---
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"
generated_at: "2026-05-15T11:07:43.077647+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Churchill Capital Corp XI appoints Paul Lapping and Stephen Murphy as independent directors

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-029178
- JSON: https://secwatch.observer/filing/0001213900-26-029178.json
- Plain text: https://secwatch.observer/filing/0001213900-26-029178.txt

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