Churchill Capital Corp IV is a blank checks investment special purpose acquisition company (SPAC) that provides merger, capital stock exchange, asset acquisition, stock purchase, and reorganization services. The company was founded in 2020 by Michael Klein and is headquartered in New York City, New York. Churchill Capital Corp IV is listed on the New York Stock Exchange under the ticker symbol CCIV.
Churchill Capital Corp IV was launched as a special purpose acquisition company in 2020 by M. Klein and Company, a precursor strategic advisory firm. The corporation is the fourth in a series of SPACs by M. Klein and Company, following Churchill Capital Corp I (CCC), II (CCX), and III (CCXX.U).
The corporation opened at $10.25 a share on September 18, 2020.CCIV sponsors Lucid Motors, a luxury motor company founded by a former Tesla executive Bernard Tse in 2007. The report raised CCIV's stock up 35% to a market capitalization of $15 billion USD.