NEW
YORK, May 2, 2024 /PRNewswire/ -- Churchill
Capital Corp IX (the "Company") announced the pricing of its
initial public offering of 25,000,000 units at $10.00 per unit. The units will be listed on the
Nasdaq Global Market ("Nasdaq") under the symbol "CCIXU" commencing
today. Each unit consists of one Class A ordinary share of the
Company and one-quarter of one warrant, each whole warrant
entitling the holder thereof to purchase one Class A ordinary share
of the Company at an exercise price of $11.50 per share. Once the securities
constituting the units begin separate trading, the Company expects
that the Class A ordinary shares and warrants will be listed
on Nasdaq under the symbols "CCIX" and "CCIXW,"
respectively.
Churchill Capital Corp IX was founded by Michael Klein, who
is also the founder and managing partner of M. Klein and Company,
LLC. The Company was formed for the purpose of effecting a merger,
amalgamation, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses. It may pursue an initial business combination target in
any business or industry.
Citigroup Global Markets Inc. ("Citigroup") is acting as sole
bookrunner and representative of the underwriters. The Company has
granted the underwriters a 45-day option to purchase up to
3,750,000 additional units at the initial public offering
price to cover over-allotments, if any.
This offering will only be made by means of a prospectus. Copies
of the preliminary prospectus relating to the offering and final
prospectus, when available, may be obtained from Citigroup, c/o
Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717 or by telephone at (800)
831-9146.
A registration statement relating to these securities has been
declared effective by the U.S. Securities and Exchange Commission
(the "SEC"). This press release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any State or jurisdiction in which such
an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
State or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements," including with respect to the
proposed initial public offering and the anticipated use of the net
proceeds. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company's registration
statement and preliminary prospectus for the Company's offering
filed with the SEC. Copies are available on the SEC's
website, www.sec.gov. The Company undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Company Contact:
Churchill Capital Corp IX
info@churchillcapitalcorp.com
Steve Lipin / Michael Landau
Gladstone Place Partners
212-230-5930
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SOURCE Churchill Capital Corp IX