SPAC IPO Transactions 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.

Year	IPO Count	Gross Proceeds(mms)	Average IPO Size(mms)
2009	1	36.0	36.0
2010	7	502.5	71.8
2011	15	1,081.5	72.1
2012	9	490.5	54.5
2013	10	1,455.3	145.5
2014	12	1,749.8	145.8
2015	20	3,902.5	195.1
2016	13	3,499.2	269.2
2017	34	10,048.5	295.5
2018	46	10,751.9	233.7
2019	59	13,608.3	230.6
2020	248	83,379.3	336.2
2021	613	162,502.6	265.1
2022	86	13,430.7	156.2
2023	31	3,848.0	124.1
2024	34	5,867.3	172.6
	Total 1,238	Total 316,153.7

SPAC IPO Terms Tracker

(Tracks positive or net changes to terms for SPACS that have yet to IPO using a baseline of 50. Above 50 = terms are loosening. Below 50 = terms are tightening)

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SPAC Yield-to-Maturity Tracker

(Tracks weekly Median Yield-to-Maturity (YTM) for the category “SPAC Currently Searching for Targets”)

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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).

Year	Filed for IPO	Searching	Announced	Completed	Liquidated
2009	0	0	0	1	0
2010	0	0	0	3	4
2011	0	0	0	12	3
2012	0	0	0	6	3
2013	0	0	0	8	2
2014	0	0	0	8	4
2015	0	0	0	17	3
2016	0	0	0	11	2
2017	0	0	0	31	3
2018	0	0	0	44	2
2019	0	0	0	56	3
2020	0	1	1	181	65
2021	3	35	59	219	300
2022	2	15	27	31	13
2023	4	12	16	2	1
2024	28	32	2	0	0
	Total 37	Total 95	Total 105	Total 630	Total 408

Summary of Funds Raised

Hover over a data point to see yearly figures.

* 2021 as of: Oct 02, 2024 1:35 AM ET

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 (?/?) in the column headers.

Universe: SPACs Seeking a Target

Date of IPO	Name	Symbol	ROI	ARR
2024-03-26	IB Acquisition Corp.	IBAC	0.9	-0.2
2022-08-09	Embrace Change Acquisition Corp. *	EMCG	15.5	4.8
2021-11-05	New Providence Acquisition Corp. II *	NPAB	12.2	2.8
2024-02-06	Legato Merger Corp. III	LEGT	2.7	4.2
2024-02-09	Helix Acquisition Corp. II	HLXB
2024-09-12	Future Vision II Acquisition Corp.	FVN
2024-05-17	RF Acquisition Corp II	RFAI	1.8	2.1
2024-08-01	M3-Brigade Acquisition V Corp.	MBAV	0.6	-2.2
2021-12-01	Capitalworks Emerging Markets Acquisition Corp *	CMCAF	11.4	2.6
2024-08-01	AA Mission Acquisition Corp.	AAM	0.4	-3.0
2021-12-16	Ault Disruptive Technologies Corporation *	ADRT	12.6	3.4
2021-11-01	Vision Sensing Acquisition Corp. *	VSAC	16.0	4.3
2021-10-06	Enphys Acquisition Corp. *	NFSCF	10.6	3.4
2021-06-17	Corner Growth Acquisition Corp. 2 *	TRON	15.1	4.3
2023-10-06	Spark I Acquisition Corporation	SPKL	5.5	4.5
2022-01-12	Gores Holdings IX, Inc. *	GHIX	6.1	2.2
2024-06-11	Centurion Acquisition Corp.	ALF	0.8	2.4
2021-02-05	RMG Acquisition Corp. III *	RMGCF	-1.8	-0.5
2021-01-27	Constellation Acquisition Corp I *	CSTAF	15.0	3.8
2021-02-02	Jaws Mustang Acquisition Corporation *	JWSM	13.1	3.4
2024-02-21	DT Cloud Acquisition Corporation	DYCQ	5.5	7.4
2021-11-04	Liberty Resources Acquisition Corp. *	LIBY	10.9	2.7
2021-10-29	SDCL EDGE Acquisition Corporation *	SEDA	13.4	3.8
2021-03-04	Atlantic Coastal Acquisition Corp. *	ACAH	4.6	1.2
2024-06-18	Flag Ship Acquisition Corporation	FSHP	1.5	5.1
2023-06-14	ESH Acquisition Corp.	ESHA	6.8	2.9
2021-12-09	Target Global Acquisition I Corp. *	TGAA	12.4	2.9
2021-11-03	Onyx Acquisition Co. I *	ONYX	12.7	2.9
2023-07-26	Haymaker Acquisition Corp. 4	HYAC	8.9	5.7
2024-06-26	Graf Global Corp.	GRAF	0.6	2.2
2022-09-30	Qomolangma Acquisition Corp. *	QOMO	17.1	6.8
2023-02-28	SilverBox Corp III *	SBXC	7.7	3.6
2024-03-21	Black Hawk Acquisition Corporation	BKHA	13.4	24.0
2021-12-15	EVe Mobility Acquisition Corp *	EVE	10.8	2.4
2022-05-10	Investcorp India Acquisition Corp *	IVCA	14.7	3.6
2024-05-02	Churchill Capital Corp IX	CCIX	1.3	3.1
2022-02-09	byNordic Acquisition Corporation *	BYNO	13.7	3.6
2021-01-29	BlueRiver Acquisition Corp. *	BLUAF	5.5	1.5
2023-11-14	Global Lights Acquisition Corp	GLAC	6.3	6.0
2022-03-10	Patria Latin American Opportunity Acquisition Corp. *	PLAO	15.4	3.6
-0001-11-30	Pershing Square SPARC Holdings, Ltd.
2023-11-21	Colombier Acquisition Corp. II	CLBR	3.4	3.9
2021-12-16	Spree Acquisition Corp. 1 Limited *	SACQF	10.1	2.2
2024-08-16	SilverBox Corp IV	SBXD
2022-05-06	Cartesian Growth Corporation II *	RENE	14.0	3.3
2021-11-09	DP Cap Acquisition Corp I *	DPCS	13.8	3.3
2022-01-20	Generation Asia I Acquisition Limited *	GAQ	11.8	3.5
2021-10-21	Global Technology Acquisition Corp. I *	GTAC	15.0	3.6
2022-09-30	dMY Squared Technology Group, Inc. *	DMYY	6.8	1.9
2023-10-06	Quetta Acquisition Corporation *	QETA	17.7	15.8
2022-03-01	Valuence Merger Corp. I *	VMCA	14.5	3.3
2021-02-09	Crown PropTech Acquisitions *	CPTK	7.8	2.1
2021-08-26	Clean Energy Special Situations Corp. *	SWSS	5.0	0.9
2024-07-02	Eureka Acquisition Corp	EURK	2.9	11.6
2021-11-30	Canna-Global Acquisition Corp *	CNGL	9.8	2.4
2021-11-05	Mountain & Co. I Acquisition Corp. *	MCAA	16.2	3.5
2024-07-12	Launch One Acquisition Corp.	LPAA	0.2	0.9
2022-01-14	Papaya Growth Opportunity Corp. I *	PPYA	10.4	2.4
2024-08-07	EQV Ventures Acquisition Corp.	EQV	-0.3	-1.8
2022-04-01	Metal Sky Star Acquisition Corporation *	MSSA	15.3	5.8
2024-07-10	SIM Acquisition Corp. I	SIMA	0.3	1.4
2024-09-20	Cayson Acquisition Corp	CAPN
2021-12-15	Investcorp Europe Acquisition Corp I *	IVCB	17.3	4.6
2023-01-13	Israel Acquisitions Corp *	ISRL	11.5	4.3
2021-11-18	bleuacacia ltd *	BLEU	10.3	3.5
2021-12-15	Pearl Holdings Acquisition Corp *	PRLH	11.3	2.6
2024-09-06	Vine Hill Capital Investment Corp.	VCIC
2023-03-17	Four Leaf Acquisition Corporation *	FORL	9.8	2.6
2021-09-10	Future Health ESG Corp. *	FHLT	9.8	2.8
2021-11-10	Blockchain Coinvestors Acquisition Corp. I *	BCSA	14.9	3.7
2024-05-09	GP-Act III Acquisition Corp.	GPAT	1.3	3.2
2021-07-29	International Media Acquisition Corp. *	IMAQ	9.7	2.9
2021-12-16	CF Acquisition Corp. VII *	CFFS	10.8	2.4
2024-06-12	Perceptive Capital Solutions Corp	PCSC
2024-08-29	GigCapital7 Corp.	GIG	-0.5	-4.8
2021-12-10	Athena Technology Acquisition Corp. II *	ATEK	16.2	4.8
2024-08-09	Voyager Acquisition Corp.	VACH	0.2	-5.0
2021-11-24	Everest Consolidator Acquisition Corporation *	MNTN	13.5	3.2
2023-05-05	Alchemy Investments Acquisition Corp 1	ALCY	9.0	4.2
2021-12-01	TLGY Acquisition Corporation *	TLGY	14.9	3.7
2024-06-18	Melar Acquisition Corp. I	MACI	0.5	1.7
2024-08-13	Cantor Equity Partners, Inc.	CEP
2024-07-25	DT Cloud Star Acquisition Corporation	DTSQ	1.2	6.2
2024-08-16	HCM II Acquisition Corp.	HOND
2021-03-12	BPGC Acquisition Corp. *	ROSS	11.1	3.0
2023-07-14	Nabors Energy Transition Corp. II	NETD	6.9	4.0
2021-10-15	Achari Ventures Holdings Corp. I *	AVHI	11.7	2.9
2024-09-18	YHN Acquisition I Limited	YHNA
2020-12-17	Corner Growth Acquisition Corp. *	COOL	11.7	3.0
2023-04-21	Ares Acquisition Corporation II	AACT	9.0	4.8
2024-08-28	Black Spade Acquisition II Co	BSII
2024-09-06	Andretti Acquisition Corp. II	POLE
2024-06-18	Lionheart Holdings	CUB	0.5	1.6
2022-05-03	A SPAC II Acquisition Corp. *	ASCBF	10.7	2.9
2022-02-11	Relativity Acquisition Corp. *	RACY	22.4	6.6
2022-10-13	Spring Valley Acquisition Corp. II *	SVII	13.0	4.1

* Extended Deadline
1 – All ROIs and ARRs calculated using closing prices.
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 IPO	Name	Symbol	ROI	ARR
2022-12-22	Horizon Space Acquisition I Corp. *	HSPO	12.6	5.0
2021-12-30	Aetherium Acquisition Corp. *	GMFI	10.4	2.6
2022-01-11	Broad Capital Acquisition Corp *	BRAC	14.2	4.3
2022-03-24	RF Acquisition Corp. *	RFAC	13.7	4.5
2023-02-14	Mars Acquisition Corp. *	MARX	12.3	5.1
2023-12-15	Bayview Acquisition Corp *	BAYA	6.2	7.7
2021-10-29	Cactus Acquisition Corp. 1 Limited *	CCTS	14.5	3.5
2021-12-13	BurTech Acquisition Corp. *	BRKH	14.4	3.9
2023-11-09	Agriculture & Natural Solutions Acquisition Corporation	ANSC	5.0	5.5
2021-12-09	Inception Growth Acquisition Limited *	IGTA	14.5	4.3
2021-12-03	Blue Ocean Acquisition Corp *	BOCN	13.8	3.4
2022-03-17	Goldenstone Acquisition Limited *	GDST	14.9	4.5
2024-01-19	JVSPAC Acquisition Corp.	JVSA	6.0	8.5
2021-09-21	HHG Capital Corporation *	HHGC	11.7	3.1
2021-12-15	Battery Future Acquisition Corp. *	BFAC	10.8	2.4
2021-05-05	Maquia Capital Acquisition Corporation *	MAQC	13.9	3.1
2023-12-27	Iron Horse Acquisitions Corp.	IROH	4.8	6.3
2021-09-10	Bannix Acquisition Corp. *	BNIX	12.0	3.2
2021-12-27	Arogo Capital Acquisition Corp. *	AOGO	10.3	2.6
2021-12-28	Welsbach Technology Metals Acquisition Corp. *	WTMA	11.8	4.1
2022-09-20	Global Star Acquisition, Inc. *	GLST	14.6	4.7
2021-10-05	Focus Impact BH3 Acquisition Company *	BHAC	5.3	1.1
2021-06-30	Thunder Bridge Capital Partners IV Inc. *	THCP	5.8	1.7
2022-05-10	Global Blockchain Acquisition Corp. *	GBBK	11.1	3.3
2021-09-15	WinVest Acquisition Corp. *	WINV	19.9	5.5
2021-07-21	Perception Capital Corp. III *	PFTA	11.1	3.3
2021-07-30	Zalatoris II Acquisition Corp. *	ZLSSF	11.0	3.3
2022-01-20	DUET Acquisition Corp. *	DUET	12.5	3.4
2021-10-07	IX Acquisition Corp. *	IXAQ	16.2	4.8
2021-12-20	NorthView Acquisition Corporation *	NVAC	17.4	5.3
2021-03-05	Iris Acquisition Corp. *	IRAA	7.2	2.0
2021-12-09	Integrated Wellness Acquisition Corp *	WEL	17.2	4.5
2022-01-18	Technology & Telecommunication Acquisition Corporation *	TETE	21.4	6.4
2021-12-10	Zalatoris Acquisition Corp. *	TCOA	10.5	3.0
2022-04-26	Aimfinity Investment Corp. I *	AIMBU	15.1	4.4
2022-01-25	Chenghe Acquisition I Co. *	LATG	15.4	4.1
2021-09-02	Insight Acquisition Corp. *	INAQ	16.8	4.9
2021-11-12	Integrated Rail and Resources Acquisition Corp. *	IRRX	10.2	2.8
2021-09-01	Concord Acquisition Corp II *	CNDA	5.5	1.7
2023-06-28	Bukit Jalil Global Acquisition 1 Ltd. *	BUJA	10.2	5.7
2021-02-11	Goal Acquisitions Corp. *	PUCK	15.1	3.9
2021-07-28	Plum Acquisition Corp. III *	PLMJ	9.0	2.7
2021-12-10	Healthcare AI Acquisition Corp. *	HAIA	12.7	3.0
2022-12-20	AlphaVest Acquisition Corp *	ATMV	12.6	4.8
2021-03-23	Newbury Street Acquisition Corporation *	NBST	9.7	2.6
2021-09-24	Direct Selling Acquisition Corp. *	DSAQ	11.7	2.5
2021-10-27	Pyrophyte Acquisition Corp. *	PHYT	14.9	3.3
2022-01-12	Western Acquisition Ventures Corp. *	WAVS	7.6	2.0
2021-08-12	PHP Ventures Acquisition Corp. *	PPHP	12.0	3.1
2022-06-24	SK Growth Opportunities Corporation *	SKGR	13.9	3.9
2021-12-07	Globalink Investment Inc. *	GLLI	14.7	4.0
2023-03-24	Oak Woods Acquisition Corporation *	OAKU	13.0	6.1
2021-12-13	Alpha Star Acquisition Corporation *	ALSA	18.9	6.4
2022-01-13	CSLM Acquisition Corp. *	CSLM	14.8	4.5
2021-12-14	Kairous Acquisition Corp. Limited *	KACL	23.6	7.2
2023-11-09	AI Transportation Acquisition Corp	AITR	6.6	5.1
2022-04-28	ClimateRock *	CLRC	16.6	5.4
2023-12-04	Aimei Health Technology Co., Ltd.	AFJK	7.1	6.1
2021-07-20	Clover Leaf Capital Corp. *	CLOE	25.6	6.6
2021-12-21	Sagaliam Acquisition Corp. *	SAGA	9.0	2.5
2023-05-02	Golden Star Acquisition Corporation *	GODN	12.7	7.4
2021-02-23	Slam Corp. *	SLAMF	11.7	3.1
2021-11-03	Fortune Rise Acquisition Corporation *	FRLA	13.4	3.1
2022-01-05	Cartica Acquisition Corp *	CITE	14.2	3.0
2022-02-18	PowerUp Acquisition Corp. *	PWUP	23.1	6.6
2023-03-28	TMT Acquisition Corp *	TMTC	15.5	7.5
2021-10-28	Focus Impact Acquisition Corp. *	FIAC	8.5	1.6
2021-01-15	OCA Acquisition Corp. *	OCAX	12.0	2.3
2023-07-25	Keen Vision Acquisition Corporation *	KVAC	7.9	4.5
2021-11-05	Rigel Resource Acquisition Corp. *	RRAC	16.1	4.0
2021-10-29	AltEnergy Acquisition Corp. *	AEAE	10.7	2.3
2022-10-04	Aquaron Acquisition Corp. *	AQU	12.6	4.7
2021-08-06	Nova Vision Acquisition Corp. *	NOVV	267.5	50.6
2021-11-04	Finnovate Acquisition Corp *	FNVT	15.3	3.8
2021-09-29	Hennessy Capital Investment Corp. VI *	HCVI	5.7	1.9
2023-03-29	Trailblazer Merger Corporation I *	TBMC	11.7	5.1
2022-04-13	Aura FAT Projects Acquisition Corp *	AFAR	16.4	4.9
2022-02-09	Evergreen Corporation *	EVGR	17.0	5.1
2021-10-01	Marblegate Acquisition Corp. *	GATE	9.2	2.6
2021-11-10	Perception Capital Corp. IV *	RCFA	14.2	3.4
2021-10-15	Compass Digital Acquisition Corp. *	CDAQ	8.7	2.8
2022-02-16	FutureTech II Acquisition Corp. *	FTII	11.8	2.9
2023-05-25	Inflection Point Acquisition Corp. II	IPXX	8.6	5.5
2022-01-14	Atlantic Coastal Acquisition Corp. II *	ACAB	11.8	2.8
2021-12-07	APx Acquisition Corp. I *	APXI	16.3	4.2
2022-04-07	Denali Capital Acquisition Corp. *	DECA	15.7	4.6
2021-11-12	Mountain Crest Acquisition Corp. V *	MCAG	12.2	4.1
2022-10-14	Hudson Acquisition I Corp. *	HUDA	27.0	11.5
2021-12-10	Southport Acquisition Corporation *	PORT	10.3	2.2
2022-04-20	Yotta Acquisition Corporation *	YOTA	12.0	4.7
2022-06-10	Acri Capital Acquisition Corporation *	ACAC	12.8	3.7
2021-11-10	Chain Bridge I *	CBRG	13.7	3.3
2023-02-15	Distoken Acquisition Corporation *	DIST	9.6	3.5
2021-11-17	ShoulderUp Technology Acquisition Corp. *	SUAC	-0.8	-1.6
2021-06-23	Coliseum Acquisition Corp. *	MITA	11.3	3.3
2023-02-10	Bellevue Life Sciences Acquisition Corp. *	BLAC	9.9	3.9
2020-11-23	Breeze Holdings Acquisition Corp. *	BRZH	15.5	3.1
2021-12-01	Roth CH Acquisition V Co. *	ROCL	12.3	3.2
2021-12-16	FTAC Emerald Acquisition Corp. *	FLD	9.2	2.5
2022-12-30	AlphaTime Acquisition Corp *	ATMC	13.7	5.6
2023-07-12	Bowen Acquisition Corp	BOWN	9.3	5.9
2021-11-03	Integral Acquisition Corporation 1 *	INTE	11.9	3.0
2021-12-15	Swiftmerge Acquisition Corp. *	IVCP	11.2	3.2
2024-06-07	Chenghe Acquisition II Co.	CHEB	0.5	1.7
2021-02-02	Northern Revival Acquisition Corporation *	NRAC	10.2	2.7

* Extended Deadline
1 – All ROIs and ARRs calculated using closing prices.
2 – IPO value = $10.00

SPAC Statistics