Churchill Capital Corporation V announced the pricing of its upsized $450 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “CCV.U” tomorrow, Wednesday December 16.
The new company aims to combine with a business sourced through its management’s proprietary channels with potential to grow through further M&A. Churchill V is led by CEO, President and Chairman Michael Klein, alongside CFO Jay Taragin.
Total SPAC deal count for 2020 year-to-date is now 235 with $78.9 billion in gross proceeds raised. This offering is expected to close on Friday, December 19.
Citigroup Global Markets Inc. (“Citigroup”) is acting as joint bookrunner and representative of the underwriters and each of Goldman Sachs & Co. LLC (“Goldman Sachs”), J.P. Morgan Securities LLC (“J.P. Morgan”) and BofA Securities (“BofA”) is acting as joint bookrunner. B. Riley Securities, Inc. is acting as co-manager. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
Pioneer Acquisition I Corp. (NASDAQ:PACHU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PACHU”, Wednesday, June 18, 2025. The new SPAC aims to combine with a target company in the healthcare sector, which could include medical device manufacturers, digital healthcare firms...
Axiom Intelligence Acquisition Corp. 1 (NASDAQ:AXINU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AXINU”, Wednesday, June 18, 2025. The new SPAC plans to combine a European infrastructure target company potentially in the energy, digitization or transportation spheres. Axiom 1’s management...
Solarius Capital (NASDAQ:INACU) has filed for a $150 million IPO to seek out a financial services target with a team making its first step into SPACs. The new SPAC is offering investors a 1/2 warrant in each unit and it will overfund its trust to 100.5% with $10.05 per unit in the trust account from...
At the SPAC of Dawn Today is a major day of economic indicators with eight different reads on retail sales, import prices, industrial production, as well as both business inventories and home builder confidence index rolling in through the morning. All of this is to come ahead of a Fed interest rate decision tomorrow. This...
Indigo (NASDAQ:INACU) has filed for a $100 million SPAC to take a first-time team on a broad search for a target as 2025 SPACs hit a key milestone. The new SPAC is to sell units containing one right to a 1/10 share in each with no overfunding of its trust. Shareholders are slated to get...