SPAC IPO Update — August 18, 2026
2 SPAC IPOs priced on August 18, 2026, raising $300M; August MTD now stands at 8 IPOs totaling $1.24B over 18 sessions.
SPAC IPO Count
Month-to-date: 8 IPOs ($1.24B) vs. first 18 days of last month 11 ($2.49B) · 12-mo avg: 17/mo
$ totals include underwriter over-allotment.
Northstrive Acquisition Corp I plans a $100M IPO targeting the manufacturing sector, with a focus on U.S.-based companies in aerospace, defense, and industrial technology. The SPAC aims to leverage its experienced M&A sponsor team and broad transaction network.
Structure: 10 million units at $10.00 each, consisting of one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of one Class A ordinary share. D. Boral Capital LLC as the book-runner.
Karman Line Acquisition Corp. aims to raise $200M through its IPO, focusing on aerospace, defense, and wireless communications infrastructure sectors. The SPAC leverages its management’s deep industry-specific knowledge and global relationships.
Structure: 20 million units at $10.00 each, consisting of one Class A ordinary share and one-half of one warrant. Listed on Nasdaq under XTERU, XTER, and XTERW.
| Date | Ticker | Issuer | IPO Size | Trust Funding |
|---|---|---|---|---|
| Aug 18 | XTER | Karman Line Acquisition Corp. | $200M | 100.0% |
| Aug 18 | TBD | NorthStrive Acquisition Corp I. | $100M | — |
| Aug 13 | TBCV | THUNDER BRIDGE CAPITAL PARTNERS V LTD | $261M $39M overallotment | 100.0% |
Daily SPAC Update — August 18, 2026
SPAC VOTE RESULTS
BLEICHROEDER ACQUISITION CORP II (BBCQ) * Extend to May 18, 2027
SPAC EXTENSIONS
RIBBON ACQUISITION CORP (RIBB) * Extension FilingRibbon Acquisition Corp deposited $125,000 to extend its initial business combination deadline by one month to September 15, 2026.
FUTURE VISION II ACQUISITION CORP (FVN) * Extension FilingFVII extends the deadline to Sept 13, 2026 via sponsor note; conversion into units possible upon a deal.
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
SPAC LISTING RULE NOTICES
HELIX ACQUISITION CORP III (HLXC) * Listing Rule NoticeNasdaq flags insufficient total holders. Company has 45 days to propose a plan for possible 180-day extension or appeal.
SPAC LIQUIDATIONS
ARTIUS II ACQUISITION INC (AACB) -> Liquidation on August 13
AGRICULTURE & NATURAL SOLUTIONS ACQUISITION CORP (ANSC) -> Liquidation on August 12
SPAC Movers — August 18, 2026
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| JATT II ACQUISITION CORP | TBD | 7.0% | $ 13.38 | Announced |
| BLUEPORT ACQUISITION LTD | BPAC | 1.7% | $ 10.17 | Announced |
| K2 CAPITAL ACQUISITION CORP | KII | 1.3% | $ 10.06 | Pre-Deal |
| APEX TECH ACQUISITION INC | TRAD | 1.0% | $ 10.04 | Pre-Deal |
| FUTURE VISION II ACQUISITION CORP | FVN | 0.9% | $ 11.70 | Announced |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| STONEBRIDGE ACQUISITION II CORP | APAC | -24.1% | $ 10.21 | Pre-Deal |
| RF ACQUISITION CORP II | RFAI | -16.2% | $ 9.29 | Announced |
| KEEN VISION ACQUISITION CORP | KVAC | -13.1% | $ 11.51 | Announced |
| TCGX ACQUISITION CORP | TCGX | -5.7% | $ 14.02 | Pre-Deal |
| RISING DRAGON ACQUISITION CORP | RDAC | -5.5% | $ 5.81 | Announced |
Frequently Asked Questions
-
How many SPAC IPOs priced in August 2026 through August 18?8 SPAC IPOs raised $1.24B through August 18, 2026, compared with 11 IPOs for $2.49B over the same span in July 2026.
-
How large was the Karman Line Acquisition Corp. IPO?Karman Line Acquisition Corp. (XTER) priced a $200M IPO and targets aerospace, defense, and wireless communications infrastructure sectors.
-
What did NorthStrive Acquisition Corp I. target with its IPO?NorthStrive Acquisition Corp I. (TBD) priced a $100M IPO targeting manufacturing, with a focus on U.S.-based aerospace, defense, and industrial technology companies.
-
What happened in the Bleichroeder Acquisition Corp II vote?Bleichroeder Acquisition Corp II (BBCQ) won extension approval today and extended its business-combination deadline to May 18, 2027.
-
Which companies completed DeSPACs this week?Tactical Resources Corp. (TREO) and A1R WATER (WATR) are the 2 DeSPACs this week.