AltC Acquisition Corp. (formerly Churchill Capital Corp. VIII)
Note: We were incorporated as Churchill Capital Corp VIII on Feb.1, 2021, and changed our name to AltC Acquisition Corp. on Feb. 24, 2021. This is an offering of shares – NOT units. (Most SPAC or blank-check IPOs are unit offerings.)
We expect to focus on a target in an industry where we believe our management team and co-founders’ expertise will provide us with a competitive advantage.
Our team will be led by our co-founder, Sam Altman, an entrepreneurial and thought leader with a proven track-record of growth investing within the technology industry. Mr. Altman is also the co-founder and CEO of OpenAI, a leading artificial intelligence (“AI”) research and deployment company, and the Chairman of Y Combinator.
Our co-founder, Michael Klein, is also the founder and managing partner of M. Klein and Company, which he founded in 2012. M. Klein and Company is a global strategic advisory firm that provides its clients a variety of advice tailored to their objectives. He previously was the CEO of global banking at Citi, CEO of Citi Markets & Banking, Europe, and co-head of global investment banking for Salomon Smith Barney.
(Note: AltC Acquisition Corp. upsized its SPAC IPO at pricing on July 7, 2021, to 45 million shares, up from 40 million shares, at $10 each to raise $450 million. The company had slashed the deal to 40 million shares from its initial size of 100 million shares, at $10 each, in an S-1/A filing dated June 4, 2021.)
|Address||640 Fifth Avenue, 12th Floor New York, NY 10019|
|Phone Number||(212) 380-7500|
|View Prospectus:||AltC Acquisition Corp. (formerly Churchill Capital Corp. VIII)|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$450.0 mil|
|Manager / Joint Managers||Citigroup / J.P. Morgan/ Goldman Sachs/ BofA Securities |
|CO-Managers||B. Riley Securities/ Academy Securitie/ Drexel Hamilton/ Farvahar Capital/ Tigress Financial Partners|
|Expected To Trade:||7/8/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|