Summary of SPACs
| # | Proceeds $M | |
|---|---|---|
| SPACs seeking acquisition | 479 | 136,676 |
| SPAC announced acquisition | 119 | 34,915 |
| SPACs completed acquisition | 422 | 101,527 |
| SPACs liquidated | 90 | 12,451 |
| Total | 1,110 | 285,569 |
| SPAC IPO pipeline | 289 | 66,749 |
SPAC and US IPO Activity
| Year | SPAC IPOs | US IPOs | SPAC % | SPAC Proceeds $M | US IPO Proceeds $M | SPAC % |
|---|---|---|---|---|---|---|
| 2021 | 474 | 759 | 62% | 133,105 | 263,842 | 50% |
| 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 | 1,110 | 285,569 |
* IPOs greater than $40M, excludes direct listings.
Recent SPAC IPO Performance
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| AVACU | Avalon | 10.02 | 0.2% |
| DMYS/U | dMY V | 10.11 | 1.1% |
| NFYS/U | Enphys | 9.85 | -1.5% |
| PCXCU | Parsec | 10.14 | 1.4% |
| PBAXU | Phoenix Biotech | 10.11 | 1.1% |
| ARTEU | Artemis | 10.02 | 0.2% |
| MEKA | MELI Kaszek | 12.90 | 29.0% |
| GATEU | Marblegate | 9.95 | -0.5% |
| MTRYU | Monterey Bio | 10.14 | 1.4% |
| HPLTU | Home Plate | 9.95 | -0.5% |
| HCVIU | Hennessy VI | 9.96 | -0.4% |
| BACA/U | Berenson | 9.88 | -1.2% |
| PRBM/U | Parabellum | 9.97 | -0.3% |
| ARGUU | Argus Capital | 10.12 | 1.2% |
| HHGCU | HHG | 10.25 | 2.5% |
| LOCC/U | Live Oak Crestview | 9.87 | -1.3% |
| IPAXU | Inflection Point | 9.90 | -1.0% |
| FLYA/U | Soar | 10.17 | 1.7% |
| BNIXU | Bannix | 10.26 | 2.6% |
| FLAG/U | First Light | 9.98 | -0.2% |
| BNNRU | Banner | 9.99 | -0.1% |
| FHLTU | Future Health ESG | 9.97 | -0.3% |
| SLVRU | SILVERspac | 9.99 | -0.1% |
| OXUSU | Oxus | 10.27 | 2.7% |
| DTRTU | DTRT Health | 10.14 | 1.4% |
| CNDA/U | Concord II | 9.95 | -0.5% |
| REVEU | Alpine | 10.18 | 1.8% |
| CHWAU | CHW | 10.08 | 0.8% |
| INAQ/U | Insight | 9.97 | -0.3% |
| MEOAU | Minority Equality | 10.23 | 2.3% |
Top Performing SPACs
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| IRDM | Iridium | 39.61 | 617% |
| DKNG | DraftKings | 48.65 | 510% |
| PRIM | Primoris | 26.45 | 499% |
| BWMX | Betterware | 34.80 | 481% |
| TGLS | Tecnoglass | 26.35 | 347% |
| CERE | Cerevel Therapeutics | 36.20 | 344% |
| SMPL | Simply Good Foods | 35.23 | 331% |
| LPRO | Open Lending | 34.39 | 320% |
| MP | MP Materials | 34.06 | 316% |
| GDYN | Grid Dynamics | 30.60 | 302% |
| KW | Kennedy-Wilson | 22.58 | 277% |
| RPAY | Repay | 22.64 | 238% |
| SKIN | Beauty Health | 26.95 | 221% |
| LAZY | Lazydays | 22.61 | 214% |
| QS | QuantumScape | 24.68 | 213% |
| ROIC | Retail Opportunity | 18.45 | 194% |
| AHCO | AdaptHealth | 24.84 | 193% |
| OPEN | Opendoor | 24.16 | 184% |
| LCID | Lucid | 25.34 | 181% |
| CLVT | Clarivate | 22.12 | 174% |
| VRT | Vertiv | 23.22 | 171% |
| PLBY | PLBY Group | 24.66 | 171% |
| ENVX | Enovix | 20.84 | 155% |
| STEM | Stem | 22.00 | 155% |
| PRPL | Purple Innovation | 20.54 | 151% |
| TTCF | Tattooed Chef | 17.40 | 133% |
| SOFI | SoFi | 20.85 | 132% |
| CHPT | ChargePoint | 19.91 | 127% |
| SPCE | Virgin Galactic | 19.72 | 125% |
| DMTK | DermTech | 31.14 | 120% |