Embarc

Underwriter

ThinkEquity

SPACs
6

Industry Breakdown

Other3 (50.0%)
Technology3 (50.0%)

Geographic Distribution

Delaware5
Unknown1

Status Distribution

Completed
4
66.7%
Withdrawn
1
16.7%
Failed
1
16.7%

Market Insights

Analysis based on 6 spacs worth $750M in total value.

Other
Top Industry
Delaware
Most Active State
$125M
Average Deal Size

Showing 6 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)

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)

FG Merger Corp.

completed
Location not specified•Other
IPO Size
Not disclosed
IPO Date
Mar 1, 2022
Target
iCoreConnect
Ticker: ICCT
Ticker:FGMC
Status:Completed
Sponsor (FG Merger Investors)

FG New America Acquisition Corp.

completed
Location not specified•Other
IPO Size
$225M
IPO Date
Oct 1, 2020
Target
Opportunity Financial
Ticker: OPFI
Ticker:FGNA
Status:Completed
Sponsor (FG New America Investors)

FG New America Acquisition II Corp

withdrawn
Location not specified•Technology
IPO Size
$225M
IPO Date
—
Target
Searching
Ticker:FGNB
Status:Withdrawn
Sponsor (FG New America Investors II)

TG Venture Acquisition Corp.

liquidated
Location not specified•Technology
IPO Size
$100M
IPO Date
Nov 4, 2021
Target
Searching
Ticker:TGVC
Status:Failed
Sponsor (Tsangs Group Holdings Limited)