Former Citigroup executive Klein launches another SPAC, Churchill Capital XIV (CXIVU.US) plans to raise up to $300 million in its US IPO

智通财经2026/11/05 06:50

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According to Golden Ten Data, Churchill Capital XIV, a blank check company (SPAC) founded by veteran Wall Street dealmaker and former Citigroup executive Michael Klein, submitted an application to the U.S. Securities and Exchange Commission (SEC) on Wednesday, seeking to raise up to $300 million through an initial public offering (IPO). The company plans to issue 30 million units at a price of $10 per unit, raising $300 million. Each unit consists of one share of common stock and one-tenth of a warrant, with each warrant exercisable at a price of $11.50 per share.

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On Tuesday, following Federal Reserve Governor Waller’s call to consider a 50 basis point rate hike at the December meeting, this year’s FOMC rotating voting member Lorie Logan reiterated a hawkish stance, stating, "Given the current economic outlook, I believe at least two more rate hikes of 25 basis points each are needed. The pace of rate hikes this winter may be faster than what we have seen so far this autumn." On Tuesday, the two-year US Treasury yield jumped 19 basis points in a single day, reaching 4.74%.

华尔街见闻•2026/11/10 19:52