secwatch.observer — SEC 8-K summary
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Issuer:     Infleqtion, Inc. (INFQ)
CIK:        0002007825
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001193125-25-197773
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Churchill Capital Corp X to merge with ColdQuanta at $1.8B valuation; $126.5M PIPE
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- ColdQuanta pre-money equity value of $1.8B; combined company to be renamed Infleqtion, Inc.
- PIPE investment of $126.5M at $10/share from institutional investors to fund the merger.
- Minimum cash condition: at least $100M in available cash (trust + PIPE) at closing.
- Sponsor agrees to vote in favor; 1.5M sponsor shares vest upon $12 VWPA over 15/180 days.
- Deal subject to HSR, UK NSI Act, and Australian FATA approvals; must close by March 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2007825/000119312525197773/0001193125-25-197773-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2007825/000119312525197773/d14599d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-197773

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer