secwatch.observer — SEC 8-K summary
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Issuer:     Churchill Capital Corp XI (CCXI)
CIK:        0002074973
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0001213900-25-123495
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Churchill Capital Corp XI completes upsized $414M SPAC IPO; $414M placed in trust
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- IPO of 41.4M units at $10.00/unit (incl. full over-allotment of 5.4M units); gross proceeds $414M.
- Simultaneous private placement of 500K units to sponsor at $10.00/unit for $5M gross.
- $414M deposited in trust account, available for initial business combination or redemption.
- William Sherman appointed to board as interim audit committee chair and compensation committee chair.
- Units (CCXIU) trade on Nasdaq; Class A shares (CCXI) and warrants (CCXIW) to list separately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2074973/000121390025123495/0001213900-25-123495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2074973/000121390025123495/ea0270164-8k_church11.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-123495

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