A New Generation of SPACs Leads the Way Into 2025

After a two-and-a-half-year lull in SPAC activity, the second half of 2024 brought glimmers of sunshine to the otherwise gloomy world of SPACs. New SPAC IPO activity picked up pace in the summer of 2024 and continued to grow, finishing the year at a respectable 57 IPOs, with $9.6 billion raised. Seventy-three business combinations valued at almost $38 billion closed in 2024, with 61 additional announced and pending.
Source: A New Generation of SPACs Leads the Way Into 2025