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Skillsoft (Churchill Capital II) Priced, NYSE: SKIL

Second blank check company founded by dealmaker and former Citi executive Michael Klein (completed 6/10/2021).

Industry: SPAC

First Day Return: +1.4%

We are a newly incorporated blank check company. We have not identified any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions with any business combination target. We may pursue an initial business combination in any business or industry but expect to focus on a target in an industry where we believe our management team and founder’s expertise will provide us with a competitive advantage. Our objectives are to generate attractive returns for shareholders and enhance value through selecting a high quality target at an attractive valuation, negotiating favorable acquisition terms for our stockholders and improving operational performance of the acquired company. We expect to favor potential target companies with certain industry and business characteristics. Key industry characteristics include compelling long term growth prospects, opportunities to affect valuation improvements at the company, attractive competitive dynamics and consolidation opportunities. Key business characteristics include competitive advantages, significant streams of recurring revenue, opportunity for operational improvement, attractive steady-state margins, high incremental margins and attractive free cash flow characteristics.

Skillsoft (Churchill Capital II) (SKIL) Performance

Created with Highcharts 10.3.2Chart context menuSKIL vs. IPO Index (IPOUSA)Sep 2019Jan 2020May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 20250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index