SPAC IPO Update — October 12, 2026
No SPAC IPOs priced on October 12, 2026; October MTD now stands at 2 IPOs totaling $310M over 12 sessions.
SPAC IPO Count
$ totals include underwriter over-allotment.
| Date | Ticker | Issuer | IPO Size | Trust Funding |
|---|---|---|---|---|
| Oct 06 | PAXG | PINE TREE ACQUISITION CORP | $100M | 100.0% |
Daily SPAC Update — October 12, 2026
SPAC VOTE RESULTS
ALDEL FINANCIAL II INC (ALDF) * Extend to January 23, 202819,690,019 redeemed
LAUNCH TWO ACQUISITION CORP (LPBB) * Extend to April 9, 202718,322,071 redeemed · $198,611,250 removed · trust $10.84
SPAC DEALS ANNOUNCED
October 9 | Quantumsphere Acquisition Corp (QUMS) + Fortune Favor Technology IncFortune Favor Technology Inc. provides technology consulting services and solutions for medical cold-chain transportation through its subsidiaries. It offers design, sourcing, supply chain, and application support for temperature-sensitive products. The company serves medical terminals, distributors, and operators with both standard and customized solutions.
October 9 | Gigcapital8 Corp (GIW) + Quantisimo CorpQuantisimo Corp is developing a sovereign quantum vertical platform focused on integrating various quantum technologies, including cryptographic roots of trust, post-quantum security, and quantum networking. It plans to build an initial portfolio that includes interests in Miraex SA, SEALCOIN AG, WeCan Group SA, and WISeSat.Space Holdings Corp. The company aims to expand its quantum capabilities through technology development, strategic investments, and acquisitions.
October 8 | Pioneer Acquisition I Corp (PACH) + Green AI Cloud IncGreen AI Cloud Inc is a European Cloud Service Provider that offers Super Compute AI for large AI models. It operates in Sweden, leveraging access to green energy, carbon offset facilities, and data center infrastructure to provide cost-efficient and sustainable cloud services.
October 8 | Digital Asset Acquisition Corp (DAAQ) + About Titan Strategics ASTitan Strategics AS holds exploration licenses for Ranstad, Sweden’s largest former uranium mine, and approximately 207 km² of the surrounding Billingen uranium district. It aims to define a modern S-K 1300 Mineral Resource at Billingen and develop a European nuclear fuel platform to reduce Europe’s reliance on imported uranium.
October 7 | Charlton Aria Acquisition Corp (CHAR) + KQC Quantum IncKQC Quantum Inc. is the Delaware parent company of Korea Quantum Computing Co., Ltd., founded in 2021 and based in Busan, South Korea, with an office in Seoul. It assists enterprises in implementing quantum computing and quantum-safe security solutions. Its Qubiteer platform leverages AI to address business challenges using classical, quantum, or hybrid methods, while also providing access to various quantum technologies and integrating post-quantum cryptography products for customers in the financial, industrial, and public sectors.
SPAC DEAL & EXTENSION VOTES SET
Newbury Street II Acquisition Corp (NTWO) * EXTENSION VOTE SET: October 28, 2026 * trust $10.83
DeSPACs
October 12 | XPRN DeSPAC → Evernorth Holdings Inc. (XRPN)Evernorth Holdings Inc. will operate as a publicly traded digital asset treasury, offering investors exposure to XRP. It plans to actively grow its XRP per share using a combination of institutional and decentralized finance yield strategies, ecosystem participation, and capital markets activities. The structure aims to provide a regulated, liquid, and transparent investment option.
OTHER SPAC NEWS
CHURCHILL CAPITAL CORP XI (CCXI) * Media TranscriptAgility previews Digit 5 launch, $300M in Digit 5 orders, and a Churchill SPAC go-public to fund scale.
IRON HORSE ACQUISITION II CORP (IRHO) * Investor Deck
STARRY SEA ACQUISITION CORP (SSEA) * Vote PostponedStarry Sea Acquisition postpones the Extraordinary General Meeting to Oct 19, 2026 and extends redemption deadline to Oct 15, 2026.
SPAC Executive & Director Moves — October 12, 2026
| Company | Ticker | Moves |
|---|---|---|
| PLUM ACQUISITION CORP IV | PLMK |
|
SPAC Movers — October 12, 2026
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| QUETTA ACQUISITION CORP | QETA | 41.5% | $ 16.41 | Announced |
| TCGX ACQUISITION CORP | TCGX | 4.0% | $ 12.51 | Pre-Deal |
| CALISA ACQUISITION CORP | ALIS | 3.8% | $ 10.07 | Announced |
| SILVERBOX CORP IV | SBXD | 2.6% | $ 11.39 | Announced |
| CHURCHILL CAPITAL CORP XIII | XIII | 1.2% | $ 10.34 | Pre-Deal |
| Company | Ticker | Change | Price | Stage |
|---|---|---|---|---|
| BLACK HAWK ACQUISITION CORP | BKHA | -6.5% | $ 11.53 | Announced |
| SIM ACQUISITION CORP I | SIMA | -4.5% | $ 10.98 | Pre-Deal |
| BEST SPAC I ACQUISITION CORP | BSAA | -1.6% | $ 11.00 | Announced |
| FUTURE VISION II ACQUISITION CORP | FVN | -1.2% | $ 8.73 | Announced |
| RESEARCH ALLIANCE CORP III | RACC | -1.2% | $ 10.18 | Announced |
Frequently Asked Questions
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How much was redeemed from Launch Two Acquisition Corp’s extension vote?Launch Two Acquisition Corp (LPBB) had 18,322,071 shares redeemed, removing $198,611,250 from trust at $10.84 per share; shareholders approved extending the deadline to April 9, 2027.
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What happened at Aldel Financial II Inc’s extension vote?Aldel Financial II Inc (ALDF) won extension approval to January 23, 2028, with 19,690,019 shares redeemed. The filing did not provide a dollar amount removed from trust.
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How many SPAC IPOs priced in October 2026 through October 12?2 SPAC IPOs priced for $310M through October 12, 2026, compared with 1 IPO for $100M over the same span in September 2026. October’s total includes $10M of over-allotment.
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When is Newbury Street II Acquisition Corp’s extension vote scheduled?Newbury Street II Acquisition Corp (NTWO) set an extension vote for October 28, 2026.
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Which DeSPAC completed on October 12, 2026?Evernorth Holdings Inc. (XRPN) began trading after the XPRN DeSPAC; the company describes itself as a digital asset treasury offering exposure to XRP.