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Recent Updates — XIIIU

August 7, 2026View Source ↗

Churchill Capital Corp XIII consummated its initial public offering on August 3, 2026, selling 41,400,000 units at $10.00 per unit, including the full exercise of the underwriter's over-allotment option for 5,400,000 units. The IPO generated gross proceeds of $414,000,000. Simultaneously, the company completed a private placement of 350,000 units to its sponsor, Churchill Sponsor XIII LLC, at $10.00 per unit, generating an additional $3,500,000 in gross proceeds. A total of $414,000,000 was deposited into a U.S.-based trust account held by Continental Stock Transfer & Trust Company. The company is a blank check company incorporated to effect a merger or business combination with an unidentified target.