SPAC Research
The premier resource for information on US-listed
Special Purpose Acquisition Companies
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US SPAC IPO Issuance
| Year | Amount Raised ($bn) | # IPOs | Average Size ($mm) |
|---|---|---|---|
| 2020 | 59.2 | 160 | 370.0 |
| 2019 | 13.6 | 59 | 230.5 |
| 2018 | 10.8 | 46 | 233.7 |
| 2017 | 10.0 | 34 | 295.5 |
| 2016 | 3.5 | 13 | 269.2 |
| 2015 | 3.9 | 20 | 195.1 |
| 2014 | 1.8 | 12 | 145.8 |
| 2013 | 1.4 | 10 | 144.7 |
Active SPAC Summary
| Group | # of SPACs | Amount in Trust |
|---|---|---|
| Total Active | 222 | $71,069,546,489 |
| Announced business combinations | 51 | $12,047,295,831 |
| Seeking target | 171 | $59,022,250,658 |
| Pre-IPO | 63 | $14,968,850,000* |
Latest SPAC News
Oct 23 2020
S-4/A Amendment #1 to registration statement containing preliminary proxy for Canoo business combination
- Risk Factors updated
- Information about Canoo updated
S-1/A Amendment #1
- Offering downsized from $150mm to $125mm
- Units to include one share and 3/4 warrant (previously 1/2 warrant)
- Trust to be funded at 101% ($10.10/share)
- Time window changed from 24 months to 18 months
- In lieu of 0.5% of the gross proceeds at IPO, KWAC have agreed to issue to Oppenheimer & Co. Inc., and/or its designees, 62,500 units at IPO
S-4/A Amendment #1 to registration statement containing preliminary proxy for QuantumScape business combination
- Election of Directors Proposal updated
- Questions and Answers about the Business Combination updated
- Risk Factors updated
- Background of the Business Combination updated
- Certain QuantumScape Projected Financial Information updated
- Information About QuantumScape updated
- Company is expected to trade on the NYSE under symbols "QS" and "QS.W"
424B4 IPO Prospectus
- AmeriVet Securities and Academy Securities added as underwriters
- Affiliates of Rice Investment Group, including members of management and owners of the sponsor, indicated interest in purchasing up to 10% of the IPO units (previously 7.5%)
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This service is aimed at industry professionals and asset managers who are familiar with the SPAC structure. SPAC Research does not make investment recommendations or perform fundamental analysis of target companies.