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How many SPACs are listed in Europe?

How many SPACs are listed in Europe?

26 SPACs
Overall, 26 SPACs have listed in Europe this year, raising $6.6 billion.

How many SPACs were there in 2019?

59
SPAC and US IPO Activity

Year SPAC IPOs US IPO Proceeds $M
2021 568 314,417
2020 248 179,389
2019 59 72,200
2018 46 63,890

How many SPACs currently exist?

In 2020, that number rose to 248. Already this year, there have been 428 SPACs that have hit the market. Also known as “blank-check companies,” SPACs traditionally have only a few years to acquire a private company before they have to refund money to investors.

How many SPACs is 2021 so far?

So far in 2021, SPACs have accounted for 418 of the 452 IPOs in the Finance sector. The Finance sector led all sectors in terms of total money raised in the third quarter ($14.9 billion), but it was closely followed by Technology Services with $12.9 billion.

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Is Nikola a SPAC?

Nikola, which holds itself out as an innovative developer of alternative fuel trucks with zero emissions, went public by merging with a SPAC in June 2020.

How many SPACs went public in 2020?

250 SPACs
Just shy of 250 SPACs went public in 2020. A SPAC is an entity that exists solely to list on the stock exchange to raise money, in the hope of finding and merging with a target company to take it public.

What is the biggest SPAC?

Ackman’s project, known as Pershing Square Tontine Holdings (and often referred to by its stock-ticker symbol, PSTH), is the largest SPAC ever created, even amid the mania for SPACs playing out on Wall Street and in Silicon Valley over the past couple of years.

Can you buy SPAC stock?

If you’re interested in adding SPACs to your portfolio, it’s possible to buy them through an online brokerage account. Fidelity and Robinhood are two examples of online platforms that offer SPACs to investors. You can also look to an online brokerage account for SPAC ETFs as well.

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How many SPACs have closed?

The report goes on to mention that even with 766 SPAC IPOs since the third quarter of 2020, “only 210 de-SPAC events have closed,” and, “[we’ve] still not seen a single quarter with more than 100 closed business combinations, even though SPAC IPOs have hit that mark each of the last four quarters.” Analysts find this …

Where are European SPACs incorporating?

One-third of European SPACs have been incorporated in the Netherlands, while another third have chosen Luxembourg as their nationality of incorporation. SPACs have refrained from listing in London as its system is more restrictive and does not allow investors to sell their participation in a SPAC if they do not like the proposed deal.

Are there any SPAC IPOs in Europe in 2021?

In 2021, there have been very sizeable SPAC IPOs in Europe. The largest to date has been the Tikehau Capital-backed Pegasus Europe SPAC, which raised $606 million in April in a Euronext Amsterdam IPO. This transaction was followed by Hedosophia European Growth, which raised $483 million with its SPAC, also listed in the Netherlands. 4

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How many SPACs were listed in 2017?

In the US there were 34 SPACs listed in 2017 (the highest number since 2007). They raised $9.9 billion. In the UK, there were 15 SPACs listed on the London Stock Exchange in 2017. None were listed in 2016 and only one was listed in 2015. The UK SPACs raised a total of $2.15 billion during that time.

Will Europe follow the US’s SPAC boom?

There has been a boom in special purpose acquisition companies (SPACs) in US markets in recent years, with issuance of more than $80 billion in 2020. Europe is well behind, but showing signs of following the US path.