Monitor for target business announcements and any amendments to the trust agreement. The 21-month deadline for a business combination creates a near-term catalyst focus.
Price Chart
Executive Summary
West Enclave Merger Corp. closed its IPO of 10,000,000 units at $10.00 per unit, with $101 million deposited into a trust account. The SPAC has 21 months to complete a business combination. This is a routine SPAC IPO filing with no material surprises.
Key Financial Metrics
Key Facts
- Closed IPO of 10,000,000 units at $10.00 per unit
- Gross proceeds of $100 million from public offering, with $101 million deposited into trust account
- Underwriters have 45-day over-allotment option for up to 1,500,000 additional units
- Sponsor and designees purchased 425,000 private units at $10.00 each
- Company has 21 months from closing to complete an initial business combination
- Founder shares and private units subject to lock-up and transfer restrictions
Financial Impact
Gross proceeds of $100 million from IPO, plus $4.25 million from private placement, with $101 million held in trust
Risk Factors
- Failure to complete a business combination within 21 months would result in liquidation
- Dilution from future issuances of equity-linked securities
- Reliance on sponsor and management to identify and execute a suitable acquisition
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-204103 |
| Document: d123695dex11.htm | 0001193125-26-204103 |
| Document: d123695dex103.htm | 0001193125-26-204103 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 4, 2026 25w ago | 8-K | $10.01 $10.10 | ▲ +0.88% | ▼ −4.08% | $10.02 (+0.15%) |
Apr 30, 2026 25w ago | 424B4 | — | awaiting T+20 | — | — |
Apr 20, 2026 27w ago | S-1/A | — | awaiting T+20 | — | — |
Mar 20, 2026 31w ago | S-1/A | — | awaiting T+20 | — | — |
US Market Status
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