SPAC · Merger completed
Churchill Capital Corp III
Business combination with MultiPlan
Churchill Capital Corp III is a blank-check company (SPAC) that raised $1B in its initial public offering on Feb 14, 2020, listing on New York Stock Exchange. It completed its business combination with MultiPlan on Oct 8, 2020; the combined company is MultiPlan Corporation (MPLN). Strategic Partners led the IPO. Paul, Weiss advised the SPAC and Winston & Strawn advised the underwriters on the IPO.
MultiPlan serves over 700 healthcare payers in the commercial health, dental, government and property and casualty markets. It says it saves these payers approximately $19 billion annually.
- Status
- Merger completed
- IPO date
- Feb 14, 2020
- IPO size
- $1B
- IPO exchange
- New York Stock Exchange
- Target
- MultiPlan (Polaris Parent Corp.)
- Announced
- Jul 13, 2020
- Closed
- Oct 8, 2020
- Combined company
- MultiPlan Corporation (MPLN)
- IPO underwriters
- Strategic Partners
- SPAC counsel (IPO)
- Paul, Weiss
- Underwriters' counsel (IPO)
- Winston & Strawn
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Feb 14, 2020
- Deal announcement (8-K) Jul 13, 2020
- Press release
- All filings on EDGAR CIK 1793229
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