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 | 3.9 | 13 | 301.9 |
| 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 | 99 | $22,797,588,497 |
| Announced business combinations | 17 | $3,273,655,846 |
| Seeking target | 82 | $19,523,932,651 |
| Pre-IPO | 12 | $2,600,000,000* |
Latest SPAC News
Apr 7 2020
Separate trading to commence on or about 4/13/2020
The business combination of Pensare Acquisition Corp. and Stratos Management Systems, Inc. has been completed
- The combined company will be named American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT)
Pensare Acquisition Corp. is pleased to announce that it has completed its previously announced business combination with Stratos Management Systems, Inc. and its operating companies, which do business as Computex Technology Solutions (“Computex”), a leading IT Solutions and Managed Services Provider (MSP) with a 30-year legacy of success
- The business combination was approved at a special meeting of stockholders of Pensare on February 27, 2020, and closed on April 7, 2020
- In connection with the transaction, Pensare has changed its name to American Virtual Cloud Technologies
- The shares of common stock of AVCT are expected to begin trading on the Nasdaq tomorrow, April 8, 2020, under the symbol “AVCT” and the warrants of AVCT are expected to trade on the Nasdaq under the symbol “AVCTW”
- Share redemption statistics not provided
Apr 3 2020
Pensare Acquisition Corp. today announced that it intends to close the previously announced business combination with Stratos Management Systems, Inc. (“Computex”) on or about Monday, April 6, 2020
Apr 2 2020
The Offer expired at 11:59 p.m., Eastern Time, on Tuesday, March 31, 2020
- Based upon information provided by Continental Stock Transfer & Trust Company, the depositary for the Offer, 2,829,307 Public Warrants were validly tendered in the Offer (90% of outstanding public warrants)
- 328,888 public warrants and 10,280,000 private placement warrants remain outstanding
A subscription to SPAC Research includes access to:
- Our live yield-to-maturity tracker of SPAC common equity
- Our sortable database of active and pre-IPO SPACs
- Our archive of previous SPACs
- A weekly newsletter containing custom research and important SPAC news
- Our calendar of upcoming shareholder meetings and important events
- A daily digest email with SPAC news and filings
- Our interactive SPAC underwriting, legal, and accounting league tables
- A comprehensive detail page on each US-listed SPAC, including a synopsis of all SEC filings and press releases
And much more!
“SPAC Research replaces the work a $50,000 per year employee would do for our firm.”
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.