Summary of SPACs
| # | Proceeds $M | |
|---|---|---|
| SPACs seeking acquisition | 423 | 133,147 |
| SPAC announced acquisition | 147 | 46,536 |
| SPACs completed acquisition | 321 | 67,901 |
| SPACs liquidated | 90 | 12,451 |
| Total | 981 | 260,035 |
| SPAC IPO pipeline | 281 | 68,806 |
SPAC and US IPO Activity
| Year | SPAC IPOs | Total US IPOs | % | SPAC Proceeds $M | Total US IPO Proceeds $M | % |
|---|---|---|---|---|---|---|
| 2021 | 345 | 478 | 72% | 107,596 | 175,145 | 61% |
| 2020 | 248 | 450 | 55% | 83,361 | 179,364 | 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 | 981 | 260,035 |
* IPOs greater than $40M, excludes direct listings.
Recent SPAC IPO Performance
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| TRONU | Corner Growth 2 | 10.10 | 1.0% |
| DILAU | Dila Capital | 9.93 | -0.7% |
| GSQB/U | G Squared II | 10.02 | 0.2% |
| RONI/U | Rice II | 10.20 | 2.0% |
| ZTAQU | Zimmer Energy | 10.15 | 1.5% |
| BSGAU | Blue Safari | 9.95 | -0.5% |
| HCNEU | Jaws Hurricane | 10.08 | 0.8% |
| LAAAU | Lakeshore | 10.00 | 0.0% |
| LITTU | Logistics | 9.99 | -0.1% |
| CLBR/U | Colombier | 9.93 | -0.7% |
| ISAA | Iron Spark | 9.94 | -0.6% |
| SMIHU | Summit Healthcare | 9.95 | -0.5% |
| GACQU | Global Consumer | 9.93 | -0.7% |
| SPKAU | SPK | 10.07 | 0.7% |
| DYNS | Dynamics | 10.03 | 0.3% |
| PSPC/U | Post Holdings | 10.03 | 0.3% |
| FWAC | Fifth Wall III | 9.95 | -0.5% |
| OTECU | OceanTech | 10.01 | 0.1% |
| EGGF/U | EG | 9.96 | -0.4% |
| GIWWU | GigInternational1 | 10.05 | 0.5% |
| CPARU | Catalyst Partners | 10.12 | 1.2% |
| GFOR/U | Graf IV | 9.97 | -0.3% |
| MCAEU | Mountain Crest III | 10.22 | 2.2% |
| POND/U | Angel Pond | 10.00 | 0.0% |
| RAMMU | Aries I | 10.05 | 0.5% |
| ARTAU | Artisan | 9.94 | -0.6% |
| SKYAU | Skydeck | 9.98 | -0.2% |
| OSI/U | Osiris | 9.95 | -0.5% |
| ORIAU | Orion Biotech | 10.14 | 1.4% |
| DKDCU | Data Knights | 10.16 | 1.6% |
Top Performing SPACs
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| IRDM | Iridium | 40.85 | 642% |
| BWMX | Betterware | 41.59 | 617% |
| PRIM | Primoris | 29.43 | 573% |
| DKNG | DraftKings | 48.94 | 514% |
| LPRO | Open Lending | 39.98 | 395% |
| SPCE | Virgin Galactic | 36.79 | 352% |
| SMPL | Simply Good Foods | 35.99 | 342% |
| STEM | Stem | 35.48 | 335% |
| PLBY | PLBY Group | 36.90 | 306% |
| CHPT | ChargePoint | 32.99 | 302% |
| MP | MP Materials | 32.78 | 299% |
| RPAY | Repay | 24.92 | 283% |
| QS | QuantumScape | 27.10 | 249% |
| AHCO | AdaptHealth | 27.55 | 229% |
| PRPL | Purple Innovation | 25.75 | 229% |
| CLVT | Clarivate | 25.71 | 228% |
| LAZY | Lazydays | 23.05 | 221% |
| DMTK | DermTech | 43.70 | 221% |
| KW | Kennedy-Wilson | 19.47 | 214% |
| VRT | Vertiv | 26.12 | 210% |
| TTCF | Tattooed Chef | 20.94 | 204% |
| DNMR | Danimer Scientific | 23.38 | 193% |
| TGLS | Tecnoglass | 18.62 | 192% |
| ROIC | Retail Opportunity | 17.75 | 180% |
| UTZ | Utz Brands | 22.97 | 168% |
| SOFI | SoFi | 23.21 | 161% |
| CCIV | Churchill IV / Lucid | 23.56 | 160% |
| ARVL | Arrival | 18.43 | 119% |
| SKLZ | Skillz | 19.14 | 110% |
| GENI | Genius Sports | 18.35 | 106% |