Welcome to our dedicated page for Churchill Capital XI SEC filings (Ticker: CCXI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Churchill Capital Corp XI filings document the regulatory record of a Nasdaq-listed SPAC, including its Class A ordinary shares, warrants, capital structure, shareholder voting matters, and material-event disclosures. The filings identify the company as a Cayman Islands issuer with ordinary shares and warrants listed on The Nasdaq Stock Market.
The company’s 8-K disclosures also report governance changes, including board appointments and audit and compensation committee assignments. For this issuer type, the filing record centers on SPAC mechanics, security terms, shareholder approvals, material events, and governance controls rather than operating-company product or revenue disclosures.
Agility Robotics and Churchill Capital Corp XI disclosed a proposed business combination to take Agility public via a SPAC transaction. The communication, provided to Agility employees, explains the transaction structure, required SEC review and shareholder approvals, anticipated listing under ticker AGLT, potential employee liquidity, and customary risks including shareholder redemptions and regulatory review. The message reiterates that the deal has not closed and that timing and final terms remain subject to closing conditions.
Churchill Capital Corp XI disclosed materials circulated to Agility Robotics employees about the proposed business combination between Churchill and Agility Robotics, Inc.
The communication explains Churchill will file a Form S-4 registration statement that will include preliminary and definitive proxy statements and a prospectus to solicit votes and effect the transaction.
Churchill Capital Corp XI entered into a merger agreement to combine with Agility Robotics, using a $2,500,000,000 pre-money equity valuation to calculate the exchange ratio for Company stockholders. The transaction contemplates Churchill domesticating to Delaware as “Agility Robotics, Inc.” and issuing post-closing common stock to former Company holders.
The deal requires customary SPAC closing conditions, including shareholder approvals, Nasdaq listing of the post-domestication common stock, SEC effectiveness of a Form S-4 registration statement and a Minimum Cash Condition that Available Closing SPAC Cash be at least $200,000,000 at closing. A PIPE investment of approximately $200 million at $10.00 per share is committed to close immediately prior to the merger.
Churchill Capital Corp XI entered into a definitive merger agreement with Agility Robotics, Inc., valuing Agility at a pre-money equity value of $2.5 billion. After a domestication to Delaware, Churchill will be renamed Agility Robotics, Inc. and Agility will become its wholly owned subsidiary.
The combination is expected to provide more than $620 million of gross proceeds, including a $200 million PIPE investment in common stock at $10.00 per share, with all existing Agility shareholders rolling their equity. Closing is subject to shareholder approvals, an effective Form S-4, Nasdaq listing of the domesticated SPAC common stock, and a $200 million minimum available cash condition.
Agility reports over $300 million of multi‑year orders for its Digit v5 humanoid robots, deployment commitments across nine facilities with more than 65,000 operating hours, and manufacturing capacity designed for up to 10,000 units annually. Churchill also entered into related voting, registration rights, sponsor, subscription and advisory agreements, including an advisory agreement paying $250,000 per quarter for two years after closing.
Churchill Capital Corp XI reported its first full quarter as a public SPAC for the three months ended March 31, 2026, posting net income of $3,171,373. Results were driven by interest income of $3,545,046 on $418,094,829 of marketable securities and cash held in the Trust Account, partially offset by general and administrative costs of $373,673.
At quarter-end the company held cash of $410,097 outside the Trust Account and reported working capital of $635,351, with no borrowings under its working capital loan facilities. The balance sheet reflected 41,400,000 Class A ordinary shares subject to possible redemption at an aggregate redemption value of $417,094,829 and a deferred underwriting fee payable of $15,990,000.
Churchill Capital XI remains a pre‑combination blank check company focused on identifying a target business within its 24–27 month Combination Period ending no later than December 18, 2027. Subsequent to quarter-end, on April 16, 2026, it withdrew $1,000,000 from the Trust Account for working capital purposes, within the permitted annual withdrawal limit tied to interest earned.
Churchill Capital Corp XI ownership update: MMCAP International Inc. SPC and MM Asset Management Inc. report beneficial ownership of 2,700,000 Class A Ordinary Shares, representing 6.4% of the class.
The joint filing lists shared voting and dispositive power over the 2,700,000 shares. The filing is an amendment (No. 2) to a Schedule 13G/A and is signed on 05/08/2026.
Churchill Capital Corp XI is a Cayman Islands-based special purpose acquisition company formed in June 2025 to complete a business combination within a defined timeframe. It has not yet selected a target and has generated no operating revenues.
The company completed an initial public offering on December 18, 2025 of 41,400,000 public units at $10.00 each, raising $414,000,000, and a concurrent private placement of 500,000 units for $5,000,000. A total of $414,000,000, including $411,000,000 of IPO proceeds and $3,000,000 of private placement proceeds, was placed in a trust account.
Churchill must complete its initial business combination by December 18, 2027, or by March 18, 2028 if a qualifying agreement is in place by December 18, 2027, or else liquidate and return trust funds to public shareholders. As of December 31, 2025, the redemption price was approximately $10.01 per public share and funds outside the trust were $736,204. As of March 26, 2026, there were 41,900,000 Class A and 13,800,000 Class B ordinary shares outstanding.
Churchill Capital Corp XI director Paul Lapping filed an initial Form 3, which records his status as a director and establishes his baseline beneficial ownership reporting position. The filing shows no reported transactions or derivative positions and serves as a compliance disclosure for his new insider role.
Churchill Capital Corp XI director Stephen Anthony Murphy filed an initial ownership report on Form 3. The data provided shows no reported transactions or holdings, with buy, sell, acquire, and dispose share counts all at zero and net activity neutral.
Churchill Capital Corp XI reported governance changes, appointing Paul Lapping and Stephen Murphy to its board of directors, effective immediately. Both will join the compensation and audit committees, with Lapping becoming chair of the audit committee, replacing William Sherman, who remains a committee member.
The company entered into director agreements with Sherman, Lapping and Murphy providing cash compensation of $75,000 per year starting April 1, 2026. Lapping and Murphy also signed the existing sponsor letter agreement, waiving certain redemption rights and agreeing to vote their shares in favor of an initial business combination, and each entered into a standard director indemnification agreement.