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Santander US Capital Markets LLC

7 SPAC IPOs underwritten · 7 as left lead · 6 active

IPOs Underwritten
7
Total trust raised
$1.7B
Left-lead
7
100% of mandates
Active mandates
6
1 closed · 0 liquidated

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.

SPACSponsorIPO SizeRoleStatusIPO DateTarget
MTNE
CH4 Natural Solutions Acquisition Corp
$220.0MLeadSearching2026-05-04
KRAQ
KRAKacquisition Corp
NCTK Sponsor LLC$342.4MLeadSearching2026-01-29
SBXE
SilverBox Corp V
$240.0MLeadSearching2025-12-03
ALUB
Alussa Energy Acquisition Corp. II
Alussa Energy Sponsor II LLC$287.5MLeadSearching2025-11-13
SDHI
Siddhi Acquisition Corp (Cayman Islands)
Siddhi Sponsor LLC$276.0MLeadDeal Announced2025-04-01
BACQ
Inflection Point Acquisition Corp. IV
$250.0MLeadCompleted2024-11-01Merlin, Inc.
SBXD
SilverBox Corp IV
$200.0MLeadDeal Announced2024-08-16Parataxis 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.