Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.5M |
Gross Profit | -0.5M |
Operating Expense | 0.5M |
Operating I/L | -0.5M |
Other Income/Expense | 19.3M |
Interest Income | 6.5M |
Pretax | 18.8M |
Income Tax Expense | 1.5M |
Net Income/Loss | 17.3M |
Churchill Capital Corp VII is a special purpose acquisition company (SPAC) that focuses on facilitating mergers, stock exchanges, acquisitions, and reorganizations with businesses. By identifying potential target companies, conducting due diligence, and negotiating deals, the company aims to create value through strategic business combinations. Through these transactions, Churchill Capital Corp VII generates revenue from the fees and equity stakes associated with the successful completion of business combinations.