What is sic code in a SPAC?

Filings

SIC code

The SEC's industry classification. Code 6770, blank checks, is how the SPAC universe is enumerated.

Also written: standard industrial classification

Every registrant is assigned a SIC code. 6770 covers blank checks, and it is assigned at registration rather than claimed later, which makes it a reliable starting point.

Using it as the coverage universe is the difference between a complete dataset and a list somebody typed up.

Related terms

Blank-check company
The SEC's own term for a development-stage company with no specific business plan, which is how SPACs are classified and found.
Form S-1
The registration statement for the IPO, and the first public sighting of a new SPAC.

See the term in the wild: the screener shows trust size, per-share value and deadlines for every U.S. SPAC, and each profile links to the filings the numbers came from.

Definitions describe market practice and are not investment, legal or tax advice.