Summary of SPACs

  # Proceeds $M
SPACs seeking acquisition 591 158,710
SPAC announced acquisition 114 30,691
SPACs completed acquisition 474 117,472
SPACs liquidated 91 12,520
Total 1,270 319,393
SPAC IPO pipeline 241 54,116

SPAC and US IPO Activity

Year SPAC IPOs US IPOs SPAC % SPAC Proceeds $M US IPO Proceeds $M SPAC %
2022 21 26 81% 4,572 6,058 75%
2021 613 968 63% 162,357 334,504 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 1,270 319,393
* IPOs greater than $40M, excludes direct listings.

Recent SPAC IPO Performance

Symbol Name Price Unit Return
ACABU Atlantic Coastal II 9.99 -0.1%
PPYAU Papaya 10.02 0.2%
WNNR/U Andretti 10.00 0.0%
CSLMU Consilium 10.02 0.2%
GHIXU Gores IX 10.00 0.0%
ITAQU Industrial Tech II 9.98 -0.2%
WAVSU Western 10.00 0.0%
WTMAU Welsbach 9.95 -0.5%
GMFIU Aetherium 10.01 0.1%
AOGOU Arogo 9.99 -0.1%
APCA/U AP 10.08 0.8%
RCACU Revelstone Capital 9.93 -0.7%
HAIAU Healthcare AI 9.97 -0.3%
FXCOU Financial Strategies 0.00 -1
FRBNU Forbion European 10.00 0.0%
GFGDU Growth for Good 9.95 -0.5%
XPDBU Power & Digital II 9.98 -0.2%
PORT/U Southport 9.99 -0.1%

Top Performing SPACs

Symbol Name Price Unit Return
DWAC Digital World / Trump Media 73.12 939%
IRDM Iridium 35.40 533%
PRIM Primoris 25.17 467%
MP MP Materials 39.33 386%
SMPL Simply Good Foods 35.43 334%
LCID Lucid 37.75 330%
KW Kennedy-Wilson 22.22 269%
BWMX Betterware 23.07 246%
GDYN Grid Dynamics 26.55 241%
TGLS Tecnoglass 19.33 207%
ROIC Retail Opportunity 18.21 189%
VRT Vertiv 21.34 146%
DKNG DraftKings 19.46 121%
LAZY Lazydays 16.95 121%
LPRO Open Lending 18.53 109%
AHCO AdaptHealth 18.40 107%
RPAY Repay 15.66 98%
LFG Archaea Energy 16.76 94%
CLVT Clarivate 16.39 88%
ENVX Enovix 16.15 85%
QS QuantumScape 15.72 78%
PLBY PLBY Group 16.17 78%
ASLE AerSale 14.41 73%
UTZ Utz Brands 15.64 70%
SOFI SoFi 13.89 45%
SKIN Beauty Health 13.64 44%
CHPT ChargePoint 13.22 38%
TTCF Tattooed Chef 12.61 37%
STEM Stem 12.51 28%
MTTR Matterport 10.33 1%