4//SEC Filing
Klein Michael Stuart 4
Accession 0001213900-25-123947
CIK 0002074973other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 5:16 PM ET
Size
10.1 KB
Accession
0001213900-25-123947
Insider Transaction Report
Form 4
Klein Michael Stuart
DirectorSee Remarks10% Owner
Transactions
- Purchase
Class A Ordinary Shares
2025-12-18$10.00/sh+500,000$5,000,000→ 14,300,000 total(indirect: See footnote)
M. Klein Associates, Inc.
10% Owner
Transactions
- Purchase
Class A Ordinary Shares
2025-12-18$10.00/sh+500,000$5,000,000→ 14,300,000 total(indirect: See footnote)
CHURCHILL SPONSOR XI LLC
10% Owner
Transactions
- Purchase
Class A Ordinary Shares
2025-12-18$10.00/sh+500,000$5,000,000→ 14,300,000 total(indirect: See footnote)
Footnotes (2)
- [F1]Represents (1) shares underlying the private placement units (each unit consisting of one Class A ordinary share and one-tenth of one warrant, each whole warrant exercisable to purchase one Class A ordinary share) directly held by Churchill Sponsor XI LLC (the "Sponsor"), and which were acquired pursuant to a Private Placement Units Purchase Agreement by and between the Sponsor and Churchill Capital Corp XI (the "Issuer"); and (2) 13,800,000 Class B ordinary shares, which shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-291626) and the registration statement on Form S-1MEF (File No. 333-292183).
- [F2]Michael Klein, the Chief Executive Officer, President and a director of the Issuer, is the controlling shareholder of M. Klein Associates, Inc., which is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Mr. Klein may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Mr. Klein disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Documents
Issuer
Churchill Capital Corp XI
CIK 0002074973
Entity typeother
Related Parties
1- filerCIK 0001327392
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 5:16 PM ET
- Size
- 10.1 KB