SPAC | StableBread's Newsletter

SPAC

Robotics

Sep 6, 2026

Digit Out of the Cage

Agility will be the only listed U.S. humanoid pure-play, with a factory rated for 10,000 robots a year and paid deployments at Amazon, GXO, Schaeffler, Toyota, and Mercado Libre. However, at $13.40/share, you're paying $4.51B for just $1.78M of FY2025 revenue.

Semis

Jul 7, 2026

Atomic Armor for AI Chips and Batteries

A US manufacturer selling into AI memory/logic chips, photonics, and defense batteries is going public at a $1.2B valuation. It's backed by a $100M DOE grant, Samsung SDI building its factory, and a 2028 law banning the US military from buying Chinese battery cells.

BCAR

May 8, 2026

$632M EV With ~4% Downside

Trust floor at ~$10.25 caps the downside at ~4%. Upside depends on conversion of a $300M qualified pipeline across GPU cloud, modular data centers, and HVDC power

BRUN

Apr 12, 2026

Boost Run Setup

SPAC merger priced below every public GPU cloud peer, with a team that's built and sold this infrastructure before.