Churchill Capital X Shareholders Approve Merger with Infleqtion, Raising Over $550 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
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Churchill Capital Corp X "announced that its shareholders have approved the previously announced business combination with Infleqtion, Inc., a global leader in quantum sensing and quantum computing powered by neutral-atom technology. The strong support from Churchill X's shareholders is expected to result in Infleqtion receiving over $550 million of gross proceeds, including nearly 100% of the cash held in Churchill X's trust account prior to the redemption deadline and more than $125 million of incremental capital raised through a common stock PIPE at the transaction valuation from leading existing Infleqtion stockholders and new institutional investors."
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
