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SPACs · Aug 7, 2026

SPAC Market Update August 7, 2026: Pinnacle Acquisition Prices $200M IPO, Bleichroeder Deal Vote Set

Pinnacle Acquisition Corp (PNAQ) priced a $200M SPAC IPO on August 7, 2026, with units listing on NYSE under PNAQ.U. Separately, Bleichroeder Acquisition Corp II (BBCQ) set August 25, 2026 for a deal vote.

SPAC IPO Update — August 7, 2026

1 SPAC IPO priced on August 7, 2026, raising $200M; August MTD now stands at 4 IPOs totaling $535M over 7 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 4Prior: 18MoM: -14
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
4
Aug ’26
Source: Boardroom Alpha
IPO Activity Snapshot1 SPAC IPO today raising $200M · PNAQ ($200M)
Month-to-date: 4 IPOs ($535M) vs. first 7 days of last month 4 ($1.05B) · 12-mo avg: 17/mo
$ totals include underwriter over-allotment.
Size
$200M
Ticker
Sponsor
PAC Sponsor, LLC

Pinnacle Acquisition Corporation priced its $200M IPO on August 7, 2026, and trades on NYSE under PNAQ.U. The SPAC targets opportunities in commercial and consumer finance, focusing on businesses with strong fundamentals and public-market scale.

Leadership
Andrew RechtschaffenDirector
Founder and CEO of AREX Capital Management; former partner at Greenlight Capital.
Jackson SchneiderCFO
COO/CFO of Pinnacle Advisory Inc.; former CFO of Great White Shark Enterprises.
Karen MartinDirector
Independent director and audit chair at Propel Holdings and Real Matters.
Paul StoyanDirector
CEO and Chair of Gardiner Roberts LLP; director at Enghouse Systems Limited.
Steven K HudsonCEO, Director
Former CEO of ECN Capital Corp. and Element Financial Corporation.
Harry BrandlerDirector
CFO and director of Three Lions Acquisition Corp.; former CFO of Greenlight Capital.

Structure: 20M units at $10.00 each. Each unit comprises one Class A ordinary share and one right to receive 1/8 of one Class A share. Santander and CIBC Capital Markets are joint book-runners.

New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Aug 07 PNAQ Pinnacle Acquisition Corp $200M 100.0%
Aug 05 TCGX TCGX Acquisition Corp. $75M  $11M overallotment
Aug 04 FJDI ARC Group Securities Acquisition I $105M
Aug 04 THEO BOA Acquisition Corp. II $125M  $19M overallotment 100.0%
Jul 31 XIII Churchill Capital Corp XIII $360M  $54M overallotment 100.0%
Jul 31 EWAV East West Ave Acquisition Corp. $100M 100.5%
Jul 28 CATL CATALYST ACQUISITION CORP $200M  $12M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — August 7, 2026

SPAC DEALS ANNOUNCED
August 6 | Pono Capital Four Inc (PONO) + Blackstar Orbital TechnologiesBlackstar Orbital Technologies Corporation develops reusable orbital spacecraft that launch as conventional payloads aboard existing rockets. These spacecraft operate in low Earth orbit and return mission payloads to Earth, landing on a runway for recovery and reuse. Its SpaceDrone™ platform aims to provide government and commercial customers with access to orbit and the capability to recover high-value payloads from space. Blackstar Orbital is based on Florida’s Space Coast.
August 3 | Bluerock Acquisition Corp (BLRK) + Yellow.aiYellow.ai provides agentic AI solutions for enterprise service automation. Its platform, based on a multi-LLM architecture, processes over 16 billion conversations each year to enhance efficiency in customer service and operations while lowering operating costs. The company focuses on delivering actionable outcomes for enterprises and their stakeholders.
August 3 | Newbridge Acquisition Ltd (NBRG) + Startech Group IncStartech Group Inc. is a Delaware corporation that operates in the fintech and AI technology infrastructure sectors. Its initial business initiatives involve developing functional water products and AI-powered healthcare technologies aimed at enhancing human health and longevity.

SPAC DEAL & EXTENSION VOTES SET
Bleichroeder Acquisition Corp II (BBCQ) * DEAL VOTE SET: August 25, 2026 * trust $10.00

SPAC EXTENSIONS
AIMEI HEALTH TECHNOLOGY CO LTD (AFJK) * Extension FilingAimei Health extends SPAC deadline to Sept 6, 2026 with a $34,330.96 extension payment funded by a convertible promissory note.

SEPARATE WARRANTS/RIGHTS
August 13: GORES HOLDINGS XI INC (GHXI)
August 10: WILCO 63 CORP (WLCO)
August 5: JAB ACQUISITION CORP I (JAB)
August 4: FREEDOM METALS ACQUISITION CORP (FDMM)

OTHER SPAC NEWS
COLUMBUS ACQUISITION CORP (COLA) * Merger Agreement AmendmentFirst Amendment extends the Outside Date to Oct 31, 2026; SEALSQ commits a $10M PIPE.
PONO CAPITAL FOUR INC (PONO) * Merger Agreement

SPAC LIQUIDATIONS
AGRICULTURE & NATURAL SOLUTIONS ACQUISITION CORP (ANSC) -> Liquidation on August 12

SPAC Executive & Director Moves — August 7, 2026

SPAC Executive & Director Moves
Company Ticker Moves
BERTO ACQUISITION CORP II GUAC
  • On July 31, 2026, Robert You resigned as President and CFO of Berto Acquisition Corp. II, and Vikas Mittal was appointed as Interim CFO.  (view source)
TCGX Acquisition Corp.
  • On August 4, 2026, Andrew Cheng, M.D., Ph.D., Ying Huang, Ph.D., and Wei Lin, M.D. were appointed to the board of directors, while Chen Yu, M.D., M.B.A. and Craig Skaling resigned from the board.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — August 7, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
D BORAL ARC ACQUISITION I CORP BCAR 8.0% $ 4.75 Announced
FUTURE VISION II ACQUISITION CORP FVN 4.6% $ 11.29 Announced
DIGITAL ASSET ACQUISITION CORP DAAQ 4.3% $ 8.66 Announced
CHURCHILL CAPITAL CORP XI CCXI 3.0% $ 16.40 Announced
GP-ACT III ACQUISITION CORP GPAT 2.1% $ 11.15 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
GENERAL PURPOSE ACQUISITION CORP GPAC -2.8% $ 9.74 Pre-Deal
BEST SPAC I ACQUISITION CORP BSAA -2.1% $ 11.16 Announced
CO2 ENERGY TRANSITION CORP NOEM -1.7% $ 11.80 Pre-Deal
LEAPFROG ACQUISITION CORP LFAC -0.9% $ 9.96 Pre-Deal
AIMEI HEALTH TECHNOLOGY CO LTD AFJK -0.8% $ 11.95 Pre-Deal
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What did Pinnacle Acquisition Corp (PNAQ) price on August 7, 2026?
    Pinnacle Acquisition Corp (PNAQ) priced a $200M SPAC IPO on August 7, 2026. The units trade on NYSE under PNAQ.U, and the SPAC targets commercial and consumer finance opportunities.
  • How many SPAC IPOs priced in August 2026 through August 7?
    4 SPAC IPOs priced for $535M through August 7, 2026, compared with 4 IPOs for $1.05B over the first 7 days of July 2026. Totals include over-allotment.
  • When is Bleichroeder Acquisition Corp II’s deal vote scheduled?
    Bleichroeder Acquisition Corp II (BBCQ) set its deal vote for August 25, 2026.
  • How did Aimei Health Technology Co Ltd extend its SPAC deadline?
    Aimei Health Technology Co Ltd (AFJK) extended its deadline to Sept. 6, 2026 by depositing cash funded through a convertible promissory note.
  • What changed in Columbus Acquisition Corp’s merger agreement?
    Columbus Acquisition Corp (COLA) amended the agreement to extend the outside date to Oct. 31, 2026, with the target committing to a PIPE.


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Published Aug 7, 2026

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