CCIX

Churchill Capital Corp IX is a special purpose acquisition company (SPAC) sponsored by Churchill Capital, a firm led by prominent investor Michael Klein and affiliated entities. The SPAC was formed to identify, acquire, and partner with a high-quality target business through a business combination transaction. Churchill Capital has established a track record in the SPAC market, having sponsored multiple successful transactions across various sectors including technology, financial services, and other growth industries. The company raised capital through an initial public offering, with proceeds held in trust while the management team conducts due diligence and negotiations with potential merger candidates. Churchill Capital typically targets companies with strong growth prospects, differentiated market positions, and experienced management teams. The SPAC structure provides private companies with an alternative route to public markets while offering SPAC investors the opportunity to participate in the selected business's future growth.