The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 382,098 |
| Payment of operation costs through promissory note | 76,717 |
| Interest earned on cash held in trust account | 549,783 |
| Prepaid expenses | -7,203 |
| Prepaid insurance | 307,750 |
| Long-term prepaid insurance | 296,995 |
| Accounts payable and accrued expenses | 55,666 |
| Net cash used in operating activities | -632,844 |
| Investment of cash in trust account | 414,000,000 |
| Net cash used in investing activities | -414,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 407,790,000 |
| Proceeds from sale of private placement units | 5,000,000 |
| Underwriters reimbursement | -3,210,000 |
| Repayment of ipo promissory note - related party | 356,062 |
| Payment of offering costs | 274,890 |
| Net cash provided by financing activities | 415,369,048 |
| Net change in cash | 736,204 |
| Cash end of period | 736,204 |
Churchill Capital Corp XI (CCXIU)
Churchill Capital Corp XI (CCXIU)