{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-086928","form_type":"8-K","ticker":"CCXI","cik":"0002074973","company_name":"Churchill Capital Corp XI","filed_at":"2026-08-10T10:35:57+00:00","discovered_at":"2026-08-10T10:40:22.824389+00:00","generated_at":"2026-08-10T10:40:27.375300+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Churchill Capital Corp XI issues up to $1.5M promissory note to sponsor for working capital","bullets":["On Aug 7, 2026, issued unsecured promissory note up to $1,500,000 to Churchill Sponsor XI LLC for working capital.","Note bears no interest; matures upon earlier of initial business combination or liquidation.","Sponsor may convert outstanding principal into units at $10.00 per unit, each unit = 1 Class A share + 1/10 warrant.","Conversion units identical to IPO private placement units and carry registration rights.","Payee waives claims against trust account; note is unsecured and not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-086928","json":"https://secwatch.observer/filing/0001213900-26-086928.json","markdown":"https://secwatch.observer/filing/0001213900-26-086928.md","text":"https://secwatch.observer/filing/0001213900-26-086928.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2074973/000121390026086928/0001213900-26-086928-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2074973/000121390026086928/ea0301196-8k_church11.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-10T10:40:27.375300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}