SPAC and US IPO Activity
Year | SPAC IPOs | Total US IPOs | SPAC % | SPAC Proceeds $M | US IPO Proceeds $M | SPAC % |
---|---|---|---|---|---|---|
2024 | 6 | 24 | 25% | 648 | 9,034 | 7% |
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 | 1,372 | 332,894 |
* IPOs greater than $40M, excludes direct listings.
Summary of SPACs
# | Proceeds $M | |
---|---|---|
Seeking acquisition | 90 | 16,842 |
Announced acquisition | 130 | 26,675 |
Completed acquisition | 701 | 167,699 |
Liquidated | 448 | 120,712 |
Total | 1,369 | 331,929 |
SPAC IPO pipeline | 49 | 5,392 |
Recent SPAC IPO Performance
Symbol | Name | Price | Unit Return |
---|---|---|---|
IBACU | 10.01 | 0.1% | |
BKHAU | 10.14 | 1.4% | |
DYCQU | 10.16 | 1.6% | |
HLXB | 10.31 | 3.1% | |
LEGT/U | 10.13 | 1.3% | |
JVSAU | 10.30 | 3.0% | |
IROHU | 10.22 | 2.2% | |
BAYAU | 10.25 | 2.5% | |
AFJKU | 10.87 | 8.7% | |
CLBR/U | 10.43 | 4.3% | |
GLACU | 10.40 | 4.0% | |
ANSCU | 10.25 | 2.5% | |
AITRU | 10.43 | 4.3% | |
QETAU | 10.28 | 2.8% |
Top Performing SPACs
Symbol | Name | Price | Unit Return |
---|---|---|---|
VRT | 82.02 | 955% | |
PRIM | 42.52 | 900% | |
TGLS | 52.58 | 872% | |
DJT | 65.39 | 823% | |
WSC | 46.09 | 534% | |
LMB | 41.78 | 511% | |
DKNG | 45.54 | 469% | |
CERE | 42.26 | 425% | |
BLBD | 38.23 | 416% | |
MLTX | 49.04 | 390% | |
SYM | 45.37 | 354% | |
IRDM | 26.33 | 352% | |
TWNK | 33.32 | 342% | |
IMVT | 31.98 | 322% | |
SMPL | 34.07 | 316% | |
MGY | 25.57 | 203% | |
VRRM | 24.94 | 194% | |
IMXI | 23.08 | 189% | |
BWMX | 19.98 | 185% | |
NAMS | 22.91 | 167% | |
OWL | 19.09 | 116% | |
UTZ | 18.48 | 108% | |
ROIC | 12.86 | 82% |