Embarc

Underwriter

RBC Capital Markets

SPACs
27

Industry Breakdown

Technology15 (55.6%)
Other6 (22.2%)
Energy3 (11.1%)
Healthcare1 (3.7%)
Consumer Goods1 (3.7%)
Transportation1 (3.7%)

Geographic Distribution

Delaware18
Cayman Islands8
Unknown1

Status Distribution

Failed
10
37.0%
Withdrawn
4
14.8%
Completed
12
44.4%
Registration
1
3.7%

Market Insights

Analysis based on 27 spacs worth $8.0B in total value.

Technology
Top Industry
Delaware
Most Active State
$294M
Average Deal Size

Showing 27 SPACs

Apollo Strategic Growth Capital II

liquidated
Location not specified•Other
IPO Size
$500M
IPO Date
Feb 11, 2021
Target
Searching
Ticker:APGB
Status:Failed
Sponsor (APSG Sponsor II)

Apollo Strategic Growth Capital III

withdrawn
Location not specified•Other
IPO Size
$350M
IPO Date
—
Target
Searching
Ticker:APGC
Status:Withdrawn
Sponsor (APSG Sponsor III (affiliate of Apollo))

Aequi Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$200M
IPO Date
Nov 21, 2020
Target
Searching
Ticker:ARBG
Status:Failed
Sponsor (Aequi Sponsor)

Crown PropTech Acquisitions

liquidated
Location not specified•Technology
IPO Size
$200M
IPO Date
Feb 10, 2021
Target
Searching
Ticker:CPTK
Status:Failed
Sponsor (Crown PropTech Sponsor)

DHB Capital Corp.

liquidated
Location not specified•Technology
IPO Size
$250M
IPO Date
Mar 3, 2021
Target
Searching
Ticker:DHBC
Status:Failed
Sponsor (DHB Capital)

Delwinds Insurance Acquisition Corp.

completed
Location not specified•Technology
IPO Size
$175M
IPO Date
Dec 12, 2020
Target
Foxo Technologies Inc.
Ticker: FOXO
Ticker:DWIN
Status:Completed
Sponsor (DIAC Sponsor)

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))

Fortress Value Acquisition Corp.

completed
Location not specified•Other
IPO Size
$300M
IPO Date
May 1, 2020
Target
MP Materials
Ticker: MP
Ticker:FVAC
Status:Completed
Sponsor (Fortress Acquisition Sponsor)

Global Partner Acquisition Corp II

liquidated
Location not specified•Technology
IPO Size
$250M
IPO Date
Jan 13, 2021
Target
Searching
Ticker:GPAC
Status:Failed
Sponsor (Global Partner Sponsor II)

Horizon Acquisition Corp

completed
Location not specified•Other
IPO Size
$500M
IPO Date
Aug 22, 2020
Target
Vivid Seats
Ticker: SEAT
Ticker:HZAC
Status:Completed
Sponsor (Horizon Sponsor)

Horizon Acquisition Corp III

withdrawn
Location not specified•Technology
IPO Size
$500M
IPO Date
—
Target
Searching
Ticker:HZNA
Status:Withdrawn
Sponsor (Horizon III Sponsor)

Horizon Acquisition Corp II

completed
Location not specified•Technology
IPO Size
$500M
IPO Date
Oct 21, 2020
Target
Epic Aero, Inc. and Flexjet
Ticker:HZON
Status:Completed
Sponsor (Horizon II Sponsor)Sponsor (Eldridge Industries)

Igniting Consumer Growth Acquisition Co Ltd

pre-unit
Location not specified•Healthcare
IPO Size
$200M
IPO Date
—
Target
Searching
Ticker:ICGC
Status:Registration
Sponsor (Igniting Growth Consumer Sponsor)

JOFF Fintech Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$300M
IPO Date
Feb 6, 2021
Target
Searching
Ticker:JOFF
Status:Failed
Sponsor (JOFF Fintech Holdings)

KnightSwan Acquisiton Corp

liquidated
Location not specified•Technology
IPO Size
$200M
IPO Date
Jan 22, 2022
Target
Searching
Ticker:KNSW
Status:Failed
Sponsor (KnightSwan Sponsor)

Sports & Health Tech Acquisition Corp

withdrawn
Location not specified•Technology
IPO Size
$150M
IPO Date
—
Target
Searching
Ticker:LDSP
Status:Withdrawn
Sponsor (LeAD Sports & Health Tech Sponsor LLC)

LAVA Medtech Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$100M
IPO Date
Oct 28, 2021
Target
Searching
Ticker:LVAC
Status:Failed
Sponsor (LAVA Medtech Sponsor)

Mosaic Acquisition Corp.

completed
Location not specified•Consumer Goods
IPO Size
$300M
IPO Date
Oct 20, 2017
Target
Vivint
Ticker: VVNT
Ticker:MOSC
Status:Completed

One Equity Partners Open Water I Corp.

liquidated
Location not specified•Other
IPO Size
$300M
IPO Date
Jan 23, 2021
Target
Searching
Ticker:OEPW
Status:Failed
Sponsor (OEP Open Water I Holdings (affiliate of One Equity Partners))

Pathfinder Acquisition Corp

completed
Location not specified•Technology
IPO Size
$275M
IPO Date
Feb 18, 2021
Target
Movella
Ticker:PFDR
Status:Completed
Sponsor (Pathfinder Acquisition)Sponsor (HGGC)

Switchback Energy Acquisition Corp

completed
Location not specified•Energy
IPO Size
$300M
IPO Date
Jul 27, 2019
Target
ChargePoint
Ticker: CHPT
Ticker:SBE
Status:Completed
Sponsor (NGP Switchback)

Spartan Energy Acquisition Corp

completed
Location not specified•Other
IPO Size
$400M
IPO Date
Aug 11, 2018
Target
Fisker
Ticker: FSR
Ticker:SPAQ
Status:Completed
Sponsor (Spartan Energy Acquisition Sponsor)

Spartan Acquisition Corp. III

completed
Location not specified•Energy
IPO Size
$400M
IPO Date
Feb 10, 2021
Target
Allego
Ticker: ALLG
Ticker:SPAQ
Status:Completed
Sponsor (Spartan Acquisition Sponsor III (affiliate of Apollo))

Spartan Acquisition Corp. II

completed
Location not specified•Energy
IPO Size
$250M
IPO Date
Nov 26, 2020
Target
Sunlight Financial
Ticker: SUNL
Ticker:SPRQ
Status:Completed
Sponsor (Spartan Acquisition Sponsor II)

Spartan Acquisition Corp. IV

withdrawn
Location not specified•Technology
IPO Size
$300M
IPO Date
—
Target
Searching
Ticker:SRTN
Status:Withdrawn
Sponsor (Spartan Acquisition Sponsor IV)

TLG Acquisition One Corp.

completed
Location not specified•Technology
IPO Size
$300M
IPO Date
Jan 29, 2021
Target
Electriq Power
Ticker:TLGA
Status:Completed
Sponsor (TLG Acquisition Founder)Sponsor (TLG Capital Management)

Andretti Acquisition Corp.

completed
Location not specified•Transportation
IPO Size
$200M
IPO Date
Jan 14, 2022
Target
Zapata AI
Ticker:WNNR
Status:Completed
Sponsor (Andretti Sponsor)