[Form 3] Churchill Capital Corp X Unit Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Paul Lapping, a Director of Churchill Capital Corp X/Cayman (CCCX), filed an initial Form 3 reporting the event date 08/01/2025. The filing lists his address as 640 Fifth Avenue, New York, NY 10019 and indicates that no securities are beneficially owned by the reporting person. The form is signed and dated 08/11/2025.

Positive

• Initial Form 3 filed disclosing status as Director and providing required information
• Form manually signed and dated 08/11/2025

Negative

• No securities are beneficially owned by the reporting person as disclosed on the Form 3

Insights

Corporate Governance Analyst

Director disclosed no ownership in the issuer.

The filing shows that Paul Lapping serves as a Director of Churchill Capital Corp X/Cayman (CCCX) and reported no beneficial ownership of the issuer's securities as of the event date 08/01/2025. This is a factual disclosure of holdings rather than a transaction.

The disclosure is relevant to investor transparency because director ownership levels can influence alignment with shareholders; here, the record shows zero holdings reported on an initial Form 3.

Compliance Officer

Initial Form 3 was filed and signed, meeting Section 16 disclosure.

The document is an initial Section 16(a) statement and includes a manual signature dated 08/11/2025, indicating the reporting person completed the required filing. The form explicitly states no securities are beneficially owned, which is a valid disclosure under the form's instructions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lapping Paul

(Last) (First) (Middle)

640 FIFTH AVENUE, 14TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/01/2025

3. Issuer Name and Ticker or Trading Symbol
Churchill Capital Corp X/Cayman [ CCCX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ Paul Lapping	08/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 filed by Paul Lapping for CCCX/CCCXU disclose?

The Form 3 discloses that Paul Lapping, a Director of Churchill Capital Corp X/Cayman (CCCX), reported no beneficial ownership of the issuer's securities as of 08/01/2025.

When was the Form 3 signed and filed?

The Form 3 includes a signature dated 08/11/2025 and lists the event date as 08/01/2025.

What is the reporting person's address on the Form 3?

The filing lists the address as 640 Fifth Avenue, 14th Floor, New York, NY 10019.

Does the Form 3 show any derivative or non-derivative holdings?

No. The Form 3 explicitly states: No securities are beneficially owned and lists no derivative or non-derivative holdings.

What relationship to the issuer does the reporting person have?

The filing marks the reporting person as a Director of the issuer.