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%