In 2021, SPAC IPOs in the United States raised almost twice as much as they raised in the previous year, reaching approximately *** billion U.S. dollars. In 2022, proceeds of SPAC IPOs surpassed 2017 and 2018 levels, however remained significantly lower than the last two years. A special purpose acquisition company (SPAC) is a company with no business operations which is set up for the sole purpose of raising capital through an initial public offering with the goal of buying an existing company. 2020 was a significant year for SPACs with a dramatic increase in the number of IPOs.
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SPAC Analytics. (January 30, 2025). Proceeds of special purpose acquisition company (SPAC) IPOs in the United States from 2003 to 2024 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1178273/size-spac-ipo-usa/
SPAC Analytics. "Proceeds of special purpose acquisition company (SPAC) IPOs in the United States from 2003 to 2024 (in million U.S. dollars)." Chart. January 30, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1178273/size-spac-ipo-usa/
SPAC Analytics. (2025). Proceeds of special purpose acquisition company (SPAC) IPOs in the United States from 2003 to 2024 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1178273/size-spac-ipo-usa/
SPAC Analytics. "Proceeds of Special Purpose Acquisition Company (Spac) Ipos in The United States from 2003 to 2024 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Jan 2025, /statistics/1178273/size-spac-ipo-usa/
SPAC Analytics, Proceeds of special purpose acquisition company (SPAC) IPOs in the United States from 2003 to 2024 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1178273/size-spac-ipo-usa/ (last visited July 22, 2026)
Proceeds of special purpose acquisition company (SPAC) IPOs in the United States from 2003 to 2024 (in million U.S. dollars) [Graph], SPAC Analytics, January 30, 2025. [Online]. Available: /statistics/1178273/size-spac-ipo-usa/
