---
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"
generated_at: "2026-05-16T12:21:24.068071+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Churchill Capital Corp XI completes $414M IPO and $5M private placement

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-125348
- JSON: https://secwatch.observer/filing/0001213900-25-125348.json
- Plain text: https://secwatch.observer/filing/0001213900-25-125348.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.