Arca Nova Acquisition, a blank check company targeting agentic AI, stablecoin payments, and digital yield platforms, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock, and one-half of one warrant to purchase a share, exercisable at $11.50.
Arca Nova Acquisition is led by CEO and Chairwoman Norma Chu, the founder and CEO of DDC Enterprise (NYSE American: DDC; -99.9% from its November 2023 IPO). Chu has experience with other SPACs and concurrently serves as a director of Oxley Bridge Acquisition (Nasdaq: OBA). She is joined by CFO Ethan Yu, who leads the finance function at DDC.
The SPAC plans to target businesses in the digital asset ecosystem, focusing on agentic AI platforms, stablecoin payment rails, and digital yield platforms. Arca Nova Acquisition's sponsor is wholly owned by DDC Enterprise.
The Charlotte, NC-based company was founded in 2026. It plans to list on the NYSE under the symbol ANACU. Arca Nova Acquisition filed confidentially on July 31, 2026. Maxim Group LLC is the sole bookrunner on the deal.
