ThinkEquity

ThinkEquity appears on the underwriting syndicate of 7 special purpose acquisition company IPOs in our index, including FG Imperii Acquisition Corp. (FGII), Origin Investment Corp I (ORIQ), BOXABL Inc. (BXBL) and iCoreConnect Inc.. The full list, with the role credited on each cover page, is in the mandates table on this page.

ThinkEquity was credited as a book-running manager on 1 of its 7 SPAC mandates, 14% of them. The remainder are co-manager or syndicate positions, where the economics and the sponsor relationship sit elsewhere.

$597M of gross proceeds across every offering ThinkEquity 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: $580M, being the units the underwriting agreements assigned to ThinkEquity specifically, priced at the $10 standard SPAC unit.

FG Imperii Acquisition Corp. (FGII), which raised $226M in Jan 2026. ThinkEquity was credited as a syndicate member on that offering.

5 of the SPACs ThinkEquity underwrote closed a combination: BOXABL Inc., iCoreConnect Inc., TG Venture Acquisition Corp., Hagerty, Inc. and ALLIANCE ENTERTAINMENT HOLDING CORP. Closing means the vehicle filed a current report reporting completion of the acquisition. That is an outcome, not a return.

2 vehicles ThinkEquity took public are still live, either searching or working towards an announced combination: FG Imperii Acquisition Corp. (FGII) and Origin Investment Corp I (ORIQ). Their combination deadlines are on each profile.

100%. Of the 5 vehicles ThinkEquity underwrote that have already resolved, 5 closed a business combination and 0 liquidated. The market-wide figure is 59.5%, so ThinkEquity 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.

Measured against the $10.00 the units were sold at, the only baseline every SPAC shares, the strongest of ThinkEquity's closed deals currently is Hagerty, Inc. (HGTY) at $15 a share, ahead of ALLIANCE ENTERTAINMENT HOLDING CORP and BOXABL Inc.. Treat that as a snapshot, not a return: it ignores dividends, splits, warrant exercise and anything that happened in between, because historical price series are not part of our data. For a proper total-return comparison use your market-data provider with the post-merger tickers.

FG Merger Investors (2 deals), Adara (1 deal), Aldel Investors (1 deal), FG Imperii Investors (1 deal) and Origin Equity (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 R. F. Lafferty & (2), Ingalls & Snyder (2), Bancroft Capital (2), EarlyBirdCapital (1) and ViewTrade (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 9, 2021 and the most recent Jan 20, 2026. 2 of its vehicles are still live, so the franchise is active.

2021, with 3 mandates worth $138M of gross proceeds. The chart on this page shows the full year-by-year run, which for most houses traces the 2020-21 boom and the retreat that followed.

The average offering it has been named on raised $85.3M, against a range from $5.6M to $226M. 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.

Financial Services (3), Generalist (2), Technology (1), Aerospace & Defense (1) and Consumer (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.

Nasdaq (4) and NYSE (1). Listing venue is taken from the exchange record on the registrant's SEC profile.

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 ThinkEquity itself.