Embarc

Underwriter

Ingalls & Snyder

SPACs
24

Industry Breakdown

Technology14 (58.3%)
Other4 (16.7%)
Energy2 (8.3%)
Healthcare2 (8.3%)
Media & Entertainment2 (8.3%)

Geographic Distribution

Delaware14
Cayman Islands5
Unknown4
Virgin Islands, British1

Status Distribution

Completed
14
58.3%
Failed
9
37.5%
Definitive Agreement
1
4.2%

Market Insights

Analysis based on 24 spacs worth $2.9B in total value.

Technology
Top Industry
Delaware
Most Active State
$122M
Average Deal Size

Showing 24 SPACs

Aldel Financial Inc.

completed
Location not specified•Other
IPO Size
$100M
IPO Date
Apr 10, 2021
Target
Hagerty
Ticker: HGTY
Ticker:ADF
Status:Completed
Sponsor (Aldel Investors)

Edoc Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$100M
IPO Date
Nov 11, 2020
Target
Australian Oilseeds Investments
Ticker:ADOC
Status:Completed
Sponsor (American Physicians)

Adara Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$100M
IPO Date
Feb 10, 2021
Target
Alliance Entertainment
Ticker:ADRA
Status:Completed
Sponsor (Adara Sponsor)

Breeze Holdings Acquisition Corp.

completed
Location not specified•Energy
IPO Size
$100M
IPO Date
Nov 25, 2020
Target
TV Ammo, Inc.
Ticker:BREZ
Status:Completed
Sponsor (Breeze Sponsor)Sponsor (Breeze Financial)

BurTech Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$250M
IPO Date
Dec 14, 2021
Target
Searching
Ticker:BRKH
Status:Failed
Sponsor (BurTech)

Canna-Global Acquisition Corp

liquidated
Location not specified•Other
IPO Size
$200M
IPO Date
Dec 1, 2021
Target
Searching
Ticker:CNGL
Status:Failed
Sponsor (Canna-Global)

Deep Medicine Acquisition Corp.

completed
Location not specified•Healthcare
IPO Size
$100M
IPO Date
Oct 28, 2021
Target
TruGolf
Ticker:DMAQ
Status:Completed
Sponsor (Bright Vision Sponsor)

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)

FAT PROJECTS ACQUISITION CORP

liquidated
Location not specified•Technology
IPO Size
$100M
IPO Date
Oct 14, 2021
Target
Searching
Ticker:FATP
Status:Failed
Sponsor (Fat Projects SPAC Pte.)Sponsor (Fat Ventures Pte.)

Fintech Ecosystem Development Corp.

liquidated
Location not specified•Technology
IPO Size
$100M
IPO Date
Oct 20, 2021
Target
Searching
Ticker:FEXD
Status:Failed
Sponsor (Revofast)

Finnovate Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$150M
IPO Date
Nov 5, 2021
Target
Searching
Ticker:FNVT
Status:Failed
Sponsor (Finnovate Sponsor)

Gesher I Acquisition Corp.

completed
Location not specified•Other
IPO Size
$100M
IPO Date
Oct 14, 2021
Target
Freightos
Ticker: CRGO
Ticker:GIAC
Status:Completed
Sponsor (Gesher I Sponsor)

Global SPAC Partners Co,

completed
Location not specified•Technology
IPO Size
$200M
IPO Date
Apr 10, 2021
Target
Gorilla Technology
Ticker: GRRR
Ticker:GLSPT
Status:Completed
Sponsor (Global SPAC Sponsors (affiliated with Glazer Capital; Sea Otter Securities Group; and Mint Tower Capital Management))

GOOD WORKS ACQUISITION CORP.

completed
Location not specified•Other
IPO Size
$150M
IPO Date
Oct 21, 2020
Target
Cipher Mining Inc.
Ticker: CIFR
Ticker:GWAC
Status:Completed
Sponsor (I-B Good Works (affiliate of I-Bankers Securities))

HNR Acquisition Corp.

da
Location not specified•Energy
IPO Size
$75M
IPO Date
Feb 12, 2022
Target
Pogo Resources
Ticker:HNRA
Status:Definitive Agreement
Sponsor (HNRAC Sponsors)Sponsor (Houston Natural Resources)

Inception Growth Acquisition Ltd

liquidated
Location not specified•Technology
IPO Size
$90M
IPO Date
Dec 10, 2021
Target
Searching
Ticker:IGTA
Status:Failed
Sponsor (Soul Venture Partners)

Isleworth Healthcare Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$150M
IPO Date
Feb 26, 2021
Target
Searching
Ticker:ISLE
Status:Failed
Sponsor (Isleworth Healthcare Sponsor I)

Maxpro Capital Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$90M
IPO Date
Oct 9, 2021
Target
Apollomics
Ticker:JMAC
Status:Completed
Sponsor (MP One Investment)Sponsor (Maxpro Capital Management)

Petra Acquisition Inc.

completed
Location not specified•Healthcare
IPO Size
$75M
IPO Date
Oct 9, 2020
Target
Revelation Biosciences, Inc.
Ticker: REVB
Ticker:PAIC
Status:Completed
Sponsor (Petra Investment Holdings)

Parsec Capital Acquisitions Corp.

completed
Location not specified•Technology
IPO Size
$75M
IPO Date
Oct 7, 2021
Target
Enteractive Media
Ticker:PCX
Status:Completed
Sponsor (Parsec Acquisitions Sponsor)

Goal Acquisitions Corp.

liquidated
Location not specified•Media & Entertainment
IPO Size
$225M
IPO Date
Feb 12, 2021
Target
Searching
Ticker:PUCK
Status:Failed
Sponsor (Goal Acquisitions Sponsor)

Springwater Special Situations Corp.

liquidated
Location not specified•Technology
IPO Size
$150M
IPO Date
Aug 27, 2021
Target
Searching
Ticker:SWSS
Status:Failed
Sponsor (Springwater Promote)

TradeUP Global Corp

completed
Location not specified•Technology
IPO Size
$40M
IPO Date
Apr 30, 2021
Target
SAITECH
Ticker: SAI
Ticker:TUGC
Status:Completed
Sponsor (TradeUP Global Sponsor)

Vistas Media Acquisition Co Inc.

completed
Location not specified•Media & Entertainment
IPO Size
$100M
IPO Date
Aug 8, 2020
Target
Anghami
Ticker: ANGH
Ticker:VMAC
Status:Completed
Sponsor (Vistas Media Sponsor)