Churchill Capital Corp VII (CVII)

Churchill Announces Redemption of Public Shares NEW YORK and ALTRINCHAM, England , Aug. 18, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill") (Nasdaq: CVII), a publicly-traded special purpose acquisition company, and CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, today announced that they have mutually agreed to terminate their previously announced merger agreement (the "Merger Agreement") due to IPO market conditions, effective today. "While market conditions are not favorable today for the public listing of CorpAcq through our proposed merger, we continue to believe in the strong fundamentals and growth prospects of the Company," said Michael S.

Stockholders may elect to redeem shares of Class A Common Stock until 5:00 pm Eastern Time, August 9, 2024 NEW YORK , Aug. 5, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") (Nasdaq: CVII), a special purpose acquisition company, announced today that the deadline for Churchill VII stockholders to elect redemption of their shares of class A common stock of Churchill VII ("Class A Common Stock") in connection with the proposed business combination between CorpAcq Holdings Limited ("CorpAcq"), and Churchill VII (the "Business Combination") is extended until 5:00 P.M., Eastern Time on August 9, 2024.

Expected Financing Would De-Risk Closing of Business Combination and is Anticipated to Support CorpAcq's Future Growth NEW YORK and ALTRINCHAM, England , Aug. 2, 2024 /PRNewswire/ -- CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, and Churchill Capital Corp VII ("Churchill VII") (NASDAQ: CVII), a special purpose acquisition company, today provided an update on planned equity or equity-linked financing in support of the previously announced business combination (the "Business Combination") between CorpAcq, CorpAcq Group Plc, a public limited company incorporated under the laws of England and Wales and an affiliate of CorpAcq ("CorpAcq Group Plc"), and Churchill VII. Any commitments with respect to such financing would be announced in advance of closing.

In the news release, CorpAcq Schedules Business Update Call, issued 29-Jul-2024 by Churchill Capital Corp VII over PR Newswire, we are advised by the company that the release has been updated. The complete, corrected release follows: CorpAcq Schedules Business Update Call Call scheduled for 11am ET on Monday, July 29, 2024 ALTRINCHAM, England and NEW YORK , July 29, 2024 /PRNewswire/ -- CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, and Churchill Capital Corp VII ("Churchill VII") (Nasdaq: CVII) today announced that CorpAcq will host a webcast and conference call to provide a business update at 11 AM ET on Monday, July 29, 2024.

Redemption deadline for stockholders moved to August 8, 2024 NEW YORK , July 18, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") (Nasdaq: CVII), a special purpose acquisition company, announced today that it intends to adjourn each of the special meeting of Churchill VII stockholders (the "Stockholder Special Meeting") and the meeting of Churchill VII warrant holders (the "Warrant Holder Meeting"), which are currently scheduled for July 25, 2024, to be held in connection with the proposed business combination between CorpAcq Holdings Limited ("CorpAcq"), and Churchill VII (the "Business Combination"). The Stockholder Special Meeting will reconvene on August 12, 2024 at 10:00 A.M.

Board of Directors Recommends Stockholders and Public Warrant Holders Vote "FOR" All Proposals NEW YORK and ALTRINCHAM, England , June 20, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") (Nasdaq: CVII), a special purpose acquisition company, announced today that it has scheduled a special meeting of Churchill VII stockholders (the "Stockholder Special Meeting") to be held in connection with the proposed business combination (the "Business Combination") between CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, and Churchill VII and a meeting of Churchill VII public warrant holders (the "Warrant Holder Meeting"), each for July 25, 2024. Churchill VII stockholders and public warrant holders of record as of the close of business on June 18, 2024 (the "Record Date") will receive the definitive proxy statement/prospectus, once available (the "Proxy Statement") relating to the offer of the securities to be issued by CorpAcq Group Plc to Churchill VII's stockholders and public warrant holders in connection with the completion of the Business Combination by mail and are entitled to vote at the Stockholder Special Meeting and/or Warrant Holder Meeting, respectively.

Churchill Capital Corp VII (NYSE:CVII – Get Free Report) and Blue Owl Capital Co. III (NYSE:OBDE – Get Free Report) are both small-cap unclassified companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, institutional ownership, dividends, risk, analyst recommendations, earnings and valuation. Analyst Recommendations This is a summary of current ratings and price targets for Churchill Capital Corp VII and Blue Owl Capital Co. III, as provided by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Churchill Capital Corp VII 0 0 0 0 N/A Blue Owl Capital Co. III 0 0 1 0 3.00 Blue Owl Capital Co. III has a consensus price target of $16.00, indicating a potential upside of 0.88%. Given Blue Owl Capital Co. III’s higher possible upside, analysts clearly believe Blue Owl Capital Co. III is more favorable than Churchill Capital Corp VII. Profitability This table compares Churchill Capital Corp VII and Blue Owl Capital Co. III’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Churchill Capital Corp VII N/A -6.57% 0.66% Blue Owl Capital Co. III 63.33% 13.62% 6.78% Institutional & Insider Ownership 61.2% of Churchill Capital Corp VII shares are held by institutional investors. 37.3% of Churchill Capital Corp VII shares are held by company insiders. Comparatively, 90.8% of Blue Owl Capital Co. III shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term. Valuation and Earnings This table compares Churchill Capital Corp VII and Blue Owl Capital Co. III’s top-line revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Churchill Capital Corp VII N/A N/A $16.39 million N/A N/A Blue Owl Capital Co. III $422.83 million 4.63 $271.96 million $2.27 6.99 Blue Owl Capital Co. III has higher revenue and earnings than Churchill Capital Corp VII. Summary Blue Owl Capital Co. III beats Churchill Capital Corp VII on 8 of the 9 factors compared between the two stocks. About Churchill Capital Corp VII (Get Free Report) Churchill Capital Corp VII, a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York. About Blue Owl Capital Co. III (Get Free Report) Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.

Board of Directors Recommends Stockholders and Warrant Holders Vote "FOR" All Proposals NEW YORK and ALTRINCHAM, England , March 22, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") (Nasdaq: CVII), a special purpose acquisition company, announced today that it has scheduled a special meeting of Churchill VII stockholders and a meeting of Churchill VII warrant holders for May 21, 2024 in connection with the proposed business combination between CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, and Churchill VII (the "Business Combination"). The Business Combination continues to progress and is expected to be completed in the first half of 2024.

In Excess of $605 Million Remains in Churchill VII's Trust Account after Stockholder Redemptions relating to the Extension NEW YORK , Feb. 12, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") (NASDAQ: CVII) announced today that in a special meeting of its stockholders ("Special Meeting"), Churchill VII's stockholders voted to approve a proposal to amend Churchill VII's certificate of incorporation and extend the date by which Churchill VII is required to consummate its initial business combination (the "Business Combination") with CorpAcq Holdings Limited ("CorpAcq") from February 17, 2024 to August 17, 2024 (or such earlier date as determined by the board of directors of Churchill VII). All other proposals were also approved with overwhelming support from Churchill VII's stockholders.

Special meeting of stockholders of Churchill VII scheduled for February 8, 2024 to extend date by which Churchill VII must consummate its business combination with CorpAcq Holdings Limited NEW YORK , Jan. 30, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") announced today actions being undertaken in advance of a special meeting of its stockholders (the "Special Meeting") on February 8, 2024, at which Churchill VII's stockholders will be asked to vote on, among other things, a proposal to amend Churchill VII's amended and restated certificate of incorporation to extend the date by which Churchill VII has to consummate its business combination with CorpAcq Holdings Limited ("CorpAcq") from February 17, 2024 to August 17, 2024 or such earlier date as determined by the Churchill VII board of directors (the "Board") (the "Extension Amendment Proposal"). Churchill VII Sponsor Seeking Extension to Pursue a Business Combination with CorpAcq Holdings Limited As previously disclosed, on August 1, 2023, Churchill VII entered into a definitive agreement for a business combination (and together with the transactions contemplated thereby, the "Transactions") with CorpAcq, a corporate compounder with a proven track record of acquiring and supporting founder-led businesses.

NEW YORK , Jan. 23, 2024 /PRNewswire/ -- Churchill Capital Corp VII ("Churchill VII") (NYSE: CVII), a special purpose acquisition company, announced today that it plans to transfer the listing of its shares of Class A common stock, public warrants and public units from the New York Stock Exchange ("NYSE") to Nasdaq Global Market ("Nasdaq"). Churchill VII expects that listing and trading of its securities on the NYSE will end at market close on February 2, 2024, and expects to commence trading as a Nasdaq-listed company upon market open on February 5, 2024.

ALTRINCHAM, England and NEW YORK , Jan. 22, 2024 /PRNewswire/ -- CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, today provided the following business update including: Reaffirming guidance for the full year ending December 31, 2023; Confirming on track timing of its Business Combination with Churchill Capital Corp VII ("Churchill VII") (NYSE: CVII); A successful refinancing of its group debt; and Upcoming Analyst Day.  Management Reaffirms Financial Outlook for Full-Year 2023  Since the release of its financials for the first six months of 2023 on November 17, 2023, CorpAcq has continued to maintain its strong and profitable growth trajectory.

ALTRINCHAM, England and NEW YORK , Nov. 17, 2023 /PRNewswire/ -- CorpAcq Holdings Limited ("CorpAcq"), a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, Churchill Capital Corp VII ("Churchill VII") (NYSE: CVII), a special purpose acquisition company, and CorpAcq Group Plc, a public limited company incorporated under the laws of England and Wales ("CorpAcq Group"), announced today the filing of a registration statement of CorpAcq Group on Form F-4 (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") on November 17, 2023. The Registration Statement contains a proxy statement/prospectus in connection with the definitive agreement entered into between Churchill VII, CorpAcq and CorpAcq Group with respect to the proposed business combination (the "Merger Agreement", and the transactions contemplated thereby, the "Transactions").