Churchill Capital Corp V (NYSE: CCV-UN) operates as a blank check company, or special purpose acquisition company, with no significant ongoing business operations; it focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more unidentified businesses or entities. The company, formerly known as One Judith Acquisition Corp, was incorporated in 2020 and maintains its headquarters in New York, New York; it initially raised $450 million through its initial public offering in December 2020 to fund its search for a suitable target. In December 2022, it signed a non-binding letter of intent with an undisclosed private target company meeting its investment criteria, prompting an automatic extension of its completion deadline to March 2023; however, the previously disclosed LOI terminated without a definitive agreement, leading the board in October 2023 to redeem all outstanding public shares at approximately $10.40 per share, cease operations except for winding up, and proceed toward dissolution and liquidation as required by its charter since no initial business combination was consummated by the prescribed deadline.