SpacDeskCitigroup
53 SPAC IPOs underwritten · 45 as left lead · 5 active
IPOs Underwritten
53
Total trust raised
$14.5B
Left-lead
45
85% of mandates
Active mandates
5
18 closed · 14 liquidated
Citigroup has been among the most active SPAC underwriters on Wall Street, having served as bookrunner on 53 blank-check IPOs since its market debut in the sector in 2007. The global investment bank acted as left lead on 45 of those transactions, reflecting consistent and dominant demand for its underwriting capabilities across successive SPAC market cycles. Citigroup currently holds five active mandates and has closed 18 deals through its SPAC practice, which spans a broad range of industries including financial services, technology, and industrials. The firm's nearly two-decade presence across multiple issuance waves places it among the most experienced underwriters in the blank-check space. Sign up at SpacDesk for the full picture on Citigroup's SPAC deal history, active mandates, and pipeline data.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| KBON Karbon Capital Partners Corp. | — | $345.0M | Lead | Searching | 2025-12-12 | — |
| BCSS Bain Capital GSS Investment Corp. | — | $400.0M | Lead | Searching | 2025-09-30 | — |
| PMTRU Perimeter Acquisition Corp. I | Perimeter Acquisition Sponsor LLC | $236.7M | Lead | Searching | 2025-05-14 | — |
| ANSC Agriculture & Natural Solutions Acquisition Corp | Decarbonization Plus Acquisition Sponsor II LLC | $10.5M | Lead | Deal Announced | 2023-11-13 | Australian Food & Agriculture Company Limited ACN 005 858 293 |
| NETD Nabors Energy Transition Corp. II | — | $305.0M | Lead | Deregistered | 2023-07-17 | — |
| SVII Spring Valley Acquisition Corp. II | — | $230.0M | Lead | Completed | 2022-10-14 | Eagle Energy Metals Corp. |
| PLAO Patria Latin American Opportunity Acquisition Corp. | Patria SPAC LLC | $230.0M | Co-Mgr | Liquidated | 2022-03-10 | — |
| ATEK Athena Technology Acquisition Corp. II | — | $248.8M | Lead | Deal Announced | 2021-12-13 | Ace Green Recycling, Inc. |
| BRD Beard Energy Transition Acquisition Corp. | — | $250.0M | Lead | Deregistered | 2021-11-24 | Suntuity |
| bleuacacia ltd bleuacacia ltd | — | $276.0M | Co-Mgr | Deregistered | 2021-11-19 | — |
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| GTAC Global Technology Acquisition Corp. I | — | $200.0M | Lead | Deregistered | 2021-10-22 | Tyfon Culture Holdings Limited |
| CDAQ Compass Digital Acquisition Corp. | Compass Digital SPAC LLC | $208.4M | Lead | Liquidated | 2021-10-18 | Key Mining Corp. |
| SLVR SILVERspac Inc. | — | $250.0M | Co-Mgr | Deregistered | 2021-09-13 | — |
| DCRD Decarbonization Plus Acquisition Corp IV | — | $316.3M | Co-Mgr | Completed | 2021-08-12 | HAMMERHEAD ENERGY INC |
| APTM Plum Acquisition Corp. III | Alpha Partners Technology Merger Sponsor LLC | $278.0M | Lead | Liquidated | 2021-07-29 | Tactical Resources Corp |
| TCVA TCV Acquisition Corp. | — | $400.0M | Lead | Deregistered | 2021-04-15 | — |
| TWOA two | — | $214.4M | Lead | Completed | 2021-03-30 | LatAm Logistic Properties |
| KVSC Khosla Ventures Acquisition Co. III | — | $500.0M | Co-Mgr | Liquidated | 2021-03-25 | — |
| DISA Disruptive Acquisition Corp I | — | $257.0M | Co-Mgr | Liquidated | 2021-03-25 | — |
| KIND Khosla Ventures Acquisition Co. II | — | $400.0M | Lead | Completed | 2021-03-25 | Nextdoor Holdings, Inc. |
| SBII Sandbridge X2 Corp | — | $238.2M | Lead | Deregistered | 2021-03-11 | — |
| ANAC ARCTOS NORTHSTAR ACQUISITION CORP. | — | $316.3M | Lead | Liquidated | 2021-02-24 | — |
| Alpha Capital Acquisition Co Alpha Capital Acquisition Co | — | $207.0M | Lead | Completed | 2021-02-22 | SEMANTIX INC |
| FACA Figure Acquisition Corp. I | — | $287.5M | Lead | Liquidated | 2021-02-22 | — |
| TBA Thoma Bravo Advantage | — | $900.0M | Lead | Completed | 2021-01-15 | ironSource |
| SVFA SVF Investment Corp. | — | $525.0M | Lead | Liquidated | 2021-01-11 | — |
| AGCB Altimeter Growth Corp. 2 | — | $230.0M | Lead | Liquidated | 2021-01-08 | — |
| PAQ Provident Acquisition Corp. | — | $206.0M | Lead | Completed | 2021-01-08 | Perfect Corp |
| KAIR Kairos Acquisition Corp. | — | $200.0M | Lead | Deregistered | 2021-01-08 | — |
| PPGH Poema Global Holdings Corp. | Poema Global Partners LLC | $241.3M | Lead | Completed | 2021-01-07 | GOGORO INC |
| SCOA ScION Tech Growth I | — | $575.0M | Co-Mgr | Liquidated | 2020-12-17 | — |
| HMCO HumanCo Acquisition Corp. | — | $258.8M | Lead | Liquidated | 2020-12-10 | — |
| PIPP Pine Island Acquisition Corp. | — | $250.0M | Lead | Deregistered | 2020-11-18 | — |
| MAAC Montes Archimedes Acquisition Corp | — | $500.0M | Lead | Completed | 2020-10-09 | ROIVANT SCIENCES LTD |
| AGC Altimeter Growth Corp. | — | $490.0M | Lead | Completed | 2020-10-02 | GRAB HOLDINGS LTD |
| NMMC North Mountain Merger Corp | — | $132.3M | Lead | Liquidated | 2020-09-18 | Corcentric, Inc |
| FST FAST Acquisition Corp. | — | $206.0M | Lead | Deregistered | 2020-08-21 | Fertitta Entertainment, Inc |
| VEAC Vantage Energy Acquisition Corp. | — | $400.0M | Lead | Deregistered | 2017-04-12 | QEP Energy Company |
| CLAC Capitol Acquisition Corp. III | — | $350.0M | Lead | Completed | 2015-10-15 | CISION LTD |
| PACE1 Pace Holdings Corp. | — | $450.0M | Co-Mgr | Completed | 2015-09-11 | PLAYA HOTELS & RESORTS NV |
| AUMA Axar Acquisition Corp. | — | $300.0M | Lead | Liquidated | 2014-10-03 | — |
| KW Prospect Acquisition Corp. | — | $250.0M | Lead | Completed | 2007-11-15 | Kennedy-Wilson Holdings, Inc. |
| GGA GSC Acquisition Company | — | $169.1M | Lead | Liquidated | 2007-06-27 | — |
| BOULEVARD ACQUISITION CORP. II BOULEVARD ACQUISITION CORP. II | — | $350.0M | Lead | Completed | — | ESTRE USA INC. |
| AMV Alternative Asset Management Acquisition Corp | — | $300.0M | Lead | Completed | — | — |
| GGI Guggenheim Special Purpose Acquisition Corp. I | Guggenheim Partners Holdings | $513.0M | Lead | Withdrawn | — | — |
| CFCO CF Corporation | — | $510.0M | Lead | Completed | — | FGL HOLDINGS |
| RAF Resources Acquisition Corp. | Boulle Heritage LLC | $150.0M | Lead | Withdrawn | — | — |
| BLVD Boulevard Acquisition Corp | — | $176.0M | Lead | Completed | — | AgroFresh Solutions, Inc. |
| LEVY Levy Acquisition Corp | — | $151.0M | Lead | Completed | — | Del Taco Restaurants, Inc. |
| HBC Acquisition Corp HBC Acquisition Corp | — | $100.0M | Lead | Withdrawn | — | — |
| MSVA Mindset Growth Opportunities I Corp. | — | $175.0M | Lead | Withdrawn | — | — |
| OSAA OS Acquisition Corp. | — | $155.0M | 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.