Cowen and Company, LLC
4 SPAC IPOs underwritten · 3 as left lead · 0 active
Cowen and Company, LLC is a New York-based investment bank that built a notable presence in the SPAC market beginning in 2017. The firm participated as underwriter on four SPAC initial public offerings, acting as left lead on three of those transactions. Of its completed mandates, three deals reached a definitive close, and the firm currently carries no active SPAC assignments. Cowen, which was acquired by TD Securities in 2023, worked across a range of growth-oriented sectors during its SPAC-active years, including technology, healthcare, and financial services. Sign up at SpacDesk for full data on Cowen's SPAC underwriting history, deal timelines, and sector-level breakdowns.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| PANA Panacea Acquisition Corp. II | — | $150.0M | Lead | Closed | 2021-04-08 | Nuvation Bio Inc. |
| IPOA Social Capital Hedosophia Holdings Corp. | — | $690.0M | Co-Mgr | Closed | 2017-09-15 | Virgin Galactic Holdings, Inc |
| IACI Intrepid Acquisition Corp I | — | — | Lead | Withdrawn | — | — |
| GDEF Global Defense & National Security Systems, Inc. | — | $60.0M | Lead | Closed | — | STG GROUP INC |
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.