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SPACs · Jun 19, 2026

SPAC Market Update June 19, 2026: TDAC Extension Clears, Papaya Growth Deal Termination Dispute

Translational Development Acquisition Corp (TDAC) won extension approval on June 19, 2026, after $27M was removed from trust, moving the deadline to June 24, 2027. Separately, Papaya Growth and its target PX Energy are in a deal termination dispute.

SPAC IPO Update — June 19, 2026

No SPAC IPOs priced on June 19, 2026; June MTD now stands at 14 IPOs totaling $2.74B over 19 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 14Prior: 20MoM: -6
10
Jun ’25
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
14
Jun ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 14 IPOs ($2.74B) vs. first 19 days of last month 12 ($1.99B) · 12-mo avg: 16/mo
$ totals include underwriter over-allotment.
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jun 18 TVIV Texas Ventures Acquisition IV Corp $150M 100.5%
Jun 18 WLCO Wilco 63 Corp $200M 100.0%
Jun 17 CAES Cantor Equity Partners VII, Inc. $250M  $0M overallotment 100.0%
Jun 16 YICC Yorkville International Capital Corp. $200M  $30M overallotment 100.0%
Jun 10 JAB JAB ACQUISITION CORP I $150M  $23M overallotment 100.0%
Jun 10 SHOT RMG ML SPORTS HOLDINGS $200M  $17M overallotment 100.0%
Jun 09 OCAC OCEAN CAPITAL ACQUISITION CORP $100M  $15M overallotment 100.0%
Jun 09 ISNR SNOW ROTHSCHILD ACQUISITION CORP $200M  $26M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — June 19, 2026

SPAC VOTE RESULTS
TRANSLATIONAL DEVELOPMENT ACQUISITION CORP (TDAC) * Extend to June 24, 20272,598,697 redeemed · $27,806,058 removed · trust $10.70

SPAC DEAL & EXTENSION VOTES SET
Oak Woods Acquisition Corp (OAKU) * EXTENSION VOTE SET: October 8, 2025 * trust $12.62

SPAC EXTENSIONS
BAYVIEW ACQUISITION CORP (BAYA) * Extension FilingBayview Acquisition extends its deadline by one month via a $50,000 trust deposit to July 19, 2026.
PHP VENTURES ACQUISITION CORP (PPHP) * Extension FilingPHP Ventures deposits funds to extend its initial business combination deadline to July 16, 2026.

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-06-12: MBAV + ReserveOne

SEPARATE WARRANTS/RIGHTS
June 22: MOUNTAIN CREST ACQUISITION 6 CORP (MCAH)
June 22: GENERAL CATALYST GLOBAL RESILIENCE MERGER CORP (GCGR)
June 22: KEYSTONE ACQUISITION CORP (KEYY)
June 22: FOREFRONT TECH HOLDINGS ACQUISITION CORP (FTHA)
June 18: IRENIC ACQUISITION CORP (IACQ)
June 17: CHURCHILL CAPITAL CORP XII (CXII)

OTHER SPAC NEWS
DIGITAL ASSET ACQUISITION CORP (DAAQ) * Voting AgreementDAAQ and Old Glory Bank announce a business combination; NRA Investors receive 3.25 non-redemption warrants per unredeemed Class A share.
PAPAYA GROWTH OPPORTUNITY CORP I (PPYA) * Deal Termination DisputeCompany terminates the Business Combination Agreement. SPAC disputes the termination and reserves all rights.
QUARTZSEA ACQUISITION CORP (QSEA) * Vote PostponedQuartzsea postpones its EGM to June 23 and seeks four one-month extensions to consummate a deal, extending the redemption deadline.
TITAN ACQUISITION CORP (TACH) * Media TranscriptOpenPayd to merge with Titan SPAC and list on Nasdaq by Q4. Equity value expected over $1B.

SPAC DEALS ANNOUNCED
June 17 | Silicon Valley Acquisition Corp (SVAQ) + EigenQ IncEigenQ Inc develops and commercializes technologies for the quantum sector, focusing on areas such as quantum security, quantum AI, quantum communications, quantum sensing, and quantum computing. It serves markets including government, defense, critical infrastructure, enterprise, and AI-driven environments. The company employs a mix of proprietary technologies and strategic partnerships to create solutions that address emerging challenges in these sectors.

SPAC Executive & Director Moves — June 19, 2026

SPAC Executive & Director Moves
Company Ticker Moves
M3-BRIGADE ACQUISITION V CORP MBAV
  • Multiple resignations from the Board of Directors and leadership roles occurred on June 18, 2026, along with new appointments for the CEO and CFO roles.  (view source)
Yorkville International Capital Corp.
  • On June 16, 2026, Kevin McGurn, Owen A. May, Mark Hiltwein, and John-Paul Colaco were appointed as directors of the company, with specific committee roles assigned.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — June 19, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
LIVE OAK ACQUISITION CORP V LOKV 14.9% $ 11.32 Announced
FG MERGER II CORP FGMC 6.2% $ 10.30 Announced
JATT II ACQUISITION CORP TBD 2.6% $ 10.75 Pre-Deal
BLACK HAWK ACQUISITION CORP BKHA 1.3% $ 12.14 Announced
VERNAL CAPITAL ACQUISITION CORP VECA 1.1% $ 10.11 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
STONEBRIDGE ACQUISITION II CORP APAC -10.0% $ 10.14 Pre-Deal
CANTOR EQUITY PARTNERS II INC CEPT -6.6% $ 11.11 Announced
QUETTA ACQUISITION CORP QETA -2.3% $ 11.70 Announced
GENERAL PURPOSE ACQUISITION CORP GPAC -2.2% $ 10.86 Pre-Deal
RISING DRAGON ACQUISITION CORP RDAC -2.1% $ 5.70 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • How much was redeemed in the TDAC extension vote?
    Translational Development Acquisition Corp (TDAC) had 2,598,697 shares redeemed, removing $27,806,058 from trust at $10.70 per share. The approved extension moves TDAC‘s deadline to June 24, 2027.
  • What did DAAQ disclose with Old Glory Bank?
    Digital Asset Acquisition Corp (DAAQ) and Old Glory Bank announced a business combination. NRA Investors receive 3.25 non-redemption warrants for each unredeemed Class A share.
  • How many SPAC IPOs priced in June 2026 through June 19?
    14 SPAC IPOs priced for $2.74B through June 19, 2026, compared with 12 IPOs for $1.99B over the first 19 days of May 2026. Totals include underwriter over-allotment.
  • Which SPACs extended deadlines via sponsor deposits today?
    Bayview Acquisition Corp (BAYA) extended its deadline by one month via a $50,000 trust deposit to July 19, 2026. PHP Ventures Acquisition Corp (PPHP) deposited funds to extend its deadline to July 16, 2026.
  • What happened in the PPYA business-combination dispute?
    Papaya Growth Opportunity Corp I (PPYA) disclosed a termination of the Business Combination Agreement. The SPAC disputes the termination and reserved all rights.


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Published Jun 19, 2026

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