secwatch.observer — SEC 8-K summary
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Issuer:     Churchill Capital Corp XII (CXII)
CIK:        0002114227
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001213900-26-052178
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Churchill Capital Corp XII closes $414M SPAC IPO; $414M placed in trust
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- Sold 41.4M units at $10.00 each, including full 5.4M over-allotment, grossing $414M.
- Simultaneous private placement of 350K units to sponsor at $10 each, gross $3.5M.
- Total $414M ($10/unit) deposited in trust; trust holds cash as of April 29.
- Balance sheet: cash $726k, prepaids $391k, deferred underwriting $16.99M, shareholders' deficit $15.68M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2114227/000121390026052178/0001213900-26-052178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2114227/000121390026052178/ea0289099-8k_churchill12.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-052178

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