Approximately **** times more SPAC IPOs were completed in South Korea compared with Mainland China in 2020. The number of SPACs listed reached ** in South Korea making it the Asia-Pacific territory with the highest number of SPAC IPOs in that year. Meanwhile, almost *** SPAC IPOs took place in the United States in the same year. A special purpose acquisition company (SPAC) is a company with no business operations which is set up for the sole purpose of raising capital through an initial public offering with the goal of buying an existing company.
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S&P Global. (January 13, 2021). Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 13, 2026, from /statistics/1231663/number-spac-ipo-asia/
S&P Global. "Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory." Chart. January 13, 2021. ÀÖ²¥´«Ã½app×îа汾. Accessed August 13, 2026. /statistics/1231663/number-spac-ipo-asia/
S&P Global. (2021). Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory. ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 13, 2026. /statistics/1231663/number-spac-ipo-asia/
S&P Global. "Number of Special Purpose Acquisition Company (Spac) Ipos Completed in Asia in 2020, by Territory." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 13 Jan 2021, /statistics/1231663/number-spac-ipo-asia/
S&P Global, Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory ÀÖ²¥´«Ã½app×îа汾, /statistics/1231663/number-spac-ipo-asia/ (last visited August 13, 2026)
Number of special purpose acquisition company (SPAC) IPOs completed in Asia in 2020, by territory [Graph], S&P Global, January 13, 2021. [Online]. Available: /statistics/1231663/number-spac-ipo-asia/
