Streetbeat News

CVII

Churchill Capital Corp VII

https://vii.churchillcapitalcorp.com

Industry

Shell Companies

Churchill Capital Corp VII focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

Open

10.05

Mkt cap

915M

Volume

20K

High

10.05

P/E Ratio

999.00

52-wk high

13.42

Low

9.99

Div yield

N/A

52-wk low

9.50

Churchill Capital shares rose after announcing the termination of its merger agreement with CorpAcq Holdings.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 4:59 pm

Churchill Capital Corp VII shares are trading higher after the company announced it agreed to terminate the previously announced merger agreement with CorpAcq Holdings due to IPO market conditions.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:00 pm

Churchill Capital Corp VII and CorpAcq have terminated their merger agreement due to unfavorable IPO market conditions.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:47 am

Churchill Capital Corp VII (CVII) has extended its deadline for a business combination from February 17, 2024, to August 17, 2024. After stockholder redemptions related to this extension, over $605 million remains in Churchill VII's trust account.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:38 pm

UK-based CorpAcq Holdings Limited is set to go public through a business combination with Churchill Capital Corp VII (NYSE:CVII), a special purpose acquisition company. The transaction values CorpAcq at approximately $1.58 billion and is expected to provide CorpAcq with up to $592 million in cash held in Churchill VII's trust account. The combined company will operate as CorpAcq and intends to list on the New York Stock Exchange. CorpAcq also plans to initiate a dividend policy from closing, supported by free cash flow from current operations.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:59 pm

Trading of Churchill Capital Corp shares has been halted due to pending news. The nature of the news is not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 1:53 pm

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