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%