---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-049354"
form_type: "8-K"
ticker: "CXII"
cik: "0002114227"
company_name: "Churchill Capital Corp XII"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:25:56.831125+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 XII closes upsized $414M SPAC IPO; units trade on Nasdaq

## Summary
- IPO of 41.4M units at $10/unit (incl. full over-allotment) generated $414M gross proceeds.
- Private placement of 350,000 units to sponsor Churchill Sponsor XII LLC for $3.5M.
- $414M placed in trust; SPAC has 24 months (27 with LOI) to complete a business combination.
- William Sherman appointed to board, interim audit committee chair, and compensation committee chair.
- Founded by Michael Klein (M. Klein and Company); Citigroup sole book-running manager.

## SEC filing metadata
- accession: 0001213900-26-049354
- form_type: 8-K
- ticker: CXII
- cik: 0002114227
- company_name: Churchill Capital Corp XII
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/ea0288158-8k_churchill12.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-049354
- JSON: https://secwatch.observer/filing/0001213900-26-049354.json
- Plain text: https://secwatch.observer/filing/0001213900-26-049354.txt

## Source-grounded claims
- claim_id: 249bb76a1e
  claim: William Sherman was appointed as Director at Churchill Capital Corp XII.
  evidence_excerpt: On April 27, 2026, in connection with the IPO, William Sherman was appointed to the board of directors of the Company (the “ Board ”) effective April 28, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
- claim_id: cbb398b548a8f4d8707c8427b3e8ebbe32573b42
  claim: Churchill Capital Corp XII: Filed amended and restated memorandum and articles of association in connection with IPO (effective 2026-04-27).
  evidence_excerpt: On April 27, 2026, in connection with the IPO, the Company filed its amended and restated memorandum and articles of association (the “ Amended and Restated Memorandum and Articles of Association ”) with the Cayman Islands Registrar of Companies, which was effective on April 27, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
- claim_id: 1535e44beb2809c2ef8edd2dd58574631cf6d295
  claim: Churchill Capital Corp XII entered into Underwriting Agreement with Citigroup Global Markets Inc. (effective 2026-04-27).
  evidence_excerpt: Underwriting Agreement, dated April 27, 2026, by and between the Company and Citigroup Global Markets Inc., as the underwriter
  evidence_url: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
- claim_id: 1860e47d24ea41884efa17baa75fb55566609b62
  claim: Churchill Capital Corp XII entered into Public Warrant Agreement with Continental Stock Transfer & Trust Company (effective 2026-04-27).
  evidence_excerpt: Public Warrant Agreement, dated April 27, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
- claim_id: 3b7bcb6c0caec5fdf34da45df0dfbb8de1d4a043
  claim: Churchill Capital Corp XII entered into Private Warrant Agreement with Continental Stock Transfer & Trust Company (effective 2026-04-27).
  evidence_excerpt: Private Warrant Agreement, dated April 27, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
- claim_id: 705f7ac64b46a77fad4448dc48327538459b2b86
  claim: Churchill Capital Corp XII entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2026-04-27).
  evidence_excerpt: Investment Management Trust Agreement, dated April 27, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee
  evidence_url: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
- claim_id: f1803b0d8e4753da53e1fb9335fd1c7f70bec79f
  claim: Churchill Capital Corp XII entered into Private Placement Units Purchase Agreement with Churchill Sponsor XII LLC (effective 2026-04-27).
  evidence_excerpt: Private Placement Units Purchase Agreement, dated April 27, 2026 (the “ Private Placement Units Purchase Agreement ”), by and between the Company and the Company’s sponsor, Churchill Sponsor XII LLC (the “ Sponsor ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm

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