SPAC Market Update September 21, 2026: FXAC to Merge with WT Realty, SVAQ Amends EigenQ Deal

SPAC IPO Update — September 21, 2026

No SPAC IPOs priced on September 21, 2026; September MTD now stands at 3 IPOs totaling $500M over 21 sessions.

Daily SPAC Update — September 21, 2026

SPAC VOTE RESULTS
WINVEST ACQUISITION CORP (WINV) * Extend to March 17, 2027
ROSS ACQUISITION CORP II (ROSS) * Extend22,566 redeemed · $275,705 removed · trust $12.22

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 18 | Fortunex Acquisition Corp (FXAC) + WT Realty Group IncWT Realty Group Inc. is a Delaware corporation that operates a technology-enabled real estate platform. Through its subsidiary, Wetrust Realty, it offers real estate brokerage, escrow, lending, mortgage-related services, title services, and commercial real estate services. The company provides solutions for both real estate professionals and consumers.
September 16 | Acp Holdings Acquisition Corp (ACGC) + May MobilityMay Mobility develops autonomous vehicle technology for commercial ride-hail services. Its AI system operates on-vehicle, utilizing deep learning and real-time reasoning to navigate complex road situations. In partnership with companies like Toyota, NTT, Lyft, Uber, and Grab, it provides Autonomy-as-a-Service (AaaS) and has completed over half a million commercial autonomous rides in the U.S. and Japan.

SPAC EXTENSIONS
WINVEST ACQUISITION CORP (WINV) * Extension FilingStockholders approved extending the SPAC’s liquidation/termination deadlines with a sponsor loan and monthly extension deposits.

SEPARATE WARRANTS/RIGHTS
September 18: CHURCHILL CAPITAL CORP XIII (XIII)

OTHER SPAC NEWS
CHAMPIONSGATE ACQUISITION CORP (CHPG) * Merger Agreement
MELAR ACQUISITION CORP I (MACI) * Investor Deck
ROSS ACQUISITION CORP II (ROSS) * Confirmed Extension to March 16, 2028
SILICON VALLEY ACQUISITION CORP (SVAQ) * Merger Agreement AmendmentSecond Amendment extends Outside Date to June 30, 2027; adds institutional investor financing (Notes and Warrants) tied to EigenQ.

SPAC Movers — September 21, 2026

Frequently Asked Questions

• What did Fortunex Acquisition Corp announce with WT Realty Group?
  Fortunex Acquisition Corp (FXAC) announced a merger with WT Realty Group Inc., a Delaware company operating a technology-enabled real estate platform, on September 18, 2026.
• What changed in Silicon Valley Acquisition Corp’s EigenQ merger agreement?
  Silicon Valley Acquisition Corp (SVAQ) amended its EigenQ merger agreement, extending the outside date to June 30, 2027 and adding institutional investor financing through notes and warrants tied to EigenQ.
• How many SPAC IPOs priced in September 2026 through September 21?
  3 SPAC IPOs priced for $500M through September 21, 2026, compared with 8 IPOs for $1.25B over the same 21-day span in August 2026.
• How much was redeemed from ROSS Acquisition Corp II’s extension vote?
  ROSS Acquisition Corp II (ROSS) had 22,566 shares redeemed, removing $275,705 from trust at $12.2177 per share. The extension vote was approved.
• What did Winvest Acquisition Corp shareholders approve?
  Winvest Acquisition Corp (WINV) shareholders approved extending the SPAC’s deadline to March 17, 2027, with a sponsor loan and monthly extension deposits tied to the extension.