BTIG, LLC
20 SPAC IPOs underwritten · 15 as left lead · 9 active
BTIG, LLC is a full-service financial services and institutional brokerage firm that entered the SPAC underwriting market in 2020. Since then, BTIG has participated in 20 SPAC IPOs, acting as left lead underwriter on 15 of those transactions — a bookrunner role that reflects its active positioning in the blank-check space. The firm currently holds nine active SPAC mandates and has closed four deals to date, spanning a broad range of target sectors and vehicle sizes. BTIG's sustained presence as a left-lead bookrunner distinguishes it as one of the more active mid-market underwriters in the SPAC ecosystem. Sign up on SpacDesk for complete data on BTIG's full deal history, pipeline, and mandate activity.
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| BWIV Blue Water Acquisition Corp. IV | Blue Water Acquisition III LLC | $129.3M | Lead | Deal Announced | 2026-03-20 | Maha Capital AB |
| ILLU Illumination Acquisition Corp. I | Illumination Acquisition 1 Sponsor LLC | $205.7M | Lead | Searching | 2026-02-27 | — |
| TMTS Spartacus Acquisition Corp. II | Spartacus Sponsor II LLC | $203.8M | Lead | Searching | 2026-02-11 | — |
| CAQ Cambridge Acquisition Corp. | Cambridge Sponsor LLC | $204.6M | Lead | Searching | 2026-02-06 | — |
| LEGO Legato Merger Corp. IV | — | $230.0M | Lead | Searching | 2026-01-26 | — |
| CCCX Churchill Capital Corp X | — | — | Lead | Completed | 2025-05-15 | Infleqtion, Inc. |
| TDAC Translational Development Acquisition Corp. | Stone Capital Partners LLC | $156.4M | Lead | Deal Announced | 2024-12-23 | Prologium Holding Inc |
| WLACW Willow Lane Acquisition Corp. | Willow Lane Sponsor, LLC | $126.5M | Lead | Completed | 2024-11-08 | Boost Run Holdings, LLC |
| POLE Andretti Acquisition Corp. II | Andretti Sponsor II LLC | $230.0M | Lead | Deal Announced | 2024-09-05 | StoreDot Ltd |
| LEGT Legato Merger Corp. III | — | $201.3M | Lead | Completed | 2024-02-06 | Einride AB |
| SPAC | Sponsor | IPO Size | Role | Status | IPO Date | Target |
|---|---|---|---|---|---|---|
| ISRL Israel Acquisitions Corp | Israel Acquisitions Sponsor LLC | $141.3M | Lead | Deal Announced | 2023-01-17 | Gadfin Ltd |
| HWKZ Hawks Acquisition Corp | — | $200.0M | Lead | Liquidated | 2021-10-12 | — |
| ACAH Atlantic Coastal Acquisition Corp. | Atlantic Coastal Acquisition Management LLC | $308.2M | Lead | Liquidated | 2021-03-05 | Essentium, Inc |
| SLAM Slam Corp | — | $575.0M | Co-Mgr | Deal Announced | 2021-02-24 | Lynk Global, Inc |
| EQHA EQ Health Acquisition Corp. | — | $160.0M | Co-Mgr | Liquidated | 2021-02-01 | — |
| CLRM Clarim Acquisition Corp. | — | $250.0M | Co-Mgr | Liquidated | 2021-02-01 | — |
| BTWN Bridgetown Holdings Ltd | — | $550.0M | Co-Mgr | Completed | 2020-10-19 | MoneyHero |
| PMVC PMV Consumer Acquisition Corp. | PMV Consumer Acquisition Holding Company, LLC | $175.0M | Co-Mgr | Liquidated | 2020-09-22 | — |
| MLAC Malacca Straits Acquisition Company Limited | — | $125.0M | Lead | Liquidated | 2020-07-15 | — |
| WPA Whale Point Acquisition Corp. | Whale Point Sponsor LLC | $153.0M | Lead | Withdrawn | — | — |
Underwriter data extracted from S-1 and S-1/A prospectus cover sheets filed with the SEC. Role classification (left lead, co-manager) based on syndicate position order. Trust size reflects declared trust at IPO.