Santander US Capital Markets LLC
7 SPAC IPOs underwritten · 7 as left lead · 6 active
Santander US Capital Markets LLC, the US investment banking arm of global financial-services group Banco Santander, entered the SPAC underwriting market in 2024 and has since served as left-lead bookrunner on all seven of its transactions. The firm currently carries six active mandates alongside one closed deal, reflecting a concentrated push into blank-check capital markets. Operating across the financial-services sector, Santander US Capital Markets has taken a full left-lead approach on every engagement rather than joining as a co-manager, a posture that distinguishes it from many newer entrants to the SPAC underwriting space. Sign up at SpacDesk for complete pipeline data and deal history on Santander US Capital Markets LLC.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| MTNE CH4 Natural Solutions Acquisition Corp | — | $220.0M | Lead | Searching | 2026-05-04 | — |
| KRAQ KRAKacquisition Corp | NCTK Sponsor LLC | $342.4M | Lead | Searching | 2026-01-29 | — |
| SBXE SilverBox Corp V | — | $240.0M | Lead | Searching | 2025-12-03 | — |
| ALUB Alussa Energy Acquisition Corp. II | Alussa Energy Sponsor II LLC | $287.5M | Lead | Searching | 2025-11-13 | — |
| SDHI Siddhi Acquisition Corp (Cayman Islands) | Siddhi Sponsor LLC | $276.0M | Lead | Deal Announced | 2025-04-01 | — |
| BACQ Inflection Point Acquisition Corp. IV | — | $250.0M | Lead | Completed | 2024-11-01 | Merlin, Inc. |
| SBXD SilverBox Corp IV | — | $200.0M | Lead | Deal Announced | 2024-08-16 | Parataxis Holdings |
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.