Consumer SPACs
Complete breakdown of 20 SPACs in the Consumer sector. Average return of +197.9% with a 10% bankruptcy rate.
Total SPACs
20
Avg Return
+197.9%
Bankruptcy Rate
10%
Capital Raised
$6.0B
trust sizes combined
Bankrupt
2
Zombie
4
Survivors
5
Peak Market Cap
$42.1B
All Consumer SPACs (20)
| Company | Ticker | Peak | Current | Return | Status | Year |
|---|---|---|---|---|---|---|
| Enjoy Technology | ENJY | $10.93 | $0.00 | -100.0% | bankrupt | 2021 |
| Whole Earth Brands | FREE | $14.00 | $0.00 | -100.0% | acquired | 2020 |
| Greenland Acquisition | GNLN | $6.50 | $0.00 | -100.0% | bankrupt | 2019 |
| The Parent Company | TPCO | $12.50 | $0.01 | -99.9% | delisted | 2021 |
| Beachbody | BODY | $14.00 | $0.15 | -98.9% | delisted | 2021 |
| Borealis Foods | BRLS | $12.50 | $1.58 | -84.2% | zombie | 2021 |
| HF Foods Group | HFFG | $35.00 | $1.77 | -82.3% | zombie | 2017 |
| Utz Brands | UTZ | $30.09 | $7.43 | -25.7% | survivor | 2018 |
| Igniting Consumer Growth Acquisition Co | $0.00 | $0.00 | 0.0% | delisted | 2022 | |
| Venice Brands Acquisition Corp. I | $0.00 | $0.00 | 0.0% | delisted | 2021 | |
| Athena Consumer Acquisition | $0.00 | $0.00 | 0.0% | delisted | 2021 | |
| Aspirational Consumer Lifestyle Corp. II | $0.00 | $0.00 | 0.0% | delisted | 2021 | |
| VMG Consumer Acquisition | $0.00 | $0.00 | 0.0% | delisted | 2021 | |
| Global Consumer Acquisition | $0.00 | $0.00 | 0.0% | delisted | 2021 | |
| Whole Earth Brands | $0.00 | $0.00 | 0.0% | zombie | 2019 | |
| Stryve Foods | $0.00 | $0.00 | 0.0% | zombie | 2018 | |
| Betterware de MΓ©xico | BWMX | $47.00 | $17.00 | +70.0% | survivor | 2020 |
| DraftKings | DKNG | $74.38 | $45.00 | +200.0% | survivor | 2020 |
| Brand Engagement Network | BNAI | $197.50 | $39.48 | +294.8% | survivor | 2021 |
| PMV Consumer Acquisition | PMVC | $438.80 | $438.80 | +4288.0% | survivor | 2020 |
Consumer Sector Summary
The Consumer sector saw 20 companies go public via SPAC mergers, raising a combined $6.0B in trust capital. With an average return of +197.9% and 2 bankruptcies out of 20 companies (10% bankruptcy rate), Consumer has performed relatively better than other SPAC sectors, though still underwater. At peak, these companies reached a combined market cap of $42.1B.