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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
VYLR
1
Vylor Inc.
VYLR
$48.5B
$48.5B $72.68 0.5%
DMII icon
2
Drugs Made In America Acquisition II Corp
DMII
$650M
$650M $10.20 –
EVAC icon
3
EQV Ventures Acquisition Corp II
EVAC
$606M
$606M $10.36 0%
BCSS icon
4
Bain Capital GSS Investment Corp
BCSS
$598M
$598M $10.24 0.1%
CEPF icon
5
Cantor Equity Partners IV
CEPF
$590M
$590M $10.33 0.39%
CXII icon
6
Churchill Capital Corp XII
CXII
$575M
$575M $10.35 0.96%
CCXI icon
7
Churchill Capital Corp XI
CCXI
$554M
$554M $9.94 3.02%
AEXA icon
8
American Exceptionalism Acquisition Corp
AEXA
$544M
$544M $10.99 0.09%
NWAX icon
9
New America Acquisition I Corp
NWAX
$500M
$500M $10.04 0%
KRSP icon
10
Rice Acquisition Corporation 3
KRSP
$482M
$482M $10.47 0.1%
BRTM
11
B&R Technology Merger Corp. Class A Ordinary Shares
BRTM
$479M
$479M $9.79 0%
CRAN icon
12
Crane Harbor Acquisition Corp II
CRAN
$473M
$473M – –
GTEN icon
13
Gores Holdings X
GTEN
$470M
$470M $10.43 0.1%
APXT icon
14
Apex Treasury Corp
APXT
$466M
$466M $10.15 0.1%
GCGR icon
15
General Catalyst Global Resilience Merger Corp
GCGR
$462M
$462M $10 0.2%
GHXI
16
Gores Holdings XI Inc
GHXI
$446M
$446M $9.90 –
KBON icon
17
Karbon Capital Partners Corp
KBON
$445M
$445M $10.12 0%
MBVI icon
18
M3-Brigade Acquisition VI Corp
MBVI
$442M
$442M $10.26 0%
IEAG icon
19
Infinite Eagle Acquisition Corp
IEAG
$439M
$439M – –
IACO icon
20
Idea Acquisition Corp
IACO
$438M
$438M $10.02 0.2%
MESH icon
21
Meshflow Acquisition Corp
MESH
$436M
$436M $10.10 0%
DBCA icon
22
D. Boral Acquisition I Corp
DBCA
$435M
$435M $10.05 0.1%
KRAQ icon
23
KRAKacquisition Corp
KRAQ
$432M
$432M – –
KFII icon
24
K&F Growth Acquisition Corp II
KFII
$421M
$421M $10.73 0.09%
BCCQ icon
25
Bleichroeder Acquisition Corp III
BCCQ
$413M
$413M $9.94 0.3%
1
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Shell Companies Stocks at a Glance

Shell companies are development-stage vehicles with little or no operating revenue — blank-check entities, capital pools, and holding structures formed to acquire businesses. The investment case rests entirely on management and the eventual deal, not current fundamentals.

There are 239 Shell Companies industry stocks tracked by Wall St. Rank, worth a combined $112B.

The largest by market cap are Vylor Inc. (VYLR) at $48.5B, Drugs Made In America Acquisition II Corp (DMII) at $650M and EQV Ventures Acquisition Corp II (EVAC) at $606M.

Among institutional investors, Cantor Equity Partners VII (CAES) drew the most net new fund positions in Q2 2026: 74 funds opened new positions.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.