---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-075480"
form_type: "8-K"
ticker: "CCXI"
cik: "0002074973"
company_name: "Churchill Capital Corp XI"
filed_at: "2026-07-06T20:05:43+00:00"
generated_at: "2026-07-06T20:07:13.743653+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Churchill Capital Corp XI issues up to $1.5M promissory note to sponsor for working capital

## Summary
- Note principal up to $1,500,000, non-interest bearing, matures upon business combination or liquidation.
- Sponsor can convert outstanding principal into units at $10/unit, each unit consisting of one Class A share and one-tenth warrant.
- Proceeds used for working capital needs; sponsor waives claims against trust account.
- Note is unsecured and drawn down in increments of at least $10,000 at sponsor's discretion.

## SEC filing metadata
- accession: 0001213900-26-075480
- form_type: 8-K
- ticker: CCXI
- cik: 0002074973
- company_name: Churchill Capital Corp XI
- filed_at: 2026-07-06T20:05:43+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2074973/000121390026075480/0001213900-26-075480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2074973/000121390026075480/ea0296510-8k_church11.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-075480
- JSON: https://secwatch.observer/filing/0001213900-26-075480.json
- Plain text: https://secwatch.observer/filing/0001213900-26-075480.txt

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