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% |