February 12, 2026 · Form 4 insider transaction
Klein Michael Stuart sold 10,350,000 shares of INFQ, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 5 days after the transaction.
In connection with the transactions consummated on February 13, 2026 pursuant to that certain Agreement and Plan of Merger and Reorganization Agreement, dated as of September 8, 2025 (the "Merger Agreement"), by and among Infleqtion, Inc. (the "Issuer") (f/k/a Churchill Capital Corp X ("CCX")), AH Merger Sub I, Inc., a wholly owned subsidiary of the Issuer ("Merger Sub I"), AH Merger Sub II, LLC, a wholly owned subsidiary of the Issuer ("Merger Sub II") and ColdQuanta, Inc. (d/b/a Infleqtion), a Delaware corporation ("Legacy Infleqtion"). Pursuant to the Merger Agreement, and on the terms and subject to the satisfaction or waiver of the conditions set forth therein, the parties effected a business combination transaction by which Merger Sub I merged with and into the Legacy Infleqtion, with Legacy Infleqtion continuing as the surviving corporation and a wholly-owned subsidiary of the Issuer ("First Merger"),; (Continued from footnote 1) and immediately following the First Merger, the surviving corporation of the First Merger merged with and into Merger Sub II, with Merger Sub II continuing as the surviving entity (the "Second Merger" and, together with the First Merger, the "Mergers").; The Issuer effected a deregistration under Article 41 of CCX's amended and restated memorandum and articles of association and Section 206 of the Companies Act (As Revised) of the Cayman Islands and a domestication under Section 388 of the Delaware General Corporation Law, pursuant to which CCX's jurisdiction of incorporation changed from the Cayman Islands to the State of Delaware (the "Domestication"). Effective upon the Domestication, (i) each Class B ordinary share of the Issuer automatically converted into a Class A ordinary share (the "Class A Ordinary Share") on a one-to-one basis, and (ii) each Class A Ordinary Share converted into common stock, par value $0.0001 per share ("Common Stock"), of the Issuer, Infleqtion, Inc., on a one-to-one basis. The reporting person now holds Common Stock of the Issuer rather than Class A Ordinary Shares in a Cayman Islands company.; The reported shares and warrants of the Issuer are directly held by the Sponsor. Michael Klein is the controlling stockholder of M. Klein Associates, Inc., which is the managing member of the Sponsor. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, or otherwise, any of the Reporting Persons is the beneficial owner of any securities reported herein. The Reporting Persons disclaim beneficial ownership of any securities of the Issuer except to the extent of such Reporting Person's pecuniary interest therein.