# Churchill Capital Corp X/Cayman (INFQ-WT) — merger/spac_merger [completed] Source: SEC API (secapi.ai) · situation sit_bb5a5755b95ce2e02492 · retrieved 2026-08-11T15:49:17.856Z ## Overview Infleqtion is a global leader in quantum sensing and quantum computing powered by neutral-atom technology, designing and building quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions. Churchill Capital Corp X shareholders approved the previously announced business combination with Infleqtion, Inc. (d/b/a ColdQuanta, Inc.) on February 12, 2026, with over 90% of votes cast in favor. Churchill will deliver approximately $551.4 million of gross transaction proceeds to Infleqtion, consisting of approximately $424.8 million from the trust account and $126.5 million from a private placement. Upon closing, Churchill will domesticate from the Cayman Islands to Delaware and be renamed Infleqtion, Inc., with shares expected to list on the NYSE under ticker "INFQ" on February 17, 2026. The transaction is expected to close on February 13, 2026. ## Terms - Counterparty: Infleqtion, Inc. (d/b/a ColdQuanta, Inc.) · Deal value: $551.4M · Consideration: cash ## Key dates - Announced 2026-01-07 · Record 2026-01-13 · Vote 2026-02-12 · Expected close 2026-02-13 · Completed 2026-02-17 ## Timeline - 2026-01-07 · 425 (0001193125-26-005209): 425 - Churchill Capital Corp X/Cayman — *Infleqtion (formerly ColdQuanta) is a quantum technologies company developing quantum sensors (atomic clocks, RF antennas, inertial sensors) with quantum advantage in near-term applications, and advancing neutral-atom quantum computing platforms.* Churchill Capital Corp X (a SPAC) is pursuing a proposed business combination with ColdQuanta, Inc., operating as Infleqtion, a quantum technologies company. Infleqtion develops quantum sensors (clocks, RF antennas, inertial sensors) with near-term commercial applications and is advancing neutral-atom quantum computing. The company has filed an S-4 registration statement with the SEC describing the merger, business overview, and transaction details. Churchill X shareholders will vote on the proposed transaction; the definitive proxy statement/prospectus will be mailed to shareholders and Infleqtion stockholders prior to the vote. https://www.sec.gov/Archives/edgar/data/2007825/0001193125-26-005209.txt - 2026-01-08 · 425 (0001193125-26-007704): 425 - Churchill Capital Corp X/Cayman — *Infleqtion develops quantum computing systems and precision sensors using neutral atom technology; it generates revenue from quantum computers, atomic clocks, RF antennas, and gravitational sensors with applications in national security and commercial markets.* Infleqtion, a quantum computing company using neutral atom technology, is combining with Churchill Capital Corp X (CCCX) in a SPAC merger expected to close in Q1 2026, with the combined company trading under ticker INFQ. Infleqtion has a pre-money equity valuation of $1.8 billion. Churchill X has a $416 million trust and the parties raised $125 million in a PIPE, bringing total capitalization to approximately $540 million. Infleqtion generated approximately $29 million in trailing twelve-month revenue as of June 30, 2025, with 75% from sensing products and 25% from quantum computing. https://www.sec.gov/Archives/edgar/data/2007825/0001193125-26-007704.txt - 2026-01-27 · 425 (0001193125-26-024383): 425 - Churchill Capital Corp X/Cayman — *Infleqtion is a global leader in quantum sensing and quantum computing powered by neutral-atom technology; it designs and builds quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions.* Infleqtion, a quantum computing startup, is merging with Churchill Capital Corp X (NASDAQ: CCCX), a special purpose acquisition company, to go public. Churchill X shareholders will vote on approving the merger on February 12, 2026. The SEC granted clearance for the transaction on January 24, 2026, and Infleqtion is expected to be publicly traded in mid-February under the ticker symbol INFQ on the Nasdaq exchange. Infleqtion employs approximately 185 people and develops quantum sensors, quantum computers, and atomic clocks for customers including NASA, Nvidia, and the U.S. Department of Defense. https://www.sec.gov/Archives/edgar/data/2007825/0001193125-26-024383.txt - 2026-02-03 · 425 (0001193125-26-035824): 425 - Churchill Capital Corp X/Cayman — *Infleqtion is a global leader in quantum sensing and quantum computing powered by neutral atom technology, designing and building quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions.* Churchill Capital Corp X, a Cayman Islands exempted company, announced its intent to transfer the listing of its Class A ordinary shares and public warrants from Nasdaq to the New York Stock Exchange following completion of its previously announced business combination with ColdQuanta, Inc. (d/b/a Infleqtion). In connection with the Business Combination, Churchill X will transfer its registration from the Cayman Islands to Delaware, with each Class A Ordinary Share automatically converting on a one-for-one basis into one share of common stock, and each CCX Warrant automatically converting into a warrant to acquire a corresponding number of shares of common stock on a one-for-one basis. Churchill X expects that trading of its Class A Ordinary Shares, CCX Warrants and Units will end at market close on February 13, 2026, and that trading of the Common Stock and Warrants will begin on the NYSE at market open on February 17, 2026, under the symbols "INFQ" and "INFQ WS", respectively. The Extraordinary General Meeting is scheduled for February 12, 2026 at 10:00 a.m. Eastern Time for shareholders of record as of January 13, 2026 to vote on the Business Combination. https://www.sec.gov/Archives/edgar/data/2007825/0001193125-26-035824.txt - 2026-02-09 · 425 (0001193125-26-042888): 425 - Churchill Capital Corp X/Cayman — *Infleqtion is a global leader in quantum sensing and quantum computing powered by neutral atom technology, designing and building quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions.* Churchill Capital Corp X (NASDAQ: CCCX), a blank-check company, is pursuing a proposed business combination with ColdQuanta, Inc., operating as Infleqtion, a global leader in quantum sensing and quantum computing powered by neutral atom technology. The transaction was announced in September 2025. A registration statement on Form S-4 was declared effective by the SEC on January 23, 2026, and includes a definitive proxy statement/prospectus. The definitive proxy statement/prospectus and other relevant documents were mailed to Infleqtion stockholders and Churchill X shareholders as of January 13, 2026, the record date established for voting on the proposed transaction. Infleqtion reported $29 million in trailing twelve-month revenue as of June 30, 2025, plus approximately $50 million in booked and awarded business, with a $300 million-plus pipeline. https://www.sec.gov/Archives/edgar/data/2007825/0001193125-26-042888.txt - 2026-02-09 · 425 (0001193125-26-041848): 425 - Churchill Capital Corp X/Cayman — *Infleqtion is a global leader in quantum sensing and quantum computing powered by neutral atom technology, designing and building quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions.* Churchill Capital Corp X (NASDAQ: CCCX) is merging with ColdQuanta, Inc. (operating as Infleqtion), a quantum computing and sensing company, in a transaction valuing Infleqtion at $1.8 billion. The proposed merger is expected to generate gross proceeds of approximately $540 million, including more than $125 million of incremental capital raised through a common stock PIPE from existing and new institutional investors. Churchill's extraordinary general meeting is scheduled for February 12, 2026, to vote on the proposed business combination. The merger is expected to close at the end of the week of February 12, with the combined company operating as "Infleqtion, Inc." and listing on the New York Stock Exchange under the ticker symbol "INFQ" on February 17, 2026. https://www.sec.gov/Archives/edgar/data/2007825/0001193125-26-041848.txt - 2026-02-12 · 425 (0001193125-26-048995): 425 - Churchill Capital Corp X/Cayman — *Infleqtion is a global leader in quantum sensing and quantum computing powered by neutral-atom technology, designing and building quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions.* Churchill Capital Corp X shareholders approved the previously announced business combination with Infleqtion, Inc. (d/b/a ColdQuanta, Inc.) on February 12, 2026, with over 90% of votes cast in favor. Churchill will deliver approximately $551.4 million of gross transaction proceeds to Infleqtion, consisting of approximately $424.8 million from the trust account and $126.5 million from a private placement. Upon closing, Churchill will domesticate from the Cayman Islands to Delaware and be renamed Infleqtion, Inc., with shares expected to list on the NYSE under ticker "INFQ" on February 17, 2026. The transaction is expected to close on February 13, 2026. https://www.sec.gov/Archives/edgar/data/2007825/0001193125-26-048995.txt - 2026-02-17 · 8-K (0001193125-26-053097): 8-K 8-K https://www.sec.gov/Archives/edgar/data/2007825/000119312526053097/d900344d8k.htm ## Citations - 0001193125-26-005209 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526005209 - 0001193125-26-007704 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526007704 - 0001193125-26-024383 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526024383 - 0001193125-26-035824 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526035824 - 0001193125-26-042888 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526042888 - 0001193125-26-041848 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526041848 - 0001193125-26-048995 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526048995 - 0001193125-26-053097 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526053097