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SPACs · Sep 2, 2026

SPAC Market Update September 2, 2026: QUMS-SACH Merger Termination

QUMS and SACH Pte. Ltd. terminated their merger on September 1, 2026, marking the only SPAC deal termination today. Separately, Three Lions Acquisition Corp. (TLAC) was the sole September SPAC IPO through September 2 after pricing a $100M offering on…

SPAC IPO Update — September 2, 2026

No SPAC IPOs priced on September 2, 2026; September MTD now stands at 1 IPO totaling $100M over 2 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) · 12-mo avg: 17/mo
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Sep 01 TLAC Three Lions Acquisition Corp. $100M 100.5%
Aug 28 IPHX Inflection Point Acquisition Corp. VIII $250M 100.0%
Aug 27 RNAQ Rainier Acquisition Corp $75M 100.0%
Aug 26 JTTT JATT III ACQUISITION CORP $60M 100.0%
Aug 26 SCAT SOUTHERN CROSS ACQUISITION II CORP $75M  $2M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — September 2, 2026

SPAC DEAL TERMINATIONS (Last 10 Days)
2026-09-01: QUMS + SACH Pte. Ltd.

SEPARATE WARRANTS/RIGHTS
September 3: JONES VENTURES INTL ACQUISITION1 CORP (JONE)
September 2: NORTHSTRIVE ACQUISITION CORP I (NSAI)
August 31: SAMOS ENERGY ACQUISITION CORP (SAMO)

SPAC Movers — September 2, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
TWELVE SEAS INVESTMENT CO III TWLV 0.8% $ 10.13 Pre-Deal
YHN ACQUISITION I LTD YHNA 0.7% $ 11.06 Announced
CANTOR EQUITY PARTNERS VI INC CEPS 0.6% $ 10.40 Pre-Deal
VELOS ACQUISITION I CORP VLOS 0.5% $ 10.78 Pre-Deal
AMPERCAP ACQUISITION CO APMC 0.4% $ 9.98 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
STONEBRIDGE ACQUISITION II CORP APAC -26.1% $ 10.24 Pre-Deal
GENERAL PURPOSE ACQUISITION CORP GPAC -13.0% $ 8.75 Pre-Deal
RESEARCH ALLIANCE CORP IV RACD -7.8% $ 12.00 Pre-Deal
RISING DRAGON ACQUISITION CORP RDAC -7.1% $ 4.79 Announced
FUTURE VISION II ACQUISITION CORP FVN -4.8% $ 10.81 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What merger termination led the September 2, 2026 SPAC update?
    QUMS and SACH Pte. Ltd. terminated their merger on September 1, 2026. It was the only SPAC deal termination recorded today.
  • How many SPAC IPOs priced in September 2026 through September 2?
    A single SPAC IPO priced for $100M through the first 2 September sessions.
  • Which September SPAC IPO is in the month-to-date total?
    Three Lions Acquisition Corp. (TLAC) priced on September 1, 2026 and accounts for the $100M September MTD SPAC IPO total.
  • How many merger votes were held on September 2, 2026?
    A single merger vote was held on September 2, 2026; no redemption dollar amount was reported for that vote.
  • What SPAC warrants or rights began separate trading on September 2?
    Northstrive Acquisition Corp I (NSAI) appeared in the separate warrants/rights section for September 2, 2026.


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Published Sep 2, 2026

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