SPAC IPO Update — November 5, 2026
No SPAC IPOs priced on November 5, 2026.
SPAC IPO Count
| Date | Ticker | Issuer | IPO Size | Trust Funding |
|---|---|---|---|---|
| Oct 29 | BHAI | BHAV ACQUISITION CORP II | $100M | 100.5% |
| Oct 27 | SCQC | SPACCIRCLE ACQUISITION CORP | $100M | 100.5% |
Daily SPAC Update — November 5, 2026
SPAC VOTE RESULTS
STELLAR V CAPITAL CORP (CAYMAN ISLANDS) (SVCC) * Extend to July 31, 2027
SPAC DEALS ANNOUNCED
November 5 | Armada Acquisition Corp III (AACI) + Brains BioceuticalBrains Bioceutical is a pharmaceutical company that develops cannabinoid-based therapeutics. It operates an MHRA-inspected API manufacturing facility in Kent, England, supplying pharmaceutical-grade cannabinoid APIs to healthcare companies in regulated markets. The company focuses on API manufacturing, pharmaceutical development, nutraceuticals, and animal health, and is headquartered in Vancouver, British Columbia.
November 5 | Bhav Acquisition Corp (BHAV) + Nemi CorpNemi Corp is a Physical AI and Manufacturing-as-a-Service company that focuses on transforming the design, engineering, and manufacturing of physical products. It operates manufacturing facilities for enterprise customers in the aerospace, defense, automotive, and industrial sectors. Nemi develops an integrated AI platform to automate the product lifecycle, leveraging its operations to enhance its AI capabilities and improve manufacturing efficiency.
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.
SPAC DEAL & EXTENSION VOTES SET
Crown Proptech Acquisitions (CPTK) * DEAL VOTE SET: November 25, 2026 * trust $12.05
Research Alliance Corp III (RACC) * DEAL VOTE SET: November 24, 2026 * trust $10.03
SPAC EXTENSIONS
VALUENCE MERGER CORP I (VMCAF) * Extension FilingValuence Merger Corp. I extended its business-combination deadline to December 3, 2026, and deposited an additional $13,897.14 into its trust account.
DeSPACs
November 5 | CCXI DeSPAC → Agility Robotics, Inc. (AGLT)Agility Robotics, Inc. develops humanoid robots that operate in warehouses, manufacturing facilities, and distribution centers. These robots handle physically demanding and repetitive tasks, allowing human workers to concentrate on higher-value activities. The company emphasizes safety standards and has accumulated deployment data over several years.
SPAC DEAL TERMINATIONS (Last 10 Days)
2026-10-30: RDAC + HZJL Cayman Limited
OTHER SPAC NEWS
BHAV ACQUISITION CORP (BHAV) * Merger Agreement
BLACK SPADE ACQUISITION III CO (BIII) * Merger Agreement AmendmentBlack Spade III and Astrum amended their merger agreement to allow the combined company to list on either NYSE or Nasdaq, as mutually agreed.
FACT II ACQUISITION CORP (FACT) * Vote PostponedFACT II postponed its shareholder meeting on a proposed extension of its business-combination deadline to November 17, 2026, and extended the redemption-request deadline.
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.
SPAC LISTING RULE NOTICES
BAYVIEW ACQUISITION CORP (BAYA) * Listing Rule NoticeNasdaq will proceed with delisting Bayview Acquisition’s securities after declining further review; the company is pursuing OTC Pink quotation.
CAYSON ACQUISITION CORP (CAPN) * Listing Rule NoticeNasdaq began delisting proceedings after Cayson Acquisition failed to demonstrate its 400-holder minimum; the company appealed and expects to provide supporting documentation.
SPAC LIQUIDATIONS
DYNAMIX CORP (DYNC) -> Liquidation on October 30
SPAC Movers — November 5, 2026
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| RIBBON ACQUISITION CORP | RIBB | 10.7% | $ 7.99 | Announced |
| QUETTA ACQUISITION CORP | QETA | 3.1% | $ 11.55 | Announced |
| LAUNCH ONE ACQUISITION CORP | LPAA | 1.2% | $ 11.02 | Pre-Deal |
| NEWBURY STREET II ACQUISITION CORP | NTWO | 1.2% | $ 11.06 | Announced |
| TCGX ACQUISITION CORP II | TCXB | 1.0% | $ 10.20 | Pre-Deal |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| MELAR ACQUISITION CORP I | MACI | -13.1% | $ 6.77 | Announced |
| CALISA ACQUISITION CORP | ALIS | -5.3% | $ 8.37 | Announced |
| RF ACQUISITION CORP II | RFAI | -3.3% | $ 28.95 | Announced |
| K&F GROWTH ACQUISITION CORP II | KFII | -1.6% | $ 10.68 | Pre-Deal |
| YHN ACQUISITION I LTD | YHNA | -1.1% | $ 11.00 | Announced |
Frequently Asked Questions
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Which SPACs announced mergers on November 5, 2026?
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What does Brains Bioceutical do?Brains Bioceutical develops cannabinoid-based therapeutics and manufactures pharmaceutical-grade cannabinoid APIs from an MHRA-inspected facility in Kent, England.
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What does Nemi Corp do?Nemi Corp is a Physical AI and Manufacturing-as-a-Service company serving aerospace, defense, automotive and industrial customers through manufacturing facilities and an integrated AI platform.
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What happened in the SVCC extension vote?STELLAR V CAPITAL CORP (CAYMAN ISLANDS) (SVCC) received approval to extend its business-combination deadline to July 31, 2027. The structured vote data did not report redeemed shares or dollars removed.