The annual number of SPAC IPOs completed has steadily increased between 2015 and 2021 in the United States. In Europe, SPAC IPOs remained relatively rare, with the highest number of completed SPAC IPOs being reported in 2017. Meanwhile, the U.S. is experiencing a boom in both the number and volume of money raised by SPACs. Special purpose acquisition companies are public companies with neither a specific business plan, nor a product or service to sell. The specific purpose of SPACs is to raise capital and then merge with, or acquire a private company. An initial public offering (IPO) refers to the process of a private company obtaining capital by offering shares through the primary market.
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Fortune. (March 4, 2021). Number of special purpose acquisition company (SPAC) IPOs completed in the United States and Europe between 2015 and 2021 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 29, 2026, from /statistics/1222250/number-spac-ipo-usa-europe/
Fortune. "Number of special purpose acquisition company (SPAC) IPOs completed in the United States and Europe between 2015 and 2021." Chart. March 4, 2021. ÌÇÐÄÆÆ½â°æ. Accessed July 29, 2026. /statistics/1222250/number-spac-ipo-usa-europe/
Fortune. (2021). Number of special purpose acquisition company (SPAC) IPOs completed in the United States and Europe between 2015 and 2021. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 29, 2026. /statistics/1222250/number-spac-ipo-usa-europe/
Fortune. "Number of Special Purpose Acquisition Company (Spac) Ipos Completed in The United States and Europe between 2015 and 2021." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 4 Mar 2021, /statistics/1222250/number-spac-ipo-usa-europe/
Fortune, Number of special purpose acquisition company (SPAC) IPOs completed in the United States and Europe between 2015 and 2021 ÌÇÐÄÆÆ½â°æ, /statistics/1222250/number-spac-ipo-usa-europe/ (last visited July 29, 2026)
Number of special purpose acquisition company (SPAC) IPOs completed in the United States and Europe between 2015 and 2021 [Graph], Fortune, March 4, 2021. [Online]. Available: /statistics/1222250/number-spac-ipo-usa-europe/