BTIG, LLC
20 SPAC IPOs underwritten · 15 as left lead · 10 active
BTIG, LLC is a New York-based financial services firm that has built a notable footprint in the SPAC underwriting market since entering the space in 2020. The firm has acted as bookrunner on 20 SPAC initial public offerings, serving as left lead on 15 of those transactions, a ratio that reflects a consistent role anchoring deal teams rather than co-managing. BTIG currently carries 10 active mandates across the blank-check sector and has closed four deals to date, indicating continued activity despite the broader contraction in SPAC issuance. Its SPAC practice spans diversified financial services and multi-industry target profiles. For full underwriter analytics, deal history, and active mandate tracking on BTIG, sign up for SpacDesk at spacdesk.com.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| BWIV Blue Water Acquisition Corp. IV | Blue Water Acquisition III LLC | $129.3M | Lead | Deal Announced | 2026-03-20 | Maha Capital AB |
| ILLU Illumination Acquisition Corp. I | Illumination Acquisition 1 Sponsor LLC | $205.7M | Lead | Searching | 2026-02-27 | — |
| TMTS Spartacus Acquisition Corp. II | Spartacus Sponsor II LLC | $203.8M | Lead | Searching | 2026-02-11 | — |
| CAQ Cambridge Acquisition Corp. | Cambridge Sponsor LLC | $204.6M | Lead | Searching | 2026-02-06 | — |
| LEGO Legato Merger Corp. IV | — | $230.0M | Lead | Searching | 2026-01-26 | — |
| CCCX Churchill Capital Corp X | — | — | Lead | Completed | 2025-05-15 | Infleqtion, Inc. |
| TDAC Translational Development Acquisition Corp. | Stone Capital Partners LLC | $156.4M | Lead | Deal Announced | 2024-12-23 | Prologium Holding Inc |
| WLACW Willow Lane Acquisition Corp. | Willow Lane Sponsor, LLC | $126.5M | Lead | Completed | 2024-11-08 | Boost Run Holdings, LLC |
| POLE Andretti Acquisition Corp. II | Andretti Sponsor II LLC | $230.0M | Lead | Deal Announced | 2024-09-05 | StoreDot Ltd |
| LEGT Legato Merger Corp. III | — | $201.3M | Lead | Completed | 2024-02-06 | Einride AB |
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| ISRL Israel Acquisitions Corp | Israel Acquisitions Sponsor LLC | $141.3M | Lead | Deal Announced | 2023-01-17 | Gadfin Ltd |
| HWKZ Hawks Acquisition Corp | — | $200.0M | Lead | Liquidated | 2021-10-12 | — |
| ACAH Atlantic Coastal Acquisition Corp. | Atlantic Coastal Acquisition Management LLC | $308.2M | Lead | Liquidated | 2021-03-05 | Essentium, Inc |
| SLAM Slam Corp | — | $575.0M | Co-Mgr | Deal Announced | 2021-02-24 | Lynk Global, Inc |
| EQHA EQ Health Acquisition Corp. | — | $160.0M | Co-Mgr | Liquidated | 2021-02-01 | — |
| CLRM Clarim Acquisition Corp. | — | $250.0M | Co-Mgr | Liquidated | 2021-02-01 | — |
| BTWN Bridgetown Holdings Ltd | — | $550.0M | Co-Mgr | Completed | 2020-10-19 | MoneyHero |
| PMVC PMV Consumer Acquisition Corp. | PMV Consumer Acquisition Holding Company, LLC | $175.0M | Co-Mgr | Deal Announced | 2020-09-22 | — |
| MLAC Malacca Straits Acquisition Company Limited | — | $125.0M | Lead | Liquidated | 2020-07-15 | — |
| WPA Whale Point Acquisition Corp. | Whale Point Sponsor LLC | $153.0M | Lead | Withdrawn | — | — |
Underwriter data extracted from S-1 and S-1/A prospectus cover sheets filed with the SEC. Role classification (left lead, co-manager) based on syndicate position order. Trust size reflects declared trust at IPO.