More than 100 Special Purpose Acquisition Companies domiciled in the Cayman Islands have listed on US stock markets in 2026
Cayman SPACs account for 61% of all US initial public offerings this year
SPACs raise capital through an IPO to acquire or merge with a private company, taking it public
Cayman has become the dominant SPAC jurisdiction, with 94% of SPAC IPOs following legal and regulatory changes in the US
17 June 2026 – 103 Cayman Islands-domiciled Special Purpose Acquisition Companies have listed on US stock markets so far in 2026, according to Cayman Finance. The figure represents 61% of all US IPOs this year, pointing to a revival in SPAC activity and a structural shift to Cayman as the default...
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