Summary of SPACs
| # | Proceeds $M | |
|---|---|---|
| SPACs seeking acquisition | 417 | 133,676 |
| SPAC announced acquisition | 144 | 46,871 |
| SPACs completed acquisition | 300 | 61,036 |
| SPACs liquidated | 90 | 12,451 |
| Total | 951 | 254,034 |
| SPAC IPO pipeline | 264 | 65,758 |
SPAC and US IPO Activity
| Year | SPAC IPOs | Total IPOs | % | SPAC Proceeds $M | Total US IPO Proceeds $M | % |
|---|---|---|---|---|---|---|
| 2021 | 315 | 437 | 72% | 101,602 | 164,974 | 62% |
| 2020 | 248 | 450 | 55% | 83,353 | 179,356 | 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 | 951 | 254,034 |
* IPOs greater than $40M, excludes direct listings.
Recent SPAC IPO Performance
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| BRIVU | B. Riley 250 | 10.00 | 0.0% |
| DKDCU | Data Knights | 10.09 | 0.9% |
| IACC | ION 3 | 9.89 | -1.1% |
| MAQCU | Maquia Capital | 9.98 | -0.2% |
| VLATU | Valor Latitude | 9.99 | -0.1% |
| BSKYU | Big Sky | 9.99 | -0.1% |
| TUGCU | TradeUP | 9.79 | -2.1% |
| TCVA | TCV | 10.15 | 1.5% |
| YTPG | TPG Beneficial II | 10.02 | 0.2% |
| GLSPU | Global SPAC Partners | 9.98 | -0.2% |
| TPGS | TPG Pace Solutions | 10.11 | 1.1% |
| ADF/U | Aldel | 10.00 | 0.0% |
| TIOAU | Tio Tech A | 10.01 | 0.1% |
| MBTCU | Nocturne | 10.06 | 0.6% |
| TWOA | two | 9.84 | -1.6% |
| MSDAU | MSD | 10.06 | 0.6% |
| CRZNU | Corazon Capital | 10.00 | 0.0% |
| KVSB | Khosla Ventures II | 10.01 | 0.1% |
| KVSC | Khosla Ventures III | 9.95 | -0.5% |
| RKTA/U | Rocket Internet | 9.98 | -0.2% |
| DCRCU | Decarbonization Plus III | 10.00 | 0.0% |
| AAQC/U | Accelerate | 9.99 | -0.1% |
| AMAOU | American | 10.06 | 0.6% |
| FMIVU | Forum IV | 9.96 | -0.4% |
| GXIIU | GX II | 9.97 | -0.3% |
| REVHU | Revolution Healthcare | 10.19 | 1.9% |
| KSICU | Kadem | 9.99 | -0.1% |
| CFFEU | CF VIII | 10.03 | 0.3% |
| FTPAU | FTAC Parnassus | 10.05 | 0.5% |
| GTPAU | Gores Tech | 10.10 | 1.0% |
Top Performing SPACs
| Symbol | Name | Price | Unit Return |
|---|---|---|---|
| BWMX | Betterware | 42.97 | 644% |
| PRIM | Primoris | 30.10 | 590% |
| IRDM | Iridium | 35.29 | 531% |
| DKNG | DraftKings | 42.11 | 423% |
| PLBY | PLBY Group | 41.49 | 356% |
| LPRO | Open Lending | 34.66 | 324% |
| PRPL | Purple Innovation | 30.49 | 300% |
| SMPL | Simply Good Foods | 32.59 | 296% |
| CLVT | Clarivate | 27.95 | 262% |
| QS | QuantumScape | 27.30 | 252% |
| RPAY | Repay | 21.68 | 219% |
| KW | Kennedy-Wilson | 19.06 | 206% |
| UTZ | Utz Brands | 25.31 | 199% |
| LAZY | Lazydays | 21.54 | 196% |
| MP | MP Materials | 24.80 | 192% |
| AHCO | AdaptHealth | 24.79 | 192% |
| ROIC | Retail Opportunity | 17.03 | 166% |
| VRT | Vertiv | 21.76 | 152% |
| CHPT | ChargePoint | 20.94 | 141% |
| TTCF | Tattooed Chef | 17.14 | 128% |
| ARVL | Arrival | 18.54 | 121% |
| DMTK | DermTech | 30.91 | 119% |
| STEM | Stem | 18.20 | 104% |
| CCIV | Churchill IV / Lucid | 17.80 | 91% |
| VINC | Vincera Pharma | 16.50 | 90% |
| DNMR | Danimer Scientific | 15.89 | 81% |
| SPCE | Virgin Galactic | 16.08 | 76% |
| OPEN | Opendoor | 15.18 | 64% |
| SKLZ | Skillz | 13.88 | 45% |
| TPGY | TPG Pace Beneficial / EVBox | 13.15 | 35% |