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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
NPAC icon
26
New Providence Acquisition Corp III
NPAC
$405M
$405M $10.56 0.09%
CLBR icon
27
Colombier Acquisition Corp III
CLBR
$404M
$404M $10.09 0.3%
OSPR
28
Osprey Acquisition Corp III
OSPR
$403M
$403M – –
MEVO icon
29
M Evo Global Acquisition Corp II
MEVO
$400M
$400M – –
TACO icon
30
Berto Acquisition Corp
TACO
$394M
$394M $10.49 0.1%
RDAG icon
31
Republic Digital Acquisition Co
RDAG
$393M
$393M $10.49 0%
ZKP icon
32
Lafayette Digital Acquisition Corp I
ZKP
$392M
$392M $10.04 0.1%
WENN icon
33
Wen Acquisition Corp
WENN
$392M
$392M $10.45 0.1%
ALF icon
34
Centurion Acquisition Corp
ALF
$391M
$391M $10.87 0.46%
GUAC icon
35
Berto Acquisition Corp II
GUAC
$390M
$390M $9.90 0.3%
KEYY icon
36
Keystone Acquisition Corp
KEYY
$380M
$380M $9.92 –
YICC
37
Yorkville International Capital Corp
YICC
$378M
$378M $9.87 0.1%
ALOV icon
38
Aldabra 4 Liquidity Opportunity Vehicle
ALOV
$376M
$376M $10.01 0.1%
MZYX icon
39
MOZAYYX Acquisition Corp
MZYX
$375M
$375M $9.99 0%
TBCV icon
40
Thunder Bridge Capital Partners V, Ltd. Class A Ordinary Shares
TBCV
$374M
$374M $9.78 0.2%
GIW icon
41
GigCapital8
GIW
$372M
$372M $10.19 0%
SDHI icon
42
Siddhi Acquisition Corp
SDHI
$369M
$369M $10.58 –
FCRS icon
43
FutureCrest Acquisition Corp
FCRS
$368M
$368M $10.23 0%
GIX icon
44
GigCapital9 Corp
GIX
$366M
$366M $10.01 0%
OIM icon
45
OneIM Acquisition Corp
OIM
$365M
$365M – –
ALUB icon
46
Alussa Energy Acquisition Corp II
ALUB
$365M
$365M $10.15 0%
TACH icon
47
Titan Acquisition Corp
TACH
$364M
$364M $10.56 0.09%
FVAV icon
48
Fortress Value Acquisition Corp V
FVAV
$364M
$364M $10.08 0.3%
KCHV icon
49
Kochav Defense Acquisition Corp
KCHV
$360M
$360M $10.52 0.09%
ACAA icon
50
Averin Capital Acquisition Corp
ACAA
$359M
$359M – –
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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.