SPAC and US IPO Activity
Year | SPAC IPOs | Total US IPOs | SPAC % | SPAC Proceeds $M | US IPO Proceeds $M | SPAC % |
---|---|---|---|---|---|---|
2024 | 4 | 13 | 31% | 452 | 4,643 | 10% |
2023 | 31 | 72 | 43% | 3,848 | 25,148 | 15% |
2022 | 86 | 118 | 73% | 13,431 | 22,881 | 59% |
2021 | 613 | 968 | 63% | 162,503 | 334,650 | 49% |
2020 | 248 | 450 | 55% | 83,386 | 179,389 | 46% |
2019 | 59 | 213 | 28% | 13,600 | 72,200 | 19% |
2018 | 46 | 225 | 20% | 10,750 | 63,890 | 17% |
2017 | 34 | 189 | 18% | 10,048 | 50,268 | 20% |
2016 | 13 | 111 | 12% | 3,499 | 25,779 | 14% |
2015 | 20 | 173 | 12% | 3,902 | 39,232 | 10% |
2014 | 12 | 258 | 5% | 1,750 | 93,040 | 2% |
2013 | 10 | 220 | 5% | 1,447 | 70,777 | 2% |
2012 | 9 | 147 | 6% | 490 | 50,131 | 1% |
2011 | 16 | 144 | 11% | 1,110 | 43,240 | 3% |
2010 | 7 | 166 | 4% | 503 | 50,583 | 1% |
2009 | 1 | 70 | 1% | 36 | 21,676 | 0% |
2008 | 17 | 47 | 36% | 3,842 | 30,092 | 13% |
2007 | 66 | 299 | 22% | 12,094 | 87,204 | 14% |
2006 | 37 | 214 | 17% | 3,384 | 55,754 | 6% |
2005 | 28 | 252 | 11% | 2,113 | 61,893 | 3% |
2004 | 12 | 268 | 4% | 485 | 72,865 | 1% |
2003 | 1 | 127 | 1% | 24 | 49,954 | 0% |
Total | 1,370 | 332,699 |
* IPOs greater than $40M, excludes direct listings.
Summary of SPACs
# | Proceeds $M | |
---|---|---|
Seeking acquisition | 88 | 16,692 |
Announced acquisition | 134 | 27,522 |
Completed acquisition | 698 | 167,082 |
Liquidated | 446 | 120,267 |
Total | 1,366 | 331,564 |
SPAC IPO pipeline | 51 | 5,402 |
Recent SPAC IPO Performance
Symbol | Name | Price | Unit Return |
---|---|---|---|
DYCQU | 10.17 | 1.7% | |
HLXB | 10.22 | 2.2% | |
LEGT/U | 10.11 | 1.1% | |
JVSAU | 10.25 | 2.5% | |
IROHU | 10.05 | 0.5% | |
BAYAU | 10.30 | 3.0% | |
AFJKU | 10.39 | 3.9% | |
CLBR/U | 10.39 | 3.9% | |
GLACU | 10.35 | 3.5% | |
ANSCU | 10.21 | 2.1% | |
AITRU | 10.59 | 5.9% | |
QETAU | 10.28 | 2.8% | |
SPKLU | 10.13 | 1.3% | |
NNAGU | 10.49 | 4.9% |
Top Performing SPACs
Symbol | Name | Price | Unit Return |
---|---|---|---|
VRT | 76.95 | 888% | |
PRIM | 40.32 | 845% | |
TGLS | 45.42 | 728% | |
WSC | 45.82 | 530% | |
DKNG | 43.34 | 440% | |
CERE | 42.22 | 425% | |
MLTX | 48.56 | 386% | |
DWAC | 36.00 | 383% | |
IRDM | 27.50 | 375% | |
SYM | 44.85 | 348% | |
TWNK | 33.32 | 342% | |
BLBD | 32.20 | 326% | |
SMPL | 34.54 | 322% | |
IMVT | 30.27 | 297% | |
VRRM | 24.55 | 189% | |
MGY | 24.26 | 185% | |
BWMX | 18.50 | 155% | |
IMXI | 20.80 | 154% | |
NAMS | 21.60 | 150% | |
UTZ | 17.92 | 101% | |
OWL | 17.43 | 94% | |
HPK | 15.66 | 77% | |
ROIC | 12.61 | 77% |