Churchill Capital Stock Discussion

$Churchill Capital(CVII.US)$ Churchill Capital Corp VII (CVII) said Thursday it plans to postpone its July 25 special meetings with shareholders and warrant holders on its merger deal with CorpAcq Holdings to Aug. 12.

$Churchill Capital(CVII.US)$ Special Meeting of Churchill Capital Corp VII Stockholders to Approve Business Combination with CorpAcq and Public Warrant Holder Meeting to Approve Warrant Amendment Scheduled for July 25, 2024

$Churchill Capital(CVII.US)$ Michael Stuart Klein, 10% Owner, Director, Chief Executive Officer, President and Chairman of the Board of Directors, on May 06, 2024, executed a purchase for 725,000 shares in Churchill Capital Corp IX/Cayman (CCIXU) for $7,250,000. Following the Form 4 filing with the SEC, Klein has control over a total of 725,000 shares of the company, with 725,000 controlled indirectly.

$Churchill Capital(CVII.US)$ Reuters· 1 min ago
Churchill Capital Corp IX Completes $287.5 Million Initial Public Offering

$Churchill Capital(CVII.US)$ Special Meeting of Churchill Capital Corp VII Stockholders to Approve Business Combination With CorpAcq and Warrant Holder Meeting to Approve Warrant Amendment Scheduled for May 21, 2024
PR Newswire· 6 mins ago

$Churchill Capital(CVII.US)$ Churchill Capital Corp VII Extends Business Combination From Feb. 17, 2024 To Aug. 17, 2024

$Churchill Capital(CVII.US)$ considering all aspects..
Pros:
1. Disney partnership
2. Mark Zuckerberg, Tiger global, tencent are seed investors
3. 80m customers, 5.5m subs (Aug)
4. Covid friendly
5. Top 13 largest startup in the world
6. Edtech in largest growing population
7. $1.3B in revenue estimated for March 2022
8. Largest startup in India
Cons:
1. Higher valuation is challenging for explosive stock price moves.
2. Edtech will have a questionable reaction in the market.
3. $Grab Holdings(GRAB.US)$ was a merger for $40B of a foreign company and may spook retail investors
4. How will byju perform once covid isn’t a factor?
The rumor hasn’t been confirmed. Warrants at $1.11 & shares at $9.82 present minimal downside for a top startup. I think it’s a hold for now.