Boardroom Alpha
Research library
SPACs · Jul 23, 2026

SPAC Market Update July 23, 2026: HUDA Extension Approved, BBCQ LTIP Amended

Hudson Acquisition I Corp (HUDA) won extension approval on July 23, 2026, with $94,334 removed from trust and a new deadline of April 18, 2027. Separately, Bleichroeder Acquisition Corp II (BBCQ) amended its LTIP for post-closing founder awards tied to…

SPAC IPO Update — July 23, 2026

No SPAC IPOs priced on July 23, 2026; July MTD now stands at 13 IPOs totaling $2.92B over 23 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 13Prior: 19MoM: -6
13
Jul ’25
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
13
Jul ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 13 IPOs ($2.92B) vs. first 23 days of last month 15 ($3.15B) · 12-mo avg: 16/mo
$ totals include underwriter over-allotment.
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jul 21 BRTM B&R TECHNOLOGY MERGER CORP $325M 100.0%
Jul 21 NCO SOUTHERN CROSS ACQUISITION I CORP $100M 100.0%
Jul 17 AMAC AMR RESOURCES ACQUISITION CORP $250M  $10M overallotment 100.0%
Jul 14 JONE JONES VENTURES INTL ACQUISITION1 CORP $200M 100.0%
Jul 13 RACD RESEARCH ALLIANCE CORP IV $75M 100.0%
Source: Boardroom Alpha

Daily SPAC Update — July 23, 2026

SPAC VOTE RESULTS
HUDSON ACQUISITION I CORP (HUDA) * Extend to April 18, 20278,568 redeemed · $94,334 removed · trust $11.01

SPAC DEALS ANNOUNCED
July 22 | Apex Treasury Corp (APXT) + TECfusionsTECfusions develops and manages data center infrastructure focused on high-density compute environments. It aims to support sectors such as neocloud, enterprise AI, and GPU-as-a-Service providers. The company emphasizes sustainability and operational efficiency in its facilities, which are designed for rapid deployment and include features like low-water cooling and robust power availability.
July 22 | Kensington Capital Acquisition Corp VI (KCAC.U) + Nth Cycle Inc.Nth Cycle Inc. is a midstream refining company focused on critical minerals. It develops technology and infrastructure to process domestic mineral resources, utilizing its modular OYSTER system and proprietary electroextraction platform. This approach aims to reduce capital intensity, deployment time, and emissions while converting industrial scrap and primary feeds into refined products in the nickel, cobalt, copper, and rare earth value chains.
July 22 | Westin Acquisition Corp (WSTN) + First Choice Healthcare Solutions, Inc.First Choice Healthcare Solutions, Inc. provides healthcare services by developing and operating clinics focused on functional health, longevity, and regenerative medicine. It also manages related healthcare businesses.

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-07-16: FACT + Precision Aerospace Defense Group, Inc.
2026-07-15: FORL + Xiaoyu Dida Interconnect International Limited
2026-07-14: CDAQ + Key Mining Corp.

SEPARATE WARRANTS/RIGHTS
July 27: LONG TABLE GROWTH CORP (LTGR)
July 27: FUTURECORP SPACE ACQUISITION 1 (FTRA)
July 20: TRIBECA STRATEGIC ACQUISITION CORP (BID)
July 20: VIKING ACQUISITION CORP II (VII)

OTHER SPAC NEWS
APEX TREASURY CORP (APXT) * Merger Agreement
APEX TREASURY CORP (APXT) * Investor Deck
BLEICHROEDER ACQUISITION CORP II (BBCQ) * Merger Agreement AmendmentAmendment No. 3 revises the LTIP for the Surviving Corporation, enabling founder’s warrants or free shares up to 10% post-closing with performance-based vesting to be negotiated and approved by the board.
KENSINGTON CAPITAL ACQUISITION CORP VI (KCAC.U) * Merger Agreement
KENSINGTON CAPITAL ACQUISITION CORP VI (KCAC.U) * Investor Deck

SPAC LIQUIDATIONS
CHURCHILL CAPITAL CORP IX (CCIX) -> Liquidation on July 28
COMPASS DIGITAL ACQUISITION CORP (CDAQ) -> Liquidation on July 20

SPAC Executive & Director Moves — July 23, 2026

SPAC Executive & Director Moves
Company Ticker Moves
B&R TECHNOLOGY MERGER CORP BRTMU
  • On July 20, 2026, Jeff Clarke, Raymond Bingham, David Golden, and Renee R. LaBran were appointed to the board of directors; Jeff Clarke was appointed as chair of the Audit Committee, while Raymond Bingham and David Golden were appointed as chairs of the Compensation Committee.  (view source)
NEWHOLD INVESTMENT CORP IV NHIV
  • Polly Schneck has exited as CFO and John Boone has entered as the new CFO at NewHold Investment Corp IV, both effective July 22, 2026.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — July 23, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
STONEBRIDGE ACQUISITION II CORP APAC 33.6% $ 13.58 Pre-Deal
GENERAL PURPOSE ACQUISITION CORP GPAC 14.6% $ 11.47 Pre-Deal
BLACK HAWK ACQUISITION CORP BKHA 8.2% $ 13.10 Announced
SPARK I ACQUISITION CORP SPKL 3.0% $ 12.20 Announced
KEEN VISION ACQUISITION CORP KVAC 1.2% $ 12.55 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
RISING DRAGON ACQUISITION CORP RDAC -5.9% $ 6.31 Announced
EUREKA ACQUISITION CORP EURK -1.6% $ 11.81 Announced
CHURCHILL CAPITAL CORP XI CCXI -1.2% $ 14.65 Announced
ONEIM ACQUISITION CORP OIM -0.7% $ 10.11 Pre-Deal
CHURCHILL CAPITAL CORP XII CXII -0.6% $ 10.78 Pre-Deal
Source: Boardroom Alpha market data

Frequently Asked Questions

  • How much was redeemed in Hudson Acquisition I Corp’s extension vote?
    Hudson Acquisition I Corp (HUDA) reported 8,568 shares redeemed, $94,334 removed from trust and $11.01 of trust value per share in the extension vote.
  • What deadline did HUDA shareholders approve?
    Hudson Acquisition I Corp (HUDA) extended its business-combination deadline to April 18, 2027, with no monthly deposits to the trust account disclosed.
  • How many SPAC IPOs priced in July 2026 through July 23?
    13 SPAC IPOs priced for $2.92B through July 23, 2026, compared with 15 IPOs for $3.15B over the same span in June 2026.
  • What did Bleichroeder Acquisition Corp II amend?
    Bleichroeder Acquisition Corp II (BBCQ) amended LTIP terms for the surviving company, allowing post-closing founder awards subject to performance-based vesting and board approval.
  • Who became CFO of NewHold Investment Corp IV?
    John Boone became CFO of NewHold Investment Corp IV (NHIV) effective July 22, 2026; Polly Schneck exited the role the same day.


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 Jul 23, 2026

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