Amid the pandemic, 2020 and 2021 were spectacular years for special purpose acquisition company (SPAC) initial public offerings (IPOs). The number of SPACs listed during these two years were 248 and 613, respectively. Between 2022 and 2024, however, SPACs fell to less than 100 IPOs annually. However, there seems to be renewed interset in these kinds of public debuts, with 144 SPAC IPOs in 2025 and 108 so far this year.
Having learned from the SPAC IPO euphoria experienced during the pandemic, investors need to be selective when considering exposure to these kinds of listings. But one interesting story that deserves attention this year is Inflection Point Acquisition Corp VI (IPFX). In March 2026, IPFX listed with an initial public offering of 22 million shares at $10 apiece, making for a total fundraising of $220 million.