Item 8.01 Other Events.

Churchill Capital Corp VI, a blank check company (the "Company"), has entered into a non-binding letter of intent that sets forth the preliminary terms and conditions of a potential business combination (a "Business Combination") with a private company that meets the Company's investment criteria and principles and with which the Company has had discussions over an extended period of time. As a result, the Company now has until May 17, 2023 to complete a Business Combination. If the Company is unable to complete a Business Combination by such date (or such later date as may be approved by the Company's stockholders at a meeting called for such purpose at which the Company's stockholders will be given the opportunity to have their public shares redeemed for a pro rata portion of the funds in the Company's trust account), the Company will then liquidate. No assurances can be made that the Company will successfully negotiate and enter into a definitive agreement for a Business Combination.

To mitigate the risk of the Company being deemed to have been operating as an unregistered investment company (including under the subjective test of Section 3(a)(1)(A) of the Investment Company Act of 1940, as amended) under the proposed U.S. Securities and Exchange Commission rules regarding special purpose acquisition companies, the Company has instructed the trustee with respect to the Company's trust account (the "Trust Account") to liquidate the U.S. government securities or money market funds held in the Trust Account and thereafter to hold all funds in the Trust Account in cash (which may include demand deposit accounts) until the earlier of consummation of a business combination or liquidation. As a result, following such liquidation, the Company may not receive further interest on the funds held in the Trust Account, which would reduce the dollar amount the Company's public stockholders would receive upon any redemption or liquidation of the Company.

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