Churchill Capital Corp VII
CVII-WT
New York Stock Exchange0.30
USD
+0.01
- -
CIK
0001828248
Return %
Stock
S&P500
1Y
114.29
18.21
3Y
400.00
64.38
5Y
400.00
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001828248
- Similar Companies
- Business
- Churchill Capital Corp VII was established in 2020 as a special purpose acquisition company, intending to pursue a strategic business combination through a merger, capital stock exchange, asset acquisition, or similar transaction with an operating entity. The firm initially announced a definitive agreement in August 2023 for a proposed merger with CorpAcq Holdings Limited. However, due to challenging market conditions for initial public offerings, both parties mutually decided to terminate this business combination on August 18, 2024. Consequently, Churchill Capital Corp VII did not finalize an acquisition by its August 17, 2024 deadline, leading to its dissolution and the liquidation of funds held in its trust account. The company's securities ceased trading on Nasdaq on August 16, 2024, and it has since proceeded with delisting its shares and winding down operations. The public shares were redeemed for approximately $10.84 per share, while warrants subsequently expired without value.