SPAC and New Issue ETF
SPCK
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- 155 Lockwood Road Hawthorne United States of America 06878
- IPO Date
- Dec 16, 2020
- CIK
- 0001181412
- Website
- spcxetf.com
- Similar Companies
- Business
- SPAC and New Issue ETF (SPCK) is an exchange-traded fund that seeks to provide exposure to SPACs and recently listed equities by tracking a strategy focused on SPACs and newly public companies; it aims to deliver investment results that closely correspond to its stated index and investment objective. The fund is managed by a sponsor that emphasizes thematic exposure to SPAC activity and early-stage post-IPO or SPAC-completed entities, with a focus on liquidity and risk controls appropriate for a niche equity strategy. Company overview SPCK is the ticker symbol used to represent The SPAC and New Issue ETF, which originated from SPCX, and is designed to offer investors access to the SPAC ecosystem and de-SPAC transactions as well as recently listed issuers. The fund is publicly traded in the U.S. market and targets a broad exposure to SPACs and new-issue equities, typically by investing in units and shares of SPACs meeting a minimum capitalization threshold and companies that completed an IPO within the last two years. The strategy seeks to preserve liquidity and provide diversified exposure across multiple SPAC and new-issue candidates, balancing equity risk with defensive positioning during adverse conditions when needed. Founding and structure The SPAC and New Issue ETF was launched as SPCX and later re-titled to SPCK as part of a ticker symbol update reflecting branding and market recognition of its SPAC-focused mandate; the change is designed to streamline ticker recognition while preserving investment objectives, strategies, and fee structures. The fund operates under a sponsor/distributor framework common to U.S. ETFs, with ongoing oversight by the sponsor and a management team focused on SPAC-related investments and IPO-related equities. Geographic and operational footprint SPCK primarily operates within the United States market, offering liquidity and access to SPACs, recent IPOs, and related securities for U.S.-based investors; the fund may invest across U.S. equity issuers and SPAC vehicles, with a focus on liquidity and risk management suitable for event-driven exposures. The issuer lists and updates its holdings, performance, and disclosures on its official site and major market data portals, providing investors with standard ETF information including holdings, performance, risks, and fees. Recent developments and changes Key changes include the ticker symbol transition from SPCX to SPCK effective at the start of trading on April 7, 2026, with no changes to the fund’s objective, strategy, or expenses; this reflects branding alignment rather than a shift in investment philosophy. The fund has continued to pursue its core mandate of providing exposure to SPACs and newly listed companies, including the possibility of defensive positioning by allocating up to 100% of assets to short-term debt securities or money market instruments in adverse markets as needed, consistent with its risk management framework. Ongoing announcements and prospectus disclosures provide details on holding composition, liquidity, risk factors, and the fund’s operational structure, as typical for SPAC-focused ETFs. Industry context and target markets SPCK sits within the event-driven, SPAC, and IPO-focused segment of the ETF universe, appealing to investors seeking targeted exposure to SPAC activity and new-issue equities, with consideration given to the higher volatility and liquidity risks associated with these post-IPO and SPAC-derived names; the fund communicates risks, diversification benefits, and potential rewards through its disclosures and marketing materials deployed by the sponsor. The fund’s audience includes institutional and individual investors looking for thematic exposure to SPACs and early-stage public companies, with product features designed around transparency, liquidity, and alignment with a defined SPAC/New Issue strategy. Subsidiaries and parent relationships SPCK is affiliated with the sponsor responsible for the fund’s management and distribution; it operates within the broader SPAC-focused ETF ecosystem that includes other SPAC-related products and market intelligence providers, though SPCK itself remains a single-portfolio ETF with its own prospectus, fees, and trading characteristics. The structure follows standard ETF governance, with a fiduciary framework, a fund administrator, and a distributor, ensuring regulatory and operational compliance for U.S. investors. Illustrative product and services summary - Core products and services: SPAC and New Issue exposure; IPO-related equity exposure; SPAC-derived securities; units and shares of SPACs; liquidity and risk management features; periodic disclosures and performance reporting; investor education and prospectus materials. - Geographic scope: United States-based investments and U.S. trading venue availability; local market listings and data feeds for U.S. investors. - Founding and leadership context: launched as SPCX; ticker updated to SPCK in 2026; sponsor-led ETF with standard governance and disclosure practices. Note: SPCK represents the updated ticker for a SPAC- and new-issue-focused ETF and continues to deliver exposure to SPACs and recently listed equities within the defined investment framework; potential investors should review the latest prospectus for detailed fees, risks, and performance data.