CVII SEC filings, in plain English
Everything Churchill Capital Corp VII has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2024-05-03trust $611.8M → $618.4M +1%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $611.8M$618.4M
- Combination deadline
- 2024-08-17 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $1.0M · unchanged
SpacBrain reads this as $6,578,582 was added to the trust between the two filings.
The clause …“assets 92,031 5,010,865 Cash and marketable securities held in Trust Account 618,365,971 611,993,102 TOTAL ASSETS $ 618,458,002 $ 617,003,967 LIABILITIES AND STOCKHOLDERS’ DEFICIT ”…
The clause …“as determined by the board of directors. The Company intends to complete a Business Combination by August 17, 2024. 8 Table of Contents CHURCHILL CAPITAL CORP VII NOTES TO CONDENSED FINANCIAL STATEMENTS JUNE 30, 2024 (UNAUDITED)”…
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 “$ 1,000,000 and $ 250,000 , respectively. As of June 30, 2024, the Company has borrowed $ 1,000,000 and $ 94,000 against the Working Capital Promissory Notes, with $ 0 and $ 156,000 available for withdrawal, respectively. We intend to”…
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.
minimum cash condition1 moved
- Minimum cash condition
- $129.0M$350.0M
SpacBrain reads this as the min-cash condition now binds at $350,000,000, up $221,000,000.
The clause …“minus (ii) the Transaction Expenses (as defined in the Merger Agreement) is no less than $350,000,000 (the “ Minimum Cash Condition ”). Pursuant to the Merger Agreement and the Sponsor Agreement, the number of Founder Shares to be”…
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.
minimum cash conditionnothing moved · 1 with no prior record of ours
- Minimum cash condition
- not previously extracted$350.0M
SpacBrain reads this as the min-cash condition binds at $350,000,000.
The clause …“minus (ii) the Transaction Expenses (as defined in the Merger Agreement) is no less than $350,000,000 (the “ Minimum Cash Condition ”). Pursuant to the Merger Agreement and the Sponsor Agreement, the number of Founder Shares to be”…
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.
minimum cash conditionnothing moved · 1 with no prior record of ours
- Minimum cash condition
- $350.0M · unchanged
The clause …“minus (ii) the Transaction Expenses (as defined in the Merger Agreement) is no less than $350,000,000 (the “ Minimum Cash Condition ”). Pursuant to the Merger Agreement and the Sponsor Agreement, the number of Founder Shares to be”…
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: Churchill Capital Corp VII issued a combined proxy statement and prospectus for a special meeting of stockholders and a separate meeting of public warrant holders, both on July 25, 2024, covering its business combination with CorpAcq under the August 1, 2023 merger agreement as amended December 26, 2023. Polaris Pubco Plc, now CorpAcq Group Plc, will acquire 100% of CorpAcq's equity, Churchill becomes a subsidiary of PubCo, and CorpAcq redeems its outstanding £1.00 preferred shares in full. Why it matters: The prospectus covers 57,064,261 post-combination ordinary A1 shares and 27,600,000 further post-combination securities, and the sellers take cash as well as stock — the Closing Seller Cash Consideration is expected to be no greater than $256,000,000, money that leaves the combined company at closing rather than funding it. Convening a separate warrant holder meeting alongside the stockholder vote is unusual and means the warrant terms are themselves being amended as part of the deal.
- What changed vs 2023-11-09trust $605.9M → $611.8M +1%deadline 2024-02-17 → 2024-08-17
trust account, combination deadline, going-concern doubt +12 moved · 2 with no prior record of ours
- Trust account
- $605.9M$611.8M
- Combination deadline
- 2024-02-172024-08-17
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $1.0M · unchanged
SpacBrain reads this as $5,908,776 was added to the trust between the two filings.
The clause …“assets 890,461 5,010,865 Cash and marketable securities held in Trust Account 611,787,389 611,993,102 TOTAL ASSETS $ 612,677,850 $ 617,003,967 LIABILITIES AND STOCKHOLDERS’ DEFICIT ”…
SpacBrain reads this as 182 days later than the previous record.
The clause …“as determined by the board of directors. The Company intends to complete a Business Combination by August 17, 2024. Risks and Uncertainties We continue to evaluate the impact of increases in inflation and rising interest rates,”…
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 “$ 3,036,682 in income taxes and franchise taxes. On April 17, 2024, the Company borrowed $ 1,000,000 in connection with the Extension Promissory Note entered into on May 16, 2023, amended on February 9, 2024 and deposited $ 1,000,000 into”…
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 2023-03-17trust $1.40B → $612.0M -56%deadline 2023-05-17 → 2024-08-17sponsor loan $375K → $1.0M
trust account, combination deadline, sponsor loans outstanding +13 moved · 1 with no prior record of ours
- Trust account
- $1.40B$612.0M
- Combination deadline
- 2023-05-172024-08-17
- Sponsor loans outstanding
- $375K$1.0M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $786,994,376 left the trust between the two filings.
The clause …“fees and $725,223 of other costs. As of December 31, 2023, we had cash held in the trust account of $611,993,102. Interest income on the balance in the trust account may be used by us to pay taxes and to pay working capital”…
SpacBrain reads this as 458 days later than the previous record.
The clause …“as determined by the board of directors. The Company intends to complete a Business Combination by August 17, 2024. F-10 Table of Contents Risks and Uncertainties We continue to evaluate the impact of increases in inflation and”…
SpacBrain reads this as the sponsor has advanced $625,000 more.
The clause …“or disclosure in the financial statements. On January 17, 2024, the Company borrowed $ 1,000,000 in connection with the Extension Promissory Note entered into on May 16, 2023 and deposited $ 1,000,000 into the Trust Account in”…
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 financial statements if a business”…
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.
In plain English
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.
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.
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.