Churchill Capital Corp X (CCCXU) Prices Upsized $360M IPO
Churchill Capital Corp X (NASDAQ:CCCXU) announced the pricing of its upsized $360 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCCXU”, Wednesday, May 14, 2025.
The new SPAC aims to conduct a broad search for a business combination target leveraging its teams existing network and expertise.
Churchill Capital Corp X is led by Chief Executive Officer, President and Chairman Michael Klein alongside Chief Financial Officer Jay Taragin. William Sherman is to serve on its Board.
Total SPAC deal count for 2025 year-to-date is now 40. This offering is expected to close on Thursday, May 15, 2025.
BTIG, LLC is acting as sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.