Churchill Capital Corp XI Form 8-K Filing

This Form 8-K filing by Churchill Capital Corp XI reports on the consummation of its initial public offering (IPO) of 41,400,000 units, including an over-allotment option exercise, for a total of $414,000,000. Each unit consists of one Class A ordinary share and one-tenth of a redeemable warrant, sold at $10.00 per unit. The filing details various agreements entered into in connection with the IPO, including an Underwriting Agreement, Public and Private Warrant Agreements, an Investment Management Trust Agreement, a Registration Rights Agreement, and a Private Placement Units Purchase Agreement with the Company's sponsor. It also notes the private sale of 500,000 units to the sponsor for $5,000,000. Additionally, the report announces the appointment of William Sherman to the board of directors and its committees, and the entry into indemnity agreements with officers and directors. Amendments to the Company's memorandum and articles of association were filed, and proceeds from the IPO and private placement were placed in a trust account, subject to specific release conditions related to a future business combination. The filing includes press releases announcing the IPO pricing and closing.