SPAC Market Update November 3, 2026: CCXI-Agility Approval After $262M Redemptions

SPAC IPO Update — November 3, 2026

No SPAC IPOs priced on November 3, 2026.

Daily SPAC Update — November 3, 2026

SPAC VOTE RESULTS
CACTUS ACQUISITION CORP 1 LTD (CCTSF) * Extend to November 2, 202744,384 redeemed · $560,570 removed · trust $12.63
CHURCHILL CAPITAL CORP XI (CCXI) * Deal Approved with Agility Robotics, Inc.25,451,804 redeemed · $261,831,972 removed · trust $10.29

SPAC DEALS ANNOUNCED
November 2 | Northstrive Acquisition Corp I (NSAI) + Nuclea Energy Inc.Nuclea Energy Inc., based in Mississauga, Ontario, develops advanced nuclear technologies, focusing on clean energy solutions. Its primary product is the Morpheus Micro Modular Reactor (MMR), which is a transportable, factory-built reactor system. The company is pursuing a closed nuclear fuel cycle business through its acquisition of Moltex, integrating its WATSS spent nuclear fuel recycling process with various reactor designs to promote sustainable waste recycling and zero-emission power generation.
November 2 | Fg Imperii Acquisition Corp (FGII) + tZERO Group, Inc.tZERO Group, Inc. focuses on tokenizing financial markets by providing financial infrastructure-as-a-service (IaaS) to institutional market participants. Its SEC- and CFTC-registered subsidiaries enable institutions to offer digital market capabilities without developing their own regulatory and technology frameworks. The company operates through B2B and B2B2C partnership models, allowing institutions to customize the visibility of its services while tZERO manages the regulatory and operational aspects.
October 30 | Starlink Ai Acquisition Corp (OTAI) + Spider Digital Technology LtdSpider Digital Technology Ltd is a technology company based in Singapore that focuses on blockchain research and ecosystem development. It operates its own proprietary cryptocurrency mining pool system and maintains independent block generation capabilities. The company does not share control rights or hashrate scheduling authority with third parties, enabling it to oversee pool operations, technology development, and resource allocation directly.

SPAC EXTENSIONS
KEEN VISION ACQUISITION CORP (KVACF) * Extension FilingKeen Vision extended its business-combination deadline to January 27, 2027, using a $30,000 sponsor-funded trust deposit under a convertible, non-interest-bearing note.

OTHER SPAC NEWS
FG IMPERII ACQUISITION CORP (FGII) * Merger Agreement
FG IMPERII ACQUISITION CORP (FGII) * Investor Deck
FG IMPERII ACQUISITION CORP (FGII) * Media TranscripttZERO agreed to a $350 million SPAC merger with FG Imperii, targeting a NYSE American listing in early 2027, subject to approvals.
GRAF GLOBAL CORP (TONT) * Media TranscriptIce Cube said BIG3’s SPAC merger could close by year-end or early 2027, and outlined plans to use capital to expand media, international, and youth operations.
IRON HORSE ACQUISITION II CORP (IRHO) * Investor Deck
NORTHSTRIVE ACQUISITION CORP I (NSAI) * Merger Agreement
STARLINK AI ACQUISITION CORP (OTAI) * Merger Agreement

SPAC LISTING RULE NOTICES
RIBBON ACQUISITION CORP (RIBB) * Listing Rule NoticeNasdaq warned Ribbon Acquisition that its market value has fallen below the continued-listing threshold; the company has until April 28, 2027 to regain compliance.

SPAC LIQUIDATIONS
DYNAMIX CORP (DYNC) -> Liquidation on October 30

SPAC Movers — November 3, 2026

Frequently Asked Questions

• What happened in the Churchill Capital Corp XI (CCXI) vote on Agility Robotics, Inc.?
  Churchill Capital Corp XI (CCXI) approved its combination with Agility Robotics, Inc., with 25,451,804 shares redeemed and $262M removed from trust.
• How much came out of trust in the Cactus Acquisition Corp 1 Ltd (CCTSF) extension vote?
  Cactus Acquisition Corp 1 Ltd (CCTSF) recorded 44,384 shares redeemed and $560,570 removed from trust, and its deadline extended to November 2, 2027.
• Which SPAC merger announcements appeared over the last five days?
  Three SPAC merger announcements appeared over the last five days: Northstrive Acquisition Corp I (NSAI) with Nuclea Energy Inc., Fg Imperii Acquisition Corp (FGII) with tZERO Group, Inc., and Starlink Ai Acquisition Corp (OTAI) with Spider Digital Technology Ltd.