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SPAK - Defiance Next Gen SPAC Derived ETF

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SPAK - Defiance Next Gen SPAC Derived ETF

SPACs leading traditional IPOs

SPACs’ flexibility, transparency3 and wide access means that more money is being channeled for SPAC deals in 2021 than via the traditional IPO method.4

Experienced Sponsors

While SPACs lack the IPO “gatekeeper” underwriters, many are led by seasoned deal-makers such as Chamath Palihapitya, Bill Ackman or Michael Klein.

Innovation-sensitive

SPAC sponsors and investors both want to profit from emerging trends and innovation. The SPAC vehicle can expediate the public status of a company on the cutting edge of its field.