INFQ-WT Infleqtion, Inc.
Price Chart
Executive Summary
Infleqtion appointed Nicholas Johnson as a Class III director, effective May 8, 2026, pursuant to a contractual right held by Churchill Sponsor X LLC under the merger agreement. Mr. Johnson is a partner at Archimedes Advisor Group and managing director of M. Klein & Company, the company's financial advisor under a quarterly $250,000 advisory agreement. The appointment is a routine governance step tied to the de-SPAC structure and carries no material financial or strategic implications for the company.
Actionable Insight
This is a routine board appointment with no trading signal. The advisory agreement and director designation rights were already disclosed at the time of the de-SPAC merger. Monitor future 8-Ks for any changes to the advisory agreement or sponsor-related transactions.
Key Facts
- Nicholas Johnson appointed as Class III director on May 8, 2026, term expiring at 2029 annual meeting.
- Appointment made pursuant to Section 8.09 of the Merger Agreement, granting Churchill Sponsor X LLC the right to designate one Class III director.
- Mr. Johnson is not independent under NYSE listing standards due to his role at M. Klein & Company, the company's financial advisor.
- Mr. Johnson will not receive compensation under the Non-Employee Director Compensation Policy while the Advisory Agreement is in effect.
- Advisory Agreement pays M. Klein & Company $250,000 per quarter for two years from closing, plus potential success fees.
Financial Impact
No direct financial impact; advisory agreement fees of $250,000 per quarter were previously disclosed.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-222903 |
| Document: 0001193125-26-222903-index-headers.html | 0001193125-26-222903 |
| Document: 0001193125-26-222903-index.html | 0001193125-26-222903 |
| Document: 0001193125-26-222903.txt | 0001193125-26-222903 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 14, 2026
9d ago
|
8-K
| — | awaiting T+20 | — | — |
|
May 14, 2026
9d ago
|
8-K
| $6.83 awaiting T+20 | awaiting T+20 | — | — |
|
Apr 8, 2026
6w ago
|
8-K
| — | awaiting T+20 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access