Three blank-check companies backed by venture capital firm Khosla Ventures filed on Friday to raise a combined $1.2 billion.

The single-day triple filing is another sign of how hot listings by special purpose acquisition companies, or SPACs, have become.

After a record-setting 2020, 143 SPACs have already raised more than $44 billion on U.S. exchanges this year, according to data compiled by Bloomberg. At least 113 more blank-check firms seeking to raise a combined $30 billion are awaiting initial public offerings.

Billionaire Alec Gores filed for two blank-check companies on Feb. 2. Two days later, two SPACs were filed by former Cosmopolitan magazine editor Joanna Coles and Connector Capital Corp. Chief Executive Officer Jonathan Ledecky, the co-owner of the National Hockey League’s New York Islanders.

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Source: Bloomberg

By Michael Hytha