SpacDeskUnder $50M Trust SPACs
33 SPACs with Under $50M trust sizes, totaling $719.8M in trust.
The under-$50M SPAC cohort tracked on SpacDesk comprises 33 vehicles, none of which remain in active target search. Of that total, 15 have announced or completed business combinations, while 12 have liquidated, returning capital to shareholders without closing a merger. The remaining vehicles sit in intermediate stages of the deal or wind-down process. The data reflects sustained pressure on smaller-capitalization blank-check companies, which have historically faced a narrower path to completed transactions than their larger-deal counterparts, as both sponsor economics and institutional investor appetite tend to favor scale. Investors and analysts seeking full sponsor histories, filing details, and deal timelines for this cohort can sign up for complete access at SpacDesk.
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| SVAC Spring Valley Acquisition Corp. III | Spring Valley Acquisition III Sponsor, LLC | $3.0M | Completed | 2025-09-04 | Clean Energy | General Fusion Inc. |
| SBC Pono Capital Two, Inc. | Mehana Capital LLC | $5.0M | Completed | 2022-08-08 | Technology | SBC Medical Group Holdings Incorp |
| HWH Alset Capital Acquisition Corp. | Alset Acquisition Sponsor, LLC | $4.1M | Completed | 2022-02-02 | Real Estate | HWH International Inc. |
| VCXB 10X Capital Venture Acquisition Corp. III | 10X Capital SPAC Sponsor III LLC | $19.3M | Liquidated | 2022-01-14 | Other / Diversified | American Gene Technologies International Inc |
| OPTX OmniLit Acquisition Corp. | OmniLit Sponsor LLC | $6.9M | Completed | 2021-11-10 | Industrial / Manufacturing | SYNTEC OPTICS HOLDINGS, INC. |
| DAVE VPC Impact Acquisition Holdings III, Inc. | VPC Impact Acquisition Holdings Sponsor III, LLC | $12.4M | Completed | 2021-03-08 | Fintech | Dave Inc./DE |
| RGTI Supernova Partners Acquisition Company II, Ltd. | Supernova Partners | $13.8M | Completed | 2021-03-03 | Quantum | Rigetti Computing, Inc. |
| CPTK Crown PropTech Acquisitions | Crown PropTech Sponsor, LLC | $4.0M | Deal Announced | 2021-02-10 | Real Estate | Mkango Resources Ltd |
| PAQ Provident Acquisition Corp. | Provident Acquisition Holdings Ltd. | $11.0M | Completed | 2021-01-08 | Consumer | Perfect Corp |
| GRCY Greencity Acquisition Corp | Cynthia Management Corporation | $46.7M | Liquidated | 2020-07-24 | Other / Diversified | — |
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| VINC LifeSci Acquisition Corp | LifeSci Capital | $5.6M | Completed | 2020-03-09 | Biotech / Pharma | Vincera Pharma, Inc. |
| MAPS Silver Spike Acquisition Corp. | Silver Spike Capital | $13.8M | Completed | 2019-08-09 | Cannabis | WM TECHNOLOGY, INC. |
| RIDE DiamondPeak Holdings Corp. | David T. Hamamoto, Silverpeak | $30.0M | Completed | 2019-02-28 | Real Estate | Lordstown Motors Corp. |
| RVPH Tenzing Acquisition Corp. | Maxim | $8.6M | Completed | 2018-08-22 | Other / Diversified | REVIVA PHARMACEUTICALS HOLDINGS, INC. |
| JACQ Collabrium Japan Acquisition Corp | — | $47.3M | Completed | 2012-10-19 | Other / Diversified | — |
| INXB Infinity Cross Border Acquisition Corp | Infinity I-China Fund (Cayman), L.P. | $46.0M | Completed | 2012-07-20 | Other / Diversified | — |
| BGSC BGS Acquisition Corp. | — | $40.0M | Completed | 2012-03-21 | Other / Diversified | TransnetYX Holding Corp |
| FlatWorld Acquisition Corp. FlatWorld Acquisition Corp. | — | $22.4M | Deregistered | 2010-12-10 | Other / Diversified | — |
| BBVUF BBV Vietnam S.E.A. Acquisition Corp. | — | $41.4M | Deregistered | 2008-02-11 | Other / Diversified | — |
| GGA GSC Acquisition Company | GSC Group | $3.5M | Liquidated | 2007-06-27 | Other / Diversified | — |
| PCQC Pantheon China Acquisition Corp. | — | $28.5M | Deregistered | 2006-12-15 | Other / Diversified | China Cord Blood Services Corporation |
| Millstream II Acquisition CORP Millstream II Acquisition CORP | — | $20.6M | Deregistered | 2004-12-20 | Other / Diversified | Specialty Surfaces International, Inc |
| China Unistone Acquisition CORP China Unistone Acquisition CORP | — | $15.3M | Deregistered | 2004-11-19 | Financial Services | Ahead Billion Venture Limited |
| CHARDAN CHINA ACQUISITION CORP CHARDAN CHINA ACQUISITION CORP | — | $17.9M | Deregistered | 2004-03-17 | Other / Diversified | State Harvest Holdings Limited |
| Arcade China Acquisition Corp Arcade China Acquisition Corp | — | $40.4M | Withdrawn | — | Other / Diversified | — |
| Pacific Monument Acquisition Corp Pacific Monument Acquisition Corp | — | $40.0M | Withdrawn | — | Defense | — |
| Green Energy Acquisition CORP Green Energy Acquisition CORP | — | $5.3M | Withdrawn | — | Clean Energy | — |
| HYIV Haymaker Acquisition Corp. IV | Haymaker Sponsor IV LLC | $2.0M | Withdrawn | — | Consumer | — |
| CGRD GRD Biotechnology Acquisition Ltd | — | $38.6M | Withdrawn | — | Biotech / Pharma | — |
| JVAC Jade Value Acquisition Corp | Jade Value Holdings | $46.0M | Withdrawn | — | Crypto / Blockchain | — |
| AEIB AEI CapForce II Investment Corp | AEI Capital SPAC Venture II LLC | $5.0M | Withdrawn | — | Technology | — |
| RICH RichSpace Acquisition Corp. | RichSpace Acquisition | $46.9M | Withdrawn | — | Crypto / Blockchain | — |
| OTC Adnant Concepcion Acquisition Corp. | Adnant Concepcion Sponsor LLC | $28.8M | Withdrawn | — | Cannabis | — |
Data sourced from SEC EDGAR filings. Trust size reflects declared trust at IPO. SPACs with unknown trust size are excluded.