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SPACs · Jul 8, 2026

SPAC Market Update July 8, 2026: Freedom Metals Prices $275M IPO, DAAQ and BCAR Votes Set

Freedom Metals Acquisition Corp. (FDMM) priced a $275M SPAC IPO on July 8, 2026, backed by NLC America SPAC 1 LLC and targeting critical minerals and mining. Separately, Translational Development Acquisition Corp (TDAC) moved its ProLogium Holding process…

SPAC IPO Update — July 8, 2026

1 SPAC IPO priced on July 8, 2026, raising $275M; July MTD now stands at 5 IPOs totaling $1.28B over 8 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 5Prior: 19MoM: -14
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
5
Jul ’26
Source: Boardroom Alpha
IPO Activity Snapshot1 SPAC IPO today raising $275M · FDMM ($275M)
Month-to-date: 5 IPOs ($1.28B) vs. first 8 days of last month 6 ($1.18B) · 12-mo avg: 16/mo
$ totals include underwriter over-allotment.
Size
$275M
Ticker
Sponsor
NLC America SPAC 1 LLC

Freedom Metals Acquisition Corp. aims to target companies in the critical minerals and mining sectors, focusing on opportunities that align with supply chain resilience and energy transition. The SPAC is structured to leverage its team’s expertise in navigating public market dynamics and resource development.

Leadership
Bronwyn BarnesDirector
Former Executive Director, President, and CEO of Ivanhoe Atlantic Inc., with extensive board experience in mining and industrial sectors.
Dean CallasDirector
Co-Founder and Managing Director of Next Layer Capital LLC, specializing in M&A and capital raising.
Hugh CallaghanDirector
Founder of Riversdale Mining Limited, with over 30 years in global mining strategy and operations.
Martin ZinnyCFO
Former Head of Corporate Access and Research Sales at Point72, with extensive experience in public and private market investments.
Michael PorterDirector
Founder and Managing Partner of a private investment office, with a background in private equity and M&A.
Peter FinanCEO
Managing Principal of Serus Legal PLLC, advising on mining and infrastructure projects globally.
Quinton Todd HennighDirector
Executive Chairman of Novo Resources Corp., with over 30 years in the mining industry.

Structure: 27.5M units at $10.00 each, with each unit comprising one Class A ordinary share and one-third of one warrant. Cohen & Co is the lead book-runner.

New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jul 08 FDMM Freedom Metals Acquisition Corp. $275M 100.0%
Jul 07 BCCQ Bleichroeder Acquisition Corp. III $300M 100.0%
Jul 02 MIAC MERIDIAN3 INDUSTRIALS ACQUISITION CORP $175M 100.0%
Jul 02 VII VIKING ACQUISITION CORP II $200M  $30M overallotment 100.0%
Jul 01 OSPR OSPREY ACQUISITION CORP III $261M  $39M overallotment 100.0%
Jun 30 AAC ARES ACQUISITION CORP III $345M  $50M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — July 8, 2026

SPAC DEAL & EXTENSION VOTES SET
Digital Asset Acquisition Corp (DAAQ) * DEAL VOTE SET: July 31, 2026 * trust $10.44
D Boral Arc Acquisition I Corp (BCAR) * DEAL VOTE SET: July 29, 2026 * trust $10.51
Lakeshore Acquisition III Corp (LCCC) * EXTENSION VOTE SET: July 27, 2026 * trust $10.44
Co2 Energy Transition Corp (NOEM) * EXTENSION VOTE SET: July 21, 2026 * trust $10.54

SEPARATE WARRANTS/RIGHTS
July 7: ALPEX ACQUISITION CORP (ALPX)
July 6: IRON DOME ACQUISITION I CORP (IDAC)
July 6: PATRIOT ACQUISITION CORP (PTAC)
July 6: BERTO ACQUISITION CORP II (GUAC)

OTHER SPAC NEWS
TRANSLATIONAL DEVELOPMENT ACQUISITION CORP (TDAC) * F-4 FiledProLogium Holding filed Form F-4; Translational Development Acquisition issued a July 6, 2026 press release.

SPAC Executive & Director Moves — July 8, 2026

SPAC Executive & Director Moves
Company Ticker Moves
FOUR LEAF ACQUISITION CORP FORL
  • On July 7, 2026, several directors resigned from and new directors and a CFO were appointed at Four Leaf Acquisition Corporation.  (view source)
GOLDENSTONE ACQUISITION LTD GDST
  • Effective June 2, 2026, Pin Tai and Nan Sun resigned as directors, while Chung Fu Wing and Shangwei Chen were appointed as new directors of Chi Special Acquisition Corp.  (view source)
OSPREY ACQUISITION CORP III OSPRU
  • On June 30, 2026, multiple appointments and a resignation occurred: seven individuals were appointed as Directors and one resigned.  (view source)
VIKING ACQUISITION CORP II VII.U
  • On July 1 and July 6, 2026, several individuals entered into indemnity agreements and were appointed to director roles and committees within the Company, including Håkan Wohlin, Louis Jaffe, Gil Ottensoser, Philipp von Girsewald, Fred Brettschneider, Dr. Josef Ackermann, Yassine Bouhara, and Seth Waugh.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — July 8, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
LEAPFROG ACQUISITION CORP LFAC 32.9% $ 13.37 Pre-Deal
RISING DRAGON ACQUISITION CORP RDAC 16.4% $ 5.76 Announced
PERCEPTIVE CAPITAL SOLUTIONS CORP PCSC 6.2% $ 11.50 Announced
EUREKA ACQUISITION CORP EURK 2.7% $ 11.74 Announced
SILVERBOX CORP IV SBXD 0.8% $ 10.92 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
STONEBRIDGE ACQUISITION II CORP APAC -20.1% $ 9.11 Pre-Deal
SPRING VALLEY ACQUISITION CORP III SVAC -19.6% $ 8.25 Announced
CHURCHILL CAPITAL CORP XI CCXI -7.9% $ 15.86 Announced
SPARK I ACQUISITION CORP SPKL -3.2% $ 12.26 Announced
JATT II ACQUISITION CORP TBD -2.4% $ 12.00 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • How many SPAC IPOs priced in July 2026 through July 8?
    5 SPAC IPOs priced for $1.28B (incl. over-allotment) through July 8, 2026, versus 6 IPOs for $1.18B over the first 8 days of June 2026.
  • Who is in Freedom Metals Acquisition Corp. (FDMM)’s leadership lineup?
    Peter Finan is CEO and Martin Zinny is CFO. Directors include Bronwyn Barnes, Dean Callas, Hugh Callaghan, Michael Porter and Quinton Todd Hennigh.
  • Which deal votes were scheduled today?
    Digital Asset Acquisition Corp (DAAQ) set its deal vote for July 31, 2026. D Boral Arc Acquisition I Corp (BCAR) set its deal vote for July 29, 2026.
  • Which extension votes were scheduled today?
    Lakeshore Acquisition III Corp (LCCC) set its extension vote for July 27, 2026. Co2 Energy Transition Corp (NOEM) set its extension vote for July 21, 2026.
  • What is the status of Translational Development Acquisition Corp (TDAC)’s ProLogium filing?
    ProLogium Holding filed Form F-4, and Translational Development Acquisition Corp (TDAC) issued a July 6, 2026 press release tied to the process.


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Published Jul 8, 2026

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