SPAC Attack Quarterly Update: 2022 First Quarter

Colonnade’s SPAC Attack Index rose 35% to 1449 in Q4/2021, as pressure continues to build on the mountain of SPAC capital raised in the past six quarters to find suitable acquisition targets. Our index increased nearly five-fold in 2021.

The pressure on SPACs to deploy capital in a short time period continues to influence deal dynamics in the private markets. A choppy stock market and high redemption rates are pressuring SPACs to find compelling investments in a hurry. Strong demand remains for growing, profitable companies that are ready to go public through a SPAC.

SPAC COVER_ 2022 First Quarter Commentary (1)