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%