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SPACs · Nov 12, 2026

SPAC Market Update November 12, 2026: GPAT Voting Agreement, QETA Deposit Extension, IPXG-Elroy Amendment

GP-Act III Acquisition Corp (GPAT) disclosed a voting agreement on November 12, 2026 in which investors agreed to support deadline extensions and not redeem shares. Separately, Quetta Acquisition Corp (QETA) deposited $5,000 into trust to extend its…

SPAC IPO Update — November 12, 2026

No SPAC IPOs priced on November 12, 2026.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 0•Prior: 6•MoM: -6
10
Nov ’25
22
Dec ’25
24
Jan ’26
27Peak
Feb ’26
11
Mar ’26
16
Apr ’26
20
May ’26
19
Jun ’26
18
Jul ’26
12
Aug ’26
5
Sep ’26
6
Oct ’26
0
Nov ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 0 IPOs ($0.0M) vs. first 12 days of last month 2 ($316M) · 12-mo avg: 16/mo
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Source: Boardroom Alpha

Daily SPAC Update — November 12, 2026

EXTENSION VOTES
GP-ACT III ACQUISITION CORP (GPAT)vote November 12, 2026 -> extend from November 13, 2026 to May 8, 2027

SPAC EXTENSIONS
QUETTA ACQUISITION CORP (QETA) * Extension FilingQuetta Acquisition deposited $5,000 into its trust account, extending its deadline to complete a business combination by one month, through December 10, 2026.

SEPARATE WARRANTS/RIGHTS
November 16: BLUEROCK ACQUISITION CORP II (BRRK)
November 16: SOUTHPORT ACQUISITION CORP II (PORT)
November 13: LIVE OAK ACQUISITION CORP VI (LOVI)
November 10: SPACCIRCLE ACQUISITION CORP (SCQC)
November 9: HAYMAKER ACQUISITION CORP V (HYAC)

OTHER SPAC NEWS
GP-ACT III ACQUISITION CORP (GPAT) * Voting AgreementInvestors agreed not to redeem 2,525,000 shares and to support deadline extensions, in exchange for Sponsor HoldCo transferring 505,000 founder shares after a business combination.
INFLECTION POINT ACQUISITION CORP VII (IPXG) * Merger Agreement AmendmentInflection Point and Elroy Air amended their merger agreement, simplifying share consideration delivery and expanding lock-up requirements for major holders and continuing employees.

SPAC DEALS ANNOUNCED
November 8 | Globa Terra Acquisition Corp (GTERA) + Nature’s Ledger IncNature’s Ledger Inc. is a technology company focused on the tokenization and on-chain trading of real-world assets. It operates blockchain infrastructure and manages asset holdings in sectors such as agriculture, forestry, real estate, and water. The company facilitates the issuance, trading, and financing of these assets.

SPAC Movers — November 12, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
RF ACQUISITION CORP II RFAI 13.5% $ 38.00 Announced
QUETTA ACQUISITION CORP QETA 3.1% $ 11.55 Announced
BLACK HAWK ACQUISITION CORP BKHA 2.8% $ 5.20 Announced
MELAR ACQUISITION CORP I MACI 2.3% $ 8.80 Announced
JATT II ACQUISITION CORP TBD 2.2% $ 10.48 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
RIBBON ACQUISITION CORP RIBB -14.5% $ 7.91 Announced
FUTURE VISION II ACQUISITION CORP FVN -3.1% $ 13.60 Announced
AIMEI HEALTH TECHNOLOGY CO LTD AFJK -1.5% $ 12.21 Pre-Deal
YHN ACQUISITION I LTD YHNA -1.1% $ 11.00 Announced
GALAXYEDGE ACQUISITION CORP GLED -0.9% $ 10.17 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What did GPAT investors agree to on November 12, 2026?
    GP-Act III Acquisition Corp (GPAT) said investors agreed not to redeem 2,525,000 shares and to support deadline extensions, with Sponsor HoldCo transferring 505,000 founder shares after a business combination.
  • How did QETA extend its SPAC deadline?
    Quetta Acquisition Corp (QETA) deposited $5,000 into its trust account, extending its business-combination deadline by one month through December 10, 2026.
  • What changed in the IPXG-Elroy Air merger agreement?
    Inflection Point Acquisition Corp VII (IPXG) and Elroy Air amended their merger agreement to simplify share consideration delivery and expand lock-up requirements for major holders and continuing employees.
  • Which SPAC held an extension vote on November 12, 2026?
    GP-Act III Acquisition Corp (GPAT) held an extension vote to move its deadline from November 13, 2026 to May 8, 2027. No redemption result was listed in the source data.


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Published Nov 12, 2026

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