Churchill Capital Corp XII appoints Paul Lapping as director and audit committee chair

Churchill Capital Corp XII

Paul Lapping appointed to board effective July 13, 2026; also named chair of audit committee.
Lapping has served as director of Churchill SPACs CCIX and CCXI and as COO of Neostellar Capital.
Director compensation set at $75,000 per annum for Lapping and William Sherman, effective August 1, 2026.
Lapping signed joinder to letter agreement waiving redemption rights and agreeing to vote for initial business combination.

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