Cowen and Company, LLC
4 SPAC IPOs underwritten · 3 as left lead · 0 active
Cowen and Company, LLC is a diversified investment bank that entered the SPAC underwriting market in 2013, accumulating a record of four blank-check IPOs over the course of its SPAC practice. The firm served as left-lead bookrunner on three of those four transactions, reflecting a consistent role as a primary capital markets intermediary in the space. Two of its mandates have progressed to a closed-deal outcome, while the firm currently carries no active SPAC underwriting mandates. Cowen was subsequently acquired by Toronto-Dominion Bank and now operates as TD Cowen. For the full underwriter history, deal timelines, and filing-level analytics on Cowen and Company, sign up for complete data access at SpacDesk.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| PANA Panacea Acquisition Corp. II | — | $150.0M | Lead | Liquidated | 2021-04-08 | — |
| SPCE Social Capital Hedosophia Holdings Corp. | — | $690.0M | Co-Mgr | Completed | 2017-09-15 | Virgin Galactic Holdings, Inc |
| GDEF Global Defense & National Security Systems, Inc. | — | $73.5M | Lead | Completed | 2013-10-25 | STG GROUP INC |
| IPI Intrepid Acquisition Corp I | — | — | Lead | Withdrawn | — | — |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.