--- 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) generator: "portal-rs" --- # 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 - [13:12 ETOnterris, Inc. (ONT) Securities Investigation Notice - Levi & Korsinsky](https://longbridge.com/en/news/296384214.md) - [PDS Biotechnology Says Lars Boesgaard To Resign As CFO Effective September 12](https://longbridge.com/en/news/296400297.md) - [Dear Nebius Stock Fans, Mark Your Calendars for August 12](https://longbridge.com/en/news/295302368.md) - [Why Wheaton Precious Metals zoomed 11% higher today](https://longbridge.com/en/news/296415311.md) - [13:12 ETPRCT DEADLINE: Levi & Korsinsky Reminds PROCEPT BIOROBOTICS CORPORATION Investors of Upcoming Securities Class Action Deadline](https://longbridge.com/en/news/296384321.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**