Boardroom Alpha
Start trial
Research library
SPACs · Aug 17, 2026

SPAC Market Update August 17, 2026: RFAI Extension Passes After $9 Million is Redeemed

RF Acquisition Corp II (RFAI) won shareholder approval in the last 3 days to extend its deadline to February 15, 2027; investors redeemed $9,273,037 from trust as of August 17, 2026. The extension was the only vote result reported in the last 3 days.

SPAC IPO Update — August 17, 2026

No SPAC IPOs priced on August 17, 2026; August MTD now stands at 6 IPOs totaling $935M over 17 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 6•Prior: 18•MoM: -12
8
Aug ’25
14
Sep ’25
14
Oct ’25
10
Nov ’25
22
Dec ’25
24
Jan ’26
27Peak
Feb ’26
11
Mar ’26
16
Apr ’26
20
May ’26
19
Jun ’26
18
Jul ’26
6
Aug ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 6 IPOs ($935M) vs. first 17 days of last month 11 ($2.49B) · 12-mo avg: 17/mo
$ totals include underwriter over-allotment.
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Aug 13 TBCV Thunder Bridge Capital Partners V, Ltd. $261M  $39M overallotment 100.0%
Aug 07 OCLT OCEANLIGHT ACQUISITION CORP $100M 100.0%
Aug 07 PNAQ PINNACLE ACQUISITION CORP $200M 100.0%
Source: Boardroom Alpha

Daily SPAC Update — August 17, 2026

SPAC VOTE RESULTS
RF ACQUISITION CORP II (RFAI) * Extend to February 15, 2027833,157 redeemed · $9,273,037 removed · trust $11.13

SPAC EXTENSIONS
RF ACQUISITION CORP II (RFAI) * Extension FilingShareholders approved extensions to Feb 15, 2027 and related amendments. 833,157 shares were redeemed reducing Trust funds.
WINVEST ACQUISITION CORP (WINV) * Extension FilingSponsor funds sixth $30k drawdown to extend the deadline to Sept 17, 2026; funds added to the Trust for potential liquidation or redemption payouts.
BAYVIEW ACQUISITION CORP (BAYA) * Extension FilingBayview Acquisition Corp extended its business-combination deadline by one month with a $50,000 trust deposit.

DeSPACs
August 18 | PLMJF DeSPAC → Tactical Resources Corp. (TREO)Tactical Resources Corp. is a mineral exploration and development company that focuses on U.S.-made rare earth elements. These elements are utilized in semiconductors, electric vehicles, advanced robotics, and national defense. The company is also engaged in developing metallurgical processing techniques to enhance the potential for rare earth element development.
August 17 | IPCX DeSPAC → A1R WATER (WATR)A1R WATER designs and manufactures air-to-water technology that extracts clean water from humidity. It produces systems for both consumers and industrial applications, with capacities up to 3,000 liters per day. The company also operates water farms and bottling sites, providing finished water products to various global brands, including Conrad (Hilton) Abu Dhabi and Fairmont Hotels & Resorts.

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-08-13: DAAQ + Old Glory Holding Co

SEPARATE WARRANTS/RIGHTS
August 14: EAST WEST AVE ACQUISITION CORP (EWAV)
August 14: MERCATOR ACQUISITION CORP (MRCO)

OTHER SPAC NEWS
CARTESIAN GROWTH CORP II (RENEF) * Investor Deck
KENSINGTON CAPITAL ACQUISITION CORP VI (KCAC.U) * Investor Deck

SPAC LIQUIDATIONS
ARTIUS II ACQUISITION INC (AACB) -> Liquidation on August 13
AGRICULTURE & NATURAL SOLUTIONS ACQUISITION CORP (ANSC) -> Liquidation on August 12

SPAC Executive & Director Moves — August 17, 2026

SPAC Executive & Director Moves
Company Ticker Moves
INTEGRATED WELLNESS ACQUISITION CORP WELNF
  • On August 10, 2026, Donald Fell, Michael Peterson, and Suren Ajjarapu resigned from the Board of Directors of Integrated Wellness Acquisition Corp, effective immediately.  (view source)
Thunder Bridge Capital Partners V, Ltd.
  • On August 12, 2026, David Burg, Mary Anne Gillespie, Stewart J. Paperin, and Allerd D. Stikker were appointed to the board of directors of the Company, with additional committee appointments for Gillespie, Paperin, and Stikker.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — August 17, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
DIGITAL ASSET ACQUISITION CORP DAAQ 43.5% $ 10.42 Pre-Deal
CHURCHILL CAPITAL CORP XI CCXI 5.4% $ 17.07 Announced
RESEARCH ALLIANCE CORP IV RACD 3.3% $ 11.80 Pre-Deal
HELIX ACQUISITION CORP III HLXC 1.9% $ 11.00 Pre-Deal
AIMEI HEALTH TECHNOLOGY CO LTD AFJK 1.7% $ 12.20 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
KEEN VISION ACQUISITION CORP KVAC -13.1% $ 11.51 Announced
TCGX ACQUISITION CORP TCGX -10.4% $ 14.87 Pre-Deal
STONEBRIDGE ACQUISITION II CORP APAC -8.5% $ 10.21 Pre-Deal
D BORAL ARC ACQUISITION I CORP BCAR -3.8% $ 5.83 Announced
JATT II ACQUISITION CORP TBD -2.7% $ 12.50 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What did RFAI shareholders approve in the last 3 days?
    RF Acquisition Corp II (RFAI) shareholders approved an extension to February 15, 2027. Investors redeemed 833,157 shares, removing $9,273,037 from trust at $11.13 per share.
  • How many SPAC IPOs priced in August 2026 through August 17?
    6 SPAC IPOs priced for $935M through August 17, 2026, compared with 11 IPOs for $2.49B over the same 17-day span in July 2026.
  • Which companies are listed as DeSPACs this week?
    A1R WATER (WATR) and Tactical Resources Corp. (TREO) are listed as this week’s DeSPACs. A1R WATER makes air-to-water technology, and Tactical Resources focuses on U.S. rare earth elements.
  • Which SPACs disclosed sponsor-funded extensions?
    WinVest Acquisition Corp (WINV) and Bayview Acquisition Corp (BAYA) disclosed sponsor-funded trust deposits tied to deadline extensions in the last 3 days.


Go deeper

SPAC data & trackers

Get it in your inbox

The Daily SPAC Update in your inbox

Every IPO, vote, and DeSPAC close — analyzed daily for finance professionals.

ShareXLinkedIn

Published Aug 17, 2026

More from SPACs

All research
SPACs · Aug 14, 2026

SPAC Market Update August 14, 2026: IPEX Extension Passes After $79M Redemptions, DAAQ Ends Old Glory Deal

Inflection Point Acquisition Corp V (IPEX) won approval to extend its deadline to December 31, 2026 on August 14, 2026, with shareholders redeeming $79M from trust. Separately,…

Read
SPACs · Aug 13, 2026

SPAC Market Update August 13, 2026: TBCV Prices $261M IPO, AACB Liquidates

Thunder Bridge Capital Partners V, Ltd. (TBCV) priced a $261M SPAC IPO on August 13, 2026, with Thunder Bridge Capital, LLC leading a vehicle targeting financial services and…

Read
SPACs · Aug 12, 2026

SPAC Market Update August 12, 2026: IPEX Deal Vote Set, ANSC Liquidation

Inflection Point Acquisition Corp V (IPEX) set September 3, 2026 for a deal vote on August 12, 2026, the only deal vote scheduled today; August SPAC IPO issuance totaled 5…

Read
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 Boardroom Alpha 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.

Full disclaimer