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CCIXU
Upturn stock ratingUpturn stock rating

Churchill Capital Corp IX Unit (CCIXU)

Upturn stock ratingUpturn stock rating
$10.9
Delayed price
Profit since last BUY2.73%
upturn advisory
Consider higher Upturn Star rating
BUY since 46 days
  • 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
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/22/2025: CCIXU (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

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

Analysis of Past Performance

Type Stock
Historic Profit 2.73%
Avg. Invested days 46
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/22/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 1168
Beta -
52 Weeks Range 10.05 - 11.72
Updated Date 04/25/2025
52 Weeks Range 10.05 - 11.72
Updated Date 04/25/2025
Dividends yield (FY) -
Basic EPS (TTM) -

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 -
Forward PE -
Enterprise Value 400508320
Price to Sales(TTM) -
Enterprise Value 400508320
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 16825888
Shares Outstanding -
Shares Floating 16825888
Percent Insiders 2.52
Percent Institutions 22.47

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Churchill Capital Corp IX Unit

stock logo

Company Overview

overview logo History and Background

Churchill Capital Corp IX was a special purpose acquisition company (SPAC) founded with the intent to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. SPACs typically do not have established operating histories.

business area logo Core Business Areas

  • SPAC: Churchill Capital Corp IX was formed solely to identify and acquire a target business.

leadership logo Leadership and Structure

Led by Michael Klein, the structure was typical of a SPAC, with a management team and board focused on identifying and executing a merger.

Top Products and Market Share

overview logo Key Offerings

  • SPAC Structure: The offering itself was a unit consisting of shares of common stock and warrants. The value derived from the potential future merger target. No market share data applies as it was a blank check company. Competitors are other SPACs.

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced a boom and subsequent correction. Regulatory scrutiny and declining market sentiment impacted SPAC performance.

Positioning

Churchill Capital Corp IX positioned itself to attract a high-growth, transformative company.

Total Addressable Market (TAM)

The TAM would depend on the industry of the target company. Churchill Capital Corp IX aimed for a significant portion of a large and growing market.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Access to Capital
  • Flexibility in Acquisition Target

Weaknesses

  • Limited Operating History
  • Reliance on Acquisition Target
  • Potential for Dilution

Opportunities

  • Acquire High-Growth Company
  • Generate Significant Returns for Shareholders
  • Benefit from Favorable Market Conditions

Threats

  • Inability to Find Suitable Target
  • Increased Regulatory Scrutiny
  • Market Volatility
  • Changing Investor Sentiment

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

Competitive landscape is defined by the SPAC sponsor's reputation and ability to source deals.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth is linked to the acquisition and subsequent performance.

Future Projections: Projections are entirely dependent on the acquired company's future performance.

Recent Initiatives: Focus on identifying and completing a successful merger.

Summary

Churchill Capital Corp IX was a SPAC aiming to acquire a target company. Its success depended entirely on finding and merging with a promising business. Market conditions and regulatory changes significantly impacted its outlook. The performance of Churchill Capital Corp IX was contingent upon a successful acquisition and the subsequent performance of the acquired entity.

Similar Companies

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Financial News Outlets

Disclaimers:

The information provided is for general informational purposes only and should not be construed as investment advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

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 Unit

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2024-05-02
CEO, President & Chairman of the Board Mr. Michael S. Klein
Sector Financial Services
Industry Shell Companies
Full time employees -
Website
Full time employees -
Website

Churchill Capital Corp IX focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.

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