---
title: "Churchill Capital XII Q2 net income rises to $2.28 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295712191.md"
description: "Churchill Capital Corp. XII reported a Q2 net income of $2.28 million for the quarter ended June 30, 2026. The company recorded $2.52 million in trust account interest income against $239,583 in general and administrative expenses. As of June 30, 2026, trust account marketable securities totaled $416.52 million, with $578,224 held in cash outside the trust. Additionally, Paul Lapping was appointed audit committee chair on July 13, 2026."
datetime: "2026-08-12T21:24:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295712191.md)
  - [en](https://longbridge.com/en/news/295712191.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295712191.md)
generator: "portal-rs"
---

# Churchill Capital XII Q2 net income rises to $2.28 million

-   Churchill Capital Corp. XII posted net income of $2.28 million for the quarter ended June 30, 2026. \* Interest income in the trust account totaled $2.52 million; general and administrative expenses were $239,583. \* Trust account marketable securities stood at $416.52 million as of June 30, 2026; cash outside the trust was $578,224. \* Board appointed Paul Lapping on July 13, 2026, naming him audit committee chair; director pay set at $75,000 annually from Aug. 1. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Churchill Capital Corp. XII published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-088482), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

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

## Related News & Research

- [Corning sets Q3 2026 dividend at R$ 0.25 per unit](https://longbridge.com/en/news/296635714.md)
- [Northrop Grumman announces R$ 0.17 per unit dividend for Q3 2026](https://longbridge.com/en/news/296645808.md)
- [Axian Telecom releases Q2 2026 results presentation](https://longbridge.com/en/news/296807653.md)
- [BetterLife Pharma delays annual general meeting to Oct. 14, 2026](https://longbridge.com/en/news/296799901.md)
- [Xcel Energy sets BRL 0.26 per unit distribution for payment Oct. 26, 2026](https://longbridge.com/en/news/296646864.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**