Churchill Capital Corp XI Files 8-K

TL;DR

CCXI filed an 8-K on Dec 23rd about their shares and warrants, effective Dec 18th.

AI Summary

Churchill Capital Corp XI filed an 8-K on December 23, 2025, reporting events that occurred on December 18, 2025. The filing pertains to their units, ordinary shares, and warrants, with specific details on share par value and warrant exercise price. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.

Why It Matters

This filing provides an update on Churchill Capital Corp XI's corporate structure and securities, which is important for investors tracking the company's financial and operational status.

Risk Assessment

Risk Level: low — This is a routine filing reporting on corporate structure and securities, not indicating any immediate financial distress or significant operational change.

Key Numbers

• 0.0001 — Par Value per Ordinary Share (Details the nominal value of the company's ordinary shares.)
• 11.50 — Warrant Exercise Price (Specifies the price at which warrants can be exercised.)

Key Players & Entities

• Churchill Capital Corp XI (company) — Registrant
• December 23, 2025 (date) — Filing Date
• December 18, 2025 (date) — Earliest Event Date
• Cayman Islands (location) — Jurisdiction of Incorporation
• 11.50 (dollar_amount) — Warrant Exercise Price

FAQ

Key Financial Figures

• $0.0001 — LC Class A ordinary shares, par value $0.0001 per share CCXI The Nasdaq Stock Mar
• $11.50 — ordinary share at an exercise price of $11.50 per share CCXIW The Nasdaq Stock Ma
• $10.00 — hare. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to
• $414,000,000 — rating gross proceeds to the Company of $414,000,000. Simultaneously with the closing of th
• $5,000,000 — rating gross proceeds to the Company of $5,000,000. A total of $414,000,000, or $10.00 pe
• $14,490,000 — om the IPO (which amount includes up to $14,490,000 of the underwriter's deferred discount)
• $3,000,000 — he underwriter's deferred discount) and $3,000,000 of the proceeds of the sale of the Priv

Filing Documents

• ea0270760-8k_church11.htm (8-K) — 36KB
• ea027076001ex99-1_church11.htm (EX-99.1) — 100KB
• 0001213900-25-125348.txt ( ) — 374KB
• ccxiu-20251218.xsd (EX-101.SCH) — 4KB
• ccxiu-20251218_def.xml (EX-101.DEF) — 27KB
• ccxiu-20251218_lab.xml (EX-101.LAB) — 37KB
• ccxiu-20251218_pre.xml (EX-101.PRE) — 25KB
• ea0270760-8k_church11_htm.xml (XML) — 7KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): December 23, 2025 ( December 18, 2025 ) CHURCHILL CAPITAL CORP XI (Exact name of registrant as specified in its charter) Cayman Islands 001-42646 86-1959629 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 640 Fifth Avenue , 14th Floor New York , NY 10019 (Address of principal executive offices, including Registrant's telephone number, including area code: (212) 380-7500 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share and one-tenth of one redeemable warrant CCXIU The Nasdaq Stock Market LLC Class A ordinary shares, par value $0.0001 per share CCXI The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share CCXIW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item8.01. Other Events. On December 18, 2025, Churchill Capital Corp XI (the " Company ") consummated its initial public offering (" IPO ") of 41,400,000 units (the " Units "), including 5,400,000 Units issued pursuant to the full exercise of the underwriters' over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the " Class A Ordinary Shares "), and one-tenth of one redeemable warrant of the Company (each, a " Warrant "), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $414,000,000. Simultaneously with the closing of the IPO, the Company completed the private sale (the " Private Placement" ) of an aggregate of 500,000 units (the " Private Placement Units ") to Churchill Sponsor XI LLC, the Company's sponsor, at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds to the Company of $5,000,000. A total of $414,000,000, or $10.00 per Unit, comprised of $ 411,000,000 of the net proceeds from the IPO (which amount includes up to $14,490,000 of the underwriter's deferred discount) and $3,000,000 of the proceeds of the sale of the Private Placement Units, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of December 18, 2025 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. Item9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Audited Balance Sheet as of December 18, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHURCHILL CAPITAL CORP XI By: /s/ Jay Taragin Name: Jay Taragin Title: Chief Financial Officer Dated: December 23, 2025 2

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View this 8-K filing on SEC EDGAR