Churchill Capital Corp VI
CCVI
New York Stock Exchange10.49
USD
+0.01
- -
CIK
0001828250
ISIN
US17143W1018
CUSIP
17143W101
Return %
Stock
S&P500
1Y
4.95
18.21
3Y
6.02
63.29
5Y
6.02
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael S. Klein
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 640 Fifth Avenue New York City NY United States of America 10019
- IPO Date
- Apr 5, 2021
- CIK
- 0001828250
- Similar Companies
- Business
- Churchill Capital Corp VI (NYSE: CCVI) operates as a blank check company, or special purpose acquisition company (SPAC), whose primary purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it conducts no significant operations and generates no revenue pending such a transaction. Founded in 2020 and headquartered in New York, New York, the company focuses on targets that generate stable free cash flow, leveraging proprietary deal-sourcing channels associated with sponsor Churchill Capital and led by Michael Klein; it serves investors seeking exposure to high-growth opportunities across industries such as technology, financial services, and sustainable sectors through public market access. The company raised $480 million in its upsized initial public offering in February 2021, offering 48 million units at $10.00 each on the New York Stock Exchange under the symbol CCVI.U, with underwriters including J.P. Morgan, Citigroup, Goldman Sachs, and BofA Securities. In February 2023, it signed a non-binding letter of intent with an undisclosed target, securing a three-month extension to its completion deadline, though no merger materialized. In November 2023, the board announced redemption of all outstanding public shares at approximately $10.49 per share due to failure to complete a business combination by the deadline, with trading ceasing on December 1, 2023, and public shares deemed cancelled effective December 4, 2023, marking its liquidation.
Small Cap Stocks Worth Watching – October 28th
Churchill Capital Corp VI Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination
DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Churchill Capital Corp. VI and Encourages Investors to Contact the Firm