SPAC Market Update September 30, 2026: IVCBF $22M Extension Redemptions, BSAA Sponsor Sale

SPAC IPO Update — September 30, 2026

No SPAC IPOs priced on September 30, 2026; September MTD now stands at 5 IPOs totaling $910M over 30 sessions.

Daily SPAC Update — September 30, 2026

SPAC VOTE RESULTS
INVESTCORP EUROPE ACQUISITION CORP I (IVCBF) * Extend to December 17, 20291,801,349 redeemed · $22,228,647 removed · trust $12.34
IB ACQUISITION CORP (IBAC) * Extend to March 28, 2027117,386 redeemed · $1,287,724 removed · trust $10.97
SPARK I ACQUISITION CORP (SPKL) * Extend to March 29, 2027trust $10.92

SPAC DEAL & EXTENSION VOTES SET
Quartzsea Acquisition Corp (QSEA) * EXTENSION VOTE SET: October 13, 2026
Quartzsea Acquisition Corp (QSEA) * EXTENSION VOTE SET: October 13, 2026 * trust $10.84

SPAC EXTENSIONS
CONSTELLATION ACQUISITION CORP I (CSTAF) * Extension FilingConstellation Acquisition Corp I extends its initial business combination deadline to Oct 29, 2026, via a $5,000 extension note.
SPARK I ACQUISITION CORP (SPKL) * Extension FilingSPAC extends deadline to Mar 29, 2027; sponsor funds a $0.015 per-share extension contribution up to ~$201k and a $400k promissory note, plus a $0.10 per-share top-up.

OTHER SPAC NEWS
BEST SPAC I ACQUISITION CORP (BSAA) * New SponsorBuyer now owns 100% of sponsor (~80% of Company); Yun Chen resigned; Claudius Tsang named sole director.
COLUMBUS ACQUISITION CORP (COLA) * Vote AdjournedColumbus Acquisition Corp adjourns the reconvened meeting again; no votes on any proposals, including the WISeSat business combination.
FUTUREWAVE ACQUISITION CORP (FWAC) * Merger Agreement
HARVARD AVE ACQUISITION CORP (HAVA) * Merger Agreement
OCEANLIGHT ACQUISITION CORP (OCLT) * Merger Agreement
SILICON VALLEY ACQUISITION CORP (SVAQ) * S-4 FiledForm S-4 filed for SVAQ-EigenQ business combination; press release issued. Shareholders will receive proxy materials.

SPAC LISTING RULE NOTICES
BAYVIEW ACQUISITION CORP (BAYA) * Listing Rule NoticeNasdaq delists Bayview Acquisition for failing to complete its merger by deadline; plans OTC listing with limited trading.

SPAC LIQUIDATIONS
METAL SKY STAR ACQUISITION CORP (MSSAF) -> Liquidation on October 2

SPAC DEALS ANNOUNCED
September 28 | Proem Acquisition Corp I (PAAC) + ASTRO DIGITAL US, INC.ASTRO DIGITAL US, INC. provides infrastructure for space constellations by designing, manufacturing, launching, and operating mission-configurable satellites. It serves commercial, civil, and defense customers, collaborating with constellation operators from initial spacecraft development to large-scale production. Headquartered in Denver, Colorado, the company also has operations in California and Australia and has worked with over 30 customers across 16 mission types since 2018.
September 28 | Bold Eagle Acquisition Corp (BEAG) + REDLatticeREDLattice is a U.S.-based defense technology company that serves the global intelligence community, law enforcement, and military sectors. It specializes in digital access solutions and cyber capabilities, offering technical and engineering expertise to its customers.
September 28 | Harvard Ave Acquisition Corp (HAVA) + OAG International LtdOAG International Ltd provides specialized pipeline construction and integrity services for onshore and offshore energy infrastructure. Founded in 1999, it has completed over 200 projects in more than 27 countries for around 40 clients, including major pipeline contractors and energy companies. Its services include field joint coating, welding, and Non-Destructive Testing, with a focus on offshore field joint coating, which requires high reliability and quality assurance. OAG aims to expand its geographic presence and develop proprietary technologies within the pipeline construction and integrity sector.
September 28 | Oceanlight Acquisition Corp (OCLT) + AIRE IncAIRE Inc is a home textile and green sleep technology company focused on developing and commercializing environmentally friendly advanced materials. It aims to provide customers with sleep solutions while prioritizing ecological sustainability.
September 28 | Futurewave Acquisition Corp (FWAC) + Olympian Group IncOlympian Group Inc. is a Cayman Islands exempted holding company for HK Shang Ge Industrial Limited. It operates through its wholly owned subsidiary in Hong Kong, providing vertically oriented integrated chip and electronic component solutions. The company focuses on supply chain management, product solutions, and value-added services aimed at customer fulfillment.

SPAC Executive & Director Moves — September 30, 2026

SPAC Movers — September 30, 2026

Frequently Asked Questions

• How much did Investcorp Europe Acquisition Corp I (IVCBF) redeem in its extension vote?
  IVCBF redeemed 1,801,349 shares and removed $22,228,647 from trust at $12.34 per share; shareholders approved an extension to December 17, 2029.
• What changed at BEST SPAC I Acquisition Corp (BSAA)?
  BSAA disclosed that the buyer now owns 100% of the sponsor, equal to about 80% of the company; Yun Chen resigned and Claudius Tsang became sole director of the sponsor.
• How many SPAC IPOs priced in September 2026 through September 30?
  September had 5 SPAC IPOs for $910M through September 30, 2026, compared with 12 IPOs for $1.77B over the same span in August 2026.
• When is Quartzsea Acquisition Corp’s extension vote scheduled?
  Quartzsea Acquisition Corp (QSEA) set October 13, 2026 for its extension vote; the filing showed $10.84 in trust per share.
• What other extension vote results came in on September 30, 2026?
  IB Acquisition Corp (IBAC) removed $1,287,724 at $10.97 per share and extended to March 28, 2027; Spark I Acquisition Corp (SPKL) extended to March 29, 2027 with $10.92 in trust per share.