Blog — 3 Feb, 2022
SPAC and Equity Issuance Finish 2021 with Strong Momentum
SPAC IPO and Equity Capital Markets activity continued to grow in Q4, capping off a busy 2021. Issuance in both pockets of the market increased year over year, setting high water marks for 2022.
In Q4, SPACs raised a total of $31 billion in capital from IPOs across 210 transactions. The volume of proceeds raised from SPACS in 2021 increased 99% from 2020, and total transactions jumped 69% year over year.
The global equity capital markets continued to grow for the second consecutive year, with the $1.05 trillion in 2021 issuance representing a 17% year-over-year increase. Equity market issuance rose in all regions last year except for Latin America, which saw a 30% year-over-year drop in gross proceeds in 2021.
Click here to access our complete infographic that includes additional data visualizations on the largest SPAC IPOs issued in 2021, SPACs receiving private investment in public equity, global equity capital markets issuance by type and sector, and the largest global IPOs of 2021.