26 Capital Acquisition Corp.

26 Capital Acquisition Corp. (Nasdaq: ADER), sponsored by 26 Capital Group under chairman Jason Ader, completed its initial public offering in February 2021 with a focus on the gaming, hospitality, and entertainment sector. The blank-check company pursued a business combination with Okada Manila, an integrated resort in the Philippines operated under Universal Entertainment's local subsidiary, but the proposed transaction became entangled in protracted legal disputes arising from a parallel corporate control battle over the target entity. The company filed an 8-K with the SEC on September 22, 2023, amid its wind-down proceedings following the termination of the proposed combination. Sign up at SpacDesk for full filings, timeline data, and analytics on ADER and the broader SPAC market.