secwatch.observer — SEC 8-K summary
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Issuer:     Churchill Capital Corp XII (CXII)
CIK:        0002114227
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001213900-26-049354
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Churchill Capital Corp XII closes upsized $414M SPAC IPO; units trade on Nasdaq
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/0001213900-26-049354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2114227/000121390026049354/ea0288158-8k_churchill12.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-049354

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