Summary of SPACs

  # Proceeds $M
SPACs seeking acquisition 420 132,109
SPAC announced acquisition 149 45,307
SPACs completed acquisition 325 70,610
SPACs liquidated 90 12,451
Total 984 260,478
SPAC IPO pipeline 287 69,686

SPAC and US IPO Activity

Year SPAC IPOs Total US IPOs % SPAC Proceeds $M Total US IPO Proceeds $M %
2021 348 505 69% 108,038 185,923 58%
2020 248 450 55% 83,361 179,364 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 984 260,478
* IPOs greater than $40M, excludes direct listings.

Recent SPAC IPO Performance

Symbol Name Price Unit Return
MITAU Coliseum 9.90 -1.0%
GPCOU Golden Path 10.05 0.5%
JUGGU Jaws Juggernaut 10.05 0.5%
TRONU Corner Growth 2 10.17 1.7%
DILAU Dila Capital 10.02 0.2%
GSQB/U G Squared II 10.04 0.4%
RONI/U Rice II 10.26 2.6%
ZTAQU Zimmer Energy 10.18 1.8%
BSGAU Blue Safari 9.96 -0.4%
HCNEU Jaws Hurricane 10.10 1.0%
LAAAU Lakeshore 10.06 0.6%
LITTU Logistics 10.00 0.0%
CLBR/U Colombier 9.90 -1.0%
ISAA Iron Spark 9.94 -0.6%
SMIHU Summit Healthcare 9.97 -0.3%
GACQU Global Consumer 9.97 -0.3%
SPKAU SPK 10.01 0.1%
DYNS Dynamics 9.94 -0.6%
PSPC/U Post Holdings 10.15 1.5%
FWAC Fifth Wall III 10.03 0.3%
OTECU OceanTech 10.01 0.1%
EGGF/U EG 9.96 -0.4%
GIWWU GigInternational1 10.01 0.1%
CPARU Catalyst Partners 10.09 0.9%
GFOR/U Graf IV 9.94 -0.6%
MCAEU Mountain Crest III 10.22 2.2%
POND/U Angel Pond 10.23 2.3%
RAMMU Aries I 10.05 0.5%
ARTAU Artisan 9.97 -0.3%
SKYAU Skydeck 10.03 0.3%

Top Performing SPACs

Symbol Name Price Unit Return
IRDM Iridium 40.73 640%
BWMX Betterware 41.80 621%
PRIM Primoris 29.55 576%
DKNG DraftKings 50.53 535%
LPRO Open Lending 41.37 413%
SPCE Virgin Galactic 40.82 406%
SMPL Simply Good Foods 36.11 343%
STEM Stem 35.66 337%
MP MP Materials 33.94 314%
PLBY PLBY Group 37.08 308%
CHPT ChargePoint 32.91 300%
QS QuantumScape 28.65 272%
RPAY Repay 24.19 269%
PRPL Purple Innovation 27.58 256%
AHCO AdaptHealth 29.25 252%
LAZY Lazydays 24.77 249%
DMTK DermTech 45.77 237%
CLVT Clarivate 25.64 227%
KW Kennedy-Wilson 20.04 226%
VRT Vertiv 26.98 221%
TGLS Tecnoglass 19.73 215%
DNMR Danimer Scientific 23.67 198%
TTCF Tattooed Chef 20.15 188%
ROIC Retail Opportunity 17.90 183%
CCIV Churchill IV / Lucid 25.06 178%
UTZ Utz Brands 23.68 177%
SOFI SoFi 21.40 139%
APPH AppHarvest 16.73 120%
GENI Genius Sports 19.33 119%
SKLZ Skillz 19.50 115%