The popularity of special purpose acquisition companies (SPACs), which are also known as blank check vehicles, exploded in 2020 and some SPACs gained hugely in value after the announcement of their deals. In 2021, this trend followed, with SPACs gaining more traction. The best performing SPAC IPO of 2021 in the United States involved Digital World Acquisition Corp., which recorded a return of 371 percent as of December 2021. SPACs raised capital in a total of 613 IPOs throughout 2021.
Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021
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Investopedia. (December 15, 2021). Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021 [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/914654/spac-highest-return-after-deal-usa/
Investopedia. "Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021." Chart. December 15, 2021. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/914654/spac-highest-return-after-deal-usa/
Investopedia. (2021). Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021. Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/914654/spac-highest-return-after-deal-usa/
Investopedia. "Special Purpose Acquisition Companies (Spacs) with Highest Return after Deal Announcement in The United States in 2021." Statista, Statista Inc., 15 Dec 2021, https://www.statista.com/statistics/914654/spac-highest-return-after-deal-usa/
Investopedia, Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021 Statista, https://www.statista.com/statistics/914654/spac-highest-return-after-deal-usa/ (last visited November 20, 2024)
Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021 [Graph], Investopedia, December 15, 2021. [Online]. Available: https://www.statista.com/statistics/914654/spac-highest-return-after-deal-usa/