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Technology Stocks : Blank Check IPOs (SPACS)

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From: Glenn Petersen2/18/2008 4:57:15 PM
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SUMMARY STATISTICS – FEBRUARY 18, 2008

2003

Number of offerings: 1
Total gross proceeds: $24,150,000
Average gross proceeds per offering: $24,150,000

2004

Number of offerings: 12
Total gross proceeds: $484,414,975
Average gross proceeds per offering: $40,367,915

2005

Number of offerings: 28
Total gross proceeds: $2,126,978,526
Average gross proceeds per offering: $75,963,519

2006

Number of offerings: 37
Total gross proceeds: $3,399,559,752
Average gross proceeds per offering: $91,879,993

2007

Number of offerings: 66
Total gross proceeds: $12,029,899,180
Average gross proceeds per offering: $182,271,200

2008 (to date)

Number of offerings: 9
Total gross proceeds: $3,016,563,000
Average gross proceeds per offering: $335,173,667

Totals to date

Number of offerings: 153
Total gross proceeds: $21,081,565,433
Average gross proceeds per offering: $137,788,009
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