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SPACs · Sep 14, 2026

SPAC Market Update September 14, 2026: RIBB-DRC Vote Clears, CHPG-Futuremain Deal

Ribbon Acquisition Corp (RIBB) won approval for its DRC Medicine Ltd. merger on September 14, 2026 after 3,429,838 shares were redeemed and $36M was removed from trust. Separately, Championsgate Acquisition Corp (CHPG) announced a merger with Futuremain Co.,…

SPAC IPO Update — September 14, 2026

No SPAC IPOs priced on September 14, 2026; September MTD now stands at 1 IPO totaling $100M over 14 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 1•Prior: 12•MoM: -11
14
Sep ’25
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
1
Sep ’26
Source: Boardroom Alpha
IPO Activity SnapshotMonth-to-date: 1 IPOs ($100M) vs. first 14 days of last month 6 ($950M) · 12-mo avg: 17/mo

Daily SPAC Update — September 14, 2026

SPAC VOTE RESULTS
ATHENA TECHNOLOGY ACQUISITION CORP II (ATEK) * Deal Approved with Ace Green Recycling, Inc.trust $9,029.00
RIBBON ACQUISITION CORP (RIBB) * Deal Approved with DRC Medicine Ltd.3,429,838 redeemed · $36,321,984 removed · trust $10.59

SPAC DEALS ANNOUNCED
September 10 | Arc Group Acquisition I Corp (ARCL) + Firstborn Top Capital Sdn BhdFirstborn Top Capital Sdn Bhd, founded in 2019, is a licensed private financing company based in Malaysia. It provides a range of credit products for individuals, including vehicle financing, property-backed loans, and personal expense financing, as well as corporate financing solutions such as working capital facilities and M&A financing. The company offers a one-working-day credit approval process and features fixed monthly interest rates with flexible loan terms of up to five years.
September 11 | Championsgate Acquisition Corp (CHPG) + Futuremain Co., Ltd.Futuremain Co., Ltd. is an engineering and IT company based in Suwon-si, Republic of Korea. It specializes in safety diagnostics for machinery used in factories, offering services such as machinery diagnostics, vibration analysis, noise assessment, and structural analysis.
September 11 | Aperture Ac (APUR) + Atlantic HPC Group IncAtlantic HPC Group Inc, founded in 2024 and based in Irvine, CA, develops and operates power-intensive bitcoin mining and computing facilities in Oklahoma, Arkansas, and Ohio. It primarily engages in cryptocurrency mining operations, including self-mining and colocation services, generating most of its revenue from bitcoin mining. The company is also expanding into AI infrastructure with its Ohio AI Campus, having secured utility-approved power capacity, pending compliance with utility agreements and necessary infrastructure upgrades.

SPAC DEAL & EXTENSION VOTES SET
Calisa Acquisition Corp (ALIS) * DEAL VOTE SET: October 8, 2026 * trust $10.31

EXTENSION VOTES
YHN ACQUISITION I LTD (YHNA)vote September 14, 2026 -> extend from September 19, 2026 to June 19, 2027

SPAC EXTENSIONS
QUETTA ACQUISITION CORP (QETA) * Extension FilingSPAC deposits $60,000 extension payment to push initial business combination deadline by one month to Oct 10, 2026.

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-09-10: EMCG + Tianji Tire Global

SEPARATE WARRANTS/RIGHTS
September 14: RAINIER ACQUISITION CORP (RNAQ)
September 11: OCEANLIGHT ACQUISITION CORP (OCLT)

OTHER SPAC NEWS
APERTURE AC (APUR) * Investor Deck
COLUMBUS ACQUISITION CORP (COLA) * Trust Update * trust $10.66
COLUMBUS ACQUISITION CORP (COLA) * Vote AdjournedColumbus Acquisition Corp adjourned its EGM and extended the WISeSat merger redemption deadline.
EMBRACE CHANGE ACQUISITION CORP (EMCG) * Deal TerminationTianji terminates the EMCG merger after the outside date; no transaction consummation.
GRAF GLOBAL CORP (TONT) * Media TranscriptIce Cube discusses BIG3’s plan to go public via Graf Global-Halfcourt deal; registration statement to be filed.
NEWHOLD INVESTMENT CORP III (NHIC) * Forward Purchase AgreementNewHold III to merge with newcleo; executes prepaid share forward to bolster cash.

SPAC Executive & Director Moves — September 14, 2026

SPAC Executive & Director Moves
Company Ticker Moves
EQV VENTURES ACQUISITION CORP II EVAC
  • Bryan Summers resigned from the Board of Directors and its Nominating and Compensation Committees effective September 4, 2026. On September 11, 2026, Derek Rush and Marc Peperzak joined the Nominating Committee, Jerome C. Silvey, Jr. became its Chair, and Derek Rush joined and became Chair of the Compensation Committee; these are committee assignments rather than new company or board roles.  (view source)
M EVO GLOBAL ACQUISITION CORP II MEVO
  • Stephen M. Silver resigned immediately as CEO, Chair of the Board, and Director on September 9, 2026. Ashley Zumwalt-Forbes was appointed CEO and Chair of the Board effective the same date while continuing as COO and Director; no new or modified compensation was entered into in connection with her appointment.  (view source)
OCEAN CAPITAL ACQUISITION CORP OCAC
  • Dr. Man Kai (Anthony) Ho resigned as CFO effective September 9, 2026. CEO Kin (Stephen) Sze is temporarily assuming CFO responsibilities while continuing as CEO, pending appointment of a successor.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — September 14, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
GENERAL PURPOSE ACQUISITION CORP GPAC 30.6% $ 10.06 Pre-Deal
COLUMBUS ACQUISITION CORP COLA 27.8% $ 10.61 Announced
VIKING ACQUISITION CORP I VACI 5.5% $ 6.88 Announced
FLAG SHIP ACQUISITION CORP FSHP 1.5% $ 11.55 Pre-Deal
SIM ACQUISITION CORP I SIMA 1.1% $ 11.15 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
RIBBON ACQUISITION CORP RIBB -8.5% $ 10.20 Announced
RF ACQUISITION CORP II RFAI -6.0% $ 30.10 Announced
INFLECTION POINT ACQUISITION CORP V IPEX -5.6% $ 8.10 Announced
RISING DRAGON ACQUISITION CORP RDAC -4.9% $ 5.29 Announced
CHURCHILL CAPITAL CORP XI CCXI -3.8% $ 12.32 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • How much was redeemed from Ribbon Acquisition Corp’s merger vote?
    Ribbon Acquisition Corp (RIBB) reported 3,429,838 shares redeemed, removing $36M from trust at $10.59 per share in connection with its DRC Medicine Ltd. merger approval.
  • What target did Championsgate Acquisition Corp announce?
    Championsgate Acquisition Corp (CHPG) announced a merger with Futuremain Co., Ltd., an engineering and IT company based in Suwon-si, Republic of Korea that specializes in machinery safety diagnostics.
  • How many SPAC IPOs priced in September 2026 through September 14?
    A single SPAC IPO priced for $100M through September 14, 2026, compared with 6 IPOs for $950M over the same first-14-day span in August 2026.
  • Which SPAC set a deal vote in the last 3 days?
    Calisa Acquisition Corp (ALIS) was the only deal vote set in the last 3 days; shareholders are scheduled to vote on October 8, 2026.
  • Which other merger approvals appeared in the vote results?
    Athena Technology Acquisition Corp II (ATEK) approved its merger with Ace Green Recycling, Inc.; RIBB approved its combination with DRC Medicine Ltd.


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Published Sep 14, 2026

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