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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
CHEC
126
Chenghe Acquisition III Co
CHEC
$177M
$177M $10.23 0%
TCGX
127
TCGX Acquisition Corp
TCGX
$168M
$168M $14.87 10.4%
LKSP
128
Lake Superior Acquisition Corp
LKSP
$160M
$160M $10.19 0%
GLED
129
GalaxyEdge Acquisition Corp
GLED
$159M
$159M $9.95 0.2%
FMAC
130
Future Money Acquisition Corp
FMAC
$158M
$158M $10.02 0%
OCAC
131
Ocean Capital Acquisition Corp
OCAC
$155M
$155M $9.93 0%
TONT
132
Graf Global Corp
TONT
$154M
$154M $10.85 0%
BHAV
133
BHAV Acquisition Corp
BHAV
$145M
$145M $10 0.1%
NCO
134
Southern Cross Acquisition I Corp
NCO
$145M
$145M $9.85 0.1%
RFAM
135
RF Acquisition Corp III
RFAM
$138M
$138M $9.91 0%
OTAI
136
Starlink AI Acquisition Corp
OTAI
$138M
$138M $10 0%
IPCX
137
Inflection Point Acquisition Corp III
IPCX
$136M
$136M $3.95 3.67%
VECA
138
Vernal Capital Acquisition Corp
VECA
$132M
$132M $10 0%
FWAC
139
Futurewave Acquisition Corp
FWAC
$127M
$127M $9.90 0.1%
FXAC
140
FortuneX Acquisition Corp
FXAC
$127M
$127M $10.05 0%
IPEX
141
Inflection Point Acquisition Corp V
IPEX
$125M
$125M $10.52 1.68%
BRKH
142
Burtech Acquisition Corp II
BRKH
$117M
$117M $9.97 0%
QUMS
143
Quantumsphere Acquisition Corp
QUMS
$113M
$113M $10.31 0%
RACD
144
Research Alliance Corporation IV Class A Ordinary Shares
RACD
$108M
$108M $11.90 0.85%
AMAN
145
Amanat Acquisition Corp
AMAN
$101M
$101M $10.49 0.38%
SPKL
146
Spark I Acquisition Corp
SPKL
$101M
$101M $11.61 0.51%
RFAI
147
RF Acquisition Corp II
RFAI
$92.5M
$92.5M $11.09 0.09%
SIMA
148
SIM Acquisition Corp I
SIMA
$90.3M
$90.3M $10.99 0.55%
MCAH
149
Mountain Crest Acquisition 6 Corp
MCAH
$90.3M
$90.3M $9.98 0%
MMTX
150
Miluna Acquisition Corp
MMTX
$89.8M
$89.8M $10.17 0.49%

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 162 Shell Companies industry stocks tracked by Wall St. Rank, worth a combined $44.5B.

The largest by market cap are Churchill Capital Corp XI (CCXI) at $951M, EQV Ventures Acquisition Corp II (EVAC) at $600M and Bain Capital GSS Investment Corp (BCSS) at $599M.

Among institutional investors, Cantor Equity Partners VII (CAES) drew the most net new fund positions in Q2 2026: 71 funds opened new positions.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.