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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
BLZR
51
Trailblazer Acquisition Corp
BLZR
$351M
$351M $10.22 –
SBXE
52
SilverBox Corp V
SBXE
$350M
$350M $10.10 –
SORN
53
Soren Acquisition Corp
SORN
$348M
$348M $10.02 0.2%
TLNC
54
Talon Capital Corp
TLNC
$348M
$348M $10.23 0.2%
DSAC
55
Daedalus Special Acquisition Corp
DSAC
$346M
$346M $10.18 0%
AACI
56
Armada Acquisition Corp III
AACI
$342M
$342M $10.05 0%
CAII
57
Collective Acquisition Corp II
CAII
$339M
$339M $10 0%
PTOR
58
Praetorian Acquisition Corp
PTOR
$339M
$339M $9.99 0%
IPFX
59
Inflection Point Acquisition Corp VI
IPFX
$339M
$339M $10.04 0.1%
BEAG
60
Bold Eagle Acquisition Corp
BEAG
$335M
$335M $10.70 0%
XRPN
61
Armada Acquisition Corp II
XRPN
$333M
$333M $10.55 0%
FERA
62
Fifth Era Acquisition Corp I
FERA
$329M
$329M $10.52 –
SZZL
63
Sizzle Acquisition Corp II
SZZL
$328M
$328M $10.49 –
DRDB
64
Roman DBDR Acquisition Corp II
DRDB
$327M
$327M $10.67 –
OBA
65
Oxley Bridge Acquisition Ltd
OBA
$326M
$326M $10.32 –
RTAC
66
Renatus Tactical Acquisition Corp I
RTAC
$325M
$325M $10.44 0.19%
EVOX
67
Evolution Global Acquisition Corp
EVOX
$324M
$324M $10.12 0%
ALDF
68
Aldel Financial II Inc
ALDF
$323M
$323M $10.82 0%
KOYN
69
CSLM Digital Asset Acquisition Corp III
KOYN
$323M
$323M $10.23 0%
IACQ
70
Irenic Acquisition Corp
IACQ
$322M
$322M $9.99 0%
PMTR
71
Perimeter Acquisition Corp I
PMTR
$321M
$321M $10.42 0%
CAES
72
Cantor Equity Partners VII
CAES
$320M
$320M $10.06 0.1%
JACS
73
Jackson Acquisition Co II
JACS
$319M
$319M $10.78 0.19%
SAC
74
Safeguard Acquisition Corp
SAC
$317M
$317M $10.11 0%
TVA
75
Texas Ventures Acquisition III Corp
TVA
$317M
$317M $10.55 0%
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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 229 Shell Companies industry stocks tracked by Wall St. Rank, worth a combined $60.8B.

The largest by market cap are Churchill Capital Corp XI (CCXI) at $674M, Gold X2 Mining Inc. (AUXX) at $662M 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.