By

FLG was pleased to present “Ensuring SPAC Success” in December 2020:

As part of the preparation for this session, we recapped the latest performance metrics for SPAC transactions as well as the tracking of SPAC sponsor activity.

NASDAQ Public Summary of SPAC Performance as of December 3, 2020

SPAC IPOs:

Ticker SPAC Name EXCH IPO Date Raise (mm) UW
KCAC.U Kensington Capital Acquisition Corp NYSE 6/26/2020 $200 UBS Investment Bank
ARYBU ARYA Sciences Acquisition Corp II Nasdaq 6/5/2020 $130 Jefferies
BMRG.U B. Riley Principal Merger Corp II NYSE 5/20/2020 $175 B. Riley FBR, Inc.
FVAC.U Fortress Value Acquisition Corp NYSE 4/30/2020 $300 Deutsche Bank Securities
CCXX.U Churchill Capital Corp III NYSE 2/14/2020 $1,000 Citigroup
HCCOU Healthcare Merger Corp. Nasdaq 12/13/2019 $220 Cantor
SAQNU Software Acquisition Group Inc Units Nasdaq 11/20/2019 $130 B. Riley FBR, Inc.
ORSNU Orisun Acquisition Corp Nasdaq 8/2/2019 $40 Chardan
NFINU Netfin Acquisition Corp. Nasdaq 7/31/2019 $220 B, Riley FBR, Inc
CPAAU Conyers Park II Acquisition Corp Nasdaq 7/18/2019 $400 Deutsche Bank
PAACU Proficient Alpha Acquisition Corp Nasdaq 5/30/2019 $100 I-Bankers Securities
DEACU Diamond Eagle Acquisition Corp. Nasdaq 5/10/2019 $350 Deutsche Bank
HSACU Health Sciences Acquisitions Nasdaq 5/10/2019 $100 Chardan
ACTTU Act II Global Acquisition Corp Nasdaq 4/26/2019 $250 Cantor Fitzgerald
BRPM.U B. Riley Principal Merger Corp. NYSE 4/9/2019 $125 B. Riley FBR
JFKKU 8i Enterprises Acquisition Corp. Units Cons of 1 Sh + 1 Rt + 1 Wt Nasdaq 3/28/2019 $50 Chardan
INSUU Insurance Acquisition Corp. Units Cons of 1 Sh -A- + 0.5 Wt 31.03.24 Nasdaq 3/20/2019 $131 Cantor
DPHCU DiamondPeak Holdings Corp. Nasdaq 2/28/2019 $250 Deutsche Bank
SHLLU Tortoise Acquisition NYSE 2/28/2019 $225 Barclays
HHHHU Wealthbridge Acquisition Ltd. Nasdaq 2/6/2019 $50 Chardan
GMHIU Gores Metropoulos, Inc. Nasdaq 2/1/2019 $375 Deutsche Bank
PVT.U Pivotal Acquisition Corp. NYSE 1/31/2019 $200 Cantor
CHAC.U Chardan Healthcare Acquisition Corp. NYSEAM 12/14/2018 $70 Chardan
CFFAU CF Finance Acquisition Corp. Nasdaq 12/13/2018 $250 Cantor
FTACU FinTech Acquisition Corp. III Nasdaq 11/16/2018 $300 Cantor
BWMCU Boxwood Merger Corp. Nasdaq 11/16/2018 $200 BAML
GRAF.U Graf Industrial Corp. NYSE 10/16/2018 $225 EarlyBird
DDMXU DD3 Acquisition Corp. Nasdaq 10/12/2018 $50 EarlyBird
CCH.U Collier Creek Holdings NYSE 10/5/2018 $350 Citigroup
ARYAU ARYA Sciences Acquisition Corp. Nasdaq 10/5/2018 $125 Jefferies
EDTXU EdtechX Holdings Acquisition Corp. Nasdaq 10/5/2018 $55 Chardan
CTACU ChaSerg Technology Acquisition Corp. Nasdaq 10/5/2018 $200 Cantor
GRSHU Gores Holdings III Inc Nasdaq 9/7/2018 $375 Deutsche
CCC.U Churchill Capital Corp. NYSE 9/7/2018 $600 Citigroup
TKKSU TKK Symphony Acquisition Corp Nasdaq 8/16/2018 $220 EarlyBird
SPAQ.U Spartan Energy Acquisition Corp. NYSE 8/10/2018 $480 Citigroup
FMCIU Forum Merger II Corp. Nasdaq 8/3/2018 $200 Jefferies
GLACU Greenland Acquisition Corp. Nasdaq 7/25/2018 $40 Chardan
NFC.U New Frontier Corp. NYSE 6/28/2018 $250 Credit Suisse
TWLVU Twelve Seas Investment Co. Nasdaq 6/20/2018 $180 EarlyBird
TBRGU Thunder Bridge Acquisition Ltd. Nasdaq 6/19/2018 $225 Cantor
FPAC.U Far Point Acquisition Corp. NYSE 6/12/2018 $550 Credit Suisse
GSAH.U GS Acquisition Holdings Corp. NYSE 6/8/2018 $600 Goldman
VTIQU VectoIQ Acquisition Corp. Nasdaq 5/16/2018 $200 Cowen
TMCXU Trinity Merger Corp. Nasdaq 5/15/2018 $300 B Riley FBR
PACQU Pure Acquisition Corp. Nasdaq 4/12/2018 $360 Oppenheimer
TIBRU Tiberius Acquisition Corp. Nasdaq 3/16/2018 $150 Cantor
LTN.U Union Acquisition Corp. NYSE 3/2/2018 $100 Ladenburg
DFBHU DFB Healthcare Acquisition Corp. Nasdaq 2/16/2018 $250 Goldman
LHC.U Leo Holdings Corp. NYSE 2/12/2018 $200 Citigroup
MUDSU Mudrick Capital Acquisition Corp. Nasdaq 2/8/2018 $200 Cantor
MTEC MTech Acquisition Corp. Nasdaq 1/30/2018 $50 EarlyBird
GPAQU Gordon Pointe Acquisition Corp. Nasdaq 1/25/2018 $125 B Riley FBR
OMAD.U One Madison Corp. NYSE 1/18/2018 $300 Credit Suisse
EAGLU Platinum Eagle Acquisition Corp. Nasdaq 1/12/2018 $300 Deutsche
NEBUU Nebula Acquisition Corp. Nasdaq 1/10/2018 $250 Deutsche
GIG.U GigCapital, Inc. NYSE 12/8/2017 $125 Cowen
LGC.U Legacy Acquisition Corp. NYSE 11/17/2017 $300 Wells Fargo
CMSSU CM Seven Star Acquisition Corp. Nasdaq 10/26/2017 $180 EarlyBird
HYACU Haymaker Acquisition Corp. Nasdaq 10/25/2017 $300 Cantor
MOSC.U Mosaic Acquisition Corp. NYSE 10/21/2017 $300 Deutsche
BRACU Black Ridge Acquisition Corp. Nasdaq 10/5/2017 $120 EarlyBird
IPOA.U Social Capital Hedosophia Hold. NYSE 9/15/2017 $600 Credit Suisse
CIC Capitol Investment Corp. IV NYSE 8/16/2017 $350 Citigroup
WRLSU Pensare Acquisition Corp. Nasdaq 7/27/2017 $270 EarlyBird
FSACU Federal Street Acquisition Corp. Nasdaq 7/19/2017 $400 Citigroup
TPGH TPG Pace Holdings Corp NYSE 6/28/2017 $400 Deutsche
CNACU Constellation Alpha Capital Corp. Nasdaq 6/20/2017 $125 Cowen
BCACU Bison Capital Acquisition Corp. Nasdaq 6/20/2017 $53 EarlyBird
KBLMU KBL Merger Corp. IV Nasdaq 6/2/2017 $100 Ladenburg
MMDMU Modern Media Acquisition Corp. Nasdaq 5/12/2017 $180 Macquarie
HUNTF Hunter Maritime Acquisition Corp. Nasdaq 11/18/2016 $150 Morgan Stanley
GTYHU GTY Technology Holdings, Inc. Nasdaq 10/27/2016 $480 Citigroup
PECK Jensyn Acquisition Corp. Nasdaq 3/3/2016 $39 Chardan

 

Completed Company SPAC Transactions:

Common Shares Price Change
Ticker Company Name EXCH Completion Date Price Change 1M Post Price Change 3M Post Price Change 6M Post Price Change Close to Current
LAZR Luminar Technologies, Inc Nasdaq 12/3/2020 4%
QS QuantumScape NYSE 11/27/2020 56%
ID Onyx Enterprises International/ PARTS iD NYSE 11/23/2020 36%
MP MP Materials NYSE 11/18/2020 47%
GCMG GCM Grosvenor Nasdaq 11/18/2020 -7%
UK Ucommune Nasdaq 11/18/2020 -28%
EOSE Eos Energy Storage Nasdaq 11/17/2020 -17%
TRIT Triterras Fintech Nasdaq 11/11/2020 -18%
ATNF 180 Life Sciences Nasdaq 11/9/2020 $0
TLMD SOC Telemed Nasdaq 11/2/2020 11%
FSR Fisker NYSE 10/30/2020 91% -11%
ADV Advantage Solutions Nasdaq 10/29/2020 10% 159%
CERE  Cerevel Therapeutics Nasdaq 10/28/2020 46% 215%
RIDE Lordstown Motors Nasdaq 10/26/2020 43% -4%
PAYA Paya Nasdaq 10/19/2020 -13% -14%
TTCF Itella International/ Tattooed Chef Nasdaq 10/16/2020 -34% 1%
SFT Shift Technologies Nasdaq 10/15/2020 -36% 21%
CURI CuriosityStream Inc. Nasdaq 10/15/2020 -18% -25%
MPLN Multiplan NYSE 10/9/2020 -12% -54%
HYLN Hyliion Holdings NYSE 10/2/2020 -53%
EQOS Diginex Ltd Nasdaq 10/1/2020 -20%
VLDR Velodyne Lidar, Inc Nasdaq 9/30/2020 -35% -12%
GB Global Blue NYSE 8/31/2020 -29% 18% -4%
UTZ Utz Quality Foods NYSE 8/31/2020 -3% 10% -43%
HPK HighPeak Energy Nasdaq 8/24/2020 2% -22% -2%
DMS Digital Media Solutions NYSE 7/16/2020 -8% -24% -52%
HOFV Hall of Fame Resort & Entertainment Company Nasdaq 7/2/2020 -41% -78% 228%
IMTX Immatics Biotechnologies GmbH Nasdaq 7/2/2020 -25% -28% -20%
FREE Whole Earth Brands Nasdaq 6/25/2020 -24% -20% 6%
LGHL Lion Financial Group Limited Nasdaq 6/17/2020 72% -6% -28%
LPRO Open Lending LLC Nasdaq 6/11/2020 19% 66% -86%
NKLA Nikola Corporation Nasdaq 6/3/2020 68% 6% -9%
HYMC Hycroft Mining Corporation Nasdaq 5/29/2020 -27% -24% -40% -17%
SJ Scienjoy Holding Corporation Nasdaq 5/11/2020 -33% -31% -21% 108%
DKNG DraftKings Inc Nasdaq 4/24/2020 50% 94% 121% 18%
AVCT Computex Technology Solutions Nasdaq 4/7/2020 -40% 15% 56% 71%
METX Meten Education Nasdaq 3/31/2020 -49% -48% -75% -38%
IGIC IGI Holdings Nasdaq 3/18/2020 -21% -18% -18% -19%
BWMX Betterware de Mexico Nasdaq 3/13/2020 -14% -6% 142% -11%
GDYN Grid Dynamics Holdings Nasdaq 3/6/2020 -31% -23% -36% -15%
GSMG Glory Star New Media Group Holdings Limited Nasdaq 2/19/2020 40% 90% 57% 85%
ATCX Atlas Technical Consultants Nasdaq 2/18/2020 -55% -31% -31% 48%
ALTG Alta Equipment Holdings NYSE 2/18/2020 -64% -41% -20% 24%
PAE PAE Incorporated Nasdaq 2/11/2020 -18% -18% -27% -44%
VRT Vertiv Holdings NYSE 2/10/2020 -15% -15% 30% -5%
KLDI KLDiscovery or Superior Document OTC 1/27/2020 -13% -5% 2% -30%
VVNT Vivint Smart Home, Inc NYSE 1/21/2020 83% -7% 47% -10%
BROG Brooge Petroleum Nasdaq 12/20/2019 -16% -16% -9% 12%
IMVT Immunovant Sciences Nasdaq 12/19/2019 6% -42% 69% 257%
NFH New Frontier Health Corporation NYSE 12/19/2019 -7% -28% -21% -21%
KLR Kaleyra, Inc NYSEAM 11/25/2019 -28% -27% -43% -42%
ACEL Accel Entertainment Gaming LLC NYSE 11/21/2019 15% 19% -16% -74%
BRMK Broadmark Realty Capital NYSE 11/15/2019 9% 16% -33% -84%
AHCO AdaptHealth Holding Corp Nasdaq 11/11/2019 7% 67% 67% 12%
GTEC Greenland Technologies Holding Corp Nasdaq 10/29/2019 0% -41% -68% 110%
PHGE BiomX NYSEAM 10/29/2019 -24% -3% -43% -84%
SPCE Virgin Galactic NYSE 10/28/2019 -38% 53% 49% -20%
SONG Akazoo Nasdaq 9/11/2019 11% 6% -39% -1%
DMTK DermTech, Inc Nasdaq 8/30/2019 2% 46% 119% 133%
AESE Allied Esports Entertainment, Inc. Nasdaq 8/12/2019 32% 5% -41% -22%
NSCO Nesco Holdings NYSE 7/31/2019 -31% -49% -52% 111%
RPAY Repay Holdings Corp. Nasdaq 7/12/2019 -12% 4% 23% -74%
PECK Peck Co Holdings Nasdaq 6/20/2019 -69% -72% -86% 139%
KERN Akerna Corp Nasdaq 6/18/2019 -16% -44% -27% -34%
PACK Ranpak Corporation NYSE 6/3/2019 -10% -42% -34% 85%
XYN Xynomic Pharmaceuticals, Inc. Nasdaq 5/15/2019 -15% 11% 7%
CCC Clarivate Analytics NYSE 5/14/2019 10% 27% 25% -5%
KXIN Kaixin Auto Holdings Nasdaq 5/1/2019 -15% -42% -46% 118%
HUNT NCF Wealth Holdings Nasdaq 3/23/2019 -29%
OSW OneSpaWorld Nasdaq 3/21/2019 12% 27% 32% -19%
TH Target Hospitality Corp Nasdaq 3/18/2019 2% -5% -33%
BIOX Bioceres NYSEAM 3/15/2019 -1% 0% 39% -95%
GTYH GTY Govtech Inc. Nasdaq 2/20/2019 -16% -6% -39% -63%
Agiliti Health, Inc. 1/7/2019 -65%

SPAC  PERFORMANCE OVERALL:

Median -14% -7% -20% -10%
Mean -6% -6% 0% 11%