Summary of SPACs

  # Proceeds $M
SPACs seeking acquisition 418 133,876
SPAC announced acquisition 144 46,871
SPACs completed acquisition 300 61,036
SPACs liquidated 90 12,451
Total 952 254,234
SPAC IPO pipeline 263 65,558

SPAC and US IPO Activity

Year SPAC IPOs Total IPOs % SPAC Proceeds $M Total US IPO Proceeds $M %
2021 316 438 72% 101,802 165,174 62%
2020 248 450 55% 83,353 179,356 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 952 254,234
* IPOs greater than $40M, excludes direct listings.

Recent SPAC IPO Performance

Symbol Name Price Unit Return
ORIAU Orion Biotech 10.05 0.5%
BRIVU B. Riley 250 9.99 -0.1%
DKDCU Data Knights 10.09 0.9%
IACC ION 3 9.90 -1.0%
MAQCU Maquia Capital 10.00 0.0%
VLATU Valor Latitude 10.00 0.0%
BSKYU Big Sky 10.00 0.0%
TUGCU TradeUP 9.83 -1.7%
TCVA TCV 10.02 0.2%
YTPG TPG Beneficial II 10.13 1.3%
GLSPU Global SPAC Partners 10.00 0.0%
TPGS TPG Pace Solutions 10.11 1.1%
ADF/U Aldel 9.99 -0.1%
TIOAU Tio Tech A 10.01 0.1%
MBTCU Nocturne 10.06 0.6%
TWOA two 9.84 -1.6%
MSDAU MSD 10.07 0.7%
CRZNU Corazon Capital 9.98 -0.2%
KVSB Khosla Ventures II 10.09 0.9%
KVSC Khosla Ventures III 9.91 -0.9%
RKTA/U Rocket Internet 10.12 1.2%
DCRCU Decarbonization Plus III 9.96 -0.4%
AAQC/U Accelerate 10.01 0.1%
AMAOU American 10.05 0.5%
FMIVU Forum IV 9.96 -0.4%
GXIIU GX II 9.96 -0.4%
REVHU Revolution Healthcare 10.12 1.2%
KSICU Kadem 9.98 -0.2%
CFFEU CF VIII 9.99 -0.1%
FTPAU FTAC Parnassus 10.03 0.3%

Top Performing SPACs

Symbol Name Price Unit Return
BWMX Betterware 43.40 653%
PRIM Primoris 31.23 618%
IRDM Iridium 36.56 556%
DKNG DraftKings 40.99 408%
PLBY PLBY Group 40.41 345%
LPRO Open Lending 33.87 313%
SMPL Simply Good Foods 33.18 304%
PRPL Purple Innovation 29.99 292%
CLVT Clarivate 27.39 253%
QS QuantumScape 26.55 241%
RPAY Repay 22.22 229%
KW Kennedy-Wilson 19.35 212%
AHCO AdaptHealth 26.11 210%
LAZY Lazydays 21.67 199%
MP MP Materials 24.61 190%
ROIC Retail Opportunity 17.38 173%
UTZ Utz Brands 23.24 172%
VRT Vertiv 22.21 158%
CHPT ChargePoint 20.21 131%
TTCF Tattooed Chef 16.85 122%
DMTK DermTech 29.14 104%
ARVL Arrival 17.34 103%
VINC Vincera Pharma 16.34 88%
DNMR Danimer Scientific 16.20 86%
CCIV Churchill IV / Lucid 17.25 84%
STEM Stem 16.38 80%
SPCE Virgin Galactic 15.50 68%
OPEN Opendoor 14.15 50%
SKLZ Skillz 13.73 43%
TPGY TPG Pace Beneficial / EVBox 13.33 37%