News, analysis and commentary on the SPAC market

Chicago, IL
Joined May 2020
Podcast 🔊 | Ramey Layne recently joined @SPACalpha to discuss the recent #SEC #SPAC proposals. In this #podcast, you’ll hear an overview of what the proposals actually are and why they are happening with a timeline of possible events. Listen 🎧 here: ow.ly/QKrM50JiKPa
SPAC Research retweeted
We put together a study to demonstrate how de-SPACs in each of the past few years have performed, as measured from their own original offering price compared to traditional IPOs. Our findings indicate that many SPAC investors have fared better than IPO investors in recent years.
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SPAC Research retweeted
Recently chatted with @SPACalpha we cover a bunch of topics. Tune in👇👇
Full interview: youtu.be/B6ScJtQCC1U Clip- @hkuppy discussing US demographic changes and how that's impacting real estate @SPACresearch #realestate
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As deal announcements have continued to slow in February, #PIPE #financing has dried up almost entirely. Full newsletter: spacresearch.com/newsletter If you aren't a current SPAC Research subscriber, you can sign up for a 7-day free trial for access.
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Out of the nearly 600 pre-deal #SPACs, only 10 are trading at a premium to cash in trust.
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One year ago, SPACs traded at a 26% premium to NAV on average, with 100% of SPACs trading at a premium to NAV and deeply negative yields Now they trade at a -1.3% discount to NAV with 98% at a discount to NAV. SPAC yields are 3.1%, the highest on record
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SPAC Research retweeted
spacresearch.com/warrant-ind… The @SPACresearch Warrant Index captures the total market cap of all public #SPAC #warrants without an announced transaction to the initial trust account values for those SPACs. Current: 1.75% Peak: ~12% (Feb ’21) @ChrisDeMuthJr @hkuppy @LizAnnSonders
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SPAC Research retweeted
Last month, CompoSecure's CEO Jon Wilk sat down with @SPACAlpha to talk about the latest in card manufacturing, cryptocurrency and what's next for CompoSecure. bit.ly/3J6LuBn #CompoSecure #media #metalcards #crypto #morethanacard
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2/2 Link to newsletter: spacresearch.com/newsletter
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Median yield on common equity remains in positive territory as unannounced #transactions tend to trade below trust. Read more in this week's free newsletter: spacresearch.com/newsletter #SPAC
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SPAC Research retweeted
Jan 10th Weekly Monitor #SPAC #pipeline See the complete report for free: spacalpha.com/reports
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SPAC Research retweeted
Replying to @GoldmanSachs
@GoldmanSachs leads deal volume for the second straight year with 52 #deSPACs in 2021, representing an enterprise value of $174bn. Full newsletter: spacresearch.com/newsletter #SPAC @jpmorgan @UBS @DeutscheBank
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SPAC Research retweeted
As part of this week's newsletter we looked at #issuer and #underwriter #counsel by deal count. You can see the full legal league table of deals by year, sector, and geography here: spacresearch.com/newsletter #SPACs #deals @Kirkland_Ellis @lathamwatkins
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SPAC Research retweeted
Benjamin Kwasnick and @spac_insider CEO Kristi Marvin on CNBC discussing #SPAC market outlook for 2022 Watch the full interview: youtube.com/watch?app=deskto…
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Our own Ben Kwasnick being #interviewed on @FoxBusiness discussing 2021 #SPAC activity, #redemptions, SPAC process, and what to look out for in 2022 video.foxbusiness.com/v/6288…
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SPAC Research retweeted
Podcast #86 is up! @hkuppy discusses his recent activism at $LEE yetanothervaluepodcast.subst…
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From this week's newsletter: a look at the trend of declining cash consideration in SPAC deals to sellers, as well as performance by cohort and the connection with late-stage/PE-owned assets. spacresearch.com/newsletter?… #spac #ipo @cantorfitzgerld @GoldmanSachs @Citi @CreditSuisse
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SPAC Research retweeted
Thank you @SPACresearch for the terrific interview with @HotelPlannerCEO and our SPAC Chairman Mohsen Moazami. #SPACs #IPO #CEO #thoughtleadership #goingpublic youtube.com/watch?v=aof84zvr…
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We have seen a lot of new companies take the alternative route to go public. It's time you get to know the top performers of the year. 🚀Here are the Top 5 Closed SPAC Mergers of 2021! Data retrieved from SPAC Alpha. #SPACs #MaquiaCapitalSPAC #lPO #NasdaqListed
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SPAC Research retweeted
Pre-deal $SPAC median yield. We can see the common is holding steady below trust.
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