Market review
The SPAC market in August 2026
15 IPOs, 8 deals announced, 2 closed, 4 wound up in the U.S. SPAC market in August 2026, with trust sizes, targets and outcomes, compiled from SEC filings.
Published Sep 1, 2026 · Updated Oct 2, 2026 · SPACListing research desk
August 2026 produced 15 IPOs, 8 deals announced, 2 closed, 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
15 SPACs priced an IPO in August 2026, putting $1.1B into trust between them.
- East West Ave Acquisition Corp. (EWAV), $101M
- BOA Acquisition Corp. II (THEO)
- ARC Group Securities Acquisition I (FJDI)
- TCGX Acquisition Corp. (TCGX)
- OceanLight Acquisition Corp (OCLT)
- Pinnacle Acquisition Corp (PNAQ), $202M
- Thunder Bridge Capital Partners V, Ltd. (TBCV), $261M
- Hall Chadwick Acquisition Corp II (HCAX)
- Karman Line Acquisition Corp. (XTER)
- AfterNext Acquisition I Corp. (AFNX), $103M
- NorthStrive Acquisition Corp I. (NSAI), $100M
- JATT III Acquisition Corp (JTTT)
Deals announced
8 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.
- Bluerock Acquisition Corp. (BLRK), $176M
- McKinley Acquisition Corp (MKLY), $178M
- Newbridge Acquisition Ltd (NBRG)
- Pono Capital Four, Inc. (PONO), $121M
- Newbury Street II Acquisition Corp (NTWO), $185M
- Bleichroeder Acquisition Corp. III (BCCQ)
- STARRY SEA ACQUISITION CORP (SSEA), $59.3M
- Black Spade Acquisition III Co (BIII), $175M
Approved by shareholders
8 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.
- Global Business Travel Group, Inc. (GBTG), $818M
- Inflection Point Acquisition Corp. III (IPCX), $263M
- Reservoir Media, Inc. (RSVR), $115M
- Zeo Energy Corp. (ZEO), $16.1M
- Tessera Defense & Homeland Security Inc. (HLSQ)
- Bleichroeder Acquisition Corp. II (BBCQ), $292M
- Technology & Telecommunication Acquisition Corp (TETEF), $144K
- USA Rare Earth, Inc. (USAR), $269M
Closed
2 de-SPACs completed in August 2026. The shell is gone and the target trades in its place.
- Cycurion, Inc. (CYCU), $1.8M
- Bleichroeder Acquisition Corp. II (BBCQ), $292M
Wound up
4 vehicles ran out of time and returned $872M to shareholders. Liquidation is the ordinary outcome for a SPAC that never finds a target, not a failure of the structure.
- Agriculture & Natural Solutions Acquisition Corp (ANSC), $377M
- Inflection Point Acquisition Corp. III (IPCX), $263M
- Artius II Acquisition Inc. (AACB), $232M
- D. Boral ARC Acquisition I Corp. (BCARU)
Deadlines that fell in the month
5 vehicles reached a combination deadline in August 2026. Each had to close, win an extension from shareholders, or return the money.
- PANTAGES CAPITAL ACQUISITION Corp (PGAC), $29.3M
- COLLECTIVE ACQUISITION CORP. (CCAQ)
- Inflection Point Acquisition Corp. V (IPEX), $87.6M
- RF Acquisition Corp II (RFAI)
- Rising Dragon Acquisition Corp. (RDAC), $18.4M
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.