Welcome to our dedicated page for CHURCHILL CAP XI news (Ticker: CCXIU), a resource for investors and traders seeking the latest updates and insights on CHURCHILL CAP XI stock.
Churchill Capital Corp XI is a blank-check company whose news centers on SPAC governance, shareholder voting matters, and security-structure disclosures. Coverage for CCXIU includes updates tied to capital structure, public securities, warrant terms, redemption-related mechanics, and other corporate actions that define the company before any completed operating-business combination.
Churchill Capital Corp XI (Nasdaq: CCXIU) completed an upsized initial public offering on Dec 18, 2025, selling 41,400,000 units at $10.00 per unit for gross proceeds of $414,000,000, including the full exercise of a 5,400,000-unit over-allotment option.
Each unit contains one Class A ordinary share and one-tenth of a redeemable warrant; each whole warrant carries an $11.50 exercise price. The units began trading Dec 17, 2025 on the Nasdaq Global Market under CCXIU, with Class A shares and warrants expected to trade separately as CCXI and CCXIW when split.
The offering proceeds, plus a concurrent private placement, placed $414,000,000 in a trust. Citigroup served as sole book-running manager. The company was formed to pursue a business combination; founder is Michael Klein.