Cartesian Growth Corp III (CGCT) reported about $239.96M redeemed from trust on after shareholders approved its merger. CGCT‘s vote outcome was marked deal approved, and Lionano SE Inc. was listed as the target company.
SPAC IPO Update —
No SPAC IPOs priced on ; May MTD now stands at 19 IPOs totaling $2.52B over 28 sessions.
SPAC IPO Count
| Date | Ticker | Issuer | IPO Size | Trust Funding |
|---|---|---|---|---|
| May 27 | DGAC | DISCIPLINED GROWTH ACQUISITION Corp | $150M | 100.5% |
| May 22 | BRKH | BURTECH ACQUISITION CORP II | $80M | 100.5% |
| May 22 | PECE | PEACE ACQUISITION CORP | $60M | 100.0% |
| May 21 | APUR | APERTURE AC | $90M $12M overallotment | 100.2% |
| May 21 | FXAC | FORTUNEX ACQUISITION CORP | $75M | 100.5% |
| May 21 | OHAC | OCEANHAWK ACQUISITION CORP | $160M | 100.5% |
| May 20 | RACC | RESEARCH ALLIANCE CORP III | $75M | 100.0% |
| May 19 | AMAN | AMANAT ACQUISITION CORP | $75M | 100.0% |
Daily SPAC Update —
SPAC VOTE RESULTS
CARTESIAN GROWTH CORP III (CGCT) * Deal Approved with Lionano SE Inc.
SPAC DEALS ANNOUNCED
May 27 | Newhold Investment Corp III (NHIC) + Newcleo LtdNewcleo Ltd develops advanced modular reactors (AMRs) cooled by liquid lead and produces nuclear fuel from recycled nuclear waste. It operates in the nuclear energy sector, focusing on delivering low-carbon energy solutions. The company has secured approximately $780 million in private funding and has formed over 100 industry partnerships, with a workforce of more than 900 employees across Europe and the United States.
May 27 | Translational Development Acquisition Corp (TDAC) + ProLogiumProLogium, founded in 2006, develops and manufactures lithium ceramic batteries and holds over 1,100 global patents. It introduced the first solid-state batteries with a 100% ceramic separator in 2013 and plans to launch a superfluidized all-inorganic solid-state battery in 2025. The company operates a GWh-class gigafactory in Taoyuan, Taiwan, and has established an R&D center in Paris-Saclay, France, to support the European market. Construction of its first overseas facility in Dunkirk, France, is set to begin in 2026.
May 26 | Lakeshore Acquisition III Corp (LCCC) + CPRO Electronics CoCPRO Electronics Co develops, manufactures, and sells AI security products, including Edge AI cameras and AI bridges. It integrates physical AI and AI-based retail technology to offer data solutions to large retail chains. The company links customer data detected by its cameras with the Cloud to provide insights that enhance operational efficiency.
May 26 | Axiom Intelligence Acquisition Corp 1 (AXIN) + Terra QuantumTerra Quantum is a global quantum technology company that develops and commercializes solutions in quantum computing, quantum security, and AI-driven optimization. It combines scientific research with software products to address complex computational challenges and enhance decision-making. Headquartered in St. Gallen, Switzerland, it serves customers and partners across various industries worldwide.
SPAC DEAL & EXTENSION VOTES SET
Live Oak Acquisition Corp V (LOKV) * DEAL VOTE SET: June 16, 2026 * trust $10.48
Translational Development Acquisition Corp (TDAC) * EXTENSION VOTE SET: June 17, 2026
EXTENSION VOTES
RISING DRAGON ACQUISITION CORP (RDAC)vote – extend from to
BAYVIEW ACQUISITION CORP (BAYA)vote -> extend from to
SEPARATE WARRANTS/RIGHTS
May 28: ARC GROUP ACQUISITION I CORP (ARBC)
May 28: ACP HOLDINGS ACQUISITION CORP (ACGC)
May 28: APOGEE ACQUISITION CORP (AACP)
OTHER SPAC NEWS
CARTESIAN GROWTH CORP III (CGCT) * Redemption Update * 23,051,313 redeemed * trust $10.41Shareholders approved the Factorial business combination and related governance proposals. Redemption of about $239.96 million from the trust occurred.
NEWHOLD INVESTMENT CORP III (NHIC) * Merger Agreement
NEWHOLD INVESTMENT CORP III (NHIC) * Investor Deck
TRANSLATIONAL DEVELOPMENT ACQUISITION CORP (TDAC) * Merger Agreement
TRANSLATIONAL DEVELOPMENT ACQUISITION CORP (TDAC) * Investor Deck
SPAC LISTING RULE NOTICES
ASPAC III ACQUISITION CORP (ASPC) * Listing Rule NoticeNasdaq found non-compliance with minimum stockholders’ equity; 45 days to submit plan, possible 180-day extension.
CHARLTON ARIA ACQUISITION CORP (CHAR) * Listing Rule NoticeNasdaq flagged Charlton Aria Acquisition for missing 10-K/10-Q; plans to file and seeks up to 180 days to regain compliance.
FLAG SHIP ACQUISITION CORP (FSHP) * Listing Rule NoticeFlag Ship Acquisition faces Nasdaq deficiency notices for late 2025 Form 10-K and Q1 2026 Form 10-Q; plans to regain compliance; no immediate listing impact.
SPAC Executive & Director Moves —
| Company | Ticker | Moves |
|---|---|---|
| FORTRESS VALUE ACQUISITION CORP V | FVAV |
|
| OCEANHAWK ACQUISITION CORP | OHACU |
|
SPAC Movers —
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| AIMEI HEALTH TECHNOLOGY CO LTD | AFJK | 13.3% | $ 45.32 | Announced |
| HORIZON SPACE ACQUISITION II CORP | HSPT | 10.2% | $ 10.01 | Announced |
| CARTESIAN GROWTH CORP III | CGCT | 4.5% | $ 11.34 | Announced |
| CANTOR EQUITY PARTNERS II INC | CEPT | 2.9% | $ 13.28 | Announced |
| NEWHOLD INVESTMENT CORP III | NHIC | 2.8% | $ 11.00 | Announced |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| GENERAL PURPOSE ACQUISITION CORP | GPAC | -18.5% | $ 10.41 | Pre-Deal |
| VOYAGER ACQUISITION CORP | VACH | -6.5% | $ 10.01 | Announced |
| BAYVIEW ACQUISITION CORP | BAYA | -5.6% | $ 12.03 | Announced |
| JATT II ACQUISITION CORP | TBD | -3.6% | $ 10.51 | Pre-Deal |
| REAL ASSET ACQUISITION CORP | RAAQ | -2.7% | $ 11.39 | Announced |
Frequently Asked Questions