Churchill Capital Corp IX/Cayman (CCIXU) Stock Price, News & Analysis

Company Overview

Churchill Capital Corp IX/Cayman is a special purpose acquisition company (SPAC) organized as an exempted company under the laws of the Cayman Islands. Established to raise capital through an initial public offering of units, the company’s sole business objective is to effect a merger, capital stock exchange, asset acquisition or other similar business combination with one or more businesses. Until a business combination is completed, Churchill Capital Corp IX/Cayman’s operations are limited to the identification and evaluation of prospective target companies and the management of its trust account.

The company’s units are listed on the Nasdaq Stock Market under the ticker symbol CCIXU. Each unit consists of one share of common stock and one-half of one warrant, with each whole warrant entitling its holder to purchase one share of common stock upon the completion of a qualifying transaction. Proceeds from the IPO are held in a trust account, earning interest, until the company’s board of directors, together with its management team, identifies a suitable business combination candidate and secures shareholder approval.

Churchill Capital Corp IX/Cayman is sponsored and led by an experienced team of investment bankers and corporate finance professionals, with Michael E. Klein serving as chairman and CEO. Klein is known for his work in financial institutions and capital markets, having held senior roles at global investment banks. The SPAC is positioned to pursue targets across a broad range of industries, including technology, financial services, healthcare and consumer sectors, with a focus on businesses that can benefit from public market access, strategic guidance and capital support.

Key Stats

• Today's Range: $10.72 to $10.72
• 50-Day Range: $10.69 to $12.50
• 52-Week Range: $10.06 to $12.50
• Volume: 500 shs
• Average Volume: 3,045 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

CCIXU Stock Analysis - Frequently Asked Questions

How have CCIXU shares performed this year?

Churchill Capital Corp IX/Cayman's stock was trading at $10.65 at the start of the year. Since then, CCIXU stock has increased by 0.7% and is now trading at $10.72.

When did Churchill Capital Corp IX/Cayman IPO?

Churchill Capital Corp IX/Cayman (CCIXU) raised $250 million in an initial public offering (IPO) on Thursday, May 2nd 2024. The company issued 25,000,000 shares at $10.00 per share.

Who are Churchill Capital Corp IX/Cayman's major shareholders?

Top institutional investors of Churchill Capital Corp IX/Cayman include Clear Street LLC.

How do I buy shares of Churchill Capital Corp IX/Cayman?

Shares of CCIXU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:CCIXU
• CIK: 2006291
• Web: N/A
• Phone: (212) 380-7500
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A