Churchill Announces Redemption of Public Shares NEW YORK and ALTRINCHAM, England , Aug. 18, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill") (Nasdaq: CVII), a publicly-traded special purpose acquisition company, and CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, today announced that they have mutually agreed to terminate their previously announced merger agreement (the "Merger Agreement") due to IPO market conditions, effective today. "While market conditions are not favorable today for the public listing of CorpAcq through our proposed merger, we continue to believe in the strong fundamentals and growth prospects of the Company," said Michael S.
Stockholders may elect to redeem shares of Class A Common Stock until 5:00 pm Eastern Time, August 9, 2024 NEW YORK , Aug. 5, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") (Nasdaq: CVII), a special purpose acquisition company, announced today that the deadline for Churchill VII stockholders to elect redemption of their shares of class A common stock of Churchill VII ("Class A Common Stock") in connection with the proposed business combination between CorpAcq Holdings Limited ("CorpAcq"), and Churchill VII (the "Business Combination") is extended until 5:00 P.M., Eastern Time on August 9, 2024.
Expected Financing Would De-Risk Closing of Business Combination and is Anticipated to Support CorpAcq's Future Growth NEW YORK and ALTRINCHAM, England , Aug. 2, 2024 /PRNewswire/ -- CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, and Churchill Capital Corp VII ("Churchill VII") (NASDAQ: CVII), a special purpose acquisition company, today provided an update on planned equity or equity-linked financing in support of the previously announced business combination (the "Business Combination") between CorpAcq, CorpAcq Group Plc, a public limited company incorporated under the laws of England and Wales and an affiliate of CorpAcq ("CorpAcq Group Plc"), and Churchill VII. Any commitments with respect to such financing would be announced in advance of closing.
1 May 2025 Date | | - Cons. EPS | - EPS |
1 May 2025 Date | | - Cons. EPS | - EPS |
Shell Companies Industry | Financial Services Sector | Michael S. Klein CEO | NYSE Exchange | 17144M102 Cusip |
US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Churchill Capital Corp VII is a blank check company, established with the primary focus on facilitating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or a similar business combination with one or more businesses. The company was incorporated in the year 2020 and has its headquarters based in New York, New York. As a blank check company, it serves as a vehicle for investors to pool resources in order to fund business transactions with existing companies, thereby providing a pathway for businesses to go public or to achieve additional growth and development.
The primary offering of Churchill Capital Corp VII is centered around its capability to engage in the following activities: