- CEO
- Michael S. Klein
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 640 Fifth Avenue New York City United States of America 10019
- Business
- Churchill Capital Corp VII (CVIIW) operates as a special purpose acquisition company, or blank check company, focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company offers redeemable warrants, designated as CVIIW, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share; these public warrants and private placement warrants represent its primary financial instruments traded on Nasdaq. Founded in 2020 and headquartered at 640 Fifth Avenue, 12th Floor, New York, NY, the company targets opportunities across innovative sectors likely to benefit from strategic capital deployment and management expertise. In August 2024, Churchill Capital Corp VII mutually terminated its definitive merger agreement with CorpAcq Holdings Limited, valued at a $1.58 billion enterprise value, due to unfavorable IPO market conditions, leading to the redemption of all public shares at approximately $10.84 per share, cessation of Nasdaq trading for its securities on August 16, 2024, and initiation of dissolution and liquidation proceedings in accordance with its certificate of incorporation by the August 17, 2024 deadline. Warrants expired worthless following the wind-up process, with the sponsor waiving redemption rights on Class B common stock; no further business combinations or operational activities have been pursued since liquidation.