Churchill Capital Corp. IV Prices Upsized $1.8 Billion IPO
by Kristi Marvin on 2020-07-30 at 7:25am

Churchill Capital Corp. IV (CCIV.U), announced the pricing of their upsized $1.8 billion SPAC IPO this morning and the units are expected to begin trading today, Thursday, July 30th, under the symbol NYSE: CCIV.U.

Churchill Capital Corp. IV will have a broad search focus and the team will be aided by their “Operating Partners” and “Strategic Partners” that will assist in sourcing and evaluating potential acquisition targets. Michael Klein will be leading as Chief Executive Officer, President and Chairman of the Board of Directors.

Total SPAC deal count for 2020 year-to-date is now 52 with $21.1 billion in gross proceeds raised. The offering is anticipated to close on Monday, August 3, 2020.


Citigroup Global Markets Inc. is acting as global coordinator, joint bookrunner and representative of the underwriters and Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as joint bookrunners. Academy Securities, Inc., Blaylock Van, LLC, Drexel Hamilton, LLC, Siebert Williams Shank & Co., LLC and Tigress Financial Partners LLC are acting as co-bookrunners. Credit Suisse Securities (USA) LLC is acting as a capital markets advisor.  Paul, Weiss, Rifkind, Wharton & Garrison LLP and White & Case LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. Marcum LLP, acted as auditor.

 

Churchill Capital Corp. IV Prices Upsized $1.8 Billion IPO
Recent Posts
by Kristi Marvin on 2025-07-12 at 10:02am

Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...

by Nicholas Alan Clayton on 2025-07-11 at 8:24am

At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...

by Kristi Marvin on 2025-07-10 at 8:31am

A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...

by Nicholas Alan Clayton on 2025-07-10 at 8:27am

At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...

by Nicholas Alan Clayton on 2025-07-09 at 12:57pm

Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved