Churchill Capital Corp X (NASDAQ: CCCXU) is a special purpose acquisition company organized as a Cayman Islands exempted company. The firm operates as a blank‐check vehicle with the primary objective of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The company completed its initial public offering in late 2021, raising over $1 billion in trust for future acquisition opportunities. Churchill Capital Corp X’s management team is focused on identifying targets in technology, digital transformation, sustainability, business services and adjacent sectors, seeking companies with scalable business models and strong growth profiles.
Sponsored by CCX Sponsor LLC, an affiliate of Churchill Capital, the SPAC draws on the experience of its leadership team—led by Michael Klein, founder of Churchill Capital—and seasoned investment professionals. The team brings expertise in capital markets, strategic advisory and underwriting to support the identification, due diligence and execution of its business combination strategy.
Churchill Capital Corp X primarily targets companies based in North America but remains open to high-quality businesses globally that meet its investment criteria. Funds raised in the IPO are held in U.S. Treasury securities, and the company intends to complete a qualifying business combination within the 24-month period following its offering.
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