Summary of SPACs

  # Proceeds $M
SPACs seeking acquisition 532 139,217
SPAC announced acquisition 129 23,849
SPACs completed acquisition 541 135,692
SPACs liquidated 114 22,743
Total 1,316 321,501
SPAC IPO pipeline 159 31,671

SPAC and US IPO Activity

Year SPAC IPOs US IPOs SPAC % SPAC Proceeds $M US IPO Proceeds $M SPAC %
2022 79 104 76% 12,755 18,815 68%
2021 613 968 63% 162,504 334,651 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 1,328 327,723
* IPOs greater than $40M, excludes direct listings.

Recent SPAC IPO Performance

Symbol Name Price Unit Return
DMYY/U dMY Squared 9.99 -0.1%
QOMOU Qomolangma 9.98 -0.2%
GLSTU Global Star 10.04 0.4%
EFHTU EF Hutton 9.99 -0.1%
HMACU Hainan Manaslu 10.05 0.5%
EMCGU Embrace Change 10.11 1.1%
PTWOU Pono Two 10.17 1.7%
MOBVU Mobiv 10.10 1.0%
SKGRU SK Growth 10.08 0.8%
FLFVU Feutune 10.07 0.7%
ACACU Acri 10.00 0.0%
PNACU Prime Number 10.07 0.7%
MCACU Monterey 10.06 0.6%
GBBKU Global Blockchain 10.00 0.0%
IVCAU Investcorp India 10.09 0.9%
RENEU Cartesian II 10.14 1.4%
AIMAU Aimfinity 9.87 -1.3%
YOTAU Yotta 9.90 -1.0%
AFARU Aura FAT Projects 10.09 0.9%
DECAU Denali 10.12 1.2%
MSSAU Metal Sky Star 10.07 0.7%
RFACU RF 9.91 -0.9%
GDSTU Goldenstone / Roxe 10.35 3.5%
NUBIU Nubia Brand 10.02 0.2%
PLAOU Patria 10.23 2.3%
LBBBU Lakeshore II / Nature’s Miracle 10.20 2.0%
SHUAU SHUAA Partners 10.14 1.4%
SPCMU Sound Point 10.22 2.2%
PWUPU PowerUp 10.16 1.6%
BYNOU byNordic 10.05 0.5%

Top Performing SPACs

Symbol Name Price Unit Return
IRDM Iridium 47.90 783%
WSC Williams Scotsman 43.36 493%
SMPL Simply Good Foods 32.51 295%
PRIM Primoris 18.08 289%
TGLS Tecnoglass 22.91 278%
MP MP Materials 30.43 267%
CERE Cerevel Therapeutics 28.64 244%
HPK HighPeak Energy 25.49 225%
TWNK Hostess Brands 25.10 219%
IMXI Intermex Wire Transfer 25.04 218%
ASLE AerSale 19.77 180%
MGY Magnolia Oil & Gas 22.31 159%
ENVX Enovix 20.40 148%
KW Kennedy-Wilson 16.10 147%
LFG Archaea Energy 19.86 140%
GDYN Grid Dynamics 19.81 140%
AHCO AdaptHealth 20.24 132%
ROIC Retail Opportunity Investments (ROI) 14.43 114%
DWAC Digital World / Trump Media 17.22 101%
FREY FREYR AS 16.25 86%
DKNG DraftKings 16.82 86%
CHPT ChargePoint 16.19 78%
BIOX Bioceres 13.52 69%
UTZ Utz Brands 15.00 62%
LCID Lucid 15.35 61%
LAZY Lazydays 13.04 57%
STEM Stem 14.19 51%
SKIN Beauty Health 13.03 35%
BOWL Bowlero 12.75 32%
TH Target Hospitality 12.71 31%