2018 SPAC IPOs
46 SPACs raised $4.0B in trust across 2018 IPOs.
The 2018 SPAC class logged 46 initial public offerings spanning sectors including technology, financial services, healthcare, and consumer goods. Of that cohort, 43 vehicles went on to announce or complete business combinations, representing one of the higher deal-conversion rates among pre-boom SPAC vintages. One blank-check company from the class was liquidated without completing a deal, and one remains in the search phase. The 2018 vintage is notable for its relative efficiency and preceded the sharp acceleration in blank-check issuance that would define the 2020 and 2021 markets. Sign up on SpacDesk for full data, deal histories, and analytics on the 2018 class and every SPAC vintage.
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| CCC Churchill Capital Corp | M. Klein and Company | $690.0M | Completed | 2018-09-10 | Enterprise Software | CLARIVATE PLC |
| FPAC Far Point Acquisition Corp | Third Point | $575.0M | Completed | 2018-06-13 | Fintech | GLOBAL BLUE GROUP HOLDING AG |
| UTZ Collier Creek Holdings | Collier Creek Partners LLC | $402.5M | Completed | 2018-10-05 | Consumer | UTZ BRANDS INC |
| OMAD One Madison Corp | One Madison Group LLC | $345.0M | Completed | 2018-01-19 | Consumer | Ranpak Corporation |
| Trinity Merger Corp. Trinity Merger Corp. | HN Investors LLC | $345.0M | Deregistered | 2018-05-15 | Real Estate | PBRELF I, LLC |
| PLATINUM EAGLE ACQUISITION CORP. PLATINUM EAGLE ACQUISITION CORP. | Platinum Eagle Acquisition LLC | $345.0M | Completed | 2018-01-16 | Media & Entertainment | Target Hospitality Corp |
| Terrapin 4 Acquisition Corp Terrapin 4 Acquisition Corp | Terrapin 4 Sponsor Partnership, LLC | $300.0M | Withdrawn | 2018-03-22 | Other / Diversified | — |
| CFFA CF Finance Acquisition Corp. | CF Finance Holdings LLC | $290.4M | Completed | 2018-12-13 | Financial Services | GCM GROSVENOR INC |
| NEBU Nebula Acquisition Corp | Nebula Holdings | $287.5M | Completed | 2018-01-10 | Technology | Open Lending, LLC |
| Graf Industrial Corp. Graf Industrial Corp. | Graf Acquisition LLC | $258.8M | Completed | 2018-10-16 | Industrial | Velodyne Lidar |
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| IGIC Tiberius Acquisition Corporation | Lagniappe Ventures LLC | $174.2M | Completed | 2018-03-16 | Financial Services | INTERNATIONAL GENERAL INSURANCE HOLDINGS LTD |
| RVPH Tenzing Acquisition Corp. | Maxim | $8.6M | Completed | 2018-08-22 | Other / Diversified | REVIVA PHARMACEUTICALS HOLDINGS, INC. |
| ARYA ARYA SCIENCES ACQUISITION CORP. | Perceptive Advisors | — | Completed | 2018-10-09 | — | IMMATICS NV |
| NFH New Frontier Corporation | New Frontier Public Holding Ltd | — | Completed | 2018-06-29 | Healthcare / Medtech | NEW FRONTIER HEALTH CORP |
| ADN AMCI Acquisition Corp | AMCI | — | Completed | 2018-11-16 | Industrial / Manufacturing | ADVENT TECHNOLOGIES HOLDINGS, INC. |
| PAE Gores Holdings III, Inc | Gores | — | Completed | 2018-09-07 | Other / Diversified | PAE INC |
| LTN Union Acquisition Corp. | Union Acquisition | — | Completed | 2018-02-28 | Other / Diversified | Bioceres Crop Solutions Corp |
| GDYN ChaSerg Technology Acquisition Corp | ChaSerg Technology Sponsor | — | Completed | 2018-10-05 | Enterprise Software | Grid Dynamics Holdings, Inc |
| HYMC Mudrick Capital Acquisition Corporation | Mudrick Capital | — | Completed | 2018-02-08 | Other / Diversified | HYCROFT MINING HOLDING CORP |
| AHCO DFB HEALTHCARE ACQUISITIONS CORP | Deerfield Management | — | Completed | 2018-02-15 | Healthcare / Medtech | ADAPTHEALTH CORP |
| TTCF Forum Merger II Corporation | Marshall Kiev, David Boris | — | Completed | 2018-08-03 | Other / Diversified | Tattooed Chef, Inc. |
| Twelve Seas Investment Company Twelve Seas Investment Company | Twelve Seas | — | Completed | 2018-06-20 | Other / Diversified | — |
| MTEC MTech Acquisition Corp | MTech | — | Completed | 2018-01-30 | Cannabis | MJ Freeway LLC |
| BFI Opes Acquisition Corp | Axis Capital Management | — | Completed | 2018-03-13 | Other / Diversified | BurgerFi International, Inc. |
| GSMG TKK Symphony Acquisition Corporation | TKK Symphony Sponsor | — | Completed | 2018-08-17 | Media & Entertainment | GLORY STAR NEW MEDIA GROUP HOLDINGS Ltd |
| TMCX Trinity Merger Corp | HN Investors | — | Completed | 2018-05-15 | — | BROADMARK REALTY CAPITAL INC |
| RPAY Thunder Bridge Acquisition, Ltd. | Thunder Bridge | — | Completed | 2018-06-20 | Technology | Repay Holdings Corp |
| Spartan Energy Acquisition Corp. Spartan Energy Acquisition Corp. | Apollo | — | Completed | 2018-08-13 | Energy | Fisker Inc |
| HCCH HL Acquisitions Corp. | Metropolitan Capital Advisors | — | Completed | 2018-06-28 | Energy / Oil & Gas | FUSION FUEL GREEN PLC |
| ALAC Alberton Acquisition Corporation | Hong Ye Hong Kong Shareholding | — | Deregistered | 2018-10-24 | Other / Diversified | — |
| ATCX Boxwood Merger Corp. | Boxwood Sponsor LLC | — | Completed | 2018-11-16 | Industrial / Manufacturing | ATLAS TECHNICAL CONSULTANTS, INC. |
| DMS Leo Holdings Corp. | Lion Capital | — | Completed | 2018-02-14 | Media & Entertainment | DIGITAL MEDIA SOLUTIONS INC |
| TOTA Tottenham Acquisition I Limited | Norwich Investment Limited | — | Completed | 2018-08-02 | Other / Diversified | Clene Nanomedicine, Inc. |
| SAMA Schultze Special Purpose Acquisition Corp. | Schultze Special Purpose Acquisition Sponsor, LLC | — | Completed | 2018-12-12 | Other / Diversified | Clever Leaves International Inc |
| LSEA LF Capital Acquisition Corp. | Level Field Capital | — | Completed | 2018-06-20 | Technology | Landsea Homes Corp |
| GTEC Greenland Acquisition Corporation | Greenland Asset Management Corporation | — | Completed | 2018-07-26 | Technology | Greenland Technologies Holding Corp. |
| FTAC Fintech Acquisition Corp. III | FinTech Investor Holdings | — | Completed | 2018-11-19 | Financial Services | GTCR Ultra-Holdings II, LLC |
| EdtechX Holdings Acquisition Corp. EdtechX Holdings Acquisition Corp. | IBIS Capital Sponsor LLC | — | Completed | 2018-10-05 | Other / Diversified | Meten International Education Group |
| NEXT Allegro Merger Corp. | Eric S. Rosenfeld | — | Deal Announced | 2018-07-03 | Other / Diversified | SeeQC, Inc |
| LOAC Longevity Acquisition Corp | Whale Management Corporation | — | Completed | 2018-08-29 | Other / Diversified | 4D Pharma PLC |
| DDMX DD3 Acquisition Corp., S.A. de C.V. | DD3 Mex Acquisition Corp | — | Completed | 2018-10-12 | Other / Diversified | Betterware de México, S.A. de C.V |
| NKLA VectoIQ Acquisition Corp | VectoIQ | — | Completed | 2018-05-17 | Industrial | Nikola Corp |
| PHGE Chardan Healthcare Acquisition Corp | Mountain Wood, LLC | — | Completed | 2018-12-14 | Healthcare | BiomX Inc. |
| PACQ Pure Acquisition Corp. | HighPeak Pure Acquisition, LLC | — | Completed | 2018-04-16 | Energy / Oil & Gas | HIGHPEAK ENERGY INC |
| BMTX Megalith Financial Acquisition Corp. | MFA Investor Holdings LLC, Chardan Capital Markets, LLC | — | Completed | 2018-08-24 | Financial Services | BM Technologies, Inc. |
| HOFV Gordon Pointe Acquisition Corp | Gordon Pointe Management, LLC | — | Completed | 2018-01-26 | Media & Entertainment | Hall of Fame Resort & Entertainment Co |
Data sourced from SEC EDGAR filings. Trust size reflects declared trust at IPO. “Searching” includes SPACs in extension and in vote.