Approximately four times more SPAC IPOs were completed in South Korea compared with Mainland China in 2020. The number of SPACs listed reached 19 in South Korea making it the Asia-Pacific territory with the highest number of SPAC IPOs in that year. Meanwhile, almost 250 SPAC IPOs took place in the United States in the same year. A special purpose acquisition company (SPAC) is a company with no business operations which is set up for the sole purpose of raising capital through an initial public offering with the goal of buying an existing company.
Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory
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Number of SPAC IPOs
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S&P Global. (January 13, 2021). Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory [Graph]. In Statista. Retrieved September 15, 2024, from https://www.statista.com/statistics/1231663/number-spac-ipo-asia/
S&P Global. "Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory." Chart. January 13, 2021. Statista. Accessed September 15, 2024. https://www.statista.com/statistics/1231663/number-spac-ipo-asia/
S&P Global. (2021). Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory. Statista. Statista Inc.. Accessed: September 15, 2024. https://www.statista.com/statistics/1231663/number-spac-ipo-asia/
S&P Global. "Number of Special Purpose Acquisition Company (Spac) Ipos Completed in Asia in 2020, by Territory." Statista, Statista Inc., 13 Jan 2021, https://www.statista.com/statistics/1231663/number-spac-ipo-asia/
S&P Global, Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory Statista, https://www.statista.com/statistics/1231663/number-spac-ipo-asia/ (last visited September 15, 2024)
Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory [Graph], S&P Global, January 13, 2021. [Online]. Available: https://www.statista.com/statistics/1231663/number-spac-ipo-asia/
