2021 is shaping up to be the “Year of the SPAC.” So far this year, 176 SPACs have raised $49.5 billion, a huge leap from the 10 that raised $2.6 billion by this time last year. SPACs are outpacing traditional IPOs at a rate of three-to-one, and...read more
Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, raised $1.2 billion by offering 120 million units at $10. The company offered 20 million more units than anticipated. It originally planned...read more
Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, raised the proposed deal size for its upcoming IPO on Monday. The New York, NY-based company now plans to raise $1.0 billion by...read more
Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, filed on Monday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company plans to raise...read more
Year of the SPAC: Blank check IPOs are on track to complete more than 1,000 offerings in 2021
2021 is shaping up to be the “Year of the SPAC.” So far this year, 176 SPACs have raised $49.5 billion, a huge leap from the 10 that raised $2.6 billion by this time last year. SPACs are outpacing traditional IPOs at a rate of three-to-one, and...read more
Michael Klein's SPAC Churchill Capital Corp VII prices further upsized $1.2 billion IPO
Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, raised $1.2 billion by offering 120 million units at $10. The company offered 20 million more units than anticipated. It originally planned...read more
Klein's seventh SPAC Churchill Capital Corp VII more than triples deal size ahead of $1 billion IPO
Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, raised the proposed deal size for its upcoming IPO on Monday. The New York, NY-based company now plans to raise $1.0 billion by...read more
Klein's seventh SPAC Churchill Capital Corp VII files for a $300 million IPO
Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, filed on Monday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company plans to raise...read more