Imperial Capital

Imperial Capital appears on the underwriting syndicate of 2 special purpose acquisition company IPOs in our index, including Hawks Acquisition Corp and Oyster Enterprises 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 Imperial Capital; 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.

$461.4M of gross proceeds across every offering Imperial Capital 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: $180.0M, being the units the underwriting agreements assigned to Imperial Capital specifically, priced at the $10 standard SPAC unit.

Oyster Enterprises Acquisition Corp., which raised $231.4M in Jan 2021. Imperial Capital was credited as a syndicate member on that offering.

None of the SPACs Imperial Capital underwrote has yet reported a completed business combination in the filings we index. 0 remain live and 2 returned their trust.

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

0%. Of the 2 vehicles Imperial Capital underwrote that have already resolved, 0 closed a business combination and 2 liquidated. The market-wide figure is 13.2%, so Imperial Capital sits below 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 Imperial Capital'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.

Hawks (1 deal) and Oyster Enterprises (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), Mizuho (1) and BTIG (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 Jan 21, 2021 and the most recent Oct 12, 2021. It has no live vehicles at present.

The average offering it has been named on raised $230.7M, against a range from $230.0M to $231.4M. 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.

Generalist (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.

2. A liquidation means the vehicle reached its combination deadline without closing a deal and returned the trust to public shareholders. That is the mechanism working as designed, not a default. Holders who did not redeem got their pro-rata share of the trust back.

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 Imperial Capital itself.