Insights series / 18 November 2021
The future of SPACs
With renewed interest in Special Purpose Acquisition Companies following the recent loosening of regulation, read our latest insight series where we examine if the party is over or just beginning for SPACs.
Back in 2013 there were only 10 SPAC IPOs in the US, where the bulk of SPACs list. According to research by data provider Dealogic and Goldman Sachs, these SPACs only raised around $1bn. By 2020, that number had grown to 228, raising $77bn, and then the SPACs mania became even more intense. In one week alone during Q1 2021, 37 SPACs came to market. Find out how SPACs became so popular.