Whale Management Corporation

3 deals · 0 closed · 1 liquidated · 2 in flight

Whale Management Corporation is a SPAC sponsor that has been active in the blank-check market since 2018, having brought three special purpose acquisition companies to market across its history. Of those three vehicles, none has resulted in a completed business combination, and at least one has been liquidated, returning capital to public shareholders. The sponsor's track record places it among a cohort of smaller, repeat SPAC managers that have navigated the market through both the peak activity years of 2020–2021 and the subsequent cooldown period. Full deal-level data on Whale Management Corporation's vehicles, including filing histories, extension votes, and redemption activity, is available to subscribers at SpacDesk — sign up today for comprehensive SPAC sponsor analytics.

Hot Seat Score

-17Weak

Close rate

Median speed

30.8 mo

Blended redemption

—

Total votes / extensions

5 / 1

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

Total IPO Capital

$106.1M

Avg Extensions / Deal

0.0

Canonical

whale management

Promote Economics (2 SPACs with data)

Total At-Risk

$5.4M

Total PP Warrants

310,000

Principals (8)

Matthew ChenChairman and Chief Executive Officer

Luhuan ZhongDirector

Teddy ZhengChief Financial Officer

Pai LiuDirector

Wen HeDirector

Feng PengDirector Nominee

Jun LiuDirector Nominee

Jason ZhangDirector Nominee

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome
LOAC	Longevity Acquisition Corp	2018-08-29	$38.8M	Closed	4D Pharma PLC	closed 2021-03-23
FSHPR	Flag Ship Acquisition Corp	2024-06-20	$67.3M	Liquidated	Great Rich Technologies Limited	announced 2024-10-21
FFSH	Flag Fish Acquisition Corp	—	—	Searching	—	—