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Churchill Capital Corp IX - CCIXU STOCK NEWS

Welcome to our dedicated page for Churchill Capital IX news (Ticker: CCIXU), a resource for investors and traders seeking the latest updates and insights on Churchill Capital IX stock.

Churchill Capital Corp IX is a blank check company founded by Michael Klein, also the founder of M. Klein and Company, LLC. The company recently closed its IPO of 28,750,000 units, with gross proceeds of $287,500,000 placed in trust. Churchill Capital Corp IX aims to effect a merger, acquisition, or similar business combination in any industry, with Citigroup Global Markets Inc. as the sole bookrunner. The securities began trading on Nasdaq under the symbols CCIXU, CCIX, and CCIXW.

Rhea-AI Summary

Churchill Capital Corp IX (Nasdaq: CCIXU) announced that starting June 21, 2024, investors who purchased units during the company's initial public offering can choose to separately trade the Class A ordinary shares and warrants included in these units. Fractional warrants will not be issued; only whole warrants will trade. The separated Class A shares and warrants will be listed on the Nasdaq Global Market under the symbols 'CCIX' and 'CCIXW,' respectively. Units that remain unseparated will continue to trade under the symbol 'CCIXU.' This announcement does not serve as an offer to sell or buy the company's securities in any jurisdictions where such an offer or sale would be unlawful.

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Rhea-AI Summary

Churchill Capital Corp IX completed an initial public offering, raising $287.5 million by issuing 28,750,000 units at $10.00 per unit. The units, traded on Nasdaq under the symbol 'CCIXU,' consist of one Class A ordinary share and one-quarter of a redeemable warrant. The funds will be held in trust for future purposes. The company, led by Michael Klein, aims to pursue mergers or acquisitions in any industry.

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FAQ

Who founded Churchill Capital Corp IX?

Churchill Capital Corp IX was founded by Michael Klein, who is also the founder of M. Klein and Company, LLC.

What type of company is Churchill Capital Corp IX?

Churchill Capital Corp IX is a blank check company.

What was the gross proceeds from Churchill Capital Corp IX's recent IPO?

The recent IPO of Churchill Capital Corp IX resulted in gross proceeds of $287,500,000.

What is the purpose of Churchill Capital Corp IX?

Churchill Capital Corp IX was formed to effect a merger, acquisition, or similar business combination with one or more businesses.

Who acted as the sole bookrunner for Churchill Capital Corp IX's IPO?

Citigroup Global Markets Inc. acted as the sole bookrunner for Churchill Capital Corp IX's IPO.

Churchill Capital Corp IX

Nasdaq:CCIXU

CCIXU Rankings

CCIXU Stock Data

29.48M
Blank Checks
United States of America
NEW YORK