Boardroom Alpha
DeSPAC tracker

DeSPAC closes.

U.S. SPACs that have completed their business combination — monthly close volume, post-merger price distribution, and the deals that just landed.

MTD closes
0
YTD closes
15
Avg announce → close
338d
120 pipeline
What counts as a DeSPAC

A SPAC that has completed its business combination — the formerly-blank-check shell now operates as the merged target. We count the close once the SEC filing confirms the merger consummated. The post-close share price is the most recent end-of-day close at the new ticker; values below $10 typically mean the deal closed at a discount to the SPAC's trust value.

History

Monthly DeSPAC closes

Trailing 13 months
7
4
4
4
4
4
1
2
7
1
4
Jun 25 Jun 26
Post-close trading

Price distribution vs $10 trust

Last 12 mo · 38 priced

Latest close price for every DeSPAC that completed in the trailing 12 months and currently has a price feed. The $10 line is the SPAC's nominal trust value — closes below it mean the merged company trades at a discount.

24%
24%
34%
18%
< $29
$2 – $59
$5 – $1013
≥ $10 (trust)7
Recent closes

Just landed12

Last 90 days · 19 in 180d
GIGHDRN
Hadron Energy IncHadron Energy
$3.00
-70% vs $10

Hadron is a pioneer in MMR technology. Designed to deliver 10 MW of power, Hadron’s MMR will be smaller, more cost-effective, and faster to deploy than other proposed MMR power solutions. The revolutionary design of Hadron’s MMR allows its reactor core and containment shell to be transportable in a shipping container, providing a versatile deployment model for end users. Whether powering an artificial intelligence data center, remote community, or an industrial hub, Hadron’s MMR is expected to provide a reliable, safe and scalable nuclear energy solution.

239d announce→closeClosed May 26, 2026
CAEPAIIR
Cantor Equity Partners III IncAir
$7.55
-25% vs $10

Launched in 1999 and headquartered in Dubai, AIR is a global innovation leader in social inhalation, with a multinational presence in over 90 markets worldwide. Its portfolio of companies and assets includes Al Fakher, the world’s leading hookah brand; Hookah.com, North America’s number one B2B e-commerce platform for hookah and shisha by market share; and OOKA, highly innovative charcoal-free shisha device, among others. AIR’s science program, conducted in partnership with independent accredited laboratories, enables the development of innovative products that combine centuries of tradition with cutting-edge technology to minimize harm and maximize enjoyment for millions around the world.

189d announce→closeClosed May 15, 2026
WLACBRUN
Willow Lane Acquisition CorpBoost Run Inc
$39.20
+292% vs $10

Our enterprise-grade infrastructure delivers market-leading performance through strategic deployment of cutting-edge GPU architectures across top-tier data centers. By leveraging advanced interconnect technologies and bare metal provisioning, we provide institutional clients with the computational advantage needed to accelerate AI innovation while maintaining predictable cost structures and operational efficiency.

235d announce→closeClosed May 8, 2026
APADENHA
Enhanced Group IncEnhanced Ltd
$2.85
-72% vs $10

Enhanced is an elite sports competition and performance products company committed to giving athletes and people alike access to products that optimize their health, performance and recovery. The Enhanced Performance Product line provides consumers access to products, and protocols that optimize health, longevity and vitality. As a premium brand, Enhanced aims to revolutionize and lead the Performance Medicine category.

162d announce→closeClosed May 7, 2026
HYACRMIX
Haymaker Acquisition Corp 4Concrete Partners, LLC
$18.68
+87% vs $10

Suncrete is a pure-play ready-mix concrete company strategically positioned across Oklahoma and Arkansas with plans to expand throughout the rapidly growing and economically resilient U.S. Sunbelt region. Suncrete is a scalable and vertically integrated logistics and distribution platform operating as a mission-critical partner in the construction value chain. The Company operates batching plants, a dedicated fleet of owned mixer trucks and a tech-enabled dispatch infrastructure supporting a diversified customer base across public infrastructure, commercial and residential sectors. Headquartered in Tulsa, Oklahoma, Suncrete operates under a decentralized plant network strategy with regionally centralized oversight of pricing, customer relationships and fleet utilization with consistent customer engagement across markets to deliver products on time and on spec. Suncrete's local market leadership, scale and integrated logistics position it as a trusted partner in some of the nation's most attractive, fastest growing, and most resilient construction markets. The Company is well-aligned to benefit from ongoing population growth, urbanization trends and infrastructure investment across the Sunbelt.

181d announce→closeClosed Apr 8, 2026
VCICCSHR
Vine Hill Capital Investment CorpCoinShares
$4.61
-54% vs $10

<p>CoinShares is a leading global digital asset manager that delivers a broad range of financial services across investment management, trading, and securities to a wide array of clients that include corporations, financial institutions, and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK, and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorit&eacute; des march&eacute;s financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.</p>

204d announce→closeClosed Mar 31, 2026
TBMCCYAB
Trailblazer Merger Corp ICyabra Strategy Ltd.
$0.63
-94% vs $10

Founded by veterans of elite Israeli intelligence units, Cyabra is a data intelligence company that is at the forefront of the fight against the online distribution of disinformation. Cyabra has developed a proprietary AI-powered system, trusted by large corporations, governments, and security agencies to uncover risks, attacks, and malicious activity on social media platforms. Using proprietary algorithmic solutions, Cyabra’s system collects publicly available information and extracts valuable information and real time alerts, providing analytical and actionable insights, that are then communicated effectively to clients. Cyabra’s investors include Founders Fund, OurCrowd, Summus VC, and TAU Ventures. For more information visit: www.cyabra.com

611d announce→closeClosed Mar 26, 2026
CHACXNDU
Crane Harbor Acquisition CorpXanadu
$16.10
+61% vs $10

Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world's leading quantum hardware and software companies. The company also leads the development of PennyLane, an open-source software library for quantum computing and application development.

143d announce→closeClosed Mar 26, 2026
PELIGLND
Pelican Acquisition Corpreenland Exploration Limited / March GL Company
$3.15
-69% vs $10

About Greenland Exploration Limited Greenland Exploration Limited is a Texas-based entity focused on developing strategic positions in North American energy assets. Through its partnerships and future acquisitions, Greenland aims to deliver long-term shareholder value in a dynamic and evolving energy market. About March GL Company March GL Company, a privately-owned Texas Corporation, entered into an agreement with 80 Mile for drilling to commence at the Jameson oil and gas basin in Greenland. March GL will fund 100% of the costs associated with up to two exploration wells which are designed to delineate the sedimentary structure and energy potential of the Jameson Land Basin. In return, March GL will earn through 80 Mile’s subsidiary company up to 70% interest of the entire basin. March GL Company will be appointed as Field Operations Manager. More information is available on its website www.MarchGL.com.

196d announce→closeClosed Mar 25, 2026
DMYYHQ
Dmy Squared Technology Group IncHorizon Quantum
$12.71
+27% vs $10

Horizon Quantum is developing a hardware-agnostic software platform that bridges the gaps between quantum hardware and applications. This platform makes quantum computing accessible to virtually any software developer, by removing the need for deep quantum expertise to develop applications and unleashing quantum’s potential. Horizon Quantum was founded by Dr. Joe Fitzsimons in 2018, a former professor with two decades of experience in quantum computing and computational complexity theory. Horizon Quantum’s leadership team also includes Dr. Si-Hui Tan, Chief Science Officer, who holds a Ph.D. in Physics from MIT and has been actively involved in quantum research for the same period.

191d announce→closeClosed Mar 19, 2026
BACQMRLN
Merlin IncMerlin
$7.18
-28% vs $10

Merlin is the leading U.S.-based developer of cost-effective, takeoff-to-touchdown autonomy for both legacy and next-generation airborne systems. Our aircraft-agnostic, AI-powered software is purpose-built for military and civil programs, and is powering an expanding range of missions and aircraft, proven through hundreds of autonomous flights from test facilities across the globe. With $100M+ total in awarded contracts from military customers, Merlin is helping to solve national security challenges through safe, reliable autonomy.

214d announce→closeClosed Mar 16, 2026
FTWFTW
Eqv Ventures Acquisition CorpPresidio Petroleum
$12.15
+22% vs $10

Headquartered in Fort Worth, TX, Presidio is a leading operator of mature oil and gas wells across the Mid-Continent. The company is focused exclusively on optimizing existing production and generating sustainable cash flow from low-decline, producing assets.

212d announce→closeClosed Mar 5, 2026
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