SPAC Statistics

SPAC IPO Transactions – Summary by Year

For complete profiles on each individual SPAC IPO, please visit the SPAC Profiles page and click on a name.

YearIPO
Count
Gross
Proceeds
(mms)
Average
IPO Size
(mms)
202010$2,930.5$293.1
201959$13,600.3$230.5
201846$10,751.9$233.7
201734$10,048.5$295.5
201613$3,499.2$269.2
201520$3,902.9$195.1
201412$1,739.2$144.9
201310$1,447.4$144.7
20129$490.5$54.5
201115$1,081.5$72.1
20107$496.5$70.9
20091$36.0$36.0
TOTAL236$50,024.4

 *   Includes over-allotment proceeds
**  Last updated February 25, 2020 6:18PM ET

 

SPAC Status by Year of IPO

Reflects where in the deal process all SPACs that completed their IPO in a given year are currently
(updated daily).

YearFiled
for
IPO
Searching
Announced
CompletedLiquidatedTOTAL
SPACs
TOTAL5811911323241
202051000015
2019---5153059
2018---191017046
2017---1426334
2016---------12113
2015---------17320
2014---------8412
2013---------8210
2012---------639
2011---------12315
2010---------347
2009---------101

Summary of Funds Raised

Hover over a data point to see yearly figures.

 *  2020: as of February 25, 2020 6:18PM ET

SPACs Seeking a Target/Announced:  Share Price vs. Time Left to Complete (Years)

* Updated daily


Annualized Rate of Return (ARR)

NOTE: “Separated Unit” equals the total of the close price of the share + warrant + right (if applicable). Example: unit purchased at IPO = $10.00.  Current close price of: the share = $9.75; the warrant = $0.60.  Value of the unit post-separation = $10.35

All data is sort-able by clicking on the arrow keys (Δ∇) in the column headers.

Universe: SPACs Seeking a Target
Date of IPONameSymbolROIARR
High
Average
Median
Low
16.5%
6.0%
5.4%
0.7%
61.2%
10.4%
6.6%
1.3%
2019-12-13Healthcare Merger Corp.HCCO6.9%61.2%
2019-12-11LIV Capital Acquisition Corp.LIVK1.8%13.1%
2019-11-26Alussa Energy Acquisition Corp.ALUS3.2%18.7%
2019-11-22CHP Merger Corp.CHPM9.3%56.6%
2019-11-22PropTech Acquisition CorporationPTAC3.5%19.1%
2019-11-20Software Acquisition Corp.SAQN3.3%17.1%
2019-11-20Amplitude Healthcare Acquisition Corp.AMHC3.2%16.8%
2019-11-19GreenVision Acquisition Corp.GRNV2.3%11.7%
2019-11-08Juniper Industrial Holdings, Inc.JIH4.3%19.5%
2019-11-08Stable Road Acquisition Corp.SRAC4.0%18.1%
2019-11-05Merida Merger Corp. IMCMJ0.8%3.3%
2019-11-01FinServ Acquisition Corp.FSRV4.4%18.4%
2019-11-01Osprey Technology Acquisition Corp.SFTW4.1%17.3%
2019-10-18Union Acquisition Corp. IILATN1.6%5.7%
2019-10-18Galileo Acquisition Corp.GLEO2.4%8.4%
2019-09-17Apex Technolgoy Acquisition Corp.APTX6.5%18.1%
2019-09-13Experience Investment Corp.EXPC4.8%12.7%
2019-09-11New Providence Acquisition Corp.NPA4.4%11.5%
2019-08-09Thunder Bridge Acquisition II, Ltd.THBR5.5%11.7%
2019-08-08Silver Spike Acquisition Corp.SSPK2.8%5.7%
2019-08-02Orisun Acquisition Corp.ORSN2.4%4.8%
2019-07-31NetFin Acquisition Corp.NFIN5.3%10.7%
2019-07-26Switchback Energy Acquisition Corp.SBE2.2%4.2%
2019-07-25Fellazo Inc.FLLC2.2%4.2%
2019-07-18Conyers Park II Acquisition Corp.CPAA12.9%24.9%
2019-07-18Oaktree Acquisition Corp.OAC5.8%11.0%
2019-07-12SC Health CorporationSCPE5.4%9.9%
2019-07-12Tuscan Holdings Corp. IITHCA0.7%1.3%
2019-07-12Pivotal Investment Corporation IIPIC3.0%5.4%
2019-06-27Churchill Capital Corp. IICCX15.3%26.7%
2019-06-20South Mountain Merger Corp.SMMC5.1%8.3%
2019-06-07Haymaker Acquisition Corp. IIHYAC7.0%10.8%
2019-06-06GigCapital2, Inc.GIX7.1%10.9%
2019-05-30Proficient Alpha Acquisition Corp.PAAC5.0%7.4%
2019-05-21Gx Acquistion Corp.GXGX4.9%7.0%
2019-05-14AGBA Acquisition LimitedAGBA3.2%4.5%
2019-05-07Landcadia Holdings IILCA2.8%3.8%
2019-04-04Replay Acquisition Corp.RPLA4.7%5.7%
2019-03-20Insurance Acquisition Corp.INSU6.6%7.6%
2019-03-15Trine Acquisition Corp.TRNE5.6%6.3%
2019-03-08Crescent Acquisition Corp.CRSA5.5%6.0%
2019-03-05Tuscan Holdings Corp.THCB4.6%5.0%
2019-03-01Tortoise Acquisition Corp.SHLL3.5%3.8%
2019-02-28DiamondPeak Holdings Corp.DPHC3.7%4.0%
2019-02-28Hennessy Capital Acquisition Corp. IVHCAC9.4%10.2%
2019-02-22Acamar Partners Acquisition Corp.ACAM4.5%4.8%
2019-02-08RMG Acquisition Corp.RMG3.0%3.0%
2019-02-01Gores MetropoulosGMHI11.8%11.8%
2019-01-29Andina Acquisition Corp. IIIANDA6.7%6.6%
2018-12-13CF Finance Acquisition Corp.CFFA11.4%9.9%
2018-12-11Schultze Special Purpose Acquisition Corp.SAMA5.5%4.8%
2018-11-16Fintech Acquisition Corp. IIIFTAC9.7%7.9%
2018-11-16AMCI Acquisition Corp.AMCI6.2%5.1%
2018-10-24Alberton Acquisition Corporation*ALAC6.8%5.3%
2018-10-16Graf Industrial Corp.GRAF5.9%4.5%
2018-10-05Collier Creek HoldingsCCH13.9%10.3%
2018-10-05Arya Science Acquisition Corp.ARYA16.5%12.2%
2018-08-29Longevity Acquisition Corporation*LOAC8.5%5.9%
2018-08-24Megalith Financial Acquisition Corp.MFAC7.6%5.2%
2018-08-21Tenzing Acquisition Corp.TZAC7.3%5.0%
2018-08-10Spartan Energy Acquisition CorpSPAQ4.5%3.0%
2018-08-03Forum Merger II CorporationFMCI9.8%6.4%
2018-08-02Tottenham Acquisition I Limited*TOTA8.6%5.6%
2018-06-20LF Capital Acquisition Corp.LFAC9.0%5.5%
2018-05-29Trident Acquisition Corp.*TDAC6.7%3.9%
2018-05-16VectoIQ Acquisition Corp.VTIQ10.9%6.2%
2018-03-13Opes Acquisition Corp.*OPES7.6%3.9%
2018-02-12Leo Holdings Corp.LHC8.0%4.0%
2017-11-20Big Rock Partners Acquisition Corp.*BRPA10.0%4.4%

*  Extended Deadline
1 – All ROIs and ARRs calculated using closing prices as of February 1, 2020.  Data updated monthly.

2 – IPO value = $10.00
3 – ARRs for SPACs less than one year from IPO date are considered “projecting” and only provided as a reference.

 

Universe: SPACs Announced an Acquisition
Date of IPONameSymbolROIARR
High
Average
Median
Low
60.3%
13.2%
9.8%
5.8%
90.2%
10.8%
6.0%
3.5%
2019-03-288i Enterprises Acquisition Corp.JFK11.1%13.2%
2019-04-26Act II Global Acquisition Corp.ACTT7.7%10.1%
2018-07-03Allegro Merger Corp.*ALGR8.5%5.3%
2018-11-16Boxwood Merger CorpBWMC10.5%8.5%
2019-04-09B. Riley Principal Merger Corp.BRPM8.7%10.7%
2018-10-05ChaSerg Technolgy Acquisition CorpCTAC22.8%16.8%
2018-10-11DD3 Acquisition Corp.DDMX7.5%5.6%
2019-05-10Diamond Eagle Acquisition Corp.DEAC60.3%90.2%
2018-10-05EdtechX Holdings Acquisition Corp.EDTX6.8%5.1%
2018-06-12Far Point Acquisition CorporationFPAC12.4%7.4%
2018-01-24Gordon Pointe Acquisition Corp.*GPAQ10.0%4.8%
2018-09-07Gores Holdings III, Inc.GRSH10.4%7.3%
2018-06-08GS Acquisition Holdings Corp.GSAH34.2%19.5%
2018-06-28HL Acquisitions Corp.*HCCH11.0%6.7%
2017-06-01KBL Merger Co. IV*KBLM9.6%3.5%
2017-11-16Legacy Acquisition Corp.*LGC9.6%4.2%
2017-12-01Leisure Acquisition Corp.*LACQ8.6%3.9%
2019-02-07Monocle Acquisition CorporationMNCL9.8%9.9%
2018-02-07Mudrick Capital Acquisition CorporationMUDS10.8%5.3%
2018-01-09Nebula Acquisition Corp.*NEBU12.1%5.7%
2017-07-27Pensare Acquisition Corp.*WRLS9.5%3.7%
2018-04-12Pure Acquisition Corp.*PACQ9.2%5.0%
2018-03-15Tiberius Acquisition CorporationTIBR16.9%8.6%
2018-08-16TKK Symphony Acquisition CorporationTKKS5.8%3.9%
2019-02-06Wealthbridge Acquisition Limited*HHHH5.9%6.0%

*  Extended Deadline
1 – All  ROIs and ARRs calculated using closing prices as of February 1, 2020.  Data updated monthly.

2 – IPO value = $10.00