EarlyBirdCapital

2020

SPAC Newco Ticker Closing Date Role Deal EV ($MM) Share Advisor Credit ($MM) Current Stock Price
Schultze Special Purpose Acquisition Corp. CLVR 12/18/2020 advisor-SPAC 206.0 1/4 51.5 $10.04
Opes Acquisition Corp. BFI 12/16/2020 advisor-SPAC 143.0 1 143.0 $13.39
Forum Merger II Corp. TTCF 10/15/2020 advisor-SPAC 482.0 1/3 160.7 $25.28
Graf Industrial Corp. VLDR 9/29/2020 advisor-SPAC 1,566.0 1/4 391.5 $22.95
Pure Acquisition Corp. HPK 8/21/2020 advisor-SPAC 845.0 1/2 422.5 $18.00
Pensare Acquisition Corp. AVCT 4/7/2020 advisor-SPAC 65.0 1 65.0 $8.91
TKK Symphony Acquisition Corporation GSMG 2/15/2020 advisor-SPAC 529.0 1 529.0 $3.38
3,836.0 1,763.2

2019

SPAC Newco Ticker Closing Date Role Deal EV ($MM) Share Advisor Credit ($MM) Current Stock Price
Twelve Seas Investment Corporation BROG 12/20/2019 advisor-SPAC 1,049.6 1/2 524.8 $10.50
Black Ridge Acquisition Corp. AESE 8/9/2019 advisor-SPAC 213.8 1/2 106.9 $1.58
CM Seven Star Acquisition Corporation KXIN 4/30/2019 advisor-SPAC 454.2 1 454.2 $3.93
1,717.6 1,085.9

2018

SPAC Newco Ticker Closing Date Role Deal EV ($MM) Share Advisor Credit ($MM) Current Stock Price
Draper Oakwood Technology Acquisition Inc. RBZ 12/19/2018 advisor-SPAC 252.0 1/3 84.0 $0.39
Andina Acquisition Corp. II LAZY 3/15/2018 advisor-SPAC 209.2 1/3 69.7 $17.63
Forum Merger Corporation CVON 2/22/2018 PIPE agent 1,200.0 1/12 100.0 $12.44
Forum Merger Corporation CVON 2/22/2018 advisor-SPAC 1,200.0 1/12 100.0 $12.44
1,661.2 353.7

2017

SPAC Newco Ticker Closing Date Role Deal EV ($MM) Share Advisor Credit ($MM) Current Stock Price
Pacific Special Acquisition Corp. BRQS 8/18/2017 advisor-SPAC 303.0 1 303.0 $1.24
303.0 303.0

2016

SPAC Newco Ticker Closing Date Role Deal EV ($MM) Share Advisor Credit ($MM) Current Stock Price
Arowana Inc. VVPR 12/28/2016 advisor-SPAC 53.0 1/2 26.5 $10.90
53.0 26.5

Advisor credit is shared equally among all advisors on a given deal, as a proportion of the enterprise value of the target company acquired by the SPAC. Firms with multiple advisory roles receive credit for each role.