Churchill Capital Corp Prices $600 Million SPAC

Churchill Capital Corp announced the pricing of their $600 million SPAC late last night and the unit will begin trading this morning on the NYSE under the symbol CCC.U.

Churchill Capital is being led by Michael Klein as Chairman and Jerre Stead as CEO and intends to focus on the information services segment of the broader technology services and software industry and, more specifically, the predictive analytics and data market.

Total 2018 deal count is now 33 SPACs with $8.088 billion in total gross proceeds raised.

Congratulations to all.

Citigroup is acting as the sole book running manager for the offering and B. Riley FBR as co-manager.