m_and_a
confidence high
sentiment neutral
materiality 0.75
Churchill Capital Corp X completes merger with Infleqtion; quantum computing company now public on NYSE under INFQ
Infleqtion, Inc.
- Merger closed Feb 13, 2026; Legacy Infleqtion stockholders received 151.8M shares at $10.00 per share deemed value.
- PIPE investment of $126.5M (12.65M shares at $10.00) closed concurrently with the business combination.
- Company renamed Infleqtion, Inc.; common stock and warrants trade on NYSE as INFQ and INFQ WS.
- Five percent holders: LCP Quantum (14.1%), Global Frontier (11.8%), Maverick Capital (9.2%), BOKA Group (5.8%).
- Directors and officers as a group hold ~6.0% of outstanding common stock; CEO Matthew Kinsella holds 3.9%.