SPAC Underwriter League Table

Q4 2019 Snapshot

Rank Underwriter Bookrunner
Volume ($MM)
Bookrunner
Count
% Share Volume
Sold ($MM)
Deal
Count
1 Cantor Fitzgerald & Co. 920.0 5 27.21% 787.5 5
2 UBS Securities LLC 474.4 2 14.03% 435.0 2
3 Credit Suisse Securities (USA) LLC 416.3 2 12.31% 358.4 2
4 EarlyBirdCapital, Inc. 348.5 3 10.31% 240.0 3
5 BTIG, LLC 287.5 1 8.50% 261.3 2
6 Barclays Capital Inc. 254.4 2 7.53% 200.0 2
7 Jefferies LLC 172.5 1 5.10% 120.0 1
8 B. Riley FBR, Inc. 149.5 1 4.42% 130.5 2
9 J.P. Morgan Securities LLC 100.0 1 2.96% 91.7 1
10 Morgan Stanley & Co. LLC 100.0 1 2.96% 91.7 1
11 I-Bankers Securities, Inc. 57.5 1 1.70% 96.5 4
12 BMO Capital Markets Corp. 50.0 1 1.48% 55.0 1
13 SVB Leerink LLC 50.0 1 1.48% 45.0 1
14 Ladenburg Thalmann & Co. Inc. 0.0 0 0.00% 50.0 2
15 EXOS Securities, LLC 0.0 0 0.00% 13.1 1
16 Arcadia Securities, LLC 0.0 0 0.00% 4.4 1

Credit for Bookrunner Volume ($MM) is based on the total amount of the offering sold, including over-allotment. Full credit is awarded to the sole book-running manager or split equally among joint book-running managers.