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SPACs · Oct 1, 2026

SPAC Market Update October 1, 2026: PORT Prices $200M IPO

Southport Acquisition Corp. II (PORT) priced a $200M SPAC IPO on October 1, 2026, with 101.0% initial trust funding. The Southport Acquisition Sponsor II LLC vehicle targets enterprise AI applications, AI data security, and healthcare AI.

SPAC IPO Update — October 1, 2026

1 SPAC IPO priced on October 1, 2026, raising $200M; October MTD now stands at 1 IPO totaling $200M over 1 session.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 1•Prior: 5•MoM: -4
14
Oct ’25
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
1
Oct ’26
Source: Boardroom Alpha
IPO Activity Snapshot1 SPAC IPO today raising $200M · PORT ($200M)
Month-to-date: 1 IPOs ($200M) vs. first day of last month 1 ($100M) · 12-mo avg: 16/mo
Size
$200M
Ticker
Sponsor
Southport Acquisition Sponsor II LLC

Southport Acquisition Corp. II, led by Southport Acquisition Sponsor II LLC, is targeting the artificial intelligence sector, with a focus on enterprise AI applications, AI data security, and healthcare AI. The company emphasizes its deep software and AI expertise and extensive sourcing network.

Leadership
David WinfieldDirector
Former MLB player and advisor to the Major League Baseball Players Association; served on the board of Southport Acquisition Corporation.
Gates Cathleen SchreinerDirector
Former CEO of SimpleNexus and EVP of Sales and Marketing at Ellie Mae; over 30 years in enterprise software/SaaS.
Jared StoneDirector
Managing Partner of Entrada Legacy Partners; co-founder of Northgate Capital with over 27 years of investment experience.
Jeb S SpencerCEO, CFO, Director
Co-founder of TVC Capital; led investments in SimpleNexus and Ellie Mae, with extensive experience in software company exits.
John AslanianDirector
Chief Revenue Officer of FirstClose; nearly 30 years in mortgage technology SaaS and ERP software industries.
Matthew HansenDirector
Founded SimpleNexus and served as CEO until its acquisition by nCino; over 20 years in enterprise software.
Robert A KatzDirector
Co-founder of Pathmind Labs and TripnetX; former EVP of Strategy at Ziply Fiber, with a focus on AI and business strategy.

Structure: 20M units at $10.00 each, consisting of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant allows purchase of one share at $11.50.

New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Oct 01 PORT Southport Acquisition Corp. II $200M 101.0%
Sep 25 BRRK BLUEROCK ACQUISITION CORP II $150M  $23M overallotment 100.5%
Sep 23 LOVI LIVE OAK ACQUISITION CORP VI $200M  $30M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — October 1, 2026

SPAC VOTE RESULTS
INVESTCORP EUROPE ACQUISITION CORP I (IVCBF) * Extend to December 17, 20291,801,349 redeemed · $22,228,647 removed · trust $12.34
IB ACQUISITION CORP (IBAC) * Extend to March 28, 2027117,386 redeemed · $1,287,724 removed · trust $10.97

SPAC DEAL & EXTENSION VOTES SET
Healthcare Ai Acquisition Corp (HAIA) * EXTENSION VOTE SET: October 13, 2026 * trust $14.26

EXTENSION VOTES
DT CLOUD STAR ACQUISITION CORP (DTSQ)vote October 1 , 2026 -> extend to October 26, 2027

SEPARATE WARRANTS/RIGHTS
October 5: INFLECTION POINT ACQUISITION CORP VIII (IPHX)

OTHER SPAC NEWS
APERTURE AC (APUR) * Investor Deck
OCEANLIGHT ACQUISITION CORP (OCLT) * Merger Agreement
SIZZLE ACQUISITION CORP II (SZZL) * Merger Agreement AmendmentAmendment extends PCAOB audit date and establishes five-member Pubco board (1 by Sizzle II, 4 by Company); formation timing waived.

SPAC LIQUIDATIONS
METAL SKY STAR ACQUISITION CORP (MSSAF) -> Liquidation on October 2

SPAC DEALS ANNOUNCED
September 28 | Proem Acquisition Corp I (PAAC) + ASTRO DIGITAL US, INC.ASTRO DIGITAL US, INC. provides infrastructure for space constellations by designing, manufacturing, launching, and operating mission-configurable satellites. It serves commercial, civil, and defense customers, collaborating with constellation operators from initial spacecraft development to large-scale production. Headquartered in Denver, Colorado, the company also has operations in California and Australia and has worked with over 30 customers across 16 mission types since 2018.
September 28 | Bold Eagle Acquisition Corp (BEAG) + REDLatticeREDLattice is a U.S.-based defense technology company that serves the global intelligence community, law enforcement, and military sectors. It specializes in digital access solutions and cyber capabilities, offering technical and engineering expertise to its customers.
September 28 | Harvard Ave Acquisition Corp (HAVA) + OAG International LtdOAG International Ltd provides specialized pipeline construction and integrity services for onshore and offshore energy infrastructure. Founded in 1999, it has completed over 200 projects in more than 27 countries for around 40 clients, including major pipeline contractors and energy companies. Its services include field joint coating, welding, and Non-Destructive Testing, with a focus on offshore field joint coating, which requires high reliability and quality assurance. OAG aims to expand its geographic presence and develop proprietary technologies within the pipeline construction and integrity sector.
September 28 | Oceanlight Acquisition Corp (OCLT) + AIRE IncAIRE Inc is a home textile and green sleep technology company focused on developing and commercializing environmentally friendly advanced materials. It aims to provide customers with sleep solutions while prioritizing ecological sustainability.
September 28 | Futurewave Acquisition Corp (FWAC) + Olympian Group IncOlympian Group Inc. is a Cayman Islands exempted holding company for HK Shang Ge Industrial Limited. It operates through its wholly owned subsidiary in Hong Kong, providing vertically oriented integrated chip and electronic component solutions. The company focuses on supply chain management, product solutions, and value-added services aimed at customer fulfillment.

SPAC Movers — October 1, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
ARMADA ACQUISITION CORP II XPRN 27.1% $ 16.40 Announced
VIKING ACQUISITION CORP I VACI 7.0% $ 7.00 Announced
RISING DRAGON ACQUISITION CORP RDAC 4.0% $ 5.43 Announced
SILVERBOX CORP IV SBXD 2.6% $ 11.39 Announced
JATT III ACQUISITION CORP JTTT 1.3% $ 11.02 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
COLUMBUS ACQUISITION CORP COLA -30.1% $ 7.30 Announced
TCGX ACQUISITION CORP TCGX -6.4% $ 12.51 Pre-Deal
CHURCHILL CAPITAL CORP XI CCXI -5.8% $ 11.62 Announced
RF ACQUISITION CORP II RFAI -4.7% $ 37.55 Announced
IB ACQUISITION CORP IBAC -1.7% $ 10.91 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • How many SPAC IPOs priced in October 2026 through October 1?
    Southport Acquisition Corp. II (PORT) was the October-to-date IPO, raising $200M through October 1, 2026, compared with one IPO for $100M over the same span in September 2026.
  • Who leads Southport Acquisition Corp. II?
    Southport Acquisition Corp. II (PORT) lists Jeb S Spencer as CEO, CFO and director, with David Winfield, Cathleen Schreiner, Jared Stone, John Aslanian, Matthew Hansen and Robert A Katz as directors.
  • How much was redeemed from IVCBF‘s extension vote?
    INVESTCORP EUROPE ACQUISITION CORP I (IVCBF) had 1,801,349 shares redeemed and $22,228,647 removed from trust, extending its deadline to December 17, 2029.
  • What happened in IBAC‘s extension vote?
    IB Acquisition Corp (IBAC) approved an extension to March 28, 2027 after 117,386 shares were redeemed and $1,287,724 was removed from trust; the record lists GNQ Insilico Inc. as its target.
  • When is Healthcare Ai Acquisition Corp’s extension vote scheduled?
    Healthcare Ai Acquisition Corp (HAIA) set October 13, 2026 for its extension vote.


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Published Oct 1, 2026

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