# Churchill Capital Corp XIII — merger/spac_merger [announced]
Source: SEC API (secapi.ai) · situation sit_81ee8065c7ab9778ac1f · retrieved 2026-08-11T16:12:42.284Z

## Overview
Churchill Capital Corp XIII is a blank-check company incorporated in the Cayman Islands that was formed to effect an initial business combination with one or more businesses.

Churchill Capital Corp XIII consummated its initial public offering on August 3, 2026, selling 41,400,000 units (including 5,400,000 units from the full exercise of the underwriter's over-allotment option) at $10.00 per unit, generating gross proceeds of $414,000,000. Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant exercisable for one Class A ordinary share at $11.50 per share. Simultaneously, the Company completed a private placement of 350,000 units to its sponsor, Churchill Sponsor XIII LLC, at $10.00 per unit, generating $3,500,000 in proceeds. The underwriter was Citigroup Global Markets Inc.

## Terms
- Counterparty: Citigroup Global Markets Inc. · Deal value: $414.0M · Consideration: cash · Price/share: $10

## Key dates
- Announced 2026-08-03

## Timeline
- 2026-08-03 · 8-K (0001213900-26-084616): 8-K - Churchill Capital Corp XIII — *Churchill Capital Corp XIII is a blank-check company incorporated in the Cayman Islands that was formed to effect an initial business combination with one or more businesses.* Churchill Capital Corp XIII consummated its initial public offering on August 3, 2026, selling 41,400,000 units (including 5,400,000 units from the full exercise of the underwriter's over-allotment option) at $10.00 per unit, generating gross proceeds of $414,000,000. Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant exercisable for one Class A ordinary share at $11.50 per share. Simultaneously, the Company completed a private placement of 350,000 units to its sponsor, Churchill Sponsor XIII LLC, at $10.00 per unit, generating $3,500,000 in proceeds. The underwriter was Citigroup Global Markets Inc.
  https://www.sec.gov/Archives/edgar/data/2114229/0001213900-26-084616.txt

## Citations
- 0001213900-26-084616 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026084616