SpacDeskMarket Overview
2,199 SPAC records in coverage · 328 active · 768 deSPAC closed · 788 liquidated
Market Pulse
current state · trailing windows · click a card to drill inTrailing-window flows compare the current window against the immediately prior window of equal length. Forward-looking counts (upcoming votes, redemption deadlines) source from spac_event_datesand cover active SPACs only. Blank / “Unavailable” cells mean the primary source carries no value — never zero. Rising liquidations and redemptions are shown in red; rising issuance and yield in green.
Arb-Market Conditions
10 active redeemable SPACs with executable quotes · as of 2026-07-21Universe = active redeemable SPACs with a valid or thin NBBO ask, trust per share, and a future deadline. YTM = (trust/ask)^(365/days)−1; |YTM| > 200% quarantined. Spread from delayed-SIP NBBO. Trust capital = sum of trust_size per bucket. Cash-return schedule shows trust deadlines by month — the dates at which holders can redeem at trust or the SPAC must liquidate.
SPAC IPOs — 2024-11
9 records| Symbol | Name | Sponsor | Status | IPO Size |
|---|---|---|---|---|
| BACQ | Inflection Point Acquisition Corp. IV | Bleichroeder Sponsor 1 LLC | Completed (deSPAC) | $250.0M |
| GSRT | GSR III Acquisition Corp. | GSR III Sponsor LLC | Completed (deSPAC) | $230.0M |
| CIK0002028935 | FACT II Acquisition Corp. | FACT II Acquisition Parent LLC | Deal Announced | $175.0M |
| DYNC | Dynamix Corporation | DynamixCore Holdings, LLC | Liquidated | $172.5M |
| NTWOW | Newbury Street II Acquisition Corp | Newbury Street II Acquisition Sponsor LLC | Liquidated | $169.1M |
| WLACW | Willow Lane Acquisition Corp. | Willow Lane Sponsor, LLC | Completed (deSPAC) | $126.5M |
| HSPTU | Horizon Space Acquisition II Corp. | Horizon Space Acquisition II Sponsor Corp | Deal Announced | $69.0M |
| NOEM | CO2 Energy Transition Corp. | CO2 Energy Transition, LLC | Liquidated | $69.0M |
| ASPCR | ASPAC III Acquisition Corp. | A SPAC III (Holdings) Corp. | Deal Announced | $60.0M |
Cumulative History
data through 2026-07-21Lifecycle Funnel
announced ev-weighted · cumulative reach · as of 2026-07-21Cumulative reach: each stage counts SPACs that ever reached at least that milestone (a closed deSPAC also counts under Announced and Voted). Stages are weighted by announced ev; each SPAC contributes its announced EV and rows without one are excluded (see per-stage coverage), not counted as $0. Membership maps from current status values enriched by vote / EV evidence; it migrates to canonical lifecycle states once #16 lands. Conversion rates render “—” where a stage is unmeasurable under the active weight.
Universe by Status
announced ev-weighted · as of 2026-07-21 · click a segment to drill in“Active (unclassified)” = post-IPO SPACs whose exact lifecycle stage is not yet resolved. Segments are weighted by announced ev; each SPAC contributes its announced EV and rows without one are excluded (see coverage above), not counted as $0. Status segments link to the Universe table filtered to that status.
SPAC IPO Pricings / Month
Redemption Analytics
as of 2026-09-14 · rate from extracted public-share redemption_pct| Vote year | Votes | w/ Rate | Median | EW Avg | EV-wtd Avg | Σ Redeemed | w/ $ |
|---|---|---|---|---|---|---|---|
| 2026 | 735 | 15/735 | 22.5% | 50.4% | Unknown | $2.3B | 21 |
| 2025 | 863 | 31/863 | 2.5% | 15.9% | Unknown | $570.9M | 26 |
| 2024 | 845 | 28/845 | 19.6% | 25.5% | Unknown | $1.3B | 30 |
| 2023 | 892 | 39/892 | 62.4% | 59.3% | Unknown | $4.2B | 46 |
| 2022 | 598 | 14/598 | 63.4% | 53.8% | Unknown | $2.3B | 13 |
| 2021 | 558 | 11/558 | 88.5% | 78.0% | 108.5% | $1.3B | 14 |
| 2020 | 237 | 5/237 | 11.6% | 27.9% | 34.4% | $207.2M | 11 |
| 2019 | 125 | 6/125 | 75.4% | 67.3% | 28.6% | $423.5M | 5 |
| 2018 | 92 | 5/92 | 4.7% | 16.5% | Unknown | $16.7M | 4 |
| 2017 | 33 | 5/33 | 5.0% | 12.5% | Unknown | $99.8M | 4 |
| 2016 | 17 | 0/17 | Unknown | Unknown | Unknown | Unknown | 0 |
| 2015 | 36 | 0/36 | Unknown | Unknown | Unknown | $0.0 | 2 |
| 2014 | 6 | 0/6 | Unknown | Unknown | Unknown | Unknown | 0 |
| 2013 | 4 | 1/4 | 58.1% | 58.1% | Unknown | Unknown | 0 |
| 2012 | 3 | 0/3 | Unknown | Unknown | Unknown | Unknown | 0 |
Rate = extracted public-share redemption rate (vote-level). Median / averages are computed only over votes that carry a rate — see the per-group coverage; low coverage means the statistic reflects a small sample, not the whole market. Σ Redeemed is a distinct, typically smaller population (votes with an extracted dollar amount). Blank cells read Unknown, not zero. Share-weighted averaging is gated on public-share normalization (#653/#654) and is not fabricated in the interim.
Upcoming Catalysts
next 12 months · 20 events · as of 2026-07-14Forward market catalysts within 365 days, sourced from spac_event_dates and universe — the same primary tables behind the calendar. Each date derives from a DB column; none are fabricated. Filed = the date carries a filing source; Est. = a modelled/estimated date, not filing-confirmed. Terminal SPACs are excluded. Symbols link to the SPAC page.
Counterparty Leaderboards
as of 2026-07-21| # | Entity | IPOs | Σ Proceeds | Completion | Liquidation | Med. TTA | Med. Redemption | Post-Close |
|---|---|---|---|---|---|---|---|---|
| 1 | RMG Sponsor V, LLC | 4 | $2.0B | — | 0.0% | — | — | — |
| 2 | HCM Investor Holdings | 3 | $828.0M | 100.0%n=1 | 0.0% | 6.8mon=2 | — | — |
| 3 | RedOne Investment Limited | 3 | $195.3M | 100.0%n=2 | 0.0% | 10.8mon=3 | 48.0%n=1 | — |
| 4 | Whale Management Corporation | 3 | $106.1M | 50.0%n=2 | 33.3% | 14.9mon=2 | — | — |
| 5 | Drugs Made In America Acquisition LLC | 2 | $704.0M | — | 0.0% | 14.9mon=1 | — | — |
| 6 | Decarbonization Plus Acquisition Sponsor II LLC | 2 | $650.0M | 50.0%n=2 | 50.0% | 6.5mon=2 | 86.8%n=1 | — |
| 7 | Berto Acquisition Sponsor LLC | 2 | $600.3M | — | 0.0% | 5.9mon=1 | — | — |
| 8 | FirstMark Sponsor II LLC | 2 | $600.0M | — | 0.0% | — | — | — |
| 9 | Eagle Equity Partners IV, LLC | 2 | $591.6M | — | 0.0% | — | — | — |
| 10 | Mountain Lake Acquisition Sponsor LLC | 2 | $590.0M | — | 0.0% | 8.7mon=2 | 114.2%n=1 | — |
| 11 | Altitude Acquisition Holdco LLC | 2 | $565.6M | — | 0.0% | — | — | — |
| 12 | Foundry Crucible III, LLC | 2 | $550.0M | — | 0.0% | — | — | — |
| 13 | Graf Acquisition Partners LLC | 2 | $525.0M | — | 0.0% | — | — | — |
| 14 | Roman DBDR Tech Sponsor II LLC | 2 | $500.0M | — | 0.0% | — | — | — |
| 15 | Inflection Point Holdings | 2 | $497.2M | 0.0%n=1 | 50.0% | 4.0mon=1 | — | — |
| 16 | Archimedes Tech SPAC Sponsors II LLC | 2 | $495.9M | — | 0.0% | 14.2mon=1 | — | — |
| 17 | Armada Sponsor II LLC | 2 | $478.5M | — | 0.0% | 5.0mon=1 | — | — |
| 18 | Siddhi Sponsor LLC | 2 | $476.0M | — | 0.0% | 0.1mon=1 | — | — |
| 19 | Evolution Sponsor Holdings | 2 | $471.5M | — | 0.0% | 0.0mon=2 | — | — |
| 20 | Pyrophyte Acquisition II LLC | 2 | $407.5M | 0.0%n=1 | 50.0% | 24.5mon=1 | — | — |
| 21 | Tekkorp JEMB LLC | 2 | $400.0M | 0.0%n=1 | 50.0% | — | — | — |
| 22 | Blue Water Acquisition III LLC | 2 | $382.3M | 0.0%n=1 | 50.0% | 1.3mon=1 | — | — |
| 23 | Tiga Sponsor II LLC | 2 | $361.0M | — | 0.0% | — | — | — |
| 24 | Dune Acquisition Holdings | 2 | $316.3M | — | 0.0% | 9.0mon=1 | — | — |
| 25 | Navigation Capital Holdings | 2 | $308.2M | — | 0.0% | — | — | — |
Showing the top 25 of 34 rankable sponsor groups (≥2 SPACs advised); 487 tracked overall, single-SPAC entities excluded from ranking. Completion = closed ÷ (closed + liquidated), among resolved SPACs only. Liquidation = liquidated ÷ all associated SPACs. TTA = median IPO→announcement gap. Redemption = median extracted public-share redemption rate; only 93 SPACs carry a rate, so most entities read Unknown. Post-Close = median last price vs the $10 trust reference for closed deSPACs; price coverage is thin (6 tickers), so this column is Unknown for nearly all entities — by design, not zero.
Cohort & Survival
time-to-event by IPO-year cohort · as of 2026-07-21Time to Announcement
Time to Close (deSPAC)
| IPO Cohort | n | → Announce | → Close | → Liquidate | → Vote | → Extend |
|---|---|---|---|---|---|---|
| 2026 | 91 | 39d13 · 14%* | Unknown | 3d25 · 27%* | — | — |
| 2025 | 146 | 162d68 · 47%* | 336d9 · 6%* | 3d28 · 19%* | — | — |
| 2024 | 57 | 360d46 · 81% | 514d14 · 25%* | 5d13 · 23%* | — | — |
| 2023 | 32 | 434d30 · 94% | 657d13 · 41%* | 548d3 · 9%* | — | — |
| 2022 | 90 | 614d71 · 79% | 789d46 · 51% | 533d25 · 28%* | — | — |
| 2021 | 616 | 449d425 · 69% | 671d245 · 40%* | 646d288 · 47%* | — | — |
| 2020 | 249 | 217d213 · 86% | 347d181 · 73% | 722d49 · 20%* | — | — |
| 2019 | 59 | 522d57 · 97% | 602d55 · 93% | 1,284d1 · 2%* | — | — |
| 2018 | 44 | 609d41 · 93% | 714d39 · 89% | 559d3 · 7%* | — | — |
| 2017 | 19 | 631d18 · 95% | 711d15 · 79% | 377d2 · 11%* | — | — |
| 2016thin | 3 | 502d2 · 67% | Unknown | 892d1 · 33%* | — | — |
| 2015thin | 7 | 522d5 · 71% | 550d3 · 43%* | 369d2 · 29%* | — | — |
Grouped by IPO year. Each cell is the median day-count to the event over cohort members that reached it, with the reached share (incidence) below; faint medians are right-censored (<50% of the cohort has reached the event) and read biased-low. Blank cells are Unknown, never 0 days. → Vote and → Extend need canonical event dates (spac_event_dates, 278 rows, as of 2026-07-14) and render Unavailable until backfill (#713). 14 earlier cohorts (pre-2015, 68 SPACs, n too small) omitted from the table.