The SPAC market in January 2026

January 2026 produced 24 IPOs, 1 deal announced, 4 wound up across the U.S. blank-check market. Everything below comes from the filings themselves, and every vehicle named links to its own record.

New vehicles

24 SPACs priced an IPO in January 2026, putting $5.1B into trust between them.

• Black Spade Acquisition III Co (BIII), $175.5M
• Art Technology Acquisition Corp. (ARTC), $257.2M
• Bleichroeder Acquisition Corp. II (BBCQ), $292.3M
• Lafayette Digital Acquisition Corp. I (ZKP), $292.3M
• Soren Acquisition Corp. (SORN), $257.2M
• OneIM Acquisition Corp. (OIM)
• Infinite Eagle Acquisition Corp. (IEAG), $348.5M
• FG Imperii Acquisition Corp. (FGII), $231.1M
• X3 Acquisition Corp. Ltd. (XCBE), $228.5M
• Aldabra 4 Liquidity Opportunity Vehicle, Inc. (ALOV), $303.9M
• Legato Merger Corp. IV (LEGO), $232.3M
• Helix Acquisition Corp. III (HLXC), $175.1M

Deals announced

1 vehicle signed a definitive business-combination agreement. An announcement starts the clock on a proxy, a shareholder vote and a redemption window, and a signed agreement is not a closed one.

• EGH Acquisition Corp. (EGHA), $156.6M

Approved by shareholders

1 combination went to a vote and passed. At that point the redemption window has run and what remains in trust is what the deal has to work with.

• Broad Capital Acquisition Corp, $1.2M

Wound up

4 vehicles ran out of time and returned $43.9M to shareholders. Liquidation is the ordinary outcome for a SPAC that never finds a target, not a failure of the structure.

• ALPHATIME ACQUISITION CORP, $16.0M
• DT Cloud Acquisition Corp, $1.6M
• Four Leaf Acquisition Corp, $19.9M
• Israel Acquisitions Corp (ISRLF), $6.4M