Every 8-K that Churchill Capital Corp X Warrants (CCCXW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CCCXW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CCCXW filings page.
Infleqtion, Inc. reported first-quarter 2026 revenue of $9.5 million, up 14% year over year, driven by quantum computing, sensing, and software demand in national security, space, and hybrid quantum‑AI applications. The company raised its 2026 revenue outlook to at least $40 million.
Despite higher revenue, Infleqtion recorded a GAAP net loss of $30.3 million versus a $6.0 million loss a year earlier, as research and development reached $10.0 million and selling, general and administrative expenses rose to $26.3 million, including $11.5 million of go‑public transaction expenses. Non‑GAAP net loss was $9.9 million.
Liquidity strengthened significantly, with cash and cash equivalents of $84.7 million, current available-for-sale securities of $358.9 million, and non-current available-for-sale securities of $125.1 million as of March 31, 2026, supported by $528.2 million of cash from recapitalization and conversion of $296.8 million of preferred stock into common equity.
Infleqtion, Inc. appointed Nicholas Johnson as a Class III director, with his term running until the company’s 2029 annual meeting of stockholders, under board and nominating committee approval and a prior merger agreement designation right.
Johnson, age 38, is a Partner at Archimedes Advisor Group and Managing Director at M. Klein & Company. Because M. Klein & Company is party to an advisory agreement with Infleqtion, the board determined he is not independent under New York Stock Exchange rules and did not assign him to any standing committees.
Under the existing advisory agreement, Infleqtion pays the advisor $250,000 per quarter for two years from closing, and may pay additional fees of 5% of underwriting fees on capital markets financings and 3% of gross proceeds on strategic investments when the advisor is engaged. While this agreement remains in effect, Johnson will not receive compensation under the company’s non-employee director compensation policy, and the company notes there are no other related-party transactions with him beyond the advisory and indemnification arrangements.
Infleqtion, Inc. reported full-year 2025 results and issued 2026 revenue guidance of $40 million, reflecting what it describes as growing demand for its quantum sensing and computing solutions. For 2025, loss from operations was $35.3 million, improving from $53.0 million in 2024.
On a non-GAAP basis, Infleqtion reported a 2025 non-GAAP operating loss of $28.1 million and a non-GAAP net loss of $24.6 million, both narrower than 2024. Stock-based compensation totaled $3.1 million in 2025, down from $3.7 million in 2024. The company will discuss these results and its outlook on an April 8, 2026 conference call.
Infleqtion, Inc. filed an amendment to a prior report to add full-year 2025 and 2024 audited financial statements and MD&A for ColdQuanta, Inc. dba Infleqtion (Legacy Infleqtion).
Legacy Infleqtion generated $32.5 million in 2025 revenue and reported a $31.8 million net loss, an improvement from a $53.8 million loss in 2024, while using $24.1 million of operating cash and ending 2025 with $11.9 million in cash, cash equivalents and restricted cash.
The notes describe its quantum technology business, heavy reliance on U.S. and U.K. government customers, significant preferred equity financing, SAFE note conversion, and a Business Combination with Churchill Capital Corp X that created Infleqtion, Inc., which had 216,471,927 common shares outstanding immediately after closing, with approximately 70.1% of voting rights held by Legacy Infleqtion securityholders.
Infleqtion, Inc. filed an amended report about its change in independent auditor. The Audit Committee approved dismissing WithumSmith+Brown, PC after completion of the audit for the year ended December 31, 2025, and Withum was dismissed on March 31, 2026.
Withum’s reports contained no adverse opinions or scope qualifications, but did include a substantial doubt about the company’s ability to continue as a going concern. The company reports no disagreements or reportable events with Withum and has engaged KPMG LLP as its new independent registered public accounting firm for the year ending December 31, 2026.
Infleqtion, Inc. is changing its independent auditor. On March 20, 2026, the Audit Committee approved the dismissal of WithumSmith+Brown, PC as auditor, effective after Withum completes the audit of the Company’s consolidated financial statements for the year ended December 31, 2025.
Withum’s prior report on Churchill Capital Corp X’s 2024 financial statements contained no adverse opinions or qualifications, and there were no disagreements or reportable events under SEC rules. The Company has requested a confirmation letter from Withum, filed as Exhibit 16.1.
The Audit Committee also approved engaging KPMG LLP as Infleqtion’s independent auditor for the year ending December 31, 2026, subject to Churchill’s 2025 Form 10-K filing and execution of an engagement letter. The Company states it did not consult KPMG on accounting or audit matters before this engagement.
Infleqtion, Inc. has completed its business combination with SPAC Churchill Capital Corp X, converting from a Cayman entity into a Delaware corporation and emerging as a publicly traded quantum technology company. Legacy Infleqtion stockholders received an aggregate 151,804,988 shares of common stock, implying a $1.8 billion equity value at a deemed $10.00 per share.
The deal included a PIPE financing in which investors purchased 12,654,760 shares of common stock for $126.5 million. Immediately after closing, the company had 216,471,927 shares outstanding, with Legacy Infleqtion holders owning 70.1%, Churchill public shareholders 19.1%, the sponsor 5.0% and PIPE investors 5.8%.
Churchill’s former shareholders now hold 24.0% of the company, and Churchill ceased to be a shell company. The combined company will trade on the NYSE under the symbols INFQ and INFQ WS, has adopted new charter documents, board committees and compensation plans, and implemented 2026 equity incentive and employee stock purchase plans.
Churchill Capital Corp X reported that its shareholders overwhelmingly approved its proposed business combination with Infleqtion, Inc., a quantum sensing and quantum computing company. More than 90% of votes cast supported the deal and related proposals at the extraordinary shareholder meeting.
Redemptions were minimal: holders of 37,821 Class A shares, about 0.09% of the class, redeemed for a pro rata $388,453.90, or roughly $10.27 per share. As a result, the transaction is expected to deliver about $551.4 million of gross proceeds to Infleqtion, including approximately $424.8 million from the trust account and $126.5 million from a previously announced private placement.
Churchill will domesticate from the Cayman Islands to Delaware and be renamed Infleqtion, Inc. The combined company’s common stock and warrants are expected to trade on the NYSE under the symbols “INFQ” and “INFQ WS,” with closing of the transaction targeted for February 13, 2026, subject to customary conditions and NYSE listing requirements.