Boardroom Alpha
Research library
SPACs · Jul 31, 2026

SPAC Market Update July 31, 2026: KVAC Nasdaq Delisting Notice, DAAQ Old Glory Vote Postponed

Keen Vision Acquisition Corporation (KVAC) faces Nasdaq delisting and will trade OTC after a July 31, 2026 notice, with plans to seek relisting if a future business combination closes. Separately, Digital Asset Acquisition Corp (DAAQ) postponed its Old Glory…

SPAC IPO Update — July 31, 2026

No SPAC IPOs priced on July 31, 2026; July MTD now stands at 16 IPOs totaling $3.42B over 31 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 16Prior: 19MoM: -3
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
16
Jul ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 16 IPOs ($3.42B) vs. first 31 days of last month 20 ($4.32B) · 12-mo avg: 16/mo
$ totals include underwriter over-allotment.
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jul 28 CATL CATALYST ACQUISITION CORP $200M 100.0%
Jul 24 MTAK MARKET TECHNOLOGY ACQUISITION CORP $200M  $5M overallotment 100.5%
Jul 24 PLCI PELICAN ACQUISITION II CORP $75M  $11M overallotment 101.0%
Jul 21 BRTM B&R TECHNOLOGY MERGER CORP $325M 100.0%
Jul 21 NCO SOUTHERN CROSS ACQUISITION I CORP $100M  $15M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — July 31, 2026

SPAC VOTE RESULTS
LAKESHORE ACQUISITION III CORP (LCCC) * Extend to August 1, 20275,082,213 redeemed

SPAC DEAL & EXTENSION VOTES SET
Andretti Acquisition Corp II (POLE) * EXTENSION VOTE SET: August 28, 2026 * trust $10.83

SEPARATE WARRANTS/RIGHTS
August 3: OCEAN CAPITAL ACQUISITION CORP (OCAC)
July 31: SOUTHERN CROSS ACQUISITION I CORP (NCO)
July 31: COLUMBUS CIRCLE CAPITAL CORP III (CCCT)
July 31: FUTUREWAVE ACQUISITION CORP (FWAC)
July 30: SNOW ROTHSCHILD ACQUISITION CORP (ISNR)

OTHER SPAC NEWS
DIGITAL ASSET ACQUISITION CORP (DAAQ) * Vote PostponedDAAQ postpones the meeting to approve the Old Glory Bank merger to Aug 14, 2026.
KEEN VISION ACQUISITION CORP (KVAC) * DelistingKeen Vision Acquisition Corporation faces Nasdaq delisting; will trade OTC and seeks to re-list after a future business combination.

SPAC LISTING RULE NOTICES
KEEN VISION ACQUISITION CORP (KVAC) * Listing Rule NoticeNasdaq to delist Keen Vision after SPAC non-compliance; will trade OTC; plans to relist if a business combination closes.

SPAC LIQUIDATIONS
CHURCHILL CAPITAL CORP IX (CCIX) -> Liquidation on July 28

SPAC DEALS ANNOUNCED
July 27 | Research Alliance Corp III (RACC) + Oak Hill BioOak Hill Bio is a clinical-stage biotechnology company that develops therapeutics for rare diseases that have been deprioritized by pharmaceutical companies. Its lead program, rugonersen (OHB-724), is an investigational antisense oligonucleotide in Phase 3 clinical development for Angelman syndrome, a neurodevelopmental disorder lacking approved disease-modifying therapies. The company operates as a subsidiary of Oak Hill Bio Holdings and was formed in 2024.
July 27 | Cartesian Growth Corp II (RENEF) + InoBatInoBat is a European manufacturer of battery energy storage systems and a cell development platform, based in Slovakia. It designs, manufactures, and deploys utility-scale battery energy storage systems through its BESSMONT product line from its facility in Voderady, targeting industrial and utility customers. The company is involved in partnerships for next-generation cell technology and participates in a gigafactory joint venture to support the European battery supply chain.

SPAC Movers — July 31, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
RESEARCH ALLIANCE CORP III RACC 32.7% $ 21.90 Announced
DIGITAL ASSET ACQUISITION CORP DAAQ 21.9% $ 8.40 Announced
D BORAL ARC ACQUISITION I CORP BCAR 17.1% $ 4.87 Announced
BLUEPORT ACQUISITION LTD BPAC 9.9% $ 9.18 Announced
CO2 ENERGY TRANSITION CORP NOEM 8.5% $ 12.00 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
RISING DRAGON ACQUISITION CORP RDAC -7.5% $ 6.00 Announced
BEST SPAC I ACQUISITION CORP BSAA -7.1% $ 10.66 Announced
BLACK HAWK ACQUISITION CORP BKHA -2.6% $ 11.78 Announced
STONEBRIDGE ACQUISITION II CORP APAC -2.2% $ 10.88 Pre-Deal
EUREKA ACQUISITION CORP EURK -1.6% $ 11.99 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What happened to Keen Vision Acquisition Corporation (KVAC)?
    Keen Vision Acquisition Corporation (KVAC) faces Nasdaq delisting, will trade OTC, and says it will seek a Nasdaq relisting if a future business combination closes.
  • How did Lakeshore Acquisition III Corp’s (LCCC) extension vote finish?
    Lakeshore Acquisition III Corp (LCCC) received extension approval; 5,082,213 shares were redeemed, and its deadline moved to August 1, 2027. The listed target is CPRO Electronics Co.
  • When is Digital Asset Acquisition Corp’s (DAAQ) Old Glory Bank vote now scheduled?
    Digital Asset Acquisition Corp (DAAQ) postponed its shareholder meeting to approve the Old Glory Bank merger to August 14, 2026.
  • How many SPAC IPOs priced in July 2026 through July 31?
    16 SPAC IPOs priced for $3.42B through July 31, 2026, compared with 20 IPOs for $4.32B in the prior-month-to-date period.
  • Which SPAC set an extension vote today?
    Andretti Acquisition Corp II (POLE) set August 28, 2026 for an extension vote.


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 31, 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