| SPAC | Newco Ticker | Closing Date | Role | Deal EV, $M | Share | Advisor Credit, $M | Current Stock Price |
|---|---|---|---|---|---|---|---|
| Aldel Financial Inc. | HGTY | 12/2/2021 | advisor-SPAC | 3,134.0 | 1/5 | 626.8 | $10.00 |
| Aldel Financial Inc. | HGTY | 12/2/2021 | PIPE agent | 3,134.0 | 1/5 | 626.8 | $10.00 |
| 3,134.0 | 1,253.6 |
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.