was amended with a new name, cohn robins as co-chairman of that spac they join a slew of other famous finances that launched spacs that include bill ackman, jeff smitherry and former house speaker paul ryan have also launched spacs recently. 79 spacs have been filed with $32 billion. that's up 136% from the $13.6 billion raised in all of last year and it's only august. melissa? >> leslie, thank you leslie picker. i thought it was interesting that a sole book runner on gary cohn's speak this used to be sort of a shady back water of financing, backdoor way of going public and here we are with some very famous people, very famous investors. you know, legends perhaps going into this space. >> right, it's a backdoor to an ipo. that makes it appealing to the target companies so this is a pool of money that investors believe that whoever the sponsor is, let's say gary cohn can find something and cliff robins can find something in their area of expertise to bring public through a backdoor andhe investor, they have a look at whether or not you like that deal if you don't like it, share your sells back to the company. most deals get approved and that's the ex