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SPACs · Nov 9, 2026

SPAC Market Update November 9, 2026: KFII Extension Passes After $240M Redemptions, PONO Cuts Blackstar Deal

K&F Growth Acquisition Corp II (KFII) shareholders approved an extension to August 6, 2027 on November 6, 2026 after $240M was redeemed from trust. Separately, Pono Capital Four Inc (PONO) and Blackstar cut their merger’s base purchase price to $200 million…

SPAC IPO Update — November 9, 2026

No SPAC IPOs priced on November 9, 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 9 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 9, 2026

SPAC VOTE RESULTS
K&F GROWTH ACQUISITION CORP II (KFII) * Extend to August 6, 202722,305,639 redeemed · $239,785,619 removed · trust $10.75
CHAIN BRIDGE I (CBRRF) * Extend to November 15, 202756,262 redeemed

SPAC DEAL & EXTENSION VOTES SET
Inflection Point Acquisition Corp VII (IPXG) * DEAL VOTE SET: November 25, 2026 * trust $10.26
Nmp Acquisition Corp (NMP) * EXTENSION VOTE SET: December 8, 2026 * trust $10.48

EXTENSION VOTES
GLOBA TERRA ACQUISITION CORP (GTERA)vote November 9, 2026 -> extend from October 9, 2026 to July 9, 2027

SPAC EXTENSIONS
STARRY SEA ACQUISITION CORP (SSEA) * Extension FilingSuperiorMed Healthcare lent SSEA $60,000 to extend its business-combination deadline by one month, to December 7, 2026.

SEPARATE WARRANTS/RIGHTS
November 10: SPACCIRCLE ACQUISITION CORP (SCQC)
November 6: LEADER’S ADVANTAGE ACQUISITION CORP (LEDR)

OTHER SPAC NEWS
FACT II ACQUISITION CORP (FACT) * Voting AgreementFACT II seeks shareholder approval to extend its business-combination deadline to November 25, 2027 and plans incentives for shareholders who forgo redemptions.
PONO CAPITAL FOUR INC (PONO) * Merger Agreement AmendmentPono and Blackstar cut the merger’s base purchase price to $200 million, expanded equity-plan shares, and extended the closing deadline to June 30, 2027.

SPAC LISTING RULE NOTICES
FIFTH ERA ACQUISITION CORP I (FERA) * Listing Rule NoticeNasdaq granted Fifth Era Acquisition Corp. I until March 15, 2027, to demonstrate at least 400 holders of its Class A ordinary shares.
FUTURE VISION II ACQUISITION CORP (FVN) * Listing Rule NoticeFuture Vision II Acquisition Corp. regained Nasdaq compliance with the minimum public holders requirement, and Nasdaq closed the matter.

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.

SPAC Executive & Director Moves — November 9, 2026

SPAC Executive & Director Moves
Company Ticker Moves
D BORAL ACQUISITION I CORP DBCA
  • Benjamin Piggott resigned as a director effective September 23, 2026. Kevin McGurn and Luisa Ingargiola were appointed to the Audit Committee and Compensation Committee, respectively; McGurn also became Compensation Committee chair and was reassigned from Class I to Class II.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — November 9, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
BLACK HAWK ACQUISITION CORP BKHA 25.1% $ 5.63 Announced
RF ACQUISITION CORP II RFAI 15.4% $ 34.49 Announced
MELAR ACQUISITION CORP I MACI 9.8% $ 7.61 Announced
RIBBON ACQUISITION CORP RIBB 6.5% $ 8.00 Announced
STELLAR V CAPITAL CORP (CAYMAN ISLANDS) SVCC 5.1% $ 11.21 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
ASPAC III ACQUISITION CORP ASPC -1.9% $ 10.26 Announced
K&F GROWTH ACQUISITION CORP II KFII -1.1% $ 10.57 Pre-Deal
YHN ACQUISITION I LTD YHNA -1.1% $ 11.00 Announced
FRAZIER LIFE SCIENCES ACQUISITION CORP II FLSC -0.6% $ 10.15 Pre-Deal
THUNDER BRIDGE CAPITAL PARTNERS V LTD TBCV -0.5% $ 9.74 Pre-Deal
Source: Boardroom Alpha market data

Frequently Asked Questions

  • How much did KFII investors redeem at the extension vote?
    K&F Growth Acquisition Corp II (KFII) had 22,305,639 shares redeemed, removing $239,785,619 from trust at $10.75 per share.
  • What deadline did KFII shareholders approve?
    KFII shareholders approved an extension of the SPAC’s business-combination deadline to August 6, 2027.
  • What happened in Chain Bridge I’s extension vote?
    Chain Bridge I (CBRRF) shareholders approved an extension to November 15, 2027, with 56,262 shares redeemed.
  • Which deal vote was scheduled in the last 3 days?
    Inflection Point Acquisition Corp VII (IPXG) set a deal vote for November 25, 2026.
  • What did PONO change in its Blackstar merger agreement?
    Pono Capital Four Inc (PONO) and Blackstar cut the merger’s base purchase price to $200 million, expanded equity-plan shares, and extended the closing deadline to June 30, 2027.


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Published Nov 9, 2026

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