m_and_a
confidence high
sentiment positive
materiality 0.85
Churchill X shareholders approve Infleqtion merger; over $550M proceeds, close Feb 13
Infleqtion, Inc.
- Shareholders approved business combination with Infleqtion; over 90% of votes cast in favor.
- Only 37,821 Class A shares redeemed (~$388,453); nearly 100% of trust cash retained.
- Gross proceeds of ~$551.4M delivered to Infleqtion ($424.8M trust + $126.5M PIPE).
- Expected closing on Feb 13, 2026; shares and warrants list on NYSE starting Feb 17 under INFQ and INFQ WS.
- Post-combination company renamed Infleqtion, Inc.; Churchill de-lists from Nasdaq.