Churchill Capital Corp

announcedU=S+W/2W=S@11.50
CCCSEC EDGARCIK: 0001744895|Churchill Sponsor LLC

Capital Structure & Economics

Trust Size$600,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$600,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedAug 20, 2018
Target AnnouncedJan 14, 2019
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyClarivate Analytics Plc
  • Announcement Date2019-01-14

Board & Officers

  • Jerre Stead(2)
    CEO
  • michael kleinDirector
  • sheryl von blucherDirector
  • martin broughtonDirector
  • karen g millsDirector
  • balakrishnan s iyerDirector
  • stephen hartmanDirector
  • richard hanksDirector
  • jay nadlerDirector
  • nicholas mackseyDirector
  • anthony munkDirector
  • kosty gilisDirector
  • chuck neralDirector
  • matthew scattarellaDirector
  • peter m phelanDirector

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.

Dilution Cash Friction