ThinkEquity

2023

SPAC Newco Ticker Closing Date Role Deal EV ($M) Share Advisor Credit ($M) Current Stock Price
Adara Acquisition Corp. AENT 2/10/2023 advisor-SPAC 480.0 1 480.0 $2.02
480.0 480.0

2021

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 $9.29
FG New America Acquisition Corp. OPFI 7/20/2021 advisor-SPAC 909.0 1/4 227.3 $2.49
4,043.0 854.1

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.