See the Full Picture.
Published loading...Updated

Thayer Ventures Acquisition Corporation II Announces Pricing of $175 Million Initial Public Offering

  • On May 13, 2025, Churchill Capital Corp X announced in New York that it finalized the terms for its expanded initial public offering of 36 million units, which began trading today on Nasdaq under the ticker symbol CCCXU.
  • The Company was established to pursue a business combination across various sectors and is led by Michael Klein, who also heads M. Klein and Company, LLC as its founder and principal partner.
  • Each unit includes one Class A ordinary share and one-quarter of a redeemable warrant exercisable at $11.50 per share, with Class A shares expected to trade separately as CCCX.
  • BTIG, LLC is serving as the sole book-running manager and has been granted the right to buy as many as 5.4 million additional units at the offering price within 45 days to cover any overallotments.
  • The offering, subject to customary closing conditions and SEC registration, is expected to close on May 15, 2025, although no assurance guarantees completion or proceeds use as planned.
Insights by Ground AI
Does this summary seem wrong?

89 Articles

All
Left
8
Center
28
Right
6
Montana StandardMontana Standard
+32 Reposted by 32 other sources
Center

Thayer Ventures Acquisition Corporation II Announces Pricing of $175 Million Initial Public Offering

VALENCIA, Calif., May 14, 2025 /PRNewswire/ -- Thayer Ventures Acquisition Corporation II (the "Company"), a special purpose acquisition company, today announced the pricing of its initial public offering of 17,500,000 units at a price of $10.00 per unit. The units…

The Berkshire EagleThe Berkshire Eagle
+54 Reposted by 54 other sources
Center

Churchill Capital Corp X Announces the Pricing of Upsized $360 Million Initial Public Offering

NEW YORK, May 13, 2025 /PRNewswire/ -- Churchill Capital Corp X (the "Company") announced the pricing of its upsized initial public offering of 36,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market ("Nasdaq")…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Charleston Gazette-Mail broke the news in Charleston, United States on Tuesday, May 13, 2025.
Sources are mostly out of (0)

Similar News Topics