---
title: "Churchill Capital XI - Unit | 10-K: FY2025 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280691213.md"
datetime: "2026-03-26T21:30:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280691213.md)
  - [en](https://longbridge.com/en/news/280691213.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280691213.md)
---

# Churchill Capital XI - Unit | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.02.

EBIT: As of FY2025, the actual value is USD -717.47 K.

### Segment Revenue

Churchill Capital Corp XI has not generated operating revenues to date and does not anticipate doing so until after its initial Business Combination . The company did generate non-operating interest income of $549,783 from cash held in the Trust Account for the period from June 4, 2025, through December 31, 2025 .

### Operational Metrics

#### Net Income

For the period from June 4, 2025, through December 31, 2025, Churchill Capital Corp XI reported a net income of $382,098 .

#### Operating and Formation Costs

During the same period, operating and formation costs totaled $167,685 .

### Cash Flow

#### Cash in Operating Account

As of December 31, 2025, Churchill Capital Corp XI held $736,204 in its operating account .

#### Marketable Securities and Cash Held in Trust Account

As of December 31, 2025, marketable securities and cash in the Trust Account amounted to $414,549,783, including $549,783 of interest income .

#### Working Capital

The company’s working capital was $932,087 as of December 31, 2025 .

### Unique Metrics

#### Deferred Underwriting Fee Payable

A deferred underwriting fee of $15,990,000 is due upon the completion of the initial Business Combination .

#### Permitted Withdrawals

As of December 31, 2025, $549,783 of the interest earned in the Trust Account was available for Permitted Withdrawals, subject to an annual limit of $1,000,000 .

#### Transaction Costs

Total transaction costs were $19,618,232, which included a $3,000,000 cash underwriting fee (net of $3,210,000 underwriter’s reimbursement), the $15,990,000 Deferred Fee, and $628,232 in other offering costs .

### Outlook / Guidance

Churchill Capital Corp XI may require additional financing to finalize its Business Combination or address significant redemptions, potentially through issuing more securities or incurring debt . There is no guarantee that new financing will be available on favorable terms, which could necessitate curtailing operations or suspending potential transactions to conserve liquidity .

### Related Stocks

- [CCXIU.US](https://longbridge.com/en/quote/CCXIU.US.md)

## Related News & Research

- [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md)
- [Eli Lilly Retatrutide 12 Mg Achieved 30.3% Average Weight Loss At 104 Weeks In Extension](https://longbridge.com/en/news/287203984.md)
- [Legend Power Systems Announces $1.3 Million in Orders for 12 SmartGATE Systems as Enhanced Customer Value Strategy Gains Traction | LPSIF Stock News](https://longbridge.com/en/news/287209736.md)
- [12:46 ETSpring Cleaning Starts in the Garage: A Step-by-Step Cleanout Guide for Homeowners](https://longbridge.com/en/news/286946537.md)
- [09:12 ETOctane Closes $350 Million Forward-Flow Agreement with Nuveen](https://longbridge.com/en/news/287072724.md)