Churchill Capital Corp. XI (CCXIU) Prices Upsized $360M IPO
Churchill Capital Corp. XI (NASDAQ:CCXIU) announced the pricing of its upsized $360 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCXIU”, Wednesday, December 17, 2025.
The new SPAC plans to mount a broad search for a target company that has is in an industry where Churchill XI’s experience provides a competitive advantage.
Churchill Capital Corp. XI is to be led by Chief Executive Officer, President and Chairman Michael Klein and Chief Financial Officer Jay Taragin. William Sherman will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 138. This offering is expected to close on Thursday, December 18, 2025.
Citigroup is acting as sole book-running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
