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Company Details

CrossingBridge Pre-Merger SPAC ETF

SPC - NASDAQ

Identifiants & Marche

Ticker SPC
ISIN US89834G7786
CIK 0001141819
Bourse NASDAQ
Devise USD

Classification

Secteur Financial Services
Industrie Asset Management

Entreprise

Pays US
Siege N/A
Fondee 0
Site Web N/A

Description

The fund is an actively managed exchange-traded fund (“ETF”) that under normal market conditions will invest at least 80% of its net assets, plus borrowings for investment purposes, in shares of common stock and units of Special Purpose Acquisitions Companies (“SPACs”) that have yet to consummate a shareholder-approved merger or business combination. The fund seeks to invest in publicly-traded SPACs that at the time of purchase are trading at or below the SPAC’s pro rata trust account value. The fund is non-diversified.
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