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

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.

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 Movers — September 14, 2026

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.