| Cash Flow | 2026-06-30 |
|---|---|
| Cash beginning of period | 0 |
| Net income | 2,238,110 |
| Interest earned on marketable securities and cash held in trust account | 2,522,490 |
| Prepaid expenses applied to general and administrative costs | 4,503 |
| Payment of general and administrative costs through promissory note related party | 58,670 |
| Prepaid expenses | 294,873 |
| Lt prepaid insurance | -245,605 |
| Accrued expenses | 3,561 |
| Net cash used in operating activities | -758,124 |
| Investment of cash into trust account | 414,000,000 |
| Net cash used in investing activities | -414,000,000 |
| Proceeds from sale of public units, net of underwriting discounts paid | 407,790,000 |
| Proceeds from sale of private placement units | 3,500,000 |
| Underwriters reimbursement | 4,710,000 |
| Repayment of ipo promissory note - related party | 285,138 |
| Payment of offering costs | 378,514 |
| Net cash provided by financing activities | 415,336,348 |
| Net change in cash | 578,224 |
| Deferred offering costs paid through ipo promissory note related party | 146,965 |
| Prepaid expenses paid by sponsor through the ipo promissory note related party | 75,000 |
| Cash end of period | 578,224 |
Churchill Capital Corp XII (CXIIW)
Churchill Capital Corp XII (CXIIW)