Summary of SPACs
| # | Proceeds $M | |
|---|---|---|
| SPACs seeking acquisition | 398 | 102,267 |
| SPAC announced acquisition | 153 | 30,725 |
| SPACs completed acquisition | 566 | 139,916 |
| SPACs liquidated | 160 | 38,379 |
| Total | 1,277 | 311,288 |
| SPAC IPO pipeline | 144 | 28,306 |
SPAC and US IPO Activity
| Year | SPAC IPOs | US IPOs | SPAC % | SPAC Proceeds $M | US IPO Proceeds $M | SPAC % |
|---|---|---|---|---|---|---|
| 2022 | 83 | 108 | 77% | 13,204 | 19,264 | 69% |
| 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 | 1,332 | 328,171 |
* IPOs greater than $40M, excludes direct listings.
Recent SPAC IPO Performance
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| PLTNU | Plutonian | 10.09 | 0.9% |
| TENKU | TenX Keane | 10.24 | 2.4% |
| SVIIU | Spring Valley II | 10.33 | 3.3% |
| HUDAU | Hudson | 10.19 | 1.9% |
| AQUNU | Aquaron | 10.16 | 1.6% |
| DMYY/U | dMY Squared | 10.06 | 0.6% |
| QOMOU | Qomolangma | 10.06 | 0.6% |
| GLSTU | Global Star | 10.14 | 1.4% |
| EFHTU | EF Hutton | 10.10 | 1.0% |
| HMACU | Hainan Manaslu / Able View | 10.24 | 2.4% |
| EMCGU | Embrace Change | 10.24 | 2.4% |
| PTWOU | Pono Two | 10.33 | 3.3% |
| MOBVU | Mobiv | 10.12 | 1.2% |
| SKGRU | SK Growth | 10.25 | 2.5% |
| FLFVU | Feutune | 10.13 | 1.3% |
| ACACU | Acri | 10.12 | 1.2% |
| PNACU | Prime Number | 9.94 | -0.6% |
| MCACU | Monterey | 10.21 | 2.1% |
| GBBKU | Global Blockchain | 10.00 | 0.0% |
| IVCAU | Investcorp India | 10.30 | 3.0% |
| RENEU | Cartesian II | 10.23 | 2.3% |
| AIMAU | Aimfinity | 10.09 | 0.9% |
| YOTAU | Yotta / NaturalShrimp (OTCQB: SHMP) | 10.09 | 0.9% |
| AFARU | Aura FAT Projects | 10.19 | 1.9% |
| DECAU | Denali | 10.27 | 2.7% |
| MSSAU | Metal Sky Star | 9.91 | -0.9% |
| RFACU | RF | 10.07 | 0.7% |
| GDSTU | Goldenstone | 10.09 | 0.9% |
| NUBIU | Nubia Brand | 10.15 | 1.5% |
| PLAOU | Patria | 10.29 | 2.9% |
Top Performing SPACs
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| IRDM | Iridium | 50.51 | 835% |
| WSC | Williams Scotsman | 46.63 | 542% |
| TGLS | Tecnoglass | 29.77 | 415% |
| PRIM | Primoris | 21.23 | 368% |
| SMPL | Simply Good Foods | 37.48 | 361% |
| MP | MP Materials | 30.85 | 273% |
| LFG | Archaea Energy | 25.88 | 231% |
| TWNK | Hostess Brands | 24.68 | 213% |
| CERE | Cerevel Therapeutics | 26.10 | 210% |
| DWAC | Digital World / Trump Media | 21.50 | 165% |
| IMXI | Intermex Wire Transfer | 21.06 | 158% |
| MGY | Magnolia Oil & Gas | 22.15 | 157% |
| KW | Kennedy-Wilson | 16.41 | 153% |
| AHCO | AdaptHealth | 21.77 | 152% |
| HPK | HighPeak Energy | 20.36 | 148% |
| ROIC | Retail Opportunity Investments (ROI) | 15.61 | 137% |
| UTZ | Utz Brands | 18.14 | 104% |
| ASLE | AerSale | 15.41 | 93% |
| TH | Target Hospitality | 15.88 | 73% |
| LAZY | Lazydays | 13.93 | 71% |
| DKNG | DraftKings | 13.96 | 48% |
| VRT | Vertiv | 13.64 | 44% |
| INSE | Inspired Entertainment | 12.23 | 38% |
| BIOX | Bioceres | 12.00 | 37% |
| BOWL | Bowlero | 12.63 | 30% |
| ENVX | Enovix | 11.62 | 17% |
| GDYN | Grid Dynamics | 11.33 | 12% |
| OWL | Blue Owl Capital | 11.12 | 10% |
| FREY | FREYR AS | 10.95 | 7% |
| ZGN | Ermenegildo Zegna | 10.70 | 4% |