The Texas Lawbook

Free Speech, Due Process and Trial by Jury

CDT Roundup: 15 Deals, 9 Firms, 116 Lawyers, $7.8B

Special purpose acquisition companies, otherwise known as SPACs, might have hit an inflection point in the third quarter.

According to the latest data from PitchBook, there were only 35 initial public offerings of SPACs in the third quarter and 32 reverse mergers, or deSPAC transactions, closed in the same period worth only $4.7 billion – a steady quarterly decline from the height of SPAC IPOs in the first quarter and deSPAC deals in the third quarter of 2021.

Claire Poole

Claire Poole is a senior writer at The Texas Lawbook, where she covers corporate transactions.

©2026 The Texas Lawbook.

Content of The Texas Lawbook is controlled and protected by specific licensing agreements with our subscribers and under federal copyright laws. Any distribution of this content without the consent of The Texas Lawbook is prohibited.

If you see any inaccuracy in any article in The Texas Lawbook, please contact us. Our goal is content that is 100% true and accurate. Thank you.

© Copyright 2026 The Texas Lawbook
The content on this website is protected under federal Copyright laws. Any use without the consent of The Texas Lawbook is prohibited.