IPO Industry Breakdown
SPAC: 26.2 %
IPO Date Company Name Ticker Deal Size Return
08/11/08 Chardan 2008 China Acquisition CACAU $55.0 mm 5.0 %
SPAC led by the owner and CEO of Chardan Capital Markets which will focus on businesses with primary operations in China
7/23/08 North Asia Investment Corporation NHR-U $50.0 mm -4.9 %
SPAC intending to focus on businesses with principal operations in Asia, with emphasis on South Korea and China. Chairman and CEO Thomas Chan-Soo Kang is also Chairman and CEO of private equity firm Kang & Co.
06/25/08 Navios Maritime Acquisition NNA-U $220.0 mm 1.4 %
SPAC sponsored by drybulk shipper Navios Maritime (NYSE: NM) which intends to focus on the marine transportation and logistics industries.
2/26/08 BPW Acquisition Corp. BPW-U $350.0 mm -2.5 %
SPAC intending to focus on the financial services or business services industry. Chairman and CEO Michael Martin is a former Vice Chairman and Managing Director of UBS Investment Bank.
02/14/08 GHL Acquisition Corp. GHQ-U $400.0 mm -2.0 %
A blank check company with a management team from Greenhill Capital Partners, an investment bank and the company's founding stockholder.
1/30/08 Overture Acquisition NLX-U $150.0 mm -2.5 %
A SPAC sponsored by John F.W. Hunt, founder or co-founder of six different companies including Oriel LLC and The Seattle Coffee Company.
01/24/08 Atlas Acquisition Holdings AXG-U $200.0 mm -4.0 %
A newly formed blank check company whose CEO, James Hauslein, was chairman of Sunglass Hut International between 1991 and 2001.
1/24/08 Trian Acquisition I Corp. TUX-U $800.0 mm -0.7 %
SPAC with management team that has previously owned and operated companies including Triangle Industries, Snapple Beverage Group and Arby's Restaurant Group.
01/18/08 Sapphire Industrials Corp FYR-U $800.0 mm -2.0 %
SPAC with current Vice Chairman of Lazard International, Donald Drapkin, serving as Chairman, CEO and President.
1/18/08 Sports Properties Acquisition Corp. HMR-U $200.0 mm -2.8 %
A newly formed blank check company that intends to invest in the sports, entertainment or leisure industries. Its CEO Tony Tavares is the former CEO of global venue management company SMG; he also has served as President of several MLB franchises and was previously CEO of Disney Sports Enterprises. Baseball legend Hank Aaron and former New York Governer Mario Cuomo are on the board of the directors.
01/16/08 Asia Special Situation Acquisition Corp. CIO-U $100.0 mm -6.5 %
A blank check company intending to focus on the leisure and hospitality or financial services industries in China. The company's Chairman and CEO, Angela Ho, served as a director of pharmaceutical company BioSante between 1996 and 2001.
1/14/08 Polaris Acquisition TKP-U $150.0 mm -1.2 %
A newly formed blank check company with a management team experienced in consumer marketing.
12/12/07 United Refining Energy Corp. URX-U $450.0 mm -1.0 %
A blank check company that intends to focus in the energy industry.
12/7/07 Global Brands Acquisition GQN-U $250.0 mm -3.4 %
A newly formed blank check company.
12/07/07 Tremisis Energy Acquisition CORP II TGY-U $76.0 mm -3.1 %
Blank check company targeting the energy or the environmental sector.
12/6/07 Liberty Acquisition Holdings LIA-U $900.0 mm -0.5 %
A newly formed blank check company.
12/04/07 North Shore Acquisition NSAQU.OB $50.4 mm -3.1 %
Blank check company looking to make an acquisition in an undisclosed sector or location.
11/30/07 Camden Learning Corp CAELU.OB $50.0 mm -3.8 %
Blank check company looking to make an acquisition in the education sector.
11/21/07 Global Consumer Acquisition GHC-U $300.0 mm -2.5 %
A newly formed blank check company.
11/20/07 Ideation Acquisition Corp. IDI-U $80.0 mm 0.6 %
Blank check company targeting an acquisition in the digital media center.
11/19/07 China Holdings Acquisition HOL-U $120.0 mm -4.5 %
Blank check company formed to acquire one or more operating businesses having their primary operations in the People?s Republic of China.
11/15/07 Prospect Acquisition PAX-U $250.0 mm -3.5 %
Blank check company whose primary area of focus will be in the financial services industry.
11/13/07 Heckmann Corporation HEK-U $400.0 mm 71.3 %
SPAC which intends to acquire China Water & Drinks
11/9/07 2020 ChinaCap Acquirco TTY-U $60.0 mm -2.8 %
A newly formed blank check company in China.
11/08/07 Capitol Acquisition CLA-U $250.0 mm -2.0 %
Blank check company that intends to acquire an operating business in an unspecified industry
11/8/07 Enterprise Acquisition EST-U $250.0 mm -1.6 %
A newly formed blank check company.
11/07/07 Golden Pond Healthcare GPH-U $125.0 mm -3.8 %
A newly formed blank check company looking to acquire an operating business in the healthcare industry.
10/24/07 Secure America Acquisition HLD-U $8.0 mm -5.6 %
Blank check company targeting the homeland security industry.
10/22/07 Triplecrown Acquisition TCW-U $480.0 mm -4.0 %
Blank check company focused on financial services industry.
10/18/07 NRDC Acquisition NAQ-U $360.0 mm -2.8 %
A newly formed blank check company.
10/18/07 Stream Global Services OOO-U $250.0 mm 5.6 %
Blank check company looking to make an acquisition in the business process outsourcing sector.
10/18/07 TM Entertainment and Media TMI-U $72.0 mm -4.8 %
Newly formed blank check company targeting acquisition of an operating business in the entertainment industry.
10/16/07 Stone Tan China Acquisition STTAU.OB $240.0 mm -1.9 %
Blank check company looking to make an acquisition in China.
10/11/07 SP Acquisition Holdings DSP-U $400.0 mm -1.6 %
Blank check company looking to make an acquisition in United States, Europe, or Asia.
10/03/07 Highlands Acquisition HIA-U $120.0 mm -2.9 %
Blank check company initially focused on the healthcare industry.
10/3/07 Inter-Atlantic Financial IAN-U $60.0 mm -3.0 %
Blank check company looking to acquire a business in the financial services sector.
09/28/07 Hicks Acquisition Company I TOH-U $480.0 mm -3.5 %
Blank check company organized by Thomas Hicks of Hicks Holdings, LLC.
9/25/07 Seanergy Maritime SRG-U $220.0 mm 0.5 %
Blank check company targeting the Maritime shipping industry.
Total Number: 38 Total Proceeds: $9.8 bil Average Return: 0 %
Technology: 18.6 %
IPO Date Company Name Ticker Deal Size Return
08/07/08 Rackspace Hosting RAX $187.5 mm -12.2 %
A leading full service hosting provider with 33,000 customers.
7/29/08 China Distance Education DL $61.3 mm -47.9 %
Provides online professional education and test preparation courses in China.
02/13/08 ArcSight ARST $61.8 mm 9.9 %
Provides high-end enterprise security and compliance management software.
2/11/08 Asia Time Corporation TYM $3.4 mm 5.7 %
A distributor of watch movements components to timepiece manufacturers.
01/28/08 ATA Inc. ATAI $46.3 mm 27.7 %
Leading provider of computer-based testing and educational programs in China.
12/19/07 NetSuite N $161.2 mm -34.6 %
Provides on-demand business management application suites for SMBs.
12/18/07 Orion Energy Systems OESX $100.0 mm -52.8 %
Designs, manufactures and implements energy efficient lighting systems.
12/13/07 Intellon ITLN $45.0 mm -37.5 %
Fabless designer of chips that enable data transfer over electrical wiring.