SPAC IPO Update
SPAC IPO Count
Month-to-date: 2 IPOs ($500M) vs. prior month 16 ($2.65B) · 12-mo avg: 15.9/mo
Ticker: QLEP (Units: QLEPU) · Size: $200M · Sponsor: Paddington Partners 88 LLC
Quantum Leap Acquisition Corp. priced its $200M IPO on May 1, 2026, and trades on the NYSE under QLEP. The SPAC will focus on target companies within the AI, quantum computing, and blockchain technology sectors and explicitly avoids targets based in Greater China.
Leadership:
- Kervin Pillay (CEO): former Automation CTO at Cisco Systems, leading global automation strategy and AI-driven network transformation.
- David James Chapman (Director): co-founder of OSL Group, a regulated digital asset trading and custody platform.
- Haydar Haba (CFO): CEO and Managing Partner of Andra Capital LLC, with expertise in AI and cloud computing investments.
- Joel Leonoff (Director): co-founder of Paysafe Group, a global payments provider.
- Richard Jhang (Director): Partner at Andra Capital, focusing on growth-stage AI investment strategies.
- David (Joshua) Novak (Director)
Structure: 20M units at $10.00 each. Each unit consists of one ordinary share and a portion of a warrant. J.P. Morgan Chase & Co. is the lead book-runner.
SPAC IPO: Ch4 Natural Solutions Acquisition Corp (MTNE)
Ticker: MTNE (Units: MTNEU) · Size: $200M · Sponsor: CH4 Natural Solutions Acquisition Sponsor LLC
Ch4 Natural Solutions Acquisition Corp. launched its $200M IPO on May 1, 2026, listed on the Nasdaq under MTNE. The firm targets companies with significant real-asset footprints, especially within methane mitigation initiatives across the agriculture and traditional energy sectors in developed countries.
Leadership:
- David M Leuschen (CEO, Director): co-founder of Riverstone, previously head of the Goldman Sachs Global Energy and Power Group.
- Jean Rogers (Director): former ESG Chairperson at Blackstone, advisory board member for multiple energy-focused investment funds.
- Jeffrey Tepper (Director): founder of JHT Advisors LLC, with a history in investment and M&A advisory roles.
- Nate Zwald (Director): Chief Operating Officer of Progenco Inc., specializing in biotechnology for cattle industries.
- Thomas Smith (CFO): CFO of Riverstone Holdings LLC, with prior financial roles at Apax Partners and Ernst & Young.
- Ben Veres (Director)
- Lauren Singer (Director)
Structure: 20M units at $10.00 each, with an overallotment option of $20M. Each unit includes one share and part of a warrant. Santander US Capital Markets LLC is the lead underwriter.
| Date | Ticker | Issuer | IPO Size |
|---|---|---|---|
| May 01 | MTNE | CH4 Natural Solutions Corp | $300M |
| May 01 | QLEP | Quantum Leap Acquisition Corp | $200M |
| Apr 30 | ARBC | ARC Group Acquisition I Corp. | $105M |
| Apr 30 | FTHA | Forefront Tech Holdings Acquisition Corp | $100M |
| Apr 30 | GCGR | General Catalyst Global Resilience Merger Corp. | $350M |
| Apr 30 | MCAH | Mountain Crest Acquisition 6 Corp. | $60M |
| Apr 30 | RREV | RRE Ventures Acquisition Corp. | $250M |
| Apr 30 | WENC | West Enclave Merger Corp. | $100M |
| Apr 29 | CAII | COLLECTIVE ACQUISITION CORP II | $220M |
| Apr 28 | CXII | CHURCHILL CAPITAL CORP XII | $360M $54M overallotment |
| Apr 28 | IACQ | IRENIC ACQUISITION CORP | $220M |
| Apr 28 | PLUN | PLUTONIAN ACQUISITION CORP II | $100M |
Daily SPAC Update
SPAC DEALS ANNOUNCED
Apr 27 | Miluna Acquisition Corp (MMTX) + 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.
EXTENSION VOTES
CLIMATEROCK (CLRCF) * vote May 1, 2026 -> extend from May 2, 2026 to November 2, 2026
OTHER SPAC NEWS
INVESTCORP AI ACQUISITION CORP (IVCAF) * Merger Agreement
SIM ACQUISITION CORP I (SIMA) * Vote PostponedSIM Acquisition Corp. I delays meeting to extend the combination deadline to 2027; redemption deadline moved to May 5, 2026.
DYNAMIX CORP (ETHM) * Ticker ChangeDynamix to change stock ticker to DYNC, units to DYNCU, and warrants to DYNCW, effective May 1, 2026.
ARCHIMEDES TECH SPAC PARTNERS II CO (ATII) * Media Transcript
SPAC Movers
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| VOYAGER ACQUISITION CORP | VACH | 4.5% | $ 12.80 | Announced |
| WILLOW LANE ACQUISITION CORP | WLAC | 2.2% | $ 17.36 | Announced |
| CANTOR EQUITY PARTNERS II INC | CEPT | 2.1% | $ 11.70 | Announced |
| APARADISE ACQUISITION CORP | APAD | 1.8% | $ 10.23 | Announced |
| CARTESIAN GROWTH CORP III | CGCT | 0.7% | $ 10.37 | Announced |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| RISING DRAGON ACQUISITION CORP | RDAC | -48.0% | $ 10.66 | Announced |
| BLUEPORT ACQUISITION LTD | BPAC | -12.4% | $ 10.06 | Pre-Deal |
| HORIZON SPACE ACQUISITION II CORP | HSPT | -7.6% | $ 9.25 | Announced |
| AIMEI HEALTH TECHNOLOGY CO LTD | AFJK | -4.9% | $ 43.70 | Announced |
| ASPAC III ACQUISITION CORP | ASPC | -2.5% | $ 11.70 | Announced |