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SPACListing

Edge tracker

Who is actually behind these vehicles

Sponsors are ranked by the record they built, not by the size of their last raise. Completion rate is closed deals as a share of vehicles that have already resolved one way or the other. SPACs still searching are excluded, because an unfinished clock is not a result.

Sponsor franchises

1,282

299 have launched more than one

Vehicles attributed

809

across the full universe

Capital raised

$220B

aggregate IPO proceeds

Market completion rate

68.3%

390 closed vs 181 liquidated

Ranked by vehicles launched240 of the top 300 have at least one resolved vehicle. The tick marks the 68.3% market average.

How a franchise is identified

Sponsor vehicles are incorporated per deal, with names like Gores Guggenheim Sponsor LLC or Churchill Sponsor XII LLC, so the entity named in a prospectus tells you about one SPAC, not about the house behind it. We read the sponsor entity from the prospectus, strip the legal wrapper and the sequence number, and pin the well-known franchises by name, because their vehicles abbreviate beyond recognition: Social Capital signs as “SCH Sponsor VI LLC”.

Where a prospectus never named a vehicle, the issuer name still groups a serial issuer correctly. Each sponsor page states which of the two established the grouping, so you can weigh it yourself.

Principals are officers named in the prospectus. Coverage is partial, because the prospectus states them in prose rather than in tagged data, and a blank means we have not read one, not that the seat is empty.