SPAC Underwriters | SPAC Research

Rank	Underwriter	Bookrunner Volume ($M)	Bookrunner Count	% Share	Volume Sold ($M)	Deal Count
1	Credit Suisse	13,357.7	41	16.03%	12,514.1	41
2	Citigroup	10,480.8	40	12.58%	9,555.6	40
3	Goldman Sachs	7,803.0	31	9.36%	6,941.0	31
4	Cantor Fitzgerald	6,368.4	25	7.64%	5,614.6	25
5	Jefferies	5,612.8	23	6.74%	4,790.5	23
6	UBS	5,334.6	22	6.40%	4,824.1	22
7	Morgan Stanley	4,920.2	23	5.90%	3,680.1	23
8	Deutsche Bank	4,387.4	23	5.26%	4,795.5	24
9	JP Morgan	3,628.7	17	4.35%	3,044.0	17
10	BofA Securities	3,416.9	18	4.10%	2,609.9	18
11	Barclays	2,051.0	13	2.46%	1,495.9	14
12	Wells Fargo	1,637.2	7	1.96%	1,356.3	7
13	Cowen	1,526.1	9	1.83%	1,253.1	9
14	EarlyBirdCapital	1,438.9	11	1.73%	1,261.7	18
15	B. Riley FBR	1,254.5	6	1.51%	1,218.5	23
16	BTIG	1,230.2	8	1.48%	914.9	12
17	Chardan	1,178.6	10	1.41%	1,078.5	12
18	Evercore	828.0	2	0.99%	669.6	2
19	Stifel Nicolaus	827.9	8	0.99%	626.7	10
20	Mizuho	779.2	3	0.94%	531.3	3
21	RBC Capital Markets	744.5	6	0.89%	472.8	6
22	Oppenheimer	703.0	6	0.84%	485.5	6
23	I-Bankers Securities	650.5	6	0.78%	639.9	22
24	Raymond James	509.9	3	0.61%	470.0	3
25	Maxim	307.5	4	0.37%	319.5	6
26	JonesTrading	258.8	1	0.31%	200.3	1
27	PJT Partners	225.0	1	0.27%	117.5	2
28	Nomura	215.0	2	0.26%	257.0	3
29	Imperial Capital	210.0	2	0.25%	163.1	2
30	Ladenburg Thalmann	173.9	4	0.21%	200.2	7
31	Moelis	172.5	1	0.21%	104.3	2
32	SVB Securities	166.8	1	0.20%	172.0	2
33	Allen & Company	150.0	1	0.18%	150.0	1
34	Piper Sandler & Co.	118.9	1	0.14%	202.5	1
35	ThinkEquity	118.9	1	0.14%	22.5	1
36	Roth Capital Partners	95.8	2	0.11%	87.5	2
37	Craig-Hallum Capital Group	95.8	2	0.11%	87.5	2
38	William Blair	91.7	1	0.11%	59.4	1
39	Needham	86.3	1	0.10%	48.3	3
40	LifeSci Capital	76.4	2	0.09%	76.3	2
41	H.C. Wainwright	52.4	1	0.06%	30.0	1
42	JMP Securities	48.9	1	0.06%	43.1	2
43	Odeon Capital Group	0.0	0	0.00%	318.5	9
44	Siebert Williams Shank	0.0	0	0.00%	224.1	14
45	Loop Capital Markets	0.0	0	0.00%	207.5	11
46	Macquarie	0.0	0	0.00%	172.5	3
47	Samuel A. Ramirez & Company	0.0	0	0.00%	163.3	4
48	CastleOak Securities	0.0	0	0.00%	159.3	3
49	Northland Capital Markets	0.0	0	0.00%	158.1	10
50	Academy Securities	0.0	0	0.00%	151.3	16
51	Apollo Global Securities	0.0	0	0.00%	150.0	1
52	Roberts and Ryan Investments	0.0	0	0.00%	97.3	6
53	Guggenheim Securities	0.0	0	0.00%	87.0	1
54	C.L. King & Associates	0.0	0	0.00%	84.3	4
55	Ingalls & Snyder	0.0	0	0.00%	63.5	6
56	Tigress Financial Partners	0.0	0	0.00%	48.6	8
57	Baird	0.0	0	0.00%	45.0	2
58	Blaylock Van	0.0	0	0.00%	43.3	5
59	AmeriVet Securities	0.0	0	0.00%	42.8	7
60	LionTree Advisors	0.0	0	0.00%	37.5	1
61	Drexel Hamilton	0.0	0	0.00%	37.1	7
62	BMO Capital Markets	0.0	0	0.00%	25.0	1
63	Natixis	0.0	0	0.00%	18.0	1
64	TD Securities	0.0	0	0.00%	12.0	1
65	National Securities	0.0	0	0.00%	11.3	1
66	MUFG Securities	0.0	0	0.00%	8.3	1
67	R. Seelaus	0.0	0	0.00%	8.0	3
68	Tudor, Pickering, Holt & Co.	0.0	0	0.00%	7.5	1
69	Farvahar Capital	0.0	0	0.00%	1.1	1
70	Cabrera Capital Markets	0.0	0	0.00%	1.0	1
71	Brookline Capital Markets	0.0	0	0.00%	0.0	1

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