SPAC News

NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners I, Inc. (Nasdaq: CEPO) ("CEPO"), a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, today announced that CEPO and BSTR Holdings, Inc. ("BSTR") have agreed to work together on and are currently discussing a potential revised structure and amended terms for their previously announced proposed business combination. Such revised structure and amended terms for the proposed business combination are intended to bette...

NEW YORK--(BUSINESS WIRE)--Ares Acquisition Corporation III (the “Company”), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced the closing of its initial public offering of 34,500,000 units at a price of $10.00 per share and the sale of an additional 5,000,000 units at $10.00 per share pursuant to the underwriters’ partial exercise of their over-allotment option. Each unit consists of one Class A ordinary sha...

NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, today released its Q2 2026 SPAC Market Update & Outlook. In the second quarter of 2026, the SPAC IPO market saw the pricing of 55 IPOs, raising a total of $9.8 billion. Approximately 53% of the new SPAC IPOs this quarter were from serial SPAC issuers. Over the last four quarters, the SPAC market has averaged almost 50 IPOs, raising $10.2 billion each quarter. This surge in the market is attributed to an in...

NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners I, Inc. (“CEPO”) announced today that its upcoming extraordinary general meeting of shareholders (the “Meeting”) to approve its proposed initial business combination, which was initially scheduled for June 26, 2026 and had been postponed to July 2, 2026, will be further postponed to 10:00 a.m., Eastern Time on July 10, 2026. At the Meeting, shareholders of CEPO will be asked to vote on proposals to approve, among other things, CEPO’s proposed in...

NEW YORK--(BUSINESS WIRE)--Ares Acquisition Corporation III (the “Company”), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced the pricing of its upsized initial public offering of 34,500,000 units at a price of $10.00 per unit. The units are expected to be listed on the New York Stock Exchange and trade under the ticker symbol “AAC.U” beginning June 30, 2026. Each unit consists of one Class A ordinary share o...

SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, Inc., a leading U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics, and Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (Inflection Point) and Cohen & Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), announced today tha...

GENEVA & PALO ALTO, Calif.--(BUSINESS WIRE)--WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN; Nasdaq: WKEY), a global leader in cybersecurity and trusted digital ecosystems, and its subsidiary SEALSQ Corp. (Nasdaq: LAES), a leading developer of semiconductors, PKI, and post-quantum technologies, today announced that their jointly established special purpose vehicle, Quantisimo Corp. (“Quantisimo”), has entered into a non-binding Letter of Intent (“LOI”) with GigCapital8 Corp. (Nasdaq:...

BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings XI, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 35,880,000 units, which includes 4,680,000 units issu...

ESPOO, Finland & MUNICH--(BUSINESS WIRE)--IQM Quantum Computers, the global leader in superconducting quantum computers, today announced a significant achievement in quantum error correction, using directional tile codes, marking a major step toward practical, large-scale fault-tolerant quantum computing. The research, available on arXiv, and co-authored by IQM researchers and collaborators at Freie Universität Berlin, the University of Edinburgh, and Johannes Gutenberg-Universität Mainz, intro...

BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings XI, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group and formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market and trade under...