Summary of SPACs

  # Proceeds $M
SPACs seeking acquisition 603 162,094
SPAC announced acquisition 110 27,199
SPACs completed acquisition 489 121,255
SPACs liquidated 92 12,865
Total 1,294 323,413
SPAC IPO pipeline 222 50,826

SPAC and US IPO Activity

Year SPAC IPOs US IPOs SPAC % SPAC Proceeds $M US IPO Proceeds $M SPAC %
2022 45 56 80% 8,447 11,737 72%
2021 613 968 63% 162,501 334,648 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 1,294 323,413
* IPOs greater than $40M, excludes direct listings.

Recent SPAC IPO Performance

Symbol Name Price Unit Return
VMCAU Valuence 0.00 -1
BYNOU byNordic 9.93 -0.7%
CPAQU Counter Press 10.10 1.0%
EVGRU Evergreen 9.99 -0.1%
TGR/U Kimbell Tiger 10.05 0.5%
MURFU Murphy Canyon 10.09 0.9%
ACAXU Alset 9.99 -0.1%
BWAQU Blue World 10.02 0.2%
KYCHU Keyarch 10.02 0.2%
LATGU LatAmGrowth 9.99 -0.1%
HMA/U Heartland Media 10.01 0.1%
ACABU Atlantic Coastal II 9.96 -0.4%
PPYAU Papaya 9.99 -0.1%
WNNR/U Andretti 9.99 -0.1%
CSLMU Consilium 9.97 -0.3%
GHIXU Gores IX 9.90 -1.0%
ITAQU Industrial Tech II 9.96 -0.4%
WAVSU Western 10.05 0.5%
GMFIU Aetherium 9.97 -0.3%
WTMAU Welsbach 10.02 0.2%
AOGOU Arogo 10.02 0.2%
APCA/U AP 10.14 1.4%
RCACU Revelstone Capital 9.89 -1.1%
HAIAU Healthcare AI 10.03 0.2%
FRBNU Forbion European 9.99 -0.1%
GFGDU Growth for Good 9.95 -0.5%
XPDBU Power & Digital II 10.00 0.0%
PORT/U Southport 10.01 0.1%

Top Performing SPACs

Symbol Name Price Unit Return
DWAC Digital World / Trump Media 94.85 1265%
IRDM Iridium 39.28 611%
PRIM Primoris 23.12 416%
MP MP Materials 41.19 411%
SMPL Simply Good Foods 39.62 390%
WSC Williams Scotsman 34.42 359%
KW Kennedy-Wilson 21.26 250%
TGLS Tecnoglass 19.94 219%
ROIC Retail Opportunity 17.96 184%
DKNG DraftKings 23.59 176%
LCID Lucid 24.90 176%
MGY Magnolia Oil & Gas 22.61 163%
PACK Renpak 20.88 156%
LAZY Lazydays 18.57 148%
LFG Archaea Energy 18.95 127%
LPRO Open Lending 19.88 127%
BWMX Betterware 16.89 123%
SKIN Beauty Health 18.91 114%
RPAY Repay 16.17 108%
ASLE AerSale 15.55 96%
QS QuantumScape 16.45 89%
ENVX Enovix 16.29 87%
PLBY PLBY Group 16.23 79%
AHCO AdaptHealth 15.92 74%
CLVT Clarivate 14.33 57%
CHPT ChargePoint 14.63 57%
UTZ Utz Brands 14.61 56%
TTCF Tattooed Chef 12.78 41%
SOFI SoFi 13.21 36%
VRT Vertiv 12.59 30%