SPAC IPO underwriters league table, 2022
The most active SPAC IPO underwriters in 2022, ranked by deals led as lead-left underwriter. Benchmark ranks first with 5 deals.
All years 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
| # | Firm | Deals as lead-left | Deals in any role | Proceeds of deals led | Median deal led |
|---|---|---|---|---|---|
| 1 | Benchmark | 5 | 9 | $405M | $75M |
| 2 | EF Hutton | 4 | 4 | $387M | $100M |
| 3 | BTIG | 3 | 4 | $450M | $165M |
| 4 | Chardan | 3 | 3 | $220M | $60M |
| 5 | Ladenburg Thalmann | 3 | 3 | $210M | $60M |
| 6 | Cantor | 2 | 2 | $500M | $250M |
| 7 | BofA Securities | 2 | 2 | $400M | $200M |
| 8 | Citigroup | 2 | 2 | $400M | $200M |
| 9 | Maxim Group | 2 | 2 | $245M | $122.5M |
| 10 | HSBC | 1 | 1 | $275M | $275M |
| 11 | Pitchbook National Venture Capital | 1 | 1 | $261M | $261M |
| 12 | Fast Company | 1 | 1 | $250M | $250M |
| 13 | Wells Fargo | 1 | 2 | $250M | $250M |
| 14 | Credit Suisse | 1 | 1 | $225M | $225M |
| 15 | Deutsche Bank | 1 | 2 | $200M | $200M |
| 16 | Leerink Partners | 1 | 1 | $200M | $200M |
| 17 | Piper Sandler | 1 | 1 | $200M | $200M |
| 18 | Schroder | 1 | 1 | $200M | $200M |
| 19 | TABLE OF CONTENTS Acceleration Partners | 1 | 1 | $200M | $200M |
| 20 | UBS | 1 | 1 | $200M | $200M |
| 21 | Restructuring Officer of Rhino Resource Partners | 1 | 1 | $150M | $150M |
| 22 | SouthLight Capital | 1 | 1 | $130M | $130M |
| 23 | A.G.P. | 1 | 1 | $125M | $125M |
| 24 | B. Riley | 1 | 1 | $100M | $100M |
| 25 | Business Intelligence | 1 | 1 | $100M | $100M |
| 26 | China Investment | 1 | 1 | $100M | $100M |
| 27 | EarlyBird | 1 | 2 | $100M | $100M |
| 28 | J.P. Morgan | 1 | 2 | $100M | $100M |
| 29 | MarkerTree Capital | 1 | 1 | $100M | $100M |
| 30 | Vickers Venture Partners | 1 | 1 | $100M | $100M |
| 31 | President of Fortune Rise Acquisition | 1 | 1 | $85M | $85M |
| 32 | Advantary | 1 | 1 | $80M | $80M |
| 33 | AO Lumbar Degenerative Expert | 1 | 1 | $75M | $75M |
| 34 | Deer Isle | 1 | 1 | $75M | $75M |
| 35 | Hong Yuan | 1 | 1 | $75M | $75M |
| 36 | ThinkEquity | 1 | 1 | $70M | $70M |
| 37 | MY Technology | 1 | 1 | $60M | $60M |
| 38 | Mission Peak Capital | 1 | 1 | $60M | $60M |
| 39 | Network 1 | 1 | 1 | $60M | $60M |
| 40 | PROPOSED BUSINESS Our Company | 1 | 1 | $60M | $60M |
| 41 | Wang & Partners | 1 | 1 | $50M | $50M |
Lead-left is the first bank named on the final prospectus cover; proceeds (base deal, before the over-allotment) are credited in full to that bank. "Any role" counts every bank on the cover. Based on the 58 deals with underwriters on record.
Other tables: US IPO underwriters · US IPO law firms · SPAC IPO law firms
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