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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
POLE
76
Andretti Acquisition Corp II
POLE
$316M
$316M $10.72 0%
SAAQ
77
Space Asset Acquisition Corp
SAAQ
$316M
$316M $10.10 0%
ATII
78
Archimedes Tech SPAC Partners II Co
ATII
$315M
$315M $10.66 0.19%
IPXG
79
Inflection Point Acquisition Corp. VII Class A Ordinary Shares
IPXG
$315M
$315M $10.06 0%
LEGO
80
Legato Merger Corp IV
LEGO
$313M
$313M $10 0%
ILLU
81
Illumination Acquisition Corp I
ILLU
$312M
$312M $9.98 0%
MTAL
82
Metals Acquisition Corp II
MTAL
$312M
$312M $10.18
RAC
83
Rithm Acquisition Corp
RAC
$311M
$311M $10.58 0%
LPBB
84
Launch Two Acquisition Corp
LPBB
$311M
$311M $10.82 0%
VHCP
85
Vine Hill Capital Investment Corp II
VHCP
$309M
$309M $10.07 0%
TMTS
86
Spartacus Acquisition Corp II
TMTS
$309M
$309M $10.06 0%
ITHA
87
ITHAX Acquisition Corp III
ITHA
$309M
$309M $10.06 0.1%
CCCT
88
Columbus Circle Capital Corp III
CCCT
$308M
$308M $9.83
VII
89
Viking Acquisition Corp II
VII
$307M
$307M $9.83 0%
BIXI
90
Bitcoin Infrastructure Acquisition Corp
BIXI
$304M
$304M $10.09
OTGA
91
OTG Acquisition Corp I
OTGA
$302M
$302M $10.24 0.1%
QLEP
92
Quantum Leap Acquisition Corp
QLEP
$300M
$300M $10.01 0.4%
GPAC
93
General Purpose Acquisition Corp
GPAC
$296M
$296M $10.07 0.1%
SVAQ
94
Silicon Valley Acquisition Corp
SVAQ
$295M
$295M $10.07
IRHO
95
Iron Horse Acquisitions Corp II
IRHO
$295M
$295M $10.07
HCAC
96
Hall Chadwick Acquisition Corp
HCAC
$295M
$295M $10.10 0%
NHIC
97
NewHold Investment Corp III
NHIC
$294M
$294M $10.65 0.09%
BACC
98
Blue Acquisition Corp
BACC
$293M
$293M $10.48 0.19%
MTNE
99
CH4 Natural Solutions Corp
MTNE
$293M
$293M $9.91
FGII
100
FG Imperii Acquisition Corp
FGII
$290M
$290M $10.02 0%

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.