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The briefMonday, 10 August 2026Updated 23:59 GMT

What changed on 10 August 2026

Also on the diary

12 dated events this weekWhat to do about them
  • RFAI Redemption deadline Mon 10 Aug · broker cutoff Thu 6 Aug
  • FTII Redemption deadline Tue 11 Aug · broker cutoff Fri 7 Aug
  • IOAC Extension vote Tue 11 Aug · broker cutoff Fri 7 Aug
  • IPEX Extension vote Tue 11 Aug · broker cutoff Fri 7 Aug
  • SBXD Extension vote Tue 11 Aug · broker cutoff Fri 7 Aug
  • IGTA Extension vote Wed 12 Aug · broker cutoff Mon 10 Aug

… and 6 more on the calendar.

Deals


Alchemy Investments I to merge with Cartiga in a $540M deal

Alchemy Investments I agreed to merge with Cartiga, a Financials company, at a headline value of $540M.

The agreement was announced on Friday 22 August, and we hold no shareholder vote date for it yet.

ALCYF dossier The deal 0001104659-25-082575opens on sec.gov in a new tab0001104659-23-057812opens on sec.gov in a new tab0001104659-26-041050opens on sec.gov in a new tab0001104659-26-065130opens on sec.gov in a new tab

Axiom Intelligence I to merge with Terra Quantum in a $3.5B deal

Axiom Intelligence I agreed to merge with Terra Quantum, an Information Technology company, at a headline value of $3.5B.

The agreement was announced on Monday 25 May, and we hold no shareholder vote date for it yet.

The companies expect to close in H2 2026.

The combined company is to trade as TQ.

AXIN dossier The deal 0001213900-26-062447opens on sec.gov in a new tab0001213900-26-056597opens on sec.gov in a new tab0001213900-26-062446opens on sec.gov in a new tab

Plum IV to merge with Controlled Thermal Resources in a $3.1B deal

Plum IV agreed to merge with Controlled Thermal Resources, an Energy company, at a headline value of $3.1B.

The agreement was announced on Sunday 8 March, and we hold no shareholder vote date for it yet.

The companies expect to close in H2 2026.

A $12.5M PIPE is recorded alongside the deal, though no filing we hold states it, and the combined company is to trade as CTRH.

PLMK dossier The deal 0001213900-26-026268opens on sec.gov in a new tab0001213900-26-024935opens on sec.gov in a new tab0001213900-26-026265opens on sec.gov in a new tab

Melar I to merge with Everli in a $180M deal

Melar I agreed to merge with Everli, a Consumer Discretionary company, at a headline value of $180M.

The agreement was announced on Wednesday 30 July, and we hold no shareholder vote date for it yet.

A $30M PIPE is recorded alongside the deal, though no filing we hold states it.

MACI dossier The deal 0001104659-25-074242opens on sec.gov in a new tab0001104659-25-072519opens on sec.gov in a new tab0001213900-26-056836opens on sec.gov in a new tab0001104659-25-074244opens on sec.gov in a new tab

Constellation I to merge with US Elemental in a $500M deal

Constellation I agreed to merge with US Elemental, a Materials company, at a headline value of $500M.

The agreement was announced on Thursday 9 April, and we hold no shareholder vote date for it yet.

The companies expect to close in H2 2026.

A $21M PIPE is committed alongside the deal, and the combined company is to trade as ULIT.

CSTAF dossier The deal 0001213900-26-042083opens on sec.gov in a new tab0001213900-26-057759opens on sec.gov in a new tab

Westin to merge with First Choice Healthcare in a $650M deal

Westin agreed to merge with First Choice Healthcare, a Healthcare company, at a headline value of $650M.

The agreement was announced on Thursday 23 July, and we hold no shareholder vote date for it yet.

The companies expect to close in Q4 2026.

A $10M PIPE is recorded alongside the deal, though no filing we hold states it.

WSTN dossier The deal 0001213900-26-082408opens on sec.gov in a new tab0001213900-25-107058opens on sec.gov in a new tab0001213900-26-057804opens on sec.gov in a new tab

16 more not shown (28 in this window).

In the filings


10-Q filed 2026-08-10 — the auditors raised going-concern doubt · trust $257.3M→$259.5M (+0.9%)

vs prior 10-Q 2026-05-12: going-concern doubt APPEARED.

trust $257.3M→$259.5M (+0.9%).

Why it matters: The trust value per share is climbing, which is positive for investors, but the cash burn and absence of a deal raise the risk of liquidation. The company now explicitly states substantial doubt about its ability to continue as a going concern, which is a material red flag. No sponsor misconduct or unusual related-party transactions were….

Cash in the trust account
$257.3m$259.5m
Cash behind each share
$10.17$10.26
Shares that can still be handed back
25,300,00025,300,000

The pot grew, and so did each share's claim on it — interest, with nobody leaving.

The auditor’s going-concern sentence appeared in this filing and was not in the last one. A SPAC has to say it may not survive twelve months once its own deadline falls inside the auditor’s horizon — it is about the calendar, not the bank account, and the cash above is still there.

Both columns are filed figures, compared against the 10-Q of Tuesday 12 May. Cash behind each share is those two figures divided.

BDCI dossier 0001213900-26-087351opens on sec.gov in a new tab

10-Q filed 2026-08-10 — the auditors raised going-concern doubt · trust $169.4M→$170.9M (+0.9%) · sponsor loan $400K→$300K

vs prior 10-Q 2026-05-14: going-concern doubt APPEARED.

trust $169.4M→$170.9M (+0.9%).

sponsor loan $400K→$300K.

Why it matters: This filing establishes the post-IPO trust value and per-share redemption level, confirms the 16,850,000 public shares remain in temporary equity, and resets the key SPAC calendar: the company has until February 4, 2028 to complete a deal. It also signals that, absent a transaction or outside financing, the company believes it lacks liqu….

Cash in the trust account
$169.4m$170.9m

The auditor’s going-concern sentence appeared in this filing and was not in the last one. A SPAC has to say it may not survive twelve months once its own deadline falls inside the auditor’s horizon — it is about the calendar, not the bank account, and the cash above is still there.

Both columns are filed figures, compared against the 10-Q of Thursday 14 May. Cash behind each share is those two figures divided.

IRAB dossier 0001185185-26-003366opens on sec.gov in a new tab

10-Q filed 2026-08-10 — the auditors raised going-concern doubt

vs prior 10-Q 2026-05-15: going-concern doubt APPEARED.

Why it matters: Cash and marketable securities of $181.6 million against operating expenses of $48.5 million a quarter is under four quarters of runway at the current rate, and R&D spending rose 39% year over year. The Class B exchange transfers economic interest from the non-controlling holders into the public company, which is why Class A share count ….

The auditor’s going-concern sentence appeared in this filing and was not in the last one. A SPAC has to say it may not survive twelve months once its own deadline falls inside the auditor’s horizon — it is about the calendar, not the bank account, and the cash above is still there.

Both columns are filed figures, compared against the 10-Q of Friday 15 May. Cash behind each share is those two figures divided.

DNAC dossier 0001193125-26-342373opens on sec.gov in a new tab

10-Q filed 2026-08-10 — the auditors raised going-concern doubt · trust $258.3M→$260.4M (+0.8%)

vs prior 10-Q 2026-05-07: going-concern doubt APPEARED.

trust $258.3M→$260.4M (+0.8%).

Why it matters: Provides current trust value per share ($10.42) and confirms no target identified, deadline unchanged. Indicates sponsor continues to support via outstanding promissory note of $23,345. Going concern disclosure highlights risk of liquidation if no deal by May 2027.

Cash in the trust account
$258.3m$260.4m
Cash behind each share
$10.33$10.42
Shares that can still be handed back
25,000,00025,000,000

The pot grew, and so did each share's claim on it — interest, with nobody leaving.

The auditor’s going-concern sentence appeared in this filing and was not in the last one. A SPAC has to say it may not survive twelve months once its own deadline falls inside the auditor’s horizon — it is about the calendar, not the bank account, and the cash above is still there.

Both columns are filed figures, compared against the 10-Q of Thursday 7 May. Cash behind each share is those two figures divided.

PCAP dossier 0001213900-26-087230opens on sec.gov in a new tab

10-Q filed 2026-08-10 — Verde Clean Fuels filed its Q2 2026 10-Q showing a net loss of $1.94M for the quarter and $4.33M for the six months ended June 30, 2026, with cash de…

Why it matters: The post-SPAC company is burning cash with no revenue, has taken a $3.9M impairment on its primary project, and is now pivoting to a licensing model with an active lawsuit from Five Star Clean Fuels over technology rights. Cash runway and the viability of the new capital-lite strategy are the key concerns for investors.

CENQ dossier 0001628280-26-055390opens on sec.gov in a new tab

8-K filed 2026-08-10 — Verde Clean Fuels (VGAS) reported Q2 2026 results with $53.5M cash and no debt, a 24% YoY reduction in net loss to $(1.9)M, and announced it is advan…

Why it matters: The explicit mention of evaluating strategic alternatives signals potential M&A or restructuring activity at a post-merger company still burning cash ($3.8M consumed in H1 2026). With $53.5M in cash and minimal liabilities, Verde has runway but no revenue, making a strategic transaction increasingly likely.

CENQ dossier 0001628280-26-055381opens on sec.gov in a new tab

8-K filed 2026-08-10 — Form 8-K current report confirming the consummation of East West Ave Acquisition Corporation’s initial public offering and concurrent private placeme…

Why it matters: This 8-K formally terminates the pre-OFF window, locking in the post-IPO trust balance ($100,500,000), establishing the hard August 3, 2027 redemption clock, and fixing the Public Rights expiration timeline. The exact waiver of the over-allotment option and confirmation of founder share forfeiture finalize the baseline equity composition….

EWAV dossier 0001493152-26-036924opens on sec.gov in a new tab

10-Q filed 2026-08-10 — Microvast discloses substantial going-concern doubt that has not been alleviated, with $127.8M cash against $104.2M short-term borrowings and a $41.7…

Why it matters: The going-concern warning, negative operating cash flow of -$33.3M for H1 2026 (vs +$44.3M prior year), and 29% revenue decline signal severe financial distress for this de-SPAC'd company. The CEO's conversion at $0.50/share diluted holders by ~15% (shares outstanding rose from ~331.8M to ~384.5M), while warrant expiration confirms the s….

THCB dossier 0001628280-26-055372opens on sec.gov in a new tab

8-K filed 2026-08-10 — Sable Offshore (post-FLME de-SPAC) reported its first revenue quarter with $137.1M in Q2 2026 revenue and $9.4M operating cash flow, completed a July…

Why it matters: First full operational quarter post-de-SPAC demonstrates revenue generation but reveals high-cost capital structure (15% TLB coupon, 100% excess cash flow sweep) and $18.5M in non-recurring demurrage charges from midstream constraints, with 2H 2026 capex cut 41% to $85M to prioritize debt amortization.

FLME dossier 0001831481-26-000105opens on sec.gov in a new tab

8-K filed 2026-08-10 — Veea Inc. issued a $555,556 convertible promissory note to White Lion Capital LLC on July 10, 2026, with a 12-month maturity and 5% interest, convert…

Why it matters: This is a post-closed-SPAC financing by the former de-SPAC entity (Veea Inc.) with a convertible note featuring a floating, market-based conversion price that could result in significant dilution. The terms include a 4.99% ownership limitation (expandable to 9.99%) and default interest of 18%, indicating high-risk capital raising.

PLMI dossier 0001213900-26-087343opens on sec.gov in a new tab

8-K filed 2026-08-10 — Form 8-K current report documenting a shareholder-approved 12-month extension of Collective Acquisition Corp.'s business combination deadline, associ…

Why it matters: Based on the Company’s disclosures, the extension buys the sponsor twelve additional months to complete a merger, but the reported redemption volume severely depletes the public trust balance to $15,887,453.01. Public investors who did not redeem now hold securities backed by a fraction of the original capital, which constrains the SPAC’….

CCAQ dossier 0001213900-26-087341opens on sec.gov in a new tab

10-Q filed 2026-08-10 — Sable Offshore Corp. (formerly Flame Acquisition Corp.) filed its 10-Q for Q2 2026, reporting $137.1M in revenue from resumed oil sales via the Santa…

Why it matters: The post-SPAC entity has transitioned to revenue-generating operations and resolved its near-term liquidity crisis through refinancing, but faces significant legal and regulatory headwinds from California agencies that could impact ongoing operations. The 191.9M shares outstanding and accumulated deficit of $1.37B reflect substantial dil….

FLME dossier 0001831481-26-000104opens on sec.gov in a new tab

65 more not shown (77 in this window).

Redemptions


Nothing to report. No new SEC-sourced redemption results were captured in this window.

New coverage


Now covered: Rainier Acquisition Corp

CIK 0002147219.

IPO 2026-08-27.

Sponsor Ravenna 7 LLC.

Trust $10.00/sh (filed).

Status SEARCHING.

Source edgar-auto.

RNAQ dossier

Now covered: Lucens Capital Acquisition Corp I

CIK 0002143156.

Sponsor Lucens Capital Sponsor, LLC.

Trust $10.05/sh (filed).

Status SEARCHING.

Source edgar-auto.

CIK2143156 dossier

Now covered: Southport Acquisition Corp. II

CIK 0002148436.

Sponsor Southport Acquisition Sponsor II LLC.

Trust $10.00/sh (filed).

Status SEARCHING.

Source edgar-auto.

CIK2148436 dossier

Now covered: EGH Acquisition Corp. (Nasdaq)

CIK 0002052547.

IPO 2025-05-09.

Sponsor EGH Sponsor LLC.

Trust $10.26/sh (filed).

Status DEAL_ANNOUNCED.

Source research-2026-08-10.

EGHA dossier

Now covered: Armada II (Nasdaq)

CIK 0002044009.

IPO 2025-05-21.

Sponsor Armada Sponsor II LLC.

Trust $10.49/sh (filed).

Status DEAL_ANNOUNCED.

Source research-2026-08-10.

XRPN dossier

Now covered: Four Leaf Acquisition Corp (OTC)

CIK 0001936255.

IPO 2023-03-22.

Sponsor ALWA Sponsor LLC.

Status TERMINATED.

Source EDGAR-verified (was research-2026-08-10).

FORL dossier

Now covered: International Media (OTC)

CIK 0001846235.

IPO 2021-07-29.

Sponsor JC Unify Capital (Holdings) Ltd.

Trust $12.03/sh (filed).

Status DEAL_ANNOUNCED.

Source research-2026-08-10.

IMAQ dossier

204 more not shown (216 in this window).

From the wire

Company wires and the financial press, in this window. Headlines belong to the outlets that wrote them and open on their sites.


The full news feed

How this brief is made


  • Composed deterministically from stored primary-sourced rows — no LLM, no live fetching of facts, $0 per run.
  • Trust NAV accreted at the 3-mo T-bill par yield 4.00% (treasury.gov, 2026-09-10); accreted values are ESTIMATES and labeled as such.
  • Broker action dates count ~2 real NYSE trading days before the deadline (weekends and market holidays excluded) — still verify with your broker, whose cutoff may be earlier.
  • 372 filings were scanned for this window.
  • Items tagged "coverage" are database-ingestion events (a row was captured), not market events — the underlying facts may predate the window.
  • Dated events are summarised on this page and never turned into an instruction. An outside date is the contractual long-stop: it pays nothing, and the trust comes back only if no combination closes. Where the record holds no dated redemption event either way, the page says so instead of assuming one.

Every figure on this page is taken from a filing with the U.S. Securities and Exchange Commission and links to it. Estimates are labelled as estimates. Prices are last trades, not quotes. This is information, not investment advice.

This is a dated edition — the record of one day, kept at its own address. Editions are retained for 60 days.

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