BTIG, LLC
20 SPAC IPOs underwritten · 15 as left lead · 6 active
BTIG, LLC is a mid-market investment bank that entered the SPAC underwriting market in 2020 and has since built a notable track record as a bookrunner in the blank-check space. The firm has participated in 20 SPAC IPOs over that span, acting as left lead on 15 of those transactions, a ratio that reflects its standing as a principal underwriter rather than a passive syndicate member. BTIG currently carries six active mandates alongside four closed deals, indicating continued engagement with the SPAC market into 2026. For BTIG's complete deal history, pipeline details, and sponsor analytics, sign up for full access at SpacDesk.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| BWIV-UN Blue Water Acquisition Corp. IV | Blue Water Acquisition III LLC | $129.3M | Lead | Deal Announced | 2026-03-20 | Maha Capital AB |
| ILLUW Illumination Acquisition Corp. I | Illumination Acquisition 1 Sponsor LLC | $205.7M | Lead | Searching | 2026-02-27 | — |
| TMTSW Spartacus Acquisition Corp. II | Spartacus Sponsor II LLC | $198.0M | Lead | Liquidated | 2026-02-11 | — |
| CAQUW Cambridge Acquisition Corp. | Cambridge Sponsor LLC | $204.6M | Lead | Searching | 2026-02-06 | — |
| LEGO-WT Legato Merger Corp. IV | — | $230.0M | Lead | Searching | 2026-01-26 | — |
| CCCX Churchill Capital Corp X | — | — | Lead | Completed | 2025-05-15 | Infleqtion, Inc. |
| TDACW Translational Development Acquisition Corp. | Stone Capital Partners LLC | $155.7M | Lead | Liquidated | 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 |
| POLEW Andretti Acquisition Corp. II | Andretti Sponsor II LLC | $230.0M | Lead | Liquidated | 2024-09-05 | StoreDot Ltd |
| LEGT-UN 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 | Liquidated | 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 |
| SLAMF 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 |
| PMVCW 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.