SPAC Market Update November 4, 2026: NTWO Extension Passes After $154M Redemptions

SPAC IPO Update — November 4, 2026

No SPAC IPOs priced on November 4, 2026.

Daily SPAC Update — November 4, 2026

SPAC VOTE RESULTS
NEWBURY STREET II ACQUISITION CORP (NTWO) * Extend to February 4, 202714,203,466 redeemed · $154,107,606 removed · trust $10.85

SPAC DEALS ANNOUNCED
November 3 | Gp-Act III Acquisition Corp (GPAT) + Dronamics Group LimitedDronamics Group Limited designs and manufactures unmanned aircraft systems for cargo logistics, national security, critical minerals exploration, and sovereign aerospace. Founded in 2014 and based in Sofia, Bulgaria, it operates a vertically integrated model that includes research and development, manufacturing, aircraft leasing, and airline operations.
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.

EXTENSION VOTES
K&F GROWTH ACQUISITION CORP II (KFII)vote November 3, 2026 -> extend from November 6, 2026 to August 6, 2027

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-10-30: RDAC + HZJL Cayman Limited

OTHER SPAC NEWS
GP-ACT III ACQUISITION CORP (GPAT) * Merger Agreement
GP-ACT III ACQUISITION CORP (GPAT) * Investor Deck
LAKE SUPERIOR ACQUISITION CORP (LKSP) * Merger Agreement AmendmentLake Superior amended its merger agreement with Openmarkets, changing transaction sequencing and Pubco ownership structure while extending the outside date to March 31, 2027.
RISING DRAGON ACQUISITION CORP (RDAC) * Deal TerminationRising Dragon and HZJL mutually terminated their proposed business combination; the SPAC will continue seeking another target.
STARLINK AI ACQUISITION CORP (OTAI) * Merger Agreement
TITAN ACQUISITION CORP (TACH) * Investor Deck

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

SPAC Movers — November 4, 2026

Frequently Asked Questions

• How much was redeemed in the Newbury Street II Acquisition Corp extension vote?
  Newbury Street II Acquisition Corp (NTWO) had 14,203,466 shares redeemed, removing $154M from trust at a $10.85 trust-per-share value.
• What deadline did NTWO receive after the extension vote?
  NTWO received approval to extend its deadline to February 4, 2027. It was the only extension vote held today.
• What changed in Lake Superior Acquisition Corp’s Openmarkets merger agreement?
  Lake Superior Acquisition Corp (LKSP) amended its Openmarkets merger agreement, changing transaction sequencing and Pubco ownership structure while extending the outside date to March 31, 2027.
• How many SPAC deals were announced over the last 5 days?
  Four SPAC deals were announced over the last 5 days, including GP-ACT III Acquisition Corp (GPAT) with Dronamics Group Limited and Northstrive Acquisition Corp I (NSAI) with Nuclea Energy Inc.