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CCIXU
Upturn stock rating

Churchill Capital Corp IX Unit (CCIXU)

Upturn stock rating
$10.66
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

10/14/2025: CCIXU (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.

Analysis of Past Performance

Type Stock
Historic Profit 1.79%
Avg. Invested days 80
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/14/2025

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) -
Beta -
52 Weeks Range 10.06 - 12.50
Updated Date 06/29/2025
52 Weeks Range 10.06 - 12.50
Updated Date 06/29/2025
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 391901888
Price to Sales(TTM) -
Enterprise Value 391901888
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 19187686
Shares Outstanding -
Shares Floating 19187686
Percent Insiders -
Percent Institutions 17.62

ai summary icon Upturn AI SWOT

Churchill Capital Corp IX Unit

stock logo

Company Overview

overview logo History and Background

Churchill Capital Corp IX (CCIXU) was a special purpose acquisition company (SPAC) formed in 2020 by Michael Klein. SPACs are shell companies that raise capital through an IPO to acquire an existing private company, effectively taking it public. CCIXU's purpose was to identify and merge with a target company.

business area logo Core Business Areas

leadership logo Leadership and Structure

CCIXU was led by Michael Klein, a veteran investment banker known for advising on high-profile mergers and acquisitions. The organizational structure consisted of a management team and board of directors focused on deal sourcing and execution.

Top Products and Market Share

overview logo Key Offerings

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced a boom in 2020 and early 2021 but has since cooled off. SPACs offer a faster route to public markets than traditional IPOs but also come with greater risks and scrutiny.

Positioning

CCIXU positioned itself to target a company with high growth potential in a disruptive industry. Success depended on management's ability to identify and execute a favorable merger.

Total Addressable Market (TAM)

The TAM would have been the estimated enterprise value of potential target companies. CCIXU aimed for a target with a substantial market opportunity, but without a completed merger, quantifying TAM is difficult.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Access to Capital
  • Flexibility in Deal Structure

Weaknesses

  • Reliance on Merger Completion
  • Limited Operating History
  • Potential Conflicts of Interest

Opportunities

  • Identifying High-Growth Target
  • Capitalizing on Market Disruption
  • Creating Shareholder Value Through Merger

Threats

  • Competition for Target Companies
  • Regulatory Changes
  • Market Volatility

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

The competitive landscape involved other SPACs vying for attractive merger targets. CCIXU's advantage was its experienced management team and access to capital.

Growth Trajectory and Initiatives

Historical Growth: CCIXU's growth was contingent on identifying and merging with a growth company.

Future Projections: Future projections depended entirely on the target company's growth prospects.

Recent Initiatives: The primary initiative was identifying and evaluating potential merger targets.

Summary

Churchill Capital Corp IX Unit (CCIXU) was a SPAC created with the goal of merging with a private company to bring it public. Its success depended entirely on finding a suitable target and completing the merger successfully. The SPAC market is competitive, requiring experienced management to identify valuable opportunities. Ultimately, CCIXU did not complete a merger, and investors should be aware of risks associated with investing in SPACs.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • SPAC Analytics
  • Company Press Releases

Disclaimers:

This analysis is based on publicly available information and general knowledge of SPACs. It should not be considered financial advice.

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

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

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

Upturn 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 -
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.