Churchill Capital Corp XIII Completes Upsized $414 Million Initial Public Offering

NEW YORK, NY, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Churchill Capital Corp XIII (the “Company”) announced today the closing of its upsized initial public offering of 41,400,000 units, which includes 5,400,000 units issued pursuant to the exercise by the underwriter of its over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $414,000,000.

The Company’s units began trading on July 31, 2026 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “XIIIU.” Each unit consists of one Class A ordinary share of the Company and one-tenth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “XIII” and “XIIIW,” respectively.