In 2020, the majority of special purpose acquisition companies (SPACs) in the United States had two years until liquidation. Over **** of U.S. SPACs were 24 months away from liquidation in 2020. 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 (IPO), with the goal of buying an existing company.
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Mayer Brown. (December 1, 2020). Share of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by time to liquidation (in months) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1232461/share-of-spac-seeking-acquisitions-by-months-to-liquidation-usa/
Mayer Brown. "Share of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by time to liquidation (in months)." Chart. December 1, 2020. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1232461/share-of-spac-seeking-acquisitions-by-months-to-liquidation-usa/
Mayer Brown. (2020). Share of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by time to liquidation (in months). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1232461/share-of-spac-seeking-acquisitions-by-months-to-liquidation-usa/
Mayer Brown. "Share of Special Purpose Acquisition Companies (Spacs) Seeking Acquisitions in The United States in 2020, by Time to Liquidation (in Months)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Dec 2020, /statistics/1232461/share-of-spac-seeking-acquisitions-by-months-to-liquidation-usa/
Mayer Brown, Share of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by time to liquidation (in months) ÌÇÐÄÆÆ½â°æ, /statistics/1232461/share-of-spac-seeking-acquisitions-by-months-to-liquidation-usa/ (last visited August 01, 2026)
Share of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by time to liquidation (in months) [Graph], Mayer Brown, December 1, 2020. [Online]. Available: /statistics/1232461/share-of-spac-seeking-acquisitions-by-months-to-liquidation-usa/