Embarc

Underwriter

BTIG

SPACs
51

Industry Breakdown

Technology27 (52.9%)
Other7 (13.7%)
Healthcare4 (7.8%)
Energy3 (5.9%)
Consumer Goods3 (5.9%)
Real Estate2 (3.9%)
Media & Entertainment2 (3.9%)
Transportation1 (2.0%)

Geographic Distribution

Delaware31
Cayman Islands16
Unknown3
Virgin Islands, British1

Status Distribution

Failed
21
41.2%
Completed
25
49.0%
Registration
1
2.0%
Definitive Agreement
1
2.0%
Withdrawn
2
3.9%
Unit Split
1
2.0%

Market Insights

Analysis based on 51 spacs worth $10.6B in total value.

Technology
Top Industry
Delaware
Most Active State
$207M
Average Deal Size

Showing 51 SPACs

Atlantic Coastal Acquisition Corp.

liquidated
Location not specified•Transportation
IPO Size
$300M
IPO Date
Mar 5, 2021
Target
Searching
Ticker:ACAH
Status:Failed
Sponsor (Atlantic Coastal Acquisition Management)

Alussa Energy Acquisition Corp.

completed
Location not specified•Energy
IPO Size
$225M
IPO Date
Nov 27, 2019
Target
FREYR
Ticker: FREY
Ticker:ALUS
Status:Completed
Sponsor (Alussa Energy Sponsor)

Crixus BH3 Acquisition Corp.

liquidated
Location not specified•Real Estate
IPO Size
$200M
IPO Date
Oct 6, 2021
Target
Searching
Ticker:BHAC
Status:Failed
Sponsor (Crixus BH3 Sponsor)

BOA Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$175M
IPO Date
Feb 25, 2021
Target
Selina
Ticker: SLNA
Ticker:BOAS
Status:Completed
Sponsor (Bet on America)

Bridgetown 2 Holdings Ltd

completed
Location not specified•Technology
IPO Size
$260M
IPO Date
Jan 27, 2021
Target
PropertyGuru
Ticker: PGRU
Ticker:BTNB
Status:Completed
Sponsor (Bridgetown 2 (affiliate of FWD))

Bridgetown 3 Holdings Ltd

pre-unit
Location not specified•Technology
IPO Size
$200M
IPO Date
—
Target
Searching
Ticker:BTNC
Status:Registration
Sponsor (Bridgetown 3)

Bridgetown Holdings Ltd

completed
Location not specified•Technology
IPO Size
$550M
IPO Date
Oct 17, 2020
Target
Money Hero
Ticker:BTWN
Status:Completed
Sponsor (Bridgetown)Sponsor (Thiel Capital)

Banyan Acquisition Corp

completed
Location not specified•Food & Beverage
IPO Size
$300M
IPO Date
Jan 21, 2022
Target
Pinstripes
Ticker:BYN
Status:Completed
Sponsor (Banyan Acquisition Sponsor)

CA Healthcare Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$100M
IPO Date
Jan 28, 2021
Target
LumiraDx
Ticker: LMDX
Ticker:CAHC
Status:Completed
Sponsor (CA Healthcare Sponsor)

Colonnade Acquisition Corp

completed
Location not specified•Energy
IPO Size
$200M
IPO Date
Aug 22, 2020
Target
Ouster
Ticker: OUST
Ticker:CLA
Status:Completed
Sponsor (Colonnade Sponsor)

Clarim Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$250M
IPO Date
Jan 30, 2021
Target
Searching
Ticker:CLRM
Status:Failed
Sponsor (Clarim Partners)

Counter Press Acquisition Corp

liquidated
Location not specified•Media & Entertainment
IPO Size
$75M
IPO Date
Feb 10, 2022
Target
Searching
Ticker:CPAQ
Status:Failed
Sponsor (Counter Press Sponsor Corporation)

Capstar Special Purpose Acquisition Corp

completed
Location not specified•Technology
IPO Size
$200M
IPO Date
Jul 3, 2020
Target
Gelesis
Ticker: GLS
Ticker:CPSR
Status:Completed
Sponsor (Capstar Sponsor Group)

Consilium Acquisition Corp I, Ltd.

liquidated
Location not specified•Technology
IPO Size
$150M
IPO Date
Jan 14, 2022
Target
Searching
Ticker:CSLM
Status:Failed
Sponsor (Consilium Acquisition Sponsor I)Sponsor (Consilium Investment Management)

LGL Systems Acquisition Corp.

completed
Location not specified•Telecommunications
IPO Size
$125M
IPO Date
Nov 8, 2019
Target
IronNet Cybersecurity
Ticker: IRNT
Ticker:DFNS
Status:Completed
Sponsor (LGL Systems Acquisition Holding Company)

Duddell Street Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$175M
IPO Date
Oct 30, 2020
Target
FiscalNote
Ticker: NOTE
Ticker:DSAC
Status:Completed
Sponsor (Duddell Street Holdings)

Direct Selling Acquisition Corp.

liquidated
Location not specified•Other
IPO Size
$200M
IPO Date
Sep 25, 2021
Target
Searching
Ticker:DSAQ
Status:Failed
Sponsor (DSAC Partners)

EG Acquisition Corp.

completed
Location not specified•Other
IPO Size
$250M
IPO Date
May 27, 2021
Target
flyExclusive
Ticker:EGGF
Status:Completed
Sponsor (EG Sponsor)Sponsor (EnTrust Global)

Elliott Opportunity II Corp.

liquidated
Location not specified•Technology
IPO Size
$500M
IPO Date
Jun 30, 2021
Target
Searching
Ticker:EOCW
Status:Failed
Sponsor (Elliott Opportunity Sponsor II)Sponsor (Elliott International)

EQ Health Acquisition Corp.

liquidated
Location not specified•Healthcare
IPO Size
$160M
IPO Date
Jan 30, 2021
Target
Searching
Ticker:EQHA
Status:Failed
Sponsor (EQ Health Sponsor Group (affiliated with FS Investments))

East Stone Acquisition Corp

completed
Location not specified•Technology
IPO Size
$100M
IPO Date
Feb 21, 2020
Target
Ufin
Ticker: NWTN
Ticker:ESSC
Status:Completed
Sponsor (Double Ventures Holdings)

SOAR Technology Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$250M
IPO Date
Sep 17, 2021
Target
Searching
Ticker:FLYA
Status:Failed
Sponsor (SOAR Technology Sponsor (affiliate of JPK Seed Capital))

Golden Arrow Merger Corp.

liquidated
Location not specified•Healthcare
IPO Size
$250M
IPO Date
Mar 18, 2021
Target
Searching
Ticker:GAMC
Status:Failed
Sponsor (Golden Arrow Sponsor)

Hawks Acquisition Corp

liquidated
Location not specified•Other
IPO Size
$200M
IPO Date
Oct 9, 2021
Target
Searching
Ticker:HWKZ
Status:Failed
Sponsor (Hawks Sponsor)

KLUDEIN I ACQUISITION CORP

completed
Location not specified•Technology
IPO Size
$150M
IPO Date
Jan 8, 2021
Target
Near
Ticker:INKA
Status:Completed
Sponsor (KludeIn Prime)

Insurance Acquisition Corp

completed
Location not specified•Other
IPO Size
$130M
IPO Date
Mar 21, 2019
Target
Shift
Ticker: SFT
Ticker:INSU
Status:Completed
Sponsor (Cowen & Company)Sponsor (Insurance Acquisition Sponsor)

Israel Acquisitions Corp

da
Location not specified•Technology
IPO Size
$200M
IPO Date
Jan 14, 2023
Target
Searching
Ticker:ISRL
Status:Definitive Agreement
Sponsor (Israel Acquisitions Sponsor)

KINS Technology Group, Inc.

completed
Location not specified•Technology
IPO Size
$200M
IPO Date
Dec 16, 2020
Target
CXApp (Inpixon subsidiary)
Ticker:KINZ
Status:Completed
Sponsor (KINS Capital)

Lakeview Acquisition Corp

withdrawn
Location not specified•Technology
IPO Size
$175M
IPO Date
—
Target
Searching
Ticker:LKVA
Status:Withdrawn
Sponsor (Lakeview Founder Sponsor)

Live Oak Acquisition Corp

completed
Location not specified•Real Estate
IPO Size
$200M
IPO Date
May 7, 2020
Target
Danimer Scientific
Ticker: DNMR
Ticker:LOAK
Status:Completed
Sponsor (Live Oak Sponsor Partners)

Megalith Financial Acquisition Corp

completed
Location not specified•Other
IPO Size
$150M
IPO Date
Aug 25, 2018
Target
BankMobile
Ticker: BMTX
Ticker:MFAC
Status:Completed
Sponsor (MFA Investor Holdings)

Malacca Straits Acquisition Co Ltd

liquidated
Location not specified•Healthcare
IPO Size
$125M
IPO Date
Jul 16, 2020
Target
Searching
Ticker:MLAC
Status:Failed
Sponsor (Malacca Straits Management Company Limited)

North Atlantic Acquisition Corp

liquidated
Location not specified•Consumer Goods
IPO Size
$300M
IPO Date
Jan 23, 2021
Target
Searching
Ticker:NAAC
Status:Failed
Sponsor (NAAC Sponsor)

Enphys Acquisition Corp.

liquidated
Location not specified•Energy
IPO Size
$250M
IPO Date
Oct 7, 2021
Target
Searching
Ticker:NFYS
Status:Failed
Sponsor (Enphys Acquisition Sponsor)

New Providence Acquisition Corp.

completed
Location not specified•Consumer Goods
IPO Size
$200M
IPO Date
Sep 12, 2019
Target
AST SpaceMobile
Ticker: ASTS
Ticker:NPA
Status:Completed
Sponsor (New Providence Management)

Onyx Acquisition Co. I

liquidated
Location not specified•Technology
IPO Size
$200M
IPO Date
Nov 4, 2021
Target
Searching
Ticker:ONYX
Status:Failed
Sponsor (Onyx Acquisition Sponsor Co.)

PORTAGE FINTECH ACQUISITION CORP.

liquidated
Location not specified•Technology
IPO Size
$200M
IPO Date
Jul 22, 2021
Target
Searching
Ticker:PFTA
Status:Failed
Sponsor (PFTA I)

Pivotal Investment Corp II

completed
Location not specified•Technology
IPO Size
$200M
IPO Date
Jul 13, 2019
Target
Spruce Power Holding
Ticker: XL
Ticker:PIC
Status:Completed
Sponsor (Pivotal Investment Holdings II)

PMV Consumer Acquisition Corp.

unit
Location not specified•Consumer Goods
IPO Size
$175M
IPO Date
Sep 23, 2020
Target
Searching
Ticker:PMVC
Status:Unit Split
Sponsor (PMV Consumer Acquisition Holding Company)

Pivotal Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$200M
IPO Date
Jan 31, 2019
Target
KLDiscovery
Ticker: KLDI
Ticker:PVT
Status:Completed

Rosecliff Acquisition Corp I

completed
Location not specified•Technology
IPO Size
$200M
IPO Date
Feb 13, 2021
Target
Spectral MD Holdings
Ticker:RCLF
Status:Completed
Sponsor (Rosecliff Acquisition Sponsor I)

Schultze Special Purpose Acquisition Corp.

completed
Location not specified•Other
IPO Size
$150M
IPO Date
Dec 12, 2018
Target
Clever Leaves
Ticker: CLVR
Ticker:SAMA
Status:Completed
Sponsor (Schultze Special Purpose Acquisition Sponsor)

Sanaby Health Acquisition Corp. I

liquidated
Location not specified•Healthcare
IPO Size
$150M
IPO Date
Oct 16, 2021
Target
Searching
Ticker:SANB
Status:Failed
Sponsor (Sanaby Health Sponsor I)

SHUAA Partners Acquisition Corp I

liquidated
Location not specified•Technology
IPO Size
$100M
IPO Date
Mar 3, 2022
Target
Searching
Ticker:SHUA
Status:Failed
Sponsor (SHUAA SPAC Sponsor I)Sponsor (SHUAA Capital)

Slam Corp.

liquidated
Location not specified•Technology
IPO Size
$500M
IPO Date
Feb 24, 2021
Target
Searching
Ticker:SLAM
Status:Failed
Sponsor (Slam Sponsor)

Thrive Acquisition Corp

liquidated
Location not specified•Technology
IPO Size
$150M
IPO Date
Oct 22, 2021
Target
Searching
Ticker:THAC
Status:Failed
Sponsor (Thrive Acquisition Sponsor)

Desktop Metal, Inc.

completed
Location not specified•Other
IPO Size
$250M
IPO Date
Mar 16, 2019
Target
Desktop Metal
Ticker: DM
Ticker:TRNE
Status:Completed
Sponsor (Trine Sponsor IH)

USA Acquisition Corp.

withdrawn
Location not specified•Technology
IPO Size
$150M
IPO Date
—
Target
Searching
Ticker:USAX
Status:Withdrawn
Sponsor (USA Sponsor Acquisition (affiliate of Union Square Advisors))

Virtuoso Acquisition Corp.

completed
Location not specified•Media & Entertainment
IPO Size
$180M
IPO Date
Jan 23, 2021
Target
Wejo
Ticker: WEJO
Ticker:VOSO
Status:Completed
Sponsor (Virtucon Sponsor)

Integrated Wellness Acquisition Corp

liquidated
Location not specified•Technology
IPO Size
$100M
IPO Date
Dec 10, 2021
Target
Searching
Ticker:WEL
Status:Failed
Sponsor (IWH Sponsor)

Zanite Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$200M
IPO Date
Nov 18, 2020
Target
Eve
Ticker: EVEX
Ticker:ZNTE
Status:Completed
Sponsor (Zanite Sponsor)