10 SPACs Trading Below $10 with Proven Serial SPAC Sponsors

Dec 30, 2021 | SPACs

A big part of the current SPAC trade is the “risklesss” yield play supported by the ability to redeem at $10 in advance of the deal vote (specifically prior to ex-redemption). There is plenty of opportunity for those looking to head into 2022 with a basket full of discounted SPACs.

The list below shows 10 of discounted SPACs that are trading below $10 AND have SPAC sponsors with positive deSPAC returns as of December 29. SPAC investors will recognize M. Klein and Company, dMY Technology, Fortress, and True Wind Capital as having some of the best performing SPACs / deSPACs out there.

We’ve added in details on each sponsor — how many SPACs they’ve done, how many active, and deSPAC returns — so you can have a sense of the team behind the deal. You can also click through for additional details on the team behind the deal.

ALCC – AltC Acquisition Corp.

Sponsor: M. Klein and Company
Target: Technology

Prices
Common $ 9.77

Sponsor Track Record
Total SPACs: 8
Pre-IPO: 0
Pre-Deal: 4
Announced: 0
deSPACs: 4

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 34.8%
Max: 151.3%
Min: -36.9%

ARYE – ARYA Sciences Acquisition Corp V

Sponsor: Perceptive Advisors
Target: healthcare or healthcare related industries

Prices
Common $ 9.70

Sponsor Track Record
Total SPACs: 5
Pre-IPO: 0
Pre-Deal: 1
Announced: 1
deSPACs: 3

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 28.8%
Max: 113.6%
Min: -34.2%

TWCB – Bilander Acquisition Corp.

Sponsor: True Wind Capital
Target: Technology industry

Prices
Unit $ 10.05
Common $ 9.73

Sponsor Track Record
Total SPACs: 7
Pre-IPO: 3
Pre-Deal: 1
Announced: 0
deSPACs: 3

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 1.1%
Max: 22.8%
Min: -14.2%

CCV – Churchill Capital Corp V

Sponsor: M. Klein and Company
Target: None

Prices
Unit $ 10.18
Common $ 9.92

Sponsor Track Record
Total SPACs: 8
Pre-IPO: 0
Pre-Deal: 4
Announced: 0
deSPACs: 4

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 34.8%
Max: 151.3%
Min: -36.9%

CCVI – Churchill Capital Corp VI

Sponsor: M. Klein and Company
Target: General

Prices
Unit $ 10.00
Common $ 9.77

Sponsor Track Record
Total SPACs: 8
Pre-IPO: 0
Pre-Deal: 4
Announced: 0
deSPACs: 4

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 34.8%
Max: 151.3%
Min: -36.9%

CVII – Churchill Capital Corp VII

Sponsor: M. Klein and Company
Target: General

Prices
Unit $ 10.04
Common $ 9.83

Sponsor Track Record
Total SPACs: 8
Pre-IPO: 0
Pre-Deal: 4
Announced: 0
deSPACs: 4

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 34.8%
Max: 151.3%
Min: -36.9%

CPAA – Conyers Park III Acquisition Corp.

Sponsor: Centerview Capital
Target: consumer sector and consumer-related businesses

Prices
Unit $ 10.00
Common $ 9.75

Sponsor Track Record
Total SPACs: 3
Pre-IPO: 0
Pre-Deal: 1
Announced: 0
deSPACs: 2

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 9.8%
Max: 31.0%
Min: -11.4%

DMYS – dMY Technology Group, Inc. VI

Sponsor: dMY
Target: gaming, entertainment, education, e-commerce, dating and health and wellness

Prices
Unit $ 10.42
Common $ 9.81

Sponsor Track Record
Total SPACs: 5
Pre-IPO: 0
Pre-Deal: 1
Announced: 0
deSPACs: 4

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 8.8%
Max: 65.8%
Min: -40.2%

FCAX – Fortress Capital Acquisition Corp

Sponsor: Fortress
Target: Financial Services

Prices
Unit $ 9.92
Common $ 9.75

Sponsor Track Record
Total SPACs: 6
Pre-IPO: 0
Pre-Deal: 3
Announced: 0
deSPACs: 3

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 28.9%
Max: 144.9%
Min: -57.8%

FVT – Fortress Value Acquisition Corp. III

Sponsor: Fortress
Target: None

Prices
Unit $ 9.95
Common $ 9.77

Sponsor Track Record
Total SPACs: 6
Pre-IPO: 0
Pre-Deal: 3
Announced: 0
deSPACs: 3

Sponsor deSPAC Returns Since IPO (annualized)
Avg: 28.9%
Max: 144.9%
Min: -57.8%

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