West Enclave Merger Corp. is a blank check company, or SPAC, formed in December 2025 with the sole purpose of identifying and merging with a private operating company to take it public. West Enclave has no operations, no revenues, and no identified acquisition target. The company is raising $100M through an IPO of 10M units at $10.00 each, with proceeds held in trust pending a business combination. West Enclave has 21 months from IPO close to complete a deal, or it must liquidate and return trust funds to shareholders. The company focuses on targets in Latin America, or U.S.-based businesses whose revenues or operations are tied to the economic relationship between the U.S. and Latin America — particularly Mexico — with target enterprise values generally between $500M and $2B. The team is led by two Co-CEOs with deep roots in Mexican capital markets: Emilio Mahuad Quijano, former CEO of Lazard Financial Advisory Mexico and Country Head at UBS Mexico, and Adrián Otero Rosiles, former CEO of Scotiabank Mexico. West Enclave's thesis centers on thin local public markets, a near-decade IPO drought in Latin America, and a backlog of mature private companies seeking access to U.S. capital. The sponsor received roughly 3.8M founder shares for $25,000, creating the standard SPAC incentive structure where insiders profit significantly if a deal closes at or near the $10.00 IPO price.