2018 SPAC IPOs
44 SPACs raised $3.2B in trust across 2018 IPOs.
The 2018 SPAC IPO vintage produced 44 blank-check vehicles at a time when the asset class operated well below the scale it would reach during the 2020–2021 boom. The cohort has fully resolved: none of the 44 SPACs remains in active search for an acquisition target. Thirty-nine of the class announced or completed business combinations, while five vehicles were liquidated after failing to identify suitable merger targets. The closed-cycle nature of the 2018 cohort makes it a useful benchmark for analyzing pre-boom SPAC deal conversion and liquidation rates across sectors. Sign up on SpacDesk for full historical data, deal tracking, and analytics on this and every other SPAC vintage.
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| CCC Churchill Capital Corp | M. Klein and Company | $690.0M | Closed | 2018-09-10 | Enterprise Software | CLARIVATE PLC |
| CIK0001735858 Far Point Acquisition Corp | Third Point | $575.0M | Closed | 2018-06-13 | Fintech | GLOBAL BLUE GROUP HOLDING AG |
| CIK0001731536 Trinity Merger Corp. | HN Investors LLC | $345.0M | Liquidated | 2018-05-15 | Real Estate | PBRELF I, LLC |
| CIK0001712189 PLATINUM EAGLE ACQUISITION CORP. | Platinum Eagle Acquisition LLC | $345.0M | Closed | 2018-01-16 | Media & Entertainment | Target Hospitality Corp |
| OMAD One Madison Corp | One Madison Group LLC | $345.0M | Closed | 2018-01-19 | Consumer | Ranpak Corporation |
| CIK0001725268 Terrapin 4 Acquisition Corp | Terrapin 4 Sponsor Partnership, LLC | $300.0M | Withdrawn | 2018-03-22 | Other / Diversified | — |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 | Closed | 2018-12-13 | Financial Services | GCM GROSVENOR INC |
| NEBU Nebula Acquisition Corp | Nebula Holdings | $287.5M | Closed | 2018-01-10 | Technology | Open Lending, LLC |
| TZAC Tenzing Acquisition Corp. | Maxim | $8.6M | Closed | 2018-08-22 | Other / Diversified | REVIVA PHARMACEUTICALS HOLDINGS, INC. |
| ALAC Alberton Acquisition Corporation | Hong Ye Hong Kong Shareholding | — | Liquidated | 2018-10-24 | Other / Diversified | — |
| SPAC | Sponsor | Trust | Status | IPO Date | Sector | Target |
|---|---|---|---|---|---|---|
| CIK0001744494 AMCI Acquisition Corp | AMCI | — | Closed | 2018-11-16 | Industrial / Manufacturing | ADVENT TECHNOLOGIES HOLDINGS, INC. |
| CIK0001743725 ChaSerg Technology Acquisition Corp | ChaSerg Technology Sponsor | — | Closed | 2018-10-05 | Enterprise Software | Grid Dynamics Holdings, Inc |
| CIK0001741231 Forum Merger II Corporation | Marshall Kiev, David Boris | — | Closed | 2018-08-03 | Other / Diversified | Tattooed Chef, Inc. |
| CIK0001739174 Chardan Healthcare Acquisition Corp | Mountain Wood, LLC | — | Closed | 2018-12-14 | Other / Diversified | BiomX Inc. |
| TKKS TKK Symphony Acquisition Corporation | TKK Symphony Sponsor | — | Closed | 2018-08-17 | Media & Entertainment | GLORY STAR NEW MEDIA GROUP HOLDINGS Ltd |
| MFAC Megalith Financial Acquisition Corp. | MFA Investor Holdings LLC, Chardan Capital Markets, LLC | — | Closed | 2018-08-24 | Financial Services | BM Technologies, Inc. |
| MTEC MTech Acquisition Corp | MTech | — | Closed | 2018-01-30 | Cannabis | MJ Freeway LLC |
| CIK0001726146 Twelve Seas Investment Company | Twelve Seas | — | Closed | 2018-06-20 | Other / Diversified | — |
| LTN Union Acquisition Corp. | Union Acquisition | — | Closed | 2018-02-28 | Other / Diversified | Bioceres Crop Solutions Corp |
| FTAC Fintech Acquisition Corp. III | FinTech Investor Holdings | — | Closed | 2018-11-19 | Financial Services | GTCR Ultra-Holdings II, LLC |
| TOTA Tottenham Acquisition I Limited | Norwich Investment Limited | — | Closed | 2018-08-02 | Other / Diversified | Clene Nanomedicine, Inc. |
| ARYA ARYA SCIENCES ACQUISITION CORP. | Perceptive Advisors | — | Closed | 2018-10-09 | — | IMMATICS NV |
| CCH Collier Creek Holdings | Collier Creek Partners LLC | — | Closed | 2018-10-05 | Consumer | UTZ BRANDS INC |
| GLAC Greenland Acquisition Corporation | Greenland Asset Management Corporation | — | Closed | 2018-07-26 | Technology | Greenland Technologies Holding Corp. |
| CIK0001754824 Schultze Special Purpose Acquisition Corp. | Schultze Special Purpose Acquisition Sponsor, LLC | — | Closed | 2018-12-12 | Other / Diversified | Clever Leaves International Inc |
| HCCH HL Acquisitions Corp. | Metropolitan Capital Advisors | — | Closed | 2018-06-28 | Energy / Oil & Gas | FUSION FUEL GREEN PLC |
| DFBH DFB HEALTHCARE ACQUISITIONS CORP | Deerfield Management | — | Closed | 2018-02-15 | Healthcare / Medtech | ADAPTHEALTH CORP |
| CIK0001731289 VectoIQ Acquisition Corp | VectoIQ | — | Closed | 2018-05-17 | Industrial | Nikola Corp |
| CIK0001720821 Gores Holdings III, Inc | Gores | — | Closed | 2018-09-07 | Other / Diversified | PAE INC |
| CIK0001721386 LF Capital Acquisition Corp. | Level Field Capital | — | Closed | 2018-06-20 | Technology | Landsea Homes Corp |
| CIK0001725134 Leo Holdings Corp. | Lion Capital | — | Closed | 2018-02-14 | Media & Entertainment | DIGITAL MEDIA SOLUTIONS INC |
| ALGR Allegro Merger Corp. | Eric S. Rosenfeld | — | Liquidated | 2018-07-03 | Other / Diversified | SeeQC, Inc |
| CIK0001746468 EdtechX Holdings Acquisition Corp. | IBIS Capital Sponsor LLC | — | Liquidated | 2018-10-05 | Other / Diversified | Meten International Education Group |
| LOAC Longevity Acquisition Corp | Whale Management Corporation | — | Closed | 2018-08-29 | Other / Diversified | 4D Pharma PLC |
| CIK0001720990 Spartan Energy Acquisition Corp. | Apollo | — | Closed | 2018-08-13 | Energy | Fisker Inc |
| DDMX DD3 Acquisition Corp., S.A. de C.V. | DD3 Mex Acquisition Corp | — | Closed | 2018-10-12 | Other / Diversified | Betterware de México, S.A. de C.V |
| OPES Opes Acquisition Corp | Axis Capital Management | — | Closed | 2018-03-13 | Other / Diversified | BurgerFi International, Inc. |
| GPAQ Gordon Pointe Acquisition Corp | Gordon Pointe Management, LLC | — | Closed | 2018-01-26 | Media & Entertainment | Hall of Fame Resort & Entertainment Co |
| BWMC Boxwood Merger Corp. | Boxwood Sponsor LLC | — | Closed | 2018-11-16 | Industrial / Manufacturing | ATLAS TECHNICAL CONSULTANTS, INC. |
| NFC New Frontier Corporation | New Frontier Public Holding Ltd | — | Closed | 2018-06-29 | Healthcare / Medtech | NEW FRONTIER HEALTH CORP |
| CIK0001718405 Mudrick Capital Acquisition Corporation | Mudrick Capital | — | Closed | 2018-02-08 | Other / Diversified | HYCROFT MINING HOLDING CORP |
| CIK0001745317 Graf Industrial Corp. | — | — | Closed | 2018-10-16 | Industrial | Velodyne Lidar |
| PACQ Pure Acquisition Corp. | HighPeak Pure Acquisition, LLC | — | Closed | 2018-04-16 | Energy / Oil & Gas | HIGHPEAK ENERGY INC |
| TBRG Thunder Bridge Acquisition, Ltd. | Thunder Bridge | — | Closed | 2018-06-20 | Technology | Repay Holdings Corp |
Data sourced from SEC EDGAR filings. Trust size reflects declared trust at IPO. “Searching” includes SPACs in extension and in vote.