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Churchill Capital Corp XI Announces the Pricing of Upsized $360 Million Initial Public Offering
The special-purpose acquisition company raised $360 million through 36 million units, each including one Class A share and one-tenth of a redeemable warrant.
- On Dec. 16, 2025, Churchill Capital Corp XI priced 36,000,000 units at $10.00 each and began trading on Nasdaq under the symbol CCXIU.
- Founded by Michael Klein, the Company was formed as a special purpose acquisition company to pursue mergers or similar business combinations using IPO proceeds.
- Each unit contains one Class A ordinary share and one‑tenth of one redeemable warrant, with each whole warrant exercisable at $11.50 per share.
- Citigroup is acting as sole book‑running manager, and the offering is expected to close on Dec. 18, 2025, subject to customary closing conditions.
- Company statements note that forward‑looking statements are subject to risks, and the underwriters have a 45‑day option to purchase 5,400,000 additional units, with no guarantee of completion.
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Churchill Capital Corp XI Announces the Pricing of Upsized $360 Million Initial Public Offering
NEW YORK, Dec. 16, 2025 /PRNewswire/ -- Churchill Capital Corp XI (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")…
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Leaning Left7Leaning Right4Center23Last UpdatedBias Distribution68% Center
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- 68% of the sources are Center
68% Center
L 20%
C 68%
12%
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