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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
CCXI
1
Churchill Capital Corp XI
CCXI
$677M
$677M $12.16 1.3%
AUXX
2
Gold X2 Mining Inc.
AUXX
$656M
$656M $6.48 0%
DMII
3
Drugs Made In America Acquisition II Corp
DMII
$647M
$647M $10.16 0%
EVAC
4
EQV Ventures Acquisition Corp II
EVAC
$602M
$602M $10.30 0%
BCSS
5
Bain Capital GSS Investment Corp
BCSS
$601M
$601M $10.29 0%
CXII
6
Churchill Capital Corp XII
CXII
$599M
$599M $10.78 0%
CEPF
7
Cantor Equity Partners IV
CEPF
$592M
$592M $10.36 0%
AEXA
8
American Exceptionalism Acquisition Corp
AEXA
$558M
$558M $11.28 0.18%
NWAX
9
New America Acquisition I Corp
NWAX
$504M
$504M $10.13 0%
AAC
10
Ares Acquisition Corporation III
AAC
$500M
$500M $10.11 0.1%
KRSP
11
Rice Acquisition Corporation 3
KRSP
$484M
$484M $10.53 0.47%
BRTM
12
B&R Technology Merger Corp. Class A Ordinary Shares
BRTM
$482M
$482M $9.85 0.2%
GTEN
13
Gores Holdings X
GTEN
$473M
$473M $10.50 0.47%
APXT
14
Apex Treasury Corp
APXT
$466M
$466M $10.14 0.1%
GHXI
15
Gores Holdings XI Inc
GHXI
$450M
$450M $9.99 0%
KBON
16
Karbon Capital Partners Corp
KBON
$445M
$445M $10.10 0%
IEAG
17
Infinite Eagle Acquisition Corp
IEAG
$444M
$444M $10.20 –
MBVI
18
M3-Brigade Acquisition VI Corp
MBVI
$442M
$442M $10.24 0%
IACO
19
Idea Acquisition Corp
IACO
$437M
$437M $9.99 0%
MESH
20
Meshflow Acquisition Corp
MESH
$435M
$435M $10.08 0%
KRAQ
21
KRAKacquisition Corp
KRAQ
$433M
$433M $10.04 0%
BCCQ
22
Bleichroeder Acquisition Corp III
BCCQ
$414M
$414M $9.98 0%
CLBR
23
Colombier Acquisition Corp III
CLBR
$409M
$409M $10.23 0%
OSPR
24
Osprey Acquisition Corp III
OSPR
$404M
$404M $9.85 0%
NPAC
25
New Providence Acquisition Corp III
NPAC
$402M
$402M $10.48 0%
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 223 Shell Companies industry stocks tracked by Wall St. Rank, worth a combined $59.1B.

The largest by market cap are Churchill Capital Corp XI (CCXI) at $677M, Gold X2 Mining Inc. (AUXX) at $656M and Drugs Made In America Acquisition II Corp (DMII) at $647M.

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.