Underwriter
Benjamin
Active in SPAC underwriting from May 17, 2024 to Dec 4, 2024.
Mandates
2
0 bookrun
Deal volume
$115.0M
gross proceeds, full credit
Disclosed allocation
$3.0M
units × $10 unit price
Live vehicles
2
searching or announced
Completion rate
—
0 closed vs 0 liquidated
Mandates
Every SPAC IPO this house was named on, newest first, with the role the cover page credited and the units the underwriting agreement assigned.
| SPAC | Role | Status | IPO | Deal size | Allocation | |
|---|---|---|---|---|---|---|
| Tavia Acquisition Corp.TAVI | Underwriter | Announced | Dec 4, 2024 | $115.0M | $450.0K | |
| RF Acquisition Corp IIRFAI | Underwriter | Announced | May 17, 2024 | — | $2.5M |
Analyst questions
Benjamin and SPACs, answered
The questions a desk actually asks about a bank's blank-check franchise, answered from Benjamin's own mandates rather than from generic explainer copy.
Which SPACs has Benjamin underwritten?
Benjamin appears on the underwriting syndicate of 2 special purpose acquisition company IPOs in our index, including Tavia Acquisition Corp. (TAVI) and RF Acquisition Corp II (RFAI). The full list, with the role credited on each cover page, is in the mandates table on this page.
How many SPAC IPOs has Benjamin book-run?
We have not indexed a book-running credit for Benjamin; every mandate on record is a co-manager or syndicate position. Bookrunner status is read from the prospectus cover, so a blank can also mean the cover did not separate the roles.
How much SPAC capital has Benjamin underwritten?
$115.0M of gross proceeds across every offering Benjamin was named on. That is the conventional league-table measure, which credits the full deal to each syndicate member. The narrower figure is its own allocation: $3.0M, being the units the underwriting agreements assigned to Benjamin specifically, priced at the $10 standard SPAC unit.
What is the largest SPAC IPO Benjamin has worked on?
Tavia Acquisition Corp. (TAVI), which raised $115.0M in Dec 2024. Benjamin was credited as a syndicate member on that offering.
Which Benjamin SPACs completed a business combination?
None of the SPACs Benjamin underwrote has yet reported a completed business combination in the filings we index. 2 remain live and 0 returned their trust.
Which Benjamin SPACs are still looking for a target?
2 vehicles Benjamin took public are still live, either searching or working towards an announced combination: Tavia Acquisition Corp. (TAVI) and RF Acquisition Corp II (RFAI). Their combination deadlines are on each profile.
What is Benjamin's SPAC completion rate?
None of Benjamin's SPAC mandates has resolved yet, so a completion rate would be meaningless. It is left blank rather than shown as zero.
Which Benjamin SPAC performed best after its merger?
We hold a current quote for none of Benjamin's closed deals, so no comparison is possible here. Post-merger price history is not part of our dataset, and we would rather say so than imply a ranking the data does not support. What this page does show is the outcome of every vehicle and the trust economics disclosed at the time.
Which sponsors does Benjamin work with most?
Alfa (1 deal) and Tavia Sponsor Pte (1 deal). Sponsor franchises are resolved from the sponsor entity named in each prospectus, so repeat issuers group together even though every vehicle is a separate legal entity.
Which banks does Benjamin share SPAC syndicates with?
Most often EarlyBirdCapital (2) and Revere Securities (1). Syndicate composition is read from the prospectus cover and the underwriting section, so these are co-appearances on the same offering, not a commercial relationship we have any other visibility into.
When did Benjamin start underwriting SPACs, and is it still active?
Its first SPAC IPO in our index priced May 17, 2024 and the most recent Dec 4, 2024. 2 of its vehicles are still live, so the franchise is active.
What size of SPAC does Benjamin typically underwrite?
The average offering it has been named on raised $115.0M, against a range from $115.0M to $115.0M. Deal size is a reasonable proxy for where a house sits in the market: the bulge bracket concentrates on larger trusts, the SPAC specialists on smaller ones.
Which sectors do Benjamin's SPACs target?
Generalist (1), Technology (1) and Healthcare (1). Mandates are read from charter language in the prospectus and are often deliberately broad. Many SPACs reserve the right to pursue any industry, in which case no sector is tagged at all.
Where do Benjamin's SPACs list?
Nasdaq (2). Listing venue is taken from the exchange record on the registrant's SEC profile.
How many of Benjamin's SPACs liquidated?
None in our index. Either its vehicles closed a deal or they are still inside their combination window.
Where does this Benjamin data come from?
Every figure is read from filings the registrants made with the SEC. Syndicate membership and role come from the prospectus cover and the underwriting section of each IPO prospectus (Form 424B4); outcomes come from the filing record: a current report announcing completion, or a delisting notice ending a liquidation. Nothing here is sourced from press coverage or from Benjamin itself.
Compiled by the SPACListing research desk
Last reconciled Aug 20, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally IPO prospectuses (Form 424B4), current reports (Form 8-K), delisting notices (Form 25-NSE). Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
Read the full methodology · What is in the dataset · Report a correction
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