CIM

CIM appears on the underwriting syndicate of 1 special purpose acquisition company IPO in our index, including Union Acquisition Corp.. The full list, with the role credited on each cover page, is in the mandates table on this page.

We have not indexed a book-running credit for CIM; 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.

— of gross proceeds across every offering CIM 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: $500.0K, being the units the underwriting agreements assigned to CIM specifically, priced at the $10 standard SPAC unit.

1 of the SPACs CIM underwrote closed a combination: Union Acquisition Corp.. Closing means the vehicle filed a current report reporting completion of the acquisition. That is an outcome, not a return.

CIM has no live SPAC mandates in our index; every vehicle it underwrote has either closed a deal or wound up.

100%. Of the 1 vehicles CIM underwrote that have already resolved, 1 closed a business combination and 0 liquidated. The market-wide figure is 13.2%, so CIM sits above it. SPACs still searching are excluded, because an unfinished clock is not a result. The rate measures the vehicles, not the bank: a syndicate has no control over whether a sponsor finds a target.

We hold a current quote for none of CIM'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.

Union (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.

Most often I-Bankers Securities (1) and Ladenburg Thalmann (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.

Its first SPAC IPO in our index priced Feb 28, 2018 and the most recent Feb 28, 2018. It has no live vehicles at present.

None in our index. Either its vehicles closed a deal or they are still inside their combination window.

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 CIM itself.