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CCIX
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Churchill Capital Corp IX (CCIX)

Upturn stock ratingUpturn stock rating
$10.55
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

08/14/2025: CCIX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit 5.78%
Avg. Invested days 165
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 406.22M USD
Price to earnings Ratio 33.58
1Y Target Price -
Price to earnings Ratio 33.58
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 9.99 - 11.66
Updated Date 05/20/2025
52 Weeks Range 9.99 - 11.66
Updated Date 05/20/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.33

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE 33.58
Forward PE -
Enterprise Value 404000523
Price to Sales(TTM) -
Enterprise Value 404000523
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 29475000
Shares Floating 18681744
Shares Outstanding 29475000
Shares Floating 18681744
Percent Insiders -
Percent Institutions 79.95

ai summary icon Upturn AI SWOT

Churchill Capital Corp IX

stock logo

Company Overview

overview logo History and Background

Churchill Capital Corp IX was a special purpose acquisition company (SPAC) founded in 2020 by Michael Klein. SPACs are shell corporations that raise capital through an initial public offering (IPO) for the purpose of acquiring an existing operating company. Churchill Capital Corp IX completed its IPO but failed to find a suitable company and dissolve, distributing the raised capital back to shareholders.

business area logo Core Business Areas

leadership logo Leadership and Structure

Michael Klein was the Chairman and CEO. As a SPAC, its structure was designed for acquiring and merging with a target company.

Top Products and Market Share

overview logo Key Offerings

Market Dynamics

industry overview logo Industry Overview

The SPAC market was active in 2020 and 2021, with numerous SPACs seeking acquisition targets. However, market conditions cooled significantly in 2022 and 2023 due to regulatory scrutiny and poor performance of many SPAC mergers.

Positioning

Churchill Capital Corp IX aimed to acquire a company in a high-growth industry, but failed to do so.

Total Addressable Market (TAM)

N/A - As a SPAC, the TAM depended on the target company being considered.

Upturn SWOT Analysis

Strengths

  • Experienced management team (Michael Klein)
  • Access to public capital through IPO
  • Flexibility to pursue various acquisition targets

Weaknesses

  • Lack of operating history
  • Dependence on finding a suitable acquisition target
  • Time constraints for completing a deal
  • Risk of dilution for existing shareholders

Opportunities

  • Potential to acquire a high-growth company at an attractive valuation
  • Ability to bring a private company public quickly
  • Benefit from favorable market conditions for SPAC mergers (when applicable)

Threats

  • Increased regulatory scrutiny of SPACs
  • Competition from other SPACs and private equity firms
  • Unfavorable market conditions for SPAC mergers
  • Inability to find a suitable acquisition target

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

As a SPAC, competition came from other SPACs and private equity firms seeking to acquire target companies. Churchill Capital Corp IX ultimately failed to secure a deal.

Growth Trajectory and Initiatives

Historical Growth: N/A - As a SPAC before a merger, there was no historical growth in the traditional sense.

Future Projections: N/A - Churchill Capital Corp IX dissolved.

Recent Initiatives: The primary initiative was to identify and acquire a target company, which was unsuccessful.

Summary

Churchill Capital Corp IX was a SPAC that ultimately failed to complete an acquisition. The SPAC market cooled down significantly since the time it was formed and several firms were unable to find suitable acquisition candidates. In the end, Churchill Capital Corp IX was unable to identify a deal to acquire and dissolve the entity, distributing the capital back to shareholders. This illustrates the risks associated with investing in SPACs, as they are reliant on management's ability to find and execute a deal.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Press Releases
  • Market Analysis Reports

Disclaimers:

This analysis is based on available information and is not financial advice. The SPAC market is inherently risky.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Churchill Capital Corp IX

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2024-06-21
CEO, President & Chairman of the Board Mr. Michael S. Klein
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Churchill Capital Corp IX does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Churchill Capital Corp IX was incorporated in 2023 and is based in New York, New York.