SPAC IPOs Look Stalled Again as Irenic’s $220M IPO Only Makes it Seven. Miluna Acquisition + CADV.AI Deal. Prophyte Extension Vote to Add 12 More Months.
SPAC IPO UPDATE
SPAC IPO Count
Ticker: IACQ (Units: IACQU)
Size: $220 Million
Sponsor: Irenic Capital Management LP
Irenic Acquisition Corp. priced its $220 million initial public offering on April 28, 2026, with units beginning trading on the Nasdaq today.
Strategy: The SPAC is targeting aerospace, defense, and broader industrial companies. The pitch is timely: defense budgets, reshoring, and industrial modernization remain powerful deal catalysts.
Leadership Team:
- Adam Katz (CEO & Director): Co-founder and CIO of Irenic Capital Management.
- E-Fei Wang (President & Director): Managing Director and Head of Private Equity at Irenic.
- Matthew Kupersmith (CFO): Senior investment executive and adviser to Irenic.
Structure: 22 million units at $10.00. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.
DAILY SPAC UPDATE
SPAC DEALS ANNOUNCEDApr 27 | MMTX – Miluna Acquisition Corp + CADV Ventures S.A.
ABOUT CADV Ventures S.A.
CADV.AI is an AI software company founded in 2017 and headquartered in Warsaw, Poland, focused on improving digital customer engagement for large organizations. CADV.AI’s mission is to deliver mission-critical solutions with uncompromising quality and reliability, enabling its customers to succeed in the most demanding environments. CADV.AI provides advanced technical support for organizations using extensive IT systems and delivers technical support services using an AI-assisted support model in which the CADV.AI platform analyzes incidents and automates operational tasks while expert engineers supervise the process and resolve complex cases. As a result, its clients benefit from a modern technical support model that combines the expertise of IT professionals with the capabilities of artificial intelligence. CADV.AI offers an IT protection service package that includes technical support for IT systems. This solution provides organizations with guaranteed access to a team of IT specialists in situations requiring a response to technical incidents or operational issues.
SPAC DEAL & EXTENSION VOTES SET
AQU – Aquaron Acquisition Corp * EXTENSION VOTE SET: May 07, 2026 * trust $13.70
OTHER SPAC NEWS
MMTX – MILUNA ACQUISITION CORP * Merger Agreement
SVAC – SPRING VALLEY ACQUISITION CORP III * Media Transcript
IPOD – DUNE ACQUISITION CORP II * Name Change Approved
CEPO – CANTOR EQUITY PARTNERS I INC * Media Transcript
EXTENSION VOTES
PHYTF – PYROPHYTE ACQUISITION CORP * vote April 28, 2026 -> extend from April 29, 2026 to April 29, 2027
SPAC DEAL TERMINATIONS (Last 10 Days)
2026-04-20: CCIX + Plus
| Company | Ticker | Moves |
|---|---|---|
| DUNE ACQUISITION CORP II | IPOD |
|
SPAC MOVERS
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| HORIZON SPACE ACQUISITION II CORP | HSPT | 9.3% | $ 8.25 | Announced |
| ESH ACQUISITION CORP | ESHA | 3.3% | $ 12.75 | Announced |
| ASPAC III ACQUISITION CORP | ASPC | 1.4% | $ 11.16 | Announced |
| PERCEPTIVE CAPITAL SOLUTIONS CORP | PCSC | 1.3% | $ 11.35 | Pre-Deal |
| SILVERBOX CORP IV | SBXD | 1.0% | $ 10.81 | Announced |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| VOYAGER ACQUISITION CORP | VACH | -22.4% | $ 10.00 | Announced |
| GENERAL PURPOSE ACQUISITION CORP | GPAC | -10.2% | $ 9.97 | Pre-Deal |
| AIMEI HEALTH TECHNOLOGY CO LTD | AFJK | -10.0% | $ 40.80 | Announced |
| CLEARTHINK 1 ACQUISITION CORP | CTAA | -2.2% | $ 9.83 | Pre-Deal |
| WHITE PEARL ACQUISITION CORP | WPAC | -1.5% | $ 9.95 | Pre-Deal |