Recent Updates — CXII

Churchill Capital Corp XII appointed Paul Lapping as a director, a member of the compensation committee, and the chairperson of the Audit Committee, replacing William Sherman. The company entered into director compensation agreements with William Sherman and Paul Lapping, which provide for annual cash compensation of $75,000 per annum starting August 1, 2026. Churchill Capital Corp XII is a special purpose acquisition company (SPAC) focused on identifying and completing a business combination.

Churchill Capital Corp XII announced that starting June 17, 2026, holders of its initial public offering units can elect to separately trade Class A ordinary shares and redeemable warrants. The Class A ordinary shares will trade under the symbol CXII and the Warrants will trade under the symbol CXIIW on the Nasdaq Global Market. Churchill Capital Corp XII is a special purpose acquisition company operating in the financial services sector.