Churchill Capital Corp IV
announcedU=S+W/5W=S@11.50
CCIV
Capital Structure & Economics
Trust Size$2,100,000,000
Unit Price$10.00
Warrant Coverage1/5
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
20% Warrant Inclusion| Public Trust Allocation | $2,100,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedJul 14, 2020
SearchingTarget Pending
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyLucid Motors
- SectorAutomotive
- Announced Deal Size$11,750,000,000
Board & Officers
- Peter RawlinsonCEO
- Ayar Third Investment CompanyOfficer
- M. Klein and Company, LLC(7)Officer
- Director
- Director
- Director
Advanced Structuring Terms
| Target Sectors | Automotive |
Syndicate & Advisors
Interactive Deal Modeling
Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.