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SPACs · Oct 5, 2026

SPAC Market Update October 5, 2026: Piermont Adds $5M PIPE, HCAC $2.1M PIPE, TAVI Sponsor Handoff

Piermont added a $5M PIPE for thier business combination on October 5, 2026. Separately, Hall Chadwick Acquisition Corp (HCAC) inked a $2.1M PIPE tied to its REEcycle merger, and Tavia Acquisition Corp (TAVI) completed a sponsor handoff with new board and…

SPAC IPO Update — October 5, 2026

No SPAC IPOs priced on October 5, 2026; October MTD now stands at 1 IPO totaling $200M over 5 sessions.

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 SnapshotMonth-to-date: 1 IPOs ($200M) vs. first 5 days of last month 1 ($100M) · 12-mo avg: 16/mo
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%
Source: Boardroom Alpha

Daily SPAC Update — October 5, 2026

SPAC DEAL & EXTENSION VOTES SET
Melar Acquisition Corp I (MACI) * DEAL VOTE SET: October 22, 2026 * trust $11.06
Bold Eagle Acquisition Corp (BEAG) * EXTENSION VOTE SET: October 20, 2026 * trust $10.70
Oaktree Acquisition Corp III Life Sciences (OACC) * EXTENSION VOTE SET: October 16, 2026 * trust $10.75
Chain Bridge I (CBRRF) * EXTENSION VOTE SET: November 2, 2026 * trust $12.65

EXTENSION VOTES
ALDEL FINANCIAL II INC (ALDF)vote October 5, 2026 -> extend from October 23, 2026 to January 23, 2028

SEPARATE WARRANTS/RIGHTS
October 5: THUNDER BRIDGE CAPITAL PARTNERS V LTD (TBCV)
October 5: INFLECTION POINT ACQUISITION CORP VIII (IPHX)

OTHER SPAC NEWS
PIERMONT * PIPE UpdatePiermont signs a $5 million PIPE to fund the Business Combination, issuing 5,000 Series A Preferred Shares in two closings.
HALL CHADWICK ACQUISITION CORP (HCAC) * PIPE UpdateHCAC inks PIPE to raise $2.1M (210k shares at $10) contingent on REEcycle merger closing, with potential dilution.
SIM ACQUISITION CORP I (SIMA) * Binding LOISIM to acquire AIT; binding LOI contemplates ~50M SIM shares; Chiorando to serve as CEO and Chairman.
SPARK I ACQUISITION CORP (SPKL) * Investor Deck
SPARK I ACQUISITION CORP (SPKL) * Redemption Update * 609,668 redeemed * trust $11.68SPAC extends deadline to 3/29/2027; redemptions reduce trust by about $7.1M, leaving roughly $19M.
TAVIA ACQUISITION CORP (TAVI) * New SponsorNew Sponsor completed SPAC sponsorship handover and appointed a new Board and executive leadership; ongoing funding obligations assumed.

SPAC LISTING RULE NOTICES
SPARK I ACQUISITION CORP (SPKL) * Listing Rule NoticeNasdaq delists Spark I for missing the initial business combination deadline; trading to move to OTC Pink while pursuing ZincFive merger.

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

SPAC Executive & Director Moves — October 5, 2026

SPAC Executive & Director Moves
Company Ticker Moves
HALL CHADWICK ACQUISITION CORP HCAC
  • The text identifies proposed leadership and board composition for the combined company, including Christine O’Brien and Greg Woszczalski as HCAC nominees who would join the board only upon closing of the Business Combination. It also describes existing REEcycle executives and directors, but does not disclose new effective appointments for them in the provided text.  (view source)
TAVIA ACQUISITION CORP TAVI
  • The filing discloses the September 28, 2026 resignations of directors Christophe Charlier, Marsha Kutkevitch, and Darrell Mays; the October 1, 2026 resignation of director Askar Mametov; and appointments effective October 1-2, 2026 of Andrew Wiederhorn, Peter Feinstein, Donald Berchtold, Christopher DeWolfe, Matthew Green, and Kenneth Kuick to director and executive roles. Kanat Mynzhanov and the New Sponsor are mentioned, but no specific people move for Mynzhanov or the New Sponsor is disclosed.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — October 5, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
ARMADA ACQUISITION CORP II XPRN 68.2% $ 39.42 Announced
TCGX ACQUISITION CORP TCGX 4.1% $ 12.75 Pre-Deal
CHURCHILL CAPITAL CORP XI CCXI 3.2% $ 11.99 Announced
SILVERBOX CORP IV SBXD 2.6% $ 11.39 Announced
RISING DRAGON ACQUISITION CORP RDAC 2.0% $ 5.50 Announced
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
FUTURE VISION II ACQUISITION CORP FVN -16.6% $ 8.01 Announced
RIBBON ACQUISITION CORP RIBB -5.2% $ 7.96 Announced
RESEARCH ALLIANCE CORP IV RACD -5.1% $ 11.50 Pre-Deal
AIMEI HEALTH TECHNOLOGY CO LTD AFJK -3.8% $ 12.11 Pre-Deal
JATT III ACQUISITION CORP JTTT -1.8% $ 10.65 Pre-Deal
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What PIPE did CMCAF add for the Piermont combination?
    Capitalworks Emerging Markets Acquisition Corp (CMCAF) reported a $5M PIPE tied to Piermont, with preferred-share financing expected to fund the business combination.
  • What changed at Tavia Acquisition Corp?
    Tavia Acquisition Corp (TAVI) completed a sponsor handover and appointed new board and executive leadership effective October 1 and October 2, 2026; the new sponsor assumed ongoing funding obligations.
  • How many SPAC IPOs priced in October 2026 through October 5?
    One SPAC IPO priced for $200M through October 5, 2026, compared with one IPO for $100M over the same five-day span in September 2026.
  • Which SPAC set the only deal vote in the last 3 days?
    Melar Acquisition Corp I (MACI) set an October 22, 2026 deal vote. Extension votes were set for Bold Eagle Acquisition Corp (BEAG), Oaktree Acquisition Corp III Life Sciences (OACC), and Chain Bridge I (CBRRF).
  • What happened at Aldel Financial II’s extension vote?
    Aldel Financial II Inc (ALDF) held an October 5, 2026 extension vote to move its deadline from October 23, 2026 to January 23, 2028; no redemption figure was provided.


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Published Oct 5, 2026

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