# Churchill Capital Corp XIII — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_9b907929ff5b52c5c3a9 · retrieved 2026-08-12T07:22:34.860Z

## Overview
Churchill Capital Corp XIII is a blank-check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more unidentified businesses.

Churchill Capital Corp XIII, a blank-check company incorporated in the Cayman Islands, consummated its initial public offering on August 3, 2026, selling 41,400,000 units (including 5,400,000 units from full exercise of the underwriter's over-allotment option) at $10.00 per unit for gross proceeds of $414,000,000. Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant exercisable at $11.50 per share. Simultaneously, the Company's sponsor, Churchill Sponsor XIII LLC, purchased 350,000 private placement units at $10.00 per unit for gross proceeds of $3,500,000. A total of $414,000,000 was placed in a trust account, comprising $412,500,000 of net IPO proceeds (including up to $15,490,000 of deferred underwriter discount) and $1,500,000 of private placement proceeds.

## Terms
- Counterparty: Churchill Sponsor XIII LLC (sponsor); underwriters · Deal value: $417.5M · Consideration: cash · Price/share: $10

## Key dates
- Announced 2026-08-07

## Timeline
- 2026-08-07 · 8-K (0001213900-26-086728): 8-K - Churchill Capital Corp XIII — *Churchill Capital Corp XIII is a blank-check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more unidentified businesses.* Churchill Capital Corp XIII, a blank-check company incorporated in the Cayman Islands, consummated its initial public offering on August 3, 2026, selling 41,400,000 units (including 5,400,000 units from full exercise of the underwriter's over-allotment option) at $10.00 per unit for gross proceeds of $414,000,000. Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant exercisable at $11.50 per share. Simultaneously, the Company's sponsor, Churchill Sponsor XIII LLC, purchased 350,000 private placement units at $10.00 per unit for gross proceeds of $3,500,000. A total of $414,000,000 was placed in a trust account, comprising $412,500,000 of net IPO proceeds (including up to $15,490,000 of deferred underwriter discount) and $1,500,000 of private placement proceeds.
  https://www.sec.gov/Archives/edgar/data/2114229/0001213900-26-086728.txt

## Citations
- 0001213900-26-086728 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026086728