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The SPAC market in February 2026

30 IPOs, 3 deals announced, 1 closed, 2 wound up in the U.S. SPAC market in February 2026, with trust sizes, targets and outcomes, compiled from SEC filings.

Published Mar 1, 2026 · Updated Oct 2, 2026 · SPACListing research desk

February 2026 produced 30 IPOs, 3 deals announced, 1 closed, 2 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

30 SPACs priced an IPO in February 2026, putting $5.8B into trust between them.

  • M Evo Global Acquisition Corp II (MEVO), $304M
  • Iris Acquisition Corp II (IRAB), $171M
  • Colombier Acquisition Corp. III (CLBR), $302M
  • Cantor Equity Partners VI, Inc. (CEPS)
  • Hennessy Capital Investment Corp. VIII (HCIC), $245M
  • Cambridge Acquisition Corp. (CAQ), $233M
  • SPACSphere Acquisition Corp. (SSAC), $175M
  • Spring Valley Acquisition Corp. IV (SVIV), $233M
  • Idea Acquisition Corp. (IACO), $355M
  • Inflection Point Acquisition Corp. VII (IPXG), $233M
  • Spartacus Acquisition Corp. II (TMTS), $233M
  • D. Boral Acquisition I Corp. (DBCA), $292M

Deals announced

3 vehicles 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.

  • DT Cloud Star Acquisition Corp (DTSQ)
  • Real Asset Acquisition Corp., $179M
  • Roman DBDR Acquisition Corp. II (DRDB), $245M

Approved by shareholders

7 combinations 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.

  • Greenland Technologies Holding Corp. (GTEC), $45.5M
  • Inspirato Inc, $176M
  • Inception Growth Acquisition Ltd, $2.2M
  • Horizon Space Acquisition II Corp., $39.4M
  • Spring Valley Acquisition Corp. II, $26.4M
  • Trailblazer Merger Corp I (TBMC), $4.0M
  • Presidio MidCo Inc., $367M

Closed

1 de-SPAC completed in February 2026. The shell is gone and the target trades in its place.

  • Infleqtion, Inc. (INFQ), $424M

Wound up

2 vehicles ran out of time and returned $519M to shareholders. Liquidation is the ordinary outcome for a SPAC that never finds a target, not a failure of the structure.

  • Nabors Energy Transition Corp. II, $154M
  • AA Mission Acquisition Corp., $365M

Compiled automatically from SEC filings on the day after the month ended. Figures are as filed; where a disclosure could not be reconciled it is left out rather than estimated.

Written from public SEC filings and market practice. Not investment, legal or tax advice, and no substitute for the document in front of you.