{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-125348","form_type":"8-K","ticker":"CCXI","cik":"0002074973","company_name":"Churchill Capital Corp XI","filed_at":"2025-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.541056+00:00","generated_at":"2026-05-16T12:21:24.068071+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Churchill Capital Corp XI completes $414M IPO and $5M private placement","bullets":["IPO of 41,400,000 units at $10.00/unit raises $414M gross; includes full exercise of over-allotment.","Private placement of 500,000 units to Churchill Sponsor XI LLC raises additional $5M.","$414M placed in trust account; $750,457 cash outside trust for working capital.","Transaction costs total $19.6M: $3M cash underwriting fee and $16M deferred underwriting fee.","Company has no operations; must complete a business combination within 24 months (27 if definitive agreement)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-125348","json":"https://secwatch.observer/filing/0001213900-25-125348.json","markdown":"https://secwatch.observer/filing/0001213900-25-125348.md","text":"https://secwatch.observer/filing/0001213900-25-125348.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2074973/000121390025125348/0001213900-25-125348-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2074973/000121390025125348/ea0270760-8k_church11.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:21:24.068071+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}