Summary of SPACs
| # | Proceeds $M | |
|---|---|---|
| SPACs seeking acquisition | 420 | 132,109 |
| SPAC announced acquisition | 149 | 45,307 |
| SPACs completed acquisition | 325 | 70,610 |
| SPACs liquidated | 90 | 12,451 |
| Total | 984 | 260,478 |
| SPAC IPO pipeline | 287 | 69,686 |
SPAC and US IPO Activity
| Year | SPAC IPOs | Total US IPOs | % | SPAC Proceeds $M | Total US IPO Proceeds $M | % |
|---|---|---|---|---|---|---|
| 2021 | 348 | 505 | 69% | 108,038 | 185,923 | 58% |
| 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 | 984 | 260,478 |
* IPOs greater than $40M, excludes direct listings.
Recent SPAC IPO Performance
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| MITAU | Coliseum | 9.90 | -1.0% |
| GPCOU | Golden Path | 10.05 | 0.5% |
| JUGGU | Jaws Juggernaut | 10.05 | 0.5% |
| TRONU | Corner Growth 2 | 10.17 | 1.7% |
| DILAU | Dila Capital | 10.02 | 0.2% |
| GSQB/U | G Squared II | 10.04 | 0.4% |
| RONI/U | Rice II | 10.26 | 2.6% |
| ZTAQU | Zimmer Energy | 10.18 | 1.8% |
| BSGAU | Blue Safari | 9.96 | -0.4% |
| HCNEU | Jaws Hurricane | 10.10 | 1.0% |
| LAAAU | Lakeshore | 10.06 | 0.6% |
| LITTU | Logistics | 10.00 | 0.0% |
| CLBR/U | Colombier | 9.90 | -1.0% |
| ISAA | Iron Spark | 9.94 | -0.6% |
| SMIHU | Summit Healthcare | 9.97 | -0.3% |
| GACQU | Global Consumer | 9.97 | -0.3% |
| SPKAU | SPK | 10.01 | 0.1% |
| DYNS | Dynamics | 9.94 | -0.6% |
| PSPC/U | Post Holdings | 10.15 | 1.5% |
| FWAC | Fifth Wall III | 10.03 | 0.3% |
| OTECU | OceanTech | 10.01 | 0.1% |
| EGGF/U | EG | 9.96 | -0.4% |
| GIWWU | GigInternational1 | 10.01 | 0.1% |
| CPARU | Catalyst Partners | 10.09 | 0.9% |
| GFOR/U | Graf IV | 9.94 | -0.6% |
| MCAEU | Mountain Crest III | 10.22 | 2.2% |
| POND/U | Angel Pond | 10.23 | 2.3% |
| RAMMU | Aries I | 10.05 | 0.5% |
| ARTAU | Artisan | 9.97 | -0.3% |
| SKYAU | Skydeck | 10.03 | 0.3% |
Top Performing SPACs
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| IRDM | Iridium | 40.73 | 640% |
| BWMX | Betterware | 41.80 | 621% |
| PRIM | Primoris | 29.55 | 576% |
| DKNG | DraftKings | 50.53 | 535% |
| LPRO | Open Lending | 41.37 | 413% |
| SPCE | Virgin Galactic | 40.82 | 406% |
| SMPL | Simply Good Foods | 36.11 | 343% |
| STEM | Stem | 35.66 | 337% |
| MP | MP Materials | 33.94 | 314% |
| PLBY | PLBY Group | 37.08 | 308% |
| CHPT | ChargePoint | 32.91 | 300% |
| QS | QuantumScape | 28.65 | 272% |
| RPAY | Repay | 24.19 | 269% |
| PRPL | Purple Innovation | 27.58 | 256% |
| AHCO | AdaptHealth | 29.25 | 252% |
| LAZY | Lazydays | 24.77 | 249% |
| DMTK | DermTech | 45.77 | 237% |
| CLVT | Clarivate | 25.64 | 227% |
| KW | Kennedy-Wilson | 20.04 | 226% |
| VRT | Vertiv | 26.98 | 221% |
| TGLS | Tecnoglass | 19.73 | 215% |
| DNMR | Danimer Scientific | 23.67 | 198% |
| TTCF | Tattooed Chef | 20.15 | 188% |
| ROIC | Retail Opportunity | 17.90 | 183% |
| CCIV | Churchill IV / Lucid | 25.06 | 178% |
| UTZ | Utz Brands | 23.68 | 177% |
| SOFI | SoFi | 21.40 | 139% |
| APPH | AppHarvest | 16.73 | 120% |
| GENI | Genius Sports | 19.33 | 119% |
| SKLZ | Skillz | 19.50 | 115% |