An In-Depth Look at SPAC Activity Throughout the Full Year of 2022
Below is a summary of the 2022 SPAC market.
By all counts, the number of SPAC IPOs in 2021, at 613, was a high water mark not likely to be seen again in future years. And while the 2022 count was considerably less at 86, it still represents a significant amount when taking into account that only three years ago, in 2019, SPACs had a record year pricing just 59 SPACs. However, of those 86 2022 IPOs, 70 of them were priced in the first half of the year with only 16 coming in the second half. It was a challenging year in total, but the second half proved to be especially difficult.
Read on for the the full-year 2022 review before heading into Q1 and beyond.
Iris II has filed for a $150 million SPAC with a partially revamped sponsor team and some new bells and whistles in its terms to join the new generation of vehicles in the hunt. The new SPAC is offering investors a 1/2 warrant in each unit and will be funded to the standard 100.0% with...
Simon Irish, CEO Terrestrial Energy, and Shawn Matthews, CEO & Chairman HCM II, Discuss Emerging Trends and Nuclear Power What many of the biggest trends in emerging technology today have in common is that they require significantly more electricity and reliable means of receiving it efficiently. This week, we speak with Simon Irish, CEO of...
Quantumsphere Acquisition Corporation (NASDAQ:QUMSU) announced the pricing of its upsized $72 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “QUMSU”, Wednesday, August 6, 2025. The new SPAC aims to combine with a target company in a large under penetrated market with favorable industry dynamics. Quantumsphere’s management team...
At the SPAC of Dawn While a variety of signs have been pointing up for the reborn SPAC market for some months now, a return to low redemptions is one that more time is needed to assess. Black Spade II and JVSPAC are the only SPACs that IPO’d in 2024 or later that have managed...
EQV Ventures (NYSE:EQV) has entered into a definitive agreement to combine with oil & gas firm Presidio Petroleum at an enterprise value of $664 million, or 4.2x its 2025E unlevered free cash flow. Dallas-based Presidio holds a portfolio of about 2,000 oil wells that it aims to expand through the Anadarko Basin of the south-central...