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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
BBCQ
26
Bleichroeder Acquisition Corp II
BBCQ
$392M
$392M $10.23 0.2%
TACO
27
Berto Acquisition Corp
TACO
$392M
$392M $10.44 0.29%
GUAC
28
Berto Acquisition Corp II
GUAC
$392M
$392M $9.94 0%
RDAG
29
Republic Digital Acquisition Co
RDAG
$389M
$389M – –
WENN
30
Wen Acquisition Corp
WENN
$388M
$388M $10.33 –
ALF
31
Centurion Acquisition Corp
ALF
$386M
$386M $10.75 0.83%
VLOS
32
Velos Acquisition I Corp. Class A Ordinary shares
VLOS
$385M
$385M $10.71 0.28%
HACQ
33
HCM IV Acquisition Corp
HACQ
$376M
$376M – –
MZYX
34
MOZAYYX Acquisition Corp
MZYX
$374M
$374M $9.96 0%
GIW
35
GigCapital8
GIW
$369M
$369M $10.12 0%
FCRS
36
FutureCrest Acquisition Corp
FCRS
$368M
$368M $10.23 0.1%
SDHI
37
Siddhi Acquisition Corp
SDHI
$364M
$364M $10.46 –
OIM
38
OneIM Acquisition Corp
OIM
$364M
$364M $10.12 0.1%
GIX
39
GigCapital9 Corp
GIX
$364M
$364M $9.95 0.1%
ALUB
40
Alussa Energy Acquisition Corp II
ALUB
$363M
$363M – –
TACH
41
Titan Acquisition Corp
TACH
$360M
$360M $10.44 0%
ARCI
42
Archimedes Tech SPAC Partners III
ARCI
$356M
$356M – –
KCHV
43
Kochav Defense Acquisition Corp
KCHV
$355M
$355M $10.37 –
ACAA
44
Averin Capital Acquisition Corp
ACAA
$355M
$355M $9.95 0.5%
HCIC
45
Hennessy Capital Investment Corp
HCIC
$354M
$354M $9.98 –
SOUL
46
Soulpower Acquisition Corp
SOUL
$353M
$353M $10.40 0.19%
YICC
47
Yorkville International Capital Corp. Class A Ordinary Shares
YICC
$351M
$351M $9.94 –
BDCI
48
BTC Development Corp
BDCI
$350M
$350M $10.08 0.1%
OYSE
49
Oyster Enterprises II Acquisition Corp
OYSE
$350M
$350M – –
TLNC
50
Talon Capital Corp
TLNC
$350M
$350M – –
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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 242 Shell Companies industry stocks tracked by Wall St. Rank, worth a combined $63.8B.

The largest by market cap are Twenty One Capital Inc (XXI) at $1.54B, Churchill Capital Corp XI (CCXI) at $780M and Drugs Made In America Acquisition II Corp (DMII) at $645M.

Among institutional investors, Cantor Equity Partners VI (CEPS) drew the most net new fund positions in Q1 2026: 76 funds opened new positions.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q1 2026.