We are live on ! Find out more

Small Cap
Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
DMII icon
1
Drugs Made In America Acquisition II Corp
DMII
$650M
$650M $10.20 –
EVAC icon
2
EQV Ventures Acquisition Corp II
EVAC
$606M
$606M $10.36 0%
BCSS icon
3
Bain Capital GSS Investment Corp
BCSS
$598M
$598M $10.24 0.1%
CEPF icon
4
Cantor Equity Partners IV
CEPF
$590M
$590M $10.33 0.39%
CXII icon
5
Churchill Capital Corp XII
CXII
$575M
$575M $10.35 0.96%
CCXI icon
6
Churchill Capital Corp XI
CCXI
$554M
$554M $9.94 3.02%
AEXA icon
7
American Exceptionalism Acquisition Corp
AEXA
$544M
$544M $10.99 0.09%
NWAX icon
8
New America Acquisition I Corp
NWAX
$500M
$500M $10.04 0%
KRSP icon
9
Rice Acquisition Corporation 3
KRSP
$482M
$482M $10.47 0.1%
BRTM
10
B&R Technology Merger Corp. Class A Ordinary Shares
BRTM
$479M
$479M $9.79 0%
CRAN icon
11
Crane Harbor Acquisition Corp II
CRAN
$473M
$473M – –
GTEN icon
12
Gores Holdings X
GTEN
$470M
$470M $10.43 0.1%
APXT icon
13
Apex Treasury Corp
APXT
$466M
$466M $10.15 0.1%
GCGR icon
14
General Catalyst Global Resilience Merger Corp
GCGR
$462M
$462M $10 0.2%
GHXI
15
Gores Holdings XI Inc
GHXI
$446M
$446M $9.90 –
KBON icon
16
Karbon Capital Partners Corp
KBON
$445M
$445M $10.12 0%
MBVI icon
17
M3-Brigade Acquisition VI Corp
MBVI
$442M
$442M $10.26 0%
IEAG icon
18
Infinite Eagle Acquisition Corp
IEAG
$439M
$439M – –
IACO icon
19
Idea Acquisition Corp
IACO
$438M
$438M $10.02 0.2%
MESH icon
20
Meshflow Acquisition Corp
MESH
$436M
$436M $10.10 0%
DBCA icon
21
D. Boral Acquisition I Corp
DBCA
$435M
$435M $10.05 0.1%
KRAQ icon
22
KRAKacquisition Corp
KRAQ
$432M
$432M – –
KFII icon
23
K&F Growth Acquisition Corp II
KFII
$421M
$421M $10.73 0.09%
BCCQ icon
24
Bleichroeder Acquisition Corp III
BCCQ
$413M
$413M $9.94 0.3%
NPAC icon
25
New Providence Acquisition Corp III
NPAC
$405M
$405M $10.56 0.09%

Small Cap 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 138 small cap Shell Companies stocks — companies in the Shell Companies industry with a market cap between $250M and $2B — worth a combined $48.7B.

The largest by market cap are Drugs Made In America Acquisition II Corp (DMII) at $650M, EQV Ventures Acquisition Corp II (EVAC) at $606M and Bain Capital GSS Investment Corp (BCSS) at $598M.

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.