{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-029178","form_type":"8-K","ticker":"CCXI","cik":"0002074973","company_name":"Churchill Capital Corp XI","filed_at":"2026-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.169348+00:00","generated_at":"2026-05-15T11:07:43.077647+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Churchill Capital Corp XI appoints Paul Lapping and Stephen Murphy as independent directors","bullets":["Paul Lapping and Stephen Murphy appointed to the board on March 17, 2026, effective immediately.","Lapping named audit committee chair, replacing William Sherman; both join audit and compensation committees.","Each director receives $75,000 per annum cash compensation, paid quarterly starting April 1, 2026.","They signed a joinder to the letter agreement waiving certain redemption rights and agreeing to vote for a business combination.","Terms expire at the first annual general meeting; appointments bolster SPAC board independence."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-029178","json":"https://secwatch.observer/filing/0001213900-26-029178.json","markdown":"https://secwatch.observer/filing/0001213900-26-029178.md","text":"https://secwatch.observer/filing/0001213900-26-029178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2074973/000121390026029178/0001213900-26-029178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2074973/000121390026029178/ea0282101-8k_church11.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T11:07:43.077647+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"}