Churchill Capital Corp V
CCV · NYSE · formerly One Judith Acquisition Corp
NO ACTION REQUIRED
Nothing left to do
The cash went back to shareholders and the company wound up. There is no deadline left to miss.
Cash at settlement
No cash-per-share figure was filed for this vehicle before it finished.
Last close
Daily close
No price history on file yet — daily closes accumulate from the market data feed.
Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.
SpacBrain’s read
Trust settled
The trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
In plain terms
- What it is
- A SPAC from Churchill Sponsor V LLC, listed on NYSE in December 2020.
- What it's doing now
- It never completed a purchase. The company wound up and the cash in the account went back to shareholders — the ordinary ending when a SPAC runs out of time. No agreed deal for it is on file with us, so we cannot say whether one was ever announced and later fell through.
- What you should know
- This SPAC has finished. The cash was paid back to shareholders and the company wound up, so there is nothing left to claim — the money went where the charter said it would.
At a glance
- Where it stands
- Liquidated
- Deal
- none — it wound up and returned the cash instead
- Industry
- no filing we hold states a sector this SPAC restricted its search to
- Deal value
- no deal to value — it wound up instead
- Price vs cash at settlement
- no live price on file
- Cash in trust when it settled
- not yet extracted into a snapshot — the filings below may state it
- the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
- IPO
- 16 December 2020
- size not on file · 100.0% of each $10 unit into trust
- Headquarters
- 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK, NY, 10019
- registered in Delaware
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- Klein Michael Stuart (Director) · Taragin Lee Jay (Chief Financial Officer) · Snyderman David J.
- Listed securities
- CCV common
This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.
Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.
Yield to redemption
Nothing left to redeem — no yield to compute.
This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.
What happened to the cash
The reasoning behind the verdict above, in the order the filings establish it.
- The trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
What has happened, and what is coming
1 dated milestoneEvery dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.
- 16 December 2020IPOpassed
IPO size not on file
The score
deterministic, from filed fieldsCCV is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.
The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.
The company
from SEC filingsRead the full profile
Churchill Capital Corp V was a Delaware-incorporated blank-check company headquartered at 640 Fifth Avenue, 12th Floor, New York, NY 10019, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was sponsored by Churchill Sponsor V LLC and led by Chief Executive Officer and Chairman Michael Klein, with Jay Taragin serving as Chief Financial Officer. The vehicle was initially incorporated under the name One Judith Acquisition Corp, a name that appeared on draft registration materials from June 12, 2020 through September 4, 2020 before being renamed Churchill Capital Corp V ahead of its public offering.
The company priced its initial public offering on December 16, 2020, with units trading on the New York Stock Exchange under the ticker CCV. The registration statement (File No. 333-248972) was declared effective by the SEC on December 15, 2020, and a companion S-1MEF filed the same day under Rule 462(b) registered an additional 5,750,000 units to cover the underwriters' over-allotment option. Each unit consisted of one share of Class A common stock, par value $0.0001, and one-fourth of one redeemable warrant, with each whole warrant exercisable for one share of Class A common stock at $11.50 per share. The trust account held $10.00 per unit. The base registration had previously registered securities with a proposed maximum aggregate offering price of $460,000,000, and the Rule 462(b) filing added approximately $57,500,000 in additional securities.
The company's amended and restated certificate of incorporation provided a 12-month deadline to consummate an initial business combination. On October 2, 2023, Churchill Capital Corp V filed an 8-K announcing that it would redeem all of its outstanding shares of Class A common stock effective as of the close of business on October 17, 2023, because the company would not consummate an initial business combination within the required time period. The common stock ticker CCV is confirmed by the 8-K filing dated October 2, 2023.
Material findings
from the full read of every filingEvery document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.
The trust was already below its $500,000,000 deposit thirteen days after funding, because the unrealised loss on the Treasuries exceeded the interest earned - so the redeemable carrying amount is struck below $10.00 a share, unlike every other filing in this slice. The balance sheet prints that amount with a decimal point for a thousands separator, '478.957,475'. The deadline is conditional as drafted: 18 December 2022, extended to 18 March 2023 only if a letter of intent, agreement in principle or definitive agreement is executed by the earlier date. Recorded as stated.
The outside date has a conditional extension built into the charter rather than left to a vote: 24 months from the closing of this offering, or 27 months if a letter of intent, agreement in principle or definitive agreement for an initial business combination has been executed within those 24 months. The redemption price is the trust balance net of 'permitted withdrawals' — interest withdrawn to fund working capital, capped at $1,000,000 a year, and to pay taxes — so the per-share floor is stated net of a leak the sponsor controls. Warrant coverage is a quarter-warrant per unit.
Filings
live EDGAR feedEverything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.
Show the other 10 filings
- What changed vs 2023-05-15trust $149.9M → $151.8M +1%
trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $149.9M$151.8M
- Combination deadline
- 2023-12-18 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $1.5M · unchanged
- Redeemable shares
- 14.8M · unchanged
SpacBrain reads this as $1,907,694 was added to the trust between the two filings.
The clause …“93,309 Total current assets 335,817 202,138 Cash and marketable securities held in Trust Account 151,842,854 505,010,923 TOTAL ASSETS $ 152,178,671 $ 505,213,061 LIABILITIES AND STOCKHOLDERS’ DEFICIT Current liabilities Accrued”…
The clause …“as determined by the board of directors. The Company intends to complete a Business Combination by December 18, 2023. 23 Table of Contents Off-Balance Sheet Financing Arrangements We have no obligations, assets or liabilities, which”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through one year from the date of these unaudited condensed financial statements”…
The clause …“of $1.00 per warrant at the option of the lender. As of June 30, 2023, the outstanding principal balance under the Convertible Promissory Note amounted to an aggregate of $1,500,000, with no amounts available for withdrawal. 22 Table”…
The clause …“issued or outstanding as of June 30, 2023 and December 31, 2022 (excluding 14,776,252 and 50,000,000 shares subject to possible redemption), respectively — — Class B common stock, $ 0.0001 par value; 100,000,000 shares authorized;”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-11-10trust $501.9M → $149.9M -70%deadline 2022-12-18 → 2023-12-18sponsor loan $1.0M → $1.5Mshares 50.0M → 14.8M -70%
trust account, combination deadline, sponsor loans outstanding +24 moved · 1 with no prior record of ours
- Trust account
- $501.9M$149.9M
- Combination deadline
- 2022-12-182023-12-18
- Sponsor loans outstanding
- $1.0M$1.5M
- Redeemable shares
- 50.0M14.8M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $351,997,515 left the trust between the two filings.
The clause “51 93,309 Total current assets 2,118,052 202,138 Cash and marketable securities held in Trust Account 149,935,160 505,010,923 TOTAL ASSETS $ 152,053,212 $ 505,213,061 LIABILITIES AND STOCKHOLDERS’ DEFICIT Current liabilities Accrued”…
SpacBrain reads this as 365 days later than the previous record.
The clause …“conjunction with any such amendment. If the Company is unable to complete a Business Combination by December 18, 2023 (or such earlier date as determined by the board of directors) (the “Combination Window”), the Company will (i)”…
SpacBrain reads this as the sponsor has advanced $500,000 more.
The clause …“of $1.00 per warrant at the option of the lender. As of March 31, 2023, the outstanding principal balance under the Convertible Promissory Note amounted to an aggregate of $1,500,000, with no amounts available for withdrawal. On”…
SpacBrain reads this as 35,223,748 shares are no longer redeemable.
The clause …“issued or outstanding as of March 31, 2023 and December 31, 2022 (excluding 14,776,252 and 50,000,000 shares subject to possible redemption), respectively — — Class B common stock, $ 0.0001 par value; 100,000,000 shares authorized;”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern through one year from the date of these unaudited condensed financial statements”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-03-31trust $500.0M → $505.0M +1%deadline 2022-12-18 → 2023-12-18going concern APPEAREDsponsor loan $1.0M → $1.5M
trust account, combination deadline, going-concern doubt +24 moved · 1 with no prior record of ours
- Trust account
- $500.0M$505.0M
- Combination deadline
- 2022-12-182023-12-18
- Going-concern doubt
- not statedstated
- Sponsor loans outstanding
- $1.0M$1.5M
- Redeemable shares
- not previously extracted50.0M
SpacBrain reads this as $4,980,183 was added to the trust between the two filings.
The clause …“fees and $532,949 of other costs. As of December 31, 2022, we had cash held in the trust account of $505,010,923. Interest income on the balance in the trust account may be used by us to pay taxes. Through December 31, 2022,”…
SpacBrain reads this as 365 days later than the previous record.
The clause …“conjunction with any such amendment. If the Company is unable to complete a Business Combination by December 18, 2023 (or such earlier date as determined by the board of directors) (the “Combination Window”), the Company will (i)”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“that the potential mandatory liquidation and subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
SpacBrain reads this as the sponsor has advanced $500,000 more.
The clause …“promissory note entered into on August 30, 2021. As of this filing, the outstanding principal balance under the Convertible Promissory Note amounted to an aggregate of $ 1,500,000 . There are no further amounts available for”…
The clause …“value; 400,000,000 shares authorized; none issued or outstanding (excluding 50,000,000 shares subject to possible redemption) — — Class B common stock, $ 0.0001 par value; 100,000,000 shares authorized; 12,500,000 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
The sponsor
The people who set this company up, what they have done before, and the advisers around the deal.
Churchill Sponsor V LLCnamed as sponsor in this SPAC’s filings — but with no researched track record behind it yet.
A missing score, not a score of zero — why
A Sponsor Score is only published once the sponsor’s prior vehicles have been verified on EDGAR and their post-close outcomes priced. That record does not exist for this sponsor yet, so no number and no tier is shown. That is a missing score, not a score of zero — and not a neutral 50 either.
Coverage so far: 301 of 1282 tracked SPACs (23%) are attached to a scored sponsor. This card fills in by itself as the research lands.
The record
The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.
Show the reference detail
Unit structure
Unit: U = S + W/4 · 100.0% of the $10 unit
from 424B4 0001104659-20-136399
Trading & liquidity
Company profile
Directors & officers
- Klein Michael StuartDirector
- Taragin Lee JayChief Financial Officer
- Snyderman David J.10% owner
- Schrager AlanDirector
- Bynum William J.Director
- MILLS KAREN GDirector
Institutional holders
from SC 13G/13DFunds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.
Show the declared stakes
10 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.
- Churchill Sponsor V LLCwith 2 other reporting persons on the same schedule20.0% · SC 13GFeb 14, 2022 stale
- METEORA CAPITAL, LLCwith 1 other reporting person on the same schedule12.1% · SC 13GApr 11, 2023 stale
- Empyrean Capital Partners, LPwith 2 other reporting persons on the same schedule7.7% · SC 13G/AFeb 14, 2023 stale
- D. E. SHAW & CO, L.P.with 1 other reporting person on the same schedule7.4% · SC 13G/AFeb 14, 2023 stale
- Magnetar Financial LLCwith 3 other reporting persons on the same schedule5.0% · SC 13G/AOct 31, 2023 stale
- PEAK6 Capital Management LLCwith 5 other reporting persons on the same schedule5.0% · SC 13GFeb 12, 2021 stale
- ADAGE CAPITAL PARTNERS GP, L.L.C.with 2 other reporting persons on the same schedule4.4% · SC 13G/AFeb 10, 2022 stale
- Schonfeld Strategic Advisors LLC3.3% · SC 13G/AFeb 14, 2022 stale
- INTEGRATED CORE STRATEGIES (US) LLCwith 5 other reporting persons on the same schedule3.3% · SC 13G/AFeb 3, 2022 stale
- COWEN AND COMPANY, LLCwith 1 other reporting person on the same schedulenot stated · SC 13G/AFeb 1, 2024 stale
One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.
Sources on file
harvested pages, kept in fullEvery public page we have read about this company, stored in full so a source can never go missing.
Show the sources
39 full SEC filing texts archived — searchable, never lost.
- Vault note — CCV (Churchill Capital Corp V)
vault-note · /vault/tickers/CCV
In plain English
tap a term to open itEvery piece of jargon this page could have used, and what it actually means.
Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected
A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Broker action datethe day your broker needs the instruction — earlier than the official date
Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Trust discountbuying below the cash held for you
Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.
Dilutionhow much of the company new shares take from you
Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.
Pro-forma equitywhat the company is valued at once the deal closes
The combined company's equity value assuming the announced terms and the redemptions that have actually happened.
ARShow much upside you get per unit of downside
SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.
De-SPACthe day the SPAC becomes the real company
The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.
Outside datethe contractual long-stop for closing the deal
A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.
Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since
A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.
Ask the brain
from its filingsData provenance & audit trail4 internal entries
Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.
admitted from the HISTORICAL census (EDGAR's SIC 6770 registrant list, walked in full: 3,325 registrants, 1,167 of which ever priced an IPO). The live discovery job cannot reach this registrant — it reads the filing tape, and this one stopped filing. Admission rule: src/lib/universe-admit.ts. SIC 6770 (Blank Checks); 424B 0001104659-20-136399 priced 2020-12-16; common ticker CCV off 8-K 0000950142-23-002525 (2023-10-02); lifecycle EXITED. Ending PROVEN, not inferred: LIQUIDATED per 8-K 0000950142-23-002525 (2023-10-02) — announced redemption of all public shares: “…will redeem all of its outstanding shares of Class A common stock, par value $0.0001 (the "Class A Common Stock"), effective as of the close of business on October 17, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of…”. EDGAR now files this CIK as "Churchill Capital Corp V" — the SPAC's own name is kept here and the successor is the target. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.
"One Judith Acquisition Corp" -> "Churchill Capital Corp V", verified against EDGAR by CIK. EDGAR's formerNames records "One Judith Acquisition Corp" as held 2020-06-12 to 2020-09-04 — a real three-month window on the draft registration — and the IPO followed on 2020-12-16, three months AFTER the rename closed. The vehicle therefore traded its entire life as Churchill Capital Corp V and filed under it until 2024-02-01. Nothing is deleted: the former name stays in formerNames with its window.
sponsor "Churchill Sponsor V LLC" sourced from prospectus definition (10-K/A) acc 0001104659-21-071341.
the stored paragraph opened with a different company as the blank-check vehicle (a rename left the prose behind); overview.gen rewrites it from the corrected name. POSTMORTEMS §98