SPCX News and Press, The SPAC and New Issue ETF From 01/13/21

A new SPAC ETF launched in mid December, which is the second SPAC ETF to come to market. SPCX and SPAK are vastly different ETFs, even though they both carry the SPAC label. SPCX has a majority of assets allocated to pre-deal SPACs compared to SPAK which has a majority of assets a...

The SPAC and New Issue ETF (SPCX) Surpasses $25 million AUM First Actively-Managed SPAC ETF Attains Milestone in Thirteen Trading Days PR Newswire NEW YORK , Jan. 6, 2021 /PRNewswire/ -- The SPAC and New Issue ETF (NYSE: SPCX) announced that it has eclip...

Some 149 special purpose acquisition companies, known as SPACs, enter 2021 searching for business combination targets with a $57B collective war chest, according to Odeon Capital analyst Alex Arnold's SPAC Tracker.Meanwhile, 77 companies are poised to raise ~$17B of new capital through IPOs i...

Global M&A activity rebounded in the back half of 2020 after dropping off a cliff in Q2, when companies contended with the financial market turmoil at the start of the pandemic. Still, activity declined for the year.Value of M&A globally declined 5% Y/Y to $3.6T in 2020, its lowest si...

When the pandemic hit Europe and the U.S. earlier this year, companies scrambled for cash, with some turning to equity markets to bolster their liquidity to weather uncertain times.Then with central banks aggressively shoring up financial markets, stocks rebounded, making initial public offer...