Summary of SPACs

  # Proceeds $M
SPACs seeking acquisition 434 139,544
SPAC announced acquisition 124 39,700
SPACs completed acquisition 294 59,122
SPACs liquidated 90 12,451
Total 942 250,818
SPAC IPO pipeline 244 61,913

SPAC and US IPO Activity

Year SPAC IPOs Total IPOs % SPAC Proceeds $M Total US IPO Proceeds $M %
2021 306 399 77% 98,398 148,603 66%
2020 248 450 55% 83,341 179,344 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 942 250,818
* IPOs greater than $40M, excludes direct listings.

Recent SPAC IPO Performance

Symbol Name Price Unit Return
ADF/U Aldel 0.00 -1
GLSPU Global SPAC Partners 0.00 -1
TIOAU Tio Tech A 0.00 -1
TPGS TPG Pace Solutions 0.00 -1
MBTCU Nocturne 10.14 1.4%
MSDAU MSD 10.30 3.0%
TWOA two 10.00 0.0%
RKTA/U Rocket Internet 10.19 1.9%
KVSB Khosla Ventures II 10.24 2.4%
KVSC Khosla Ventures III 10.15 1.5%
CRZNU Corazon Capital 10.01 0.1%
DCRCU Decarbonization Plus III 10.08 0.8%
REVHU Revolution Healthcare 10.20 2.0%
AAQC/U Accelerate 9.98 -0.2%
AMAOU American 10.07 0.7%
FMIVU Forum IV 10.06 0.6%
GXIIU GX II 10.06 0.6%
CFFEU CF VIII 10.06 0.6%
FTPAU FTAC Parnassus 10.01 0.1%
GTPAU Gores Tech 10.18 1.8%
GTPBU Gores Tech II 10.15 1.5%
KSICU Kadem 10.00 0.0%
ROSS/U Ross II 10.00 0.0%
ATSPU Archimedes 9.95 -0.5%
FRSGU First Reserve 10.07 0.7%
IPVA/U InterPrivate II 10.00 0.0%
IPVF/U InterPrivate III 10.00 0.0%
IPVIU InterPrivate IV 10.00 0.0%
WPCB/U Warburg Pincus I-B 10.08 0.8%
WARR/U Warrior 10.01 0.1%

Top Performing SPACs

Symbol Name Price Unit Return
PRIM Primoris 34.66 704%
DKNG DraftKings 62.31 692%
IRDM Iridium 42.95 684%
BWMX Betterware 38.71 559%
QS QuantumScape 45.77 529%
LPRO Open Lending 38.56 376%
AHCO AdaptHealth 37.88 367%
DNMR Danimer Scientific 34.36 358%
PRPL Purple Innovation 34.01 353%
MP MP Materials 36.39 347%
SMPL Simply Good Foods 31.33 279%
STPK Star Peak Energy / Stem 31.14 277%
RPAY Repay 24.22 269%
DMTK DermTech 48.60 260%
SPCE Virgin Galactic 29.28 252%
KW Kennedy-Wilson 20.74 240%
CLVT Clarivate 26.24 236%
CHPT ChargePoint 27.65 230%
UTZ Utz Brands 25.25 198%
TTCF Tattooed Chef 19.19 169%
CCIV Churchill IV / Lucid 22.97 153%
VRT Vertiv 21.43 147%
OPEN Opendoor 20.51 135%
VINC Vincera Pharma 19.06 128%
APPH AppHarvest 16.98 125%
TPGY TPG Pace Beneficial / EVBox 18.10 94%
SKLZ Skillz 17.26 87%
BFLY Butterfly Network 16.65 84%
ARVL Arrival 15.22 71%
HTOO Fusion Fuel 12.59 49%