Churchill Capital Corp IV was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
I originally bought this as CCIV for like $11 and sold in the low $30s shortly after, netting close to 300k. And then it doubled again to the $60s...I miss the SPAC craze days of free money. Good luck OP, you're gonna need a catalyst or some random pump to make money off EV stocks nowadays.
Same. I actually locked in good profits on calls I had on CCIV. I felt like a jagoff doing it because I had been scouting the play so long and thought it could really moon post merger but it was fairly life changing money at the time so I couldn’t leave it on the table. Thank go I didn’t because the portion I held on to went to $0.