Daily SPAC Update – April 15, 2026

by | Apr 15, 2026

Two New SPAC IPOs as NewHold Investment IV and QuasarEdge Acquisition 2 Debut. Drugs Made in America Sets Extension Vote. TLGY Extension Vote.

SPAC IPO UPDATE

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 5Prior: 11MoM: -6
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
5
Apr ’26
Source: Boardroom Alpha
 

SPAC IPO: NEWHOLD INVESTMENT CORP IV (NHIV)
Ticker: NHIV
Size: $175 Million
Sponsor: NewHold Enterprises

NewHold Investment Corp IV priced its $175 million IPO today, marking the fourth blank-check outing for the NewHold Enterprises team. Led by Kevin Charlton, the firm has established a disciplined track record of targeting the industrial and manufacturing sectors. This latest vehicle arrives with a slightly larger capital base than its predecessors, signaling a move toward more substantial mid-market targets in an increasingly selective M&A environment.

Strategy: The team is laser-focused on the “industrial technology” ecosystem. Specifically, they are hunting for companies within manufacturing, logistics, and business services that are ripe for digital transformation. The mandate emphasizes EBITDA-positive firms with defensible market positions rather than speculative pre-revenue tech.

Leadership Team:

  • Kevin Charlton (CEO): A veteran industrial investor with over 20 years of private equity experience. He served as Co-Chairman of NewHold Investment Corp II, which successfully merged with Laser Photonics.
  • Nicholas J.S. Wood (CFO): Brings deep operational and financial expertise from the NewHold platform, having navigated the full lifecycle of multiple SPAC vehicles.

Structure: 17.5 million units at $10.00. Each unit consists of one share of common stock and one-half of one redeemable warrant. Stifel and Needham acted as joint book-runners.

SPAC IPO: QUASAREDGE ACQUISITION CORP (QRED)
Ticker: QRED (Units: QREDU)
Size: $100 Million
Sponsor: QuasarEdge Sponsor LLC

QuasarEdge Acquisition Corp officially scaled up its IPO to $100 million, a notable upsize from its initial $60 million filing. The move suggests strong appetite for the sponsor’s specialized focus on cross-border opportunities. While smaller than the average 2026 debut, the compact trust size is strategically positioned to target the “low-mid” market, where valuation gaps remain wider and competition from larger PE firms is less intense.

Strategy: QuasarEdge is casting a wide net across the Technology and Consumer sectors, with a particular emphasis on companies operating at the intersection of AI-driven logistics and e-commerce infrastructure. The sponsor has signaled a preference for targets with a nexus in Asia or North America that can benefit from global supply chain optimization.

Leadership Team:

  • Lixin Kan (CEO & Chairman): A seasoned executive with extensive experience in international trade and cross-border finance.
  • Dr. George J.S. Geng (Director): Provides deep technical and academic perspective, particularly in high-tech industrial applications.

Structure: 10 million units at $10.00. Each unit consists of one ordinary share and one right to receive one-fourth (1/4) of one ordinary share upon the consummation of an initial business combination. Using rights instead of warrants minimizes long-term dilution and avoids the “warrant overhang” that often complicates de-SPAC negotiations. D. Boral Capital LLC acted as the sole book-runner.

 
New SPAC IPOs
DateTickerIssuerIPO Size
Apr 15NHIVNewHold Investment Corp IV$175M
Apr 15QREDQuasarEdge Acquisition Corp$100M
Apr 14MYXMaywood Acquisition Corp. 2$100M
Apr 07AACPAPOGEE ACQUISITION CORP$150M  $23M overallotment
Source: Boardroom Alpha

DAILY SPAC UPDATE

SPAC DEAL & EXTENSION VOTES SET
DMAA – Drugs Made In America Acquisition Corp * EXTENSION VOTE SET: Apr 27, 2026 * trust $10.52

EXTENSION VOTES
TLGYF – TLGY ACQUISITION CORP * vote -> extend to October 14, 2026

OTHER SPAC NEWS
BBCQ – BLEICHROEDER ACQUISITION CORP II * Investor Deck
CAEP – CANTOR EQUITY PARTNERS III INC * Investor Deck
IPEX – INFLECTION POINT ACQUISITION CORP V * Investor Deck
PGAC – PANTAGES CAPITAL ACQUISITION CORP * Merger Agreement Amendment

SEPARATE WARRANTS/RIGHTS
Apr 20: TRG LATIN AMERICA ACQUISITIONS CORP (TRGS)
Apr 16: BHAV ACQUISITION CORP (BHAV)
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)

SPAC DEALS ANNOUNCED
Apr 13 | SZZL – Sizzle Acquisition Corp II + Trasteel Holding S.A.

ABOUT Trasteel Holding S.A.
Trasteel was formed in 2009 and is currently owned by Giuseppe Mannina, Fratelli Cosulich Spa and Gianfranco Imperato. Over the past 17 years, Trasteel has evolved from a pure steel trading business into a dual business model combining trading operations (approximately 50% of sales) covering all the needs of the steel supply chain, including energy, with industrial steel transformation (approximately 50% of sales). The company operates in over 60 countries around the world across the steel value chain through steel and raw materials trading, steel related consumables trading, non-ferrous trading, energy trading and industrial transformation. It also trades alumina, silicon carbide, graphite, cassiterite, bauxite, copper, zinc, nickel, chromium, titanium, and tin. Trasteel’s industrial division owns a portfolio of 13 factories in 6 countries, and the company sells to over 4,000 customers worldwide.

Apr 13 | IVCAF – Investcorp AI Acquisition Corp + Blue Finance Technology Holding Limited

ABOUT Blue Finance Technology Holding Limited
Blue Finance, through its wholly owned subsidiary My Finance Club, builds and operates consumer- and merchant-facing digital finance platforms that provide personal finance tools, access to credit and installment financing, and embedded digital payments to help individuals and businesses manage money and transact online. Blue Finance is organized as a private Irish company limited by shares.

SEPARATE WARRANTS/RIGHTS
Apr 20: TRG LATIN AMERICA ACQUISITIONS CORP (TRGS)
Apr 16: BHAV ACQUISITION CORP (BHAV)
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)

SPAC Executive & Director Moves
CompanyTickerMoves
ILLUMINATION ACQUISITION CORP IILLUU
  • John DeMarais has been appointed as Chief Operating Officer of Illumination Acquisition Corp 1, effective April 13, 2026.  (view source)
SILICON VALLEY ACQUISITION CORPSVAQ
  • Madan Menon has resigned as Chief Operating Officer of Silicon Valley Acquisition Corp, effective April 8, 2026.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
CompanyTickerChangePriceStage
AIMEI HEALTH TECHNOLOGY CO LTDAFJK 28.2%$ 51.80Announced
GENERAL PURPOSE ACQUISITION CORPGPAC 11.3%$ 11.04Pre-Deal
WILLOW LANE ACQUISITION CORPWLAC 5.5%$ 12.95Announced
ASPAC III ACQUISITION CORPASPC 5.3%$ 11.79Announced
ESH ACQUISITION CORPESHA 4.2%$ 12.81Announced
 
YESTERDAY’S TOP SPAC LOSERS
CompanyTickerChangePriceStage
K2 CAPITAL ACQUISITION CORPKII -1.0%$ 9.89Pre-Deal
PALOMA ACQUISITION CORP IPALO -0.8%$ 9.87Pre-Deal
ABONY ACQUISITION CORP IAACO -0.8%$ 9.87Pre-Deal
WILLOW LANE ACQUISITION CORP IIWLII -0.4%$ 9.95Pre-Deal
FIGX CAPITAL ACQUISITION CORPFIGX -0.4%$ 10.15Pre-Deal
Source: Boardroom Alpha market data

Recent Analysis

Daily SPAC Update – April 20, 2026

Piermont Announces Deal with Tigerless Health. Climaterock sets extension vote. Horizon Space Extension Vote Today. Suma, TRG Latin America, and MOZAYYX Separate Trading.

Daily SPAC Update – April 14, 2026

Two SPAC Deals as Sizzle Acquisition II + Trasteel Holdings and Investcorp AI + Blue Finance are Announced. Maywood II $100M IPO. 5 SPACs Set for Separate Trading This Week.

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.

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