Churchill Resources closes C$0.7M placement

Churchill Resources closes C$0.7M placement

Churchill Capital Corp X (CCCXU) has announced that starting July 7, 2025, holders of the units sold in the Company's initial public offering will have the option to separately trade the Company's Class A ordinary shares and warrants. The units will be separated into Class A ordinary shares trading under the symbol "CCCX" and warrants trading under the symbol "CCCXW." The remaining units will continue to trade under the symbol "CCCXU" on the Nasdaq Global Market.

The press release emphasizes that this announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company. It also notes that the Company was formed by Michael Klein, the founder and managing partner of M. Klein and Company, LLC, with the purpose of pursuing a business combination with one or more businesses in any industry.

The press release contains forward-looking statements, which are subject to numerous conditions and risks. These statements are based on the Company's current beliefs and assumptions and may differ materially from actual results due to various factors, including those detailed in the Company's filings with the Securities and Exchange Commission (SEC).

For more information, contact Steve Lipin or Michael Landau at Gladstone Place Partners at 212-230-5930.

[1] https://www.prnewswire.com/news-releases/churchill-capital-corp-x-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-warrants-commencing-july-7-2025-302497208.html