Question 70 of 112 in In the News 2021
Started Mar 19, 2021 05:00PM UTC   •   Closing Jan 01, 2022 08:01AM UTC

Luckbox Magazine asks:

What will be the gross proceeds for special purpose acquisition company (SPAC) IPO transactions in 2021?


SPACs have seen rapid growth as an alternative to conventional initial public offerings (IPOs) (Investopedia, Vox, Benzinga). The question will be suspended on 31 December 2021 and the outcome will be determined using data as reported by SPACInsider on 7 January 2022 (SPACInsider). For 2020, gross proceeds from SPAC IPO transactions totaled 83,334.7 million dollars, or $83.3347 billion.

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Possible Answer Crowd Forecast Change in last 24 hours
Less than $100 billion 0.00% +0.00%
Between $100 billion and $140 billion, inclusive 5.00% +0.00%
More than $140 billion but less than $180 billion 60.00% +4.00%
$180 billion or more 35.00% -4.00%

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