Boardroom Alpha
Research library
SPACs · Sep 3, 2026

SPAC Market Update September 3, 2026: TVA to Merge with PlusAI, VACI-NorthStar Vote Clears

Texas Ventures Acquisition III Corp (TVA) announced a merger with PlusAI, an AI-based virtual-driver software company for factory-built autonomous trucks, on September 3, 2026. Separately, Viking Acquisition Corp I (VACI) won approval for its NorthStar Earth…

SPAC IPO Update — September 3, 2026

No SPAC IPOs priced on September 3, 2026; September MTD now stands at 1 IPO totaling $100M over 3 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  $38M overallotment 100.0%
Aug 27 RNAQ RAINIER ACQUISITION CORP $75M 100.0%
Aug 26 JTTT JATT III ACQUISITION CORP $60M  $9M overallotment 100.0%
Aug 26 SCAT SOUTHERN CROSS ACQUISITION II CORP $75M  $2M overallotment 100.0%
Source: Boardroom Alpha

Daily SPAC Update — September 3, 2026

SPAC VOTE RESULTS
VIKING ACQUISITION CORP I (VACI) * Deal Approved with NorthStar Earth & Space Inc22,171,711 redeemed

SPAC DEALS ANNOUNCED
September 3 | Texas Ventures Acquisition III Corp (TVA) + PlusAIPlusAI develops AI-based virtual driver software for factory-built autonomous trucks. Its SuperDrive™ and HyperFoundry™ solutions facilitate the development and deployment of autonomous vehicles. Headquartered in Silicon Valley, it operates in the United States and Europe and collaborates with various commercial vehicle manufacturers and ecosystem partners, including TRATON GROUP’s Scania and MAN, Hyundai Motor Company, and NVIDIA.
September 2 | Four Leaf Acquisition Corp (FORL) + Data443 Risk Mitigation, Inc.Data443 Risk Mitigation, Inc. provides software and services focused on securing data across devices and databases, whether at rest or in transit. It serves over 10,000 customers in more than 100 countries, offering solutions for data governance and security that help identify and protect sensitive data. The company is headquartered in Research Triangle Park, North Carolina.

MERGER VOTES
Inflection Point Acquisition Corp V (IPEX) + GOWell Technology Limited
GOWell Technology Limited provides well logging technologies and distributed sensing solutions for energy companies worldwide. It serves a diverse customer base, including major oil service companies and operators in the energy sector. Headquartered in Singapore, the company has a global manufacturing and procurement network with regional hubs in the United States, UAE, and China, and operations in over 50 countries.

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)

OTHER SPAC NEWS
BLUE ACQUISITION CORP (BACC) * Merger Agreement AmendmentFifth Amendment extends Outside Date to November 30, 2026 for the Blue-Blockfusion business combination.
FOUR LEAF ACQUISITION CORP (FORL) * Merger Agreement
RIBBON ACQUISITION CORP (RIBB) * Voting AgreementMeteora financing package for PubCo post-close includes a forward purchase and a standby equity line.
TEXAS VENTURES ACQUISITION III CORP (TVA) * Merger Agreement

SPAC LISTING RULE NOTICES
ARC GROUP ACQUISITION I CORP (ARCL) * Listing Rule NoticeNasdaq notified ARC Group Acquisition I Corp that its warrants fall below the $1M market-value threshold; plan to regain compliance due by Oct 12, 2026, with potential extension to Feb 23, 2027; delisting possible if not cured.
EUREKA ACQUISITION CORP (EURK) * Listing Rule NoticeNasdaq flags Eureka Acquisition for public float and MVLS deficiencies. 45-day plan deadline and 180-day MVLS window, with possible appeals.

SPAC Executive & Director Moves — September 3, 2026

SPAC Executive & Director Moves
Company Ticker Moves
INFLECTION POINT ACQUISITION CORP VIII IPHXU
  • On August 27, 2026, Steven Tannenbaum, William J. Liquori, and William Denkin were appointed to the board of directors of the Company, with additional committee roles assigned.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha

SPAC Movers — September 3, 2026

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
GENERAL PURPOSE ACQUISITION CORP GPAC 25.3% $ 10.37 Pre-Deal
HENNESSY CAPITAL INVESTMENT CORP VII HVII 10.6% $ 8.64 Announced
INFLECTION POINT ACQUISITION CORP V IPEX 3.8% $ 11.00 Announced
RF ACQUISITION CORP II RFAI 3.6% $ 43.00 Announced
TCGX ACQUISITION CORP TCGX 1.9% $ 14.22 Pre-Deal
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
STONEBRIDGE ACQUISITION II CORP APAC -20.5% $ 10.25 Pre-Deal
VIKING ACQUISITION CORP I VACI -6.7% $ 9.84 Announced
RESEARCH ALLIANCE CORP III RACC -3.7% $ 19.75 Announced
BLUEPORT ACQUISITION LTD BPAC -2.5% $ 9.93 Announced
JATT II ACQUISITION CORP TBD -2.0% $ 11.76 Announced
Source: Boardroom Alpha market data

Frequently Asked Questions

  • What did Texas Ventures Acquisition III Corp announce on September 3, 2026?
    Texas Ventures Acquisition III Corp (TVA) announced a merger with PlusAI, which develops AI-based virtual-driver software for factory-built autonomous trucks and markets SuperDrive and HyperFoundry solutions.
  • What happened at Viking Acquisition Corp I’s NorthStar vote?
    Viking Acquisition Corp I (VACI) received shareholder approval for its NorthStar Earth & Space Inc combination today, with 22,171,711 shares redeemed.
  • What is September 2026 SPAC IPO issuance through September 3?
    September has a single SPAC IPO for $100M through the first 3 September sessions. The 12-month average is 17.3 IPOs and $3.50B per month.
  • Which other SPAC merger was announced in the last 5 days?
    Four Leaf Acquisition Corp (FORL) announced a merger with Data443 Risk Mitigation, Inc. on September 2, 2026. SPAC deal announcements totaled 2 over the last 5 days.
  • What outside-date amendment did Blue Acquisition disclose?
    Blue Acquisition Corp (BACC) extended the outside date for the Blue-Blockfusion business combination to November 30, 2026.


Get it in your inbox

The Daily SPAC Update in your inbox

Every IPO, vote, and DeSPAC close — analyzed daily for finance professionals.

ShareXLinkedIn

Published Sep 3, 2026

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer