $10.57

SPAC DEALS ANNOUNCED
Apr 09 | CSTAF – Constellation Acquisition Corp I + HiTech Minerals Inc

ABOUT HiTech Minerals Inc
HiTech Minerals, through its U.S.-focused subsidiary US Elemental, is a critical minerals company backed by parent Jindalee Lithium, developing domestic supply chains for strategic resources.

Apr 08 | FERA – Fifth Era Acquisition Corp I + Miotal

ABOUT Miotal
Miotal is a strategic metals platform focused on the acquisition, holding, and monetization of high-purity, technology-grade materials. The Company controls a substantial, independently verified inventory of strategic metals, including ultrafine copper powder, ultrafine nickel wire and rare earth metals, which are critical inputs across defense, semiconductor, energy and healthcare industries.

DeSPACs
Apr 09: HYAC DeSPAC to Concrete Partners, LLC (RMIX)

About Concrete Partners, LLC
Suncrete is a pure-play ready-mix concrete company strategically positioned across Oklahoma and Arkansas with plans to expand throughout the rapidly growing and economically resilient U.S. Sunbelt region. The Company operates batching plants, a dedicated fleet of owned mixer trucks and a tech-enabled dispatch infrastructure supporting a diversified customer base across public infrastructure, commercial and residential sectors. Headquartered in Tulsa, Oklahoma, Suncrete operates under a decentralized plant network strategy with regionally centralized oversight of pricing, customer relationships and fleet utilization with consistent customer engagement across markets to deliver products on time and on spec. 

SEPARATE WARRANTS/RIGHTS
Apr 14: GALAXYEDGE ACQUISITION CORP (GLED)
Apr 14: METALS ACQUISITION CORP II (MTAL)
Apr 13: PALOMA ACQUISITION CORP I (PALO)
Apr 13: ABONY ACQUISITION CORP I (AACO)
Apr 10: AVERIN CAPITAL ACQUISITION CORP (ACAA)

OTHER SPAC NEWS
HUDA – HUDSON ACQUISITION I CORP * Auditor Change
LEGT – LEGATO MERGER CORP III * Investor Deck
CSTAF – CONSTELLATION ACQUISITION CORP I * Merger Agreement
FERA – FIFTH ERA ACQUISITION CORP I * Merger Agreement
MLAA – MOUNTAIN LAKE ACQUISITION CORP II * Non-Binding LOI
NPAC – NEW PROVIDENCE ACQUISITION CORP III * Media Transcript

 

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
CompanyTickerChangePriceStage
AIMEI HEALTH TECHNOLOGY CO LTDAFJK 142.4%$ 67.86Announced
HORIZON SPACE ACQUISITION II CORPHSPT 19.0%$ 7.35Announced
RISING DRAGON ACQUISITION CORPRDAC 18.0%$ 6.49Announced
ASPAC III ACQUISITION CORPASPC 16.9%$ 12.80Announced
GENERAL PURPOSE ACQUISITION CORPGPAC 11.2%$ 11.03Pre-Deal
 
YESTERDAY’S TOP SPAC LOSERS
CompanyTickerChangePriceStage
JENA ACQUISITION CORP IIJENA -1.3%$ 10.22Pre-Deal
TWELVE SEAS INVESTMENT CO IIITWLV -0.9%$ 9.90Pre-Deal
OAKTREE ACQUISITION CORP III LIFE SCIENCESOACC -0.5%$ 10.60Pre-Deal
APEX TREASURY CORPAPXT -0.4%$ 9.95Pre-Deal
WILLOW LANE ACQUISITION CORPWLAC -0.4%$ 10.64Announced
Source: Boardroom Alpha market data

Recent Analysis

2026 Proxy Season Scorecard: Six Say-on-Pay Failures, AI Lands on Mega-Cap Ballots, and the Anti-ESG Pile-Up

Through May 21, 2026, U.S. public-company shareholders rejected six annual-meeting Say-on-Pay packages outright, voted against 18 directors at 14 companies, and crushed dozens of mega-cap shareholder proposals at sub-3% support. Plus: AI proposals filed at Alphabet, Meta, Walmart, and IBM; the split verdict on special-meeting rights; the activist-vote scorecard from four 2026 director-slate contests.

Weekly Recap: MO, OHI, WEN Rewire the C-Suite — May 22, 2026

Succession moved from emergency cleanup to portfolio rotation this week, with 24 CEO changes and 21 CFO changes across the tracked C-suite. Altria paired a CEO handoff with a CFO change, Omega Healthcare reset three senior finance and operating seats, and Wendy’s went back to the CEO market for the third time in three years.

SPAC Market Update May 22, 2026: BRKH, PECE Price $140M of SPAC IPOs

BurTech Acquisition Corp II (BRKH) and Peace Acquisition Corp. (PECE) priced 2 SPAC IPOs on May 22, 2026, raising $140M combined. BRKH targets real estate, infrastructure and lifestyle brands; PECE targets businesses across Asia, excluding Mainland China, Hong Kong and Macau.

SPAC Market Update May 22, 2026: BRKH, PECE Price $140M of SPAC IPOs

BurTech Acquisition Corp II (BRKH) and Peace Acquisition Corp. (PECE) priced 2 SPAC IPOs on May 22, 2026, raising $140M combined. BRKH targets real estate, infrastructure and lifestyle brands; PECE targets businesses across Asia, excluding Mainland China, Hong Kong and Macau.

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.