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Shell Companies
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
SAGU
176
Shreya Acquisition Group
SAGU
$162M
$162M $10.05 0%
QRED
177
QuasarEdge Acquisition Corp
QRED
$161M
$161M $10.04 0%
LKSP
178
Lake Superior Acquisition Corp
LKSP
$161M
$161M $10.23 –
GLED
179
GalaxyEdge Acquisition Corp
GLED
$160M
$160M $10.02 0%
SPEG
180
Silver Pegasus Acquisition Corp
SPEG
$159M
$159M $10.36 0%
FMAC
181
Future Money Acquisition Corp
FMAC
$159M
$159M $10.06 0%
OCAC
182
Ocean Capital Acquisition Corp
OCAC
$156M
$156M $9.98 0%
TONT
183
Graf Global Corp
TONT
$154M
$154M $10.89 –
INAC
184
Indigo Acquisition Corp
INAC
$153M
$153M $10.35 –
TCGX
185
TCGX Acquisition Corp
TCGX
$152M
$152M $13.46 0.15%
YCY
186
AA Mission Acquisition Corp II
YCY
$151M
$151M $10.23 0%
APUR
187
Aperture AC
APUR
$148M
$148M $10.03 0%
ALPX
188
Alpex Acquisition Corp
ALPX
$147M
$147M $9.95 –
BHAV
189
BHAV Acquisition Corp
BHAV
$141M
$141M $10.03 0%
RFAM
190
RF Acquisition Corp III
RFAM
$139M
$139M $9.99 –
XFLH
191
XFLH Capital Corp
XFLH
$139M
$139M $10 0%
OTAI
192
Starlink AI Acquisition Corp
OTAI
$138M
$138M $10.02 0%
FTHA
193
Forefront Tech Holdings Acquisition Corp
FTHA
$137M
$137M $9.98 0%
FXAC
194
FortuneX Acquisition Corp
FXAC
$127M
$127M $10.08 –
EWAV
195
East West Ave Acquisition Corp
EWAV
$127M
$127M $9.90 0.1%
PONO
196
Pono Capital Four Inc
PONO
$122M
$122M $10.02 0.4%
PLCI
197
Pelican Acquisition II Corp
PLCI
$120M
$120M $9.90 0.1%
CHAR
198
Charlton Aria Acquisition Corp
CHAR
$120M
$120M $10.96 0.09%
QUMS
199
Quantumsphere Acquisition Corp
QUMS
$118M
$118M $10.34 0%
BRKH
200
Burtech Acquisition Corp II
BRKH
$117M
$117M $9.99 –
6 7
8
9 10

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 234 Shell Companies industry stocks tracked by Wall St. Rank, worth a combined $62.1B.

The largest by market cap are Churchill Capital Corp XI (CCXI) at $670M, Gold X2 Mining Inc. (AUXX) at $655M and Drugs Made In America Acquisition II Corp (DMII) at $648M.

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.