One quarter of all special purpose acquisition companies (SPACs) in the United States that were seeking acquisitions focused on the technology sector in 2020. 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 (IPO), with the goal of buying an existing company. There were a total of 50 SPACs in the U.S. technology sector which sought acquisitions in 2020, followed by 28 SPACs in the healthcare sector.
Number of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by sector
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Mayer Brown. (December 1, 2020). Number of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by sector [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1232122/number-spacs-usa-by-sector/
Mayer Brown. "Number of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by sector." Chart. December 1, 2020. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1232122/number-spacs-usa-by-sector/
Mayer Brown. (2020). Number of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by sector. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1232122/number-spacs-usa-by-sector/
Mayer Brown. "Number of Special Purpose Acquisition Companies (Spacs) Seeking Acquisitions in The United States in 2020, by Sector." Statista, Statista Inc., 1 Dec 2020, https://www.statista.com/statistics/1232122/number-spacs-usa-by-sector/
Mayer Brown, Number of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by sector Statista, https://www.statista.com/statistics/1232122/number-spacs-usa-by-sector/ (last visited December 04, 2024)
Number of special purpose acquisition companies (SPACs) seeking acquisitions in the United States in 2020, by sector [Graph], Mayer Brown, December 1, 2020. [Online]. Available: https://www.statista.com/statistics/1232122/number-spacs-usa-by-sector/