---
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"
generated_at: "2026-08-10T10:40:27.375300+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-086928
- JSON: https://secwatch.observer/filing/0001213900-26-086928.json
- Plain text: https://secwatch.observer/filing/0001213900-26-086928.txt

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