EF Hutton, division of Benchmark Investments, LLC
9 SPAC IPOs underwritten · 9 as left lead · 2 active
EF Hutton, a division of Benchmark Investments, LLC, emerged as one of the more prolific mid-market SPAC underwriters following its entry into the blank-check space in 2021. The firm served as left-lead bookrunner on all nine of its SPAC IPOs, with aggregate trust proceeds falling in the $500 million to $1 billion range across the full book. EF Hutton's mandates have spanned technology, healthcare, and consumer-facing sectors, consistent with the broader mid-cap SPAC market it targets. As of the current period, two of its vehicles remain active and searching for acquisition targets, while none of the nine IPOs have yet culminated in a completed business combination. Investors and analysts tracking the firm's pipeline can access full deal-level data, filing history, and sponsor profiles on SpacDesk — sign up at spacdesk.com for complete coverage.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| AITR AI Transportation Acquisition Corp | — | $60.6M | Lead | Deregistered | 2023-11-09 | American Metals LLC |
| FTII Future Tech II Acquisition Corp. | — | $117.3M | Lead | Deal Announced | 2022-02-17 | Longevity Biomedical, Inc. |
| EVGR Evergreen Corp | — | $101.5M | Lead | Deregistered | 2022-02-10 | — |
| VIEDA Aetherium Acquisition Corp | Aetherium Capital Holdings | $112.3M | Lead | Deal Announced | 2022-01-03 | Capital A International |
| CNGL Canna-Global Acquisition Corp | — | $226.3M | Lead | Deregistered | 2021-11-30 | — |
| AEIB AEI CapForce II Investment Corp | — | $101.0M | Lead | Withdrawn | — | — |
| UNSD UNSDG Acquisition Corp. | UNSDG Acquisition LLC | $100.0M | Lead | Withdrawn | — | — |
| Heroic Empire Acquisition Ltd Heroic Empire Acquisition Ltd | Luminous Success LLC | $75.0M | Lead | Withdrawn | — | — |
| AMGS Prospect Energy Holdings Corp. | Meijin Energy Holdings | $300.0M | Lead | Withdrawn | — | — |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.