SPAC News

NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (the “Company”), a blank check company sponsored by an affiliate of Fortress Investment Group LLC and formed for the purpose of effecting 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 25,000,000 Class A ordinary shares. The offering was priced at $10.00 per share, resulting in gross...

LONDON--(BUSINESS WIRE)--ThomasLloyd Climate Solutions B.V. ("ThomasLloyd" or the "Company"), a vertically integrated sustainable energy and technology solutions provider, and Roman DBDR Acquisition Corp. II (NASDAQ: DRDB, DRDBW, DRDBU) ("Roman DBDR"), today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”, and the transactions contemplated by that agreement, the “Proposed Business Combination”). Pursuant to the Business Com...

NEW YORK--(BUSINESS WIRE)--Illumination Acquisition Corp I (the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and are expected to begin trading under the ticker symbol “ILLUU” on February 27, 2026. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary sh...

NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (the “Company”), a blank check company sponsored by an affiliate of Fortress Investment Group LLC and formed for the purpose of effecting 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 25,000,000 Class A ordinary shares at a price of $10.00 per share. The Class A ordinary shares will...

NEW YORK--(BUSINESS WIRE)--Bitcoin Standard Treasury Company (“BSTR” or the “Company”), an operating company dedicated to accumulating Bitcoin and providing investors exposure to Bitcoin with both yield and alpha strategies through its actively managed Bitcoin holdings, today announced the appointment of Robert “Bob” Stefanowski as Chief Financial Officer of BSTR. Mr. Stefanowski is a respected global finance executive with more than 25 years of leadership experience across private credit, stru...

ELMORE CITY, Okla.--(BUSINESS WIRE)--Old Glory Bank (OGB), the premier full-service FDIC-insured bank serving the Freedom Economy, today announced its intention to have senior finance executives Peter Ort and Michael Sonnenshein, respected leaders in finance and crypto, join as Independent Directors of OGB Financial Company, subject to receiving Federal Reserve approval. On January 13, 2026, Old Glory Bank announced that its bank holding company, Old Glory Holding Company, entered into a busine...

PRINCETON, N.J. & ESPOO, Finland--(BUSINESS WIRE)--IQM Finland Oy, a global leader in full-stack superconducting quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”), and Real Asset Acquisition Corp. (Nasdaq: RAAQ), a special purpose acquisition company (“RAAQ”), today announced they have entered into a definitive business combination agreement, which will result in IQM becoming a public company and listing American Depositary Shares on one of the two leading U.S. stock exchanges...

PHILADELPHIA--(BUSINESS WIRE)--Armada Acquisition Corp. III (the “Company” or “AACI”) announced today the closing of its initial public offering of 24,850,000 units, including partial exercise of an over-allotment option, at $10.00 per unit. The offering resulted in gross proceeds to the Company of $248,500,000. The units began trading on the Nasdaq Global Market (“Nasdaq”) on February 18, 2026 under the ticker symbol "AACIU". Each unit consists of one Class A ordinary share and one-half of one...

PHILADELPHIA--(BUSINESS WIRE)--Armada Acquisition Corp. III (the “Company” or “AACI”) announced today that it priced its initial public offering of 22,500,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol "AACIU" beginning on February 18, 2026. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordin...

NEW YORK--(BUSINESS WIRE)--Churchill Capital Corp X (“Churchill X”) (NASDAQ: CCCX), a publicly traded special purpose acquisition company, today announced that its shareholders have approved the previously announced business combination with Infleqtion, Inc. (“Infleqtion”), a global leader in quantum sensing and quantum computing powered by neutral-atom technology. At a special meeting held today, the business combination and all related proposals were approved with overwhelming support from Ch...