26 Capital Acquisition Corp.

26 Capital Acquisition Corp. (Nasdaq: ADER), sponsored by 26 Capital Management under founder Jason Ader, completed its IPO in January 2021 targeting the gaming, hospitality, and entertainment sectors. The blank-check company entered into a business combination agreement with Tiger Resort Leisure and Entertainment, operator of the Okada Manila integrated resort in the Philippines. By the time of its September 30, 2022 Form 8-K filing, the proposed transaction had become entangled in significant legal and governance disputes surrounding Okada Manila's ownership, placing the deal's completion in serious doubt. The SPAC ultimately failed to close its combination and moved toward liquidation. Visit SpacDesk and sign up for full data, filings history, and deal-timeline analytics on ADER and hundreds of other SPACs.