SPAC IPO Update — June 23, 2026
1 SPAC IPO priced on June 23, 2026, raising $312M; June MTD now stands at 15 IPOs totaling $3.05B over 23 sessions.
SPAC IPO Count
Month-to-date: 15 IPOs ($3.05B) vs. first 23 days of last month 18 ($2.57B) · 12-mo avg: 16/mo
$ totals include underwriter over-allotment.
Gores Holdings XI Inc. priced its $312M IPO on Nasdaq under GHXI. The SPAC is sponsored by Gores Sponsor XI LLC and aims to leverage its management team’s extensive network and experience to identify and acquire a company with a defensible core business and transformational potential.
Structure: 31.2M units at $10.00 each. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant. Santander US Capital Markets LLC is the lead book-runner.
| Date | Ticker | Issuer | IPO Size | Trust Funding |
|---|---|---|---|---|
| Jun 23 | GHXI | Gores Holdings XI, Inc. | $312M | 100.0% |
| 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% |
Daily SPAC Update — June 23, 2026
SPAC VOTE RESULTS
LIONHEART HOLDINGS (CUB) * Extend to March 20, 20274,503,836 redeemed · $49,001,736 removed · trust $10.88
EXTENSION VOTES
QUARTZSEA ACQUISITION CORP (QSEA)vote June 23, 2026 -> extend from June 19, 2026 to October 19, 2026
SPAC EXTENSIONS
YHN ACQUISITION I LTD (YHNA) * Extension FilingYHN Acquisition I Limited extends SPAC deadline to September 19, 2026 by depositing $150,000 into the trust.
DeSPACs
June 23 | LOKV DeSPAC → Teamshares (TMS)Teamshares acquires businesses with $0.5 to $5 million of EBITDA from retiring owners, aiming to provide a permanent home for these companies. It integrates acquired firms into its platform and facilitates employee stock ownership. Founded in 2019, it operates subsidiaries across over 40 industries and 30 states, with consolidated revenue exceeding $400 million.
SEPARATE WARRANTS/RIGHTS
June 23: QUANTUM LEAP ACQUISITION CORP (QLEP)
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 22: CH4 NATURAL SOLUTIONS CORP (MTNE)
OTHER SPAC NEWS
EUREKA ACQUISITION CORP (EURK) * Merger Agreement AmendmentEureka Amends BCA to revise post-closing SPAC director requirements; terms otherwise unchanged.
GRAF GLOBAL CORP (GRAF) * Media TranscriptBIG3 plans to go public via SPAC with Graf Global at a $290M valuation; interview highlights growth, expansion, and retail access.
LIONHEART HOLDINGS (CUB) * Voting AgreementLionheart extends merger deadline to March 20, 2027; institutional holders agree non-redemption, receive new Class A shares.
SPAC Executive & Director Moves — June 23, 2026
| Company | Ticker | Moves |
|---|---|---|
| REAL ASSET ACQUISITION CORP | RAAQ |
|
SPAC Movers — June 23, 2026
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| FG MERGER II CORP | FGMC | 44.6% | $ 14.89 | Announced |
| JATT II ACQUISITION CORP | TBD | 2.6% | $ 10.75 | Pre-Deal |
| RISING DRAGON ACQUISITION CORP | RDAC | 1.8% | $ 5.80 | Announced |
| IRENIC ACQUISITION CORP | IACQ | 1.3% | $ 10.22 | Pre-Deal |
| VERNAL CAPITAL ACQUISITION CORP | VECA | 1.1% | $ 10.11 | Pre-Deal |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| AIMEI HEALTH TECHNOLOGY CO LTD | AFJK | -11.2% | $ 30.22 | Announced |
| BEST SPAC I ACQUISITION CORP | BSAA | -9.7% | $ 13.05 | Announced |
| GENERAL PURPOSE ACQUISITION CORP | GPAC | -7.8% | $ 10.01 | Pre-Deal |
| CANTOR EQUITY PARTNERS II INC | CEPT | -4.2% | $ 10.64 | Announced |
| BLACK HAWK ACQUISITION CORP | BKHA | -1.9% | $ 11.91 | Announced |
Frequently Asked Questions
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How large was the Gores Holdings XI (GHXI) IPO?Gores Holdings XI (GHXI) priced a $312M IPO on June 23, 2026. Gores Sponsor XI LLC is the sponsor, and Santander US Capital Markets LLC is the lead book-runner.
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How much did Lionheart Holdings (CUB) redeem at its extension vote?Lionheart Holdings (CUB) redeemed 4,503,836 shares, removing $49M from trust at $10.88 per share. The extension was approved, moving the deadline to March 20, 2027.
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How many SPAC IPOs priced in June 2026 through June 23?15 SPAC IPOs priced for $3.05B through June 23, 2026, compared with 18 IPOs for $2.57B over the same span in May 2026.
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What happened with YHN Acquisition I Limited (YHNA)?YHN Acquisition I Limited (YHNA) extended its SPAC deadline to September 19, 2026 via sponsor deposit, a cash contribution to trust rather than a shareholder extension vote.
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What did Eureka Acquisition Corp (EURK) change in its merger agreement?Eureka Acquisition Corp (EURK) amended its business combination agreement to revise post-closing SPAC director requirements; the filing said other terms were unchanged.