Churchill Corp X Announces Transfer of Listing of Securities to the New York Stock Exchange and Change in Ticker Symbol Combined Company to Trade on NYSE as “INFQ” (Form 8-K)

Churchill Corp X Announces Transfer of Listing of Securities to the New York Stock Exchange and Change in Ticker Symbol

Combined Company to Trade on NYSE as "INFQ"

New York, February 3, 2026 - Churchill Capital Corp X ("Churchill X"), a special purpose acquisition company, today announced Churchill X's intent to transfer the listing of its Class A ordinary shares, par value $0.0001 per share (the "Class A Ordinary Shares") and public warrants (the "CCX Warrants") (each, the Common Stock and Warrants following transactions contemplated by the Business Combination, as defined below), from the Nasdaq Stock Market LLC ("Nasdaq") to the New York Stock Exchange (the "NYSE") following, and subject to the completion of, its previously announced business combination with ColdQuanta, Inc. (d/b/a Infleqtion) ("Infleqtion", and such related transactions, the "Business Combination"). In connection with the Business Combination, Churchill X will transfer its registration by way of continuation from the Cayman Islands to the State of Delaware and: (1) each Class A Ordinary Share will automatically convert, on a one-for-one basis, into one share of common stock of Churchill X (the "Common Stock"); and (2) each of the issued and outstanding CCX Warrants will automatically convert into a warrant ("Warrant") to acquire a corresponding number of shares of the Common Stock, on a one-for-one basis. In addition, prior to the closing of the Business Combination, each unit of CCX sold in its initial public offering ("Unit") will be separated into one Class A Ordinary Share and one-quarter of one CCX Warrant. The Units will no longer be listed on Nasdaq following the closing of the Business Combination.

Churchill X expects that the listing and trading of its Class A Ordinary Shares, CCX Warrants and Units will end at market close on February 13, 2026 and that trading of the Common Stock and Warrants will begin on the NYSE at the market open on February 17, 2026. Following the completion of the Business Combination, we expect that the Common Stock and Warrants will trade on the NYSE under the symbols "INFQ" and "INFQ WS", respectively.

As previously announced, Churchill X will hold the Extraordinary General Meeting via live webcast at https://www.cstproxy.com/churchillcapitalx/2026 on February 12, 2026 at 10:00 a.m. Eastern Time for its shareholders of record at the close of business on January 13, 2026 to vote on the Business Combination, among other things. The definitive proxy statement/prospectus with respect to the Business Combination, together with a proxy card for voting, has been mailed to Churchill X's shareholders. Shareholders are encouraged to attend the Extraordinary General Meeting and to vote as soon as possible by signing, dating and returning the proxy card enclosed with the definitive proxy statement/prospectus. If you have any questions, please contact Sodali & Co., Churchill X's proxy solicitor, at (800) 662-5200.

About Churchill Capital Corp X

Churchill X is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue an initial business combination target in any business or industry.

About Infleqtion

Infleqtion is a global leader in quantum sensing and quantum computing, powered by neutral atom technology. Infleqtion designs and builds quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions. Infleqtion's commercial portfolio includes quantum computers as well as quantum RF systems, quantum clocks, and inertial navigation solutions. Infleqtion is the partner of choice for governments and commercial customers seeking cutting-edge quantum capabilities. Infleqtion announced in September 2025 it plans to go public via a merger with Churchill X (NASDAQ: CCCX). For more information, visit Infleqtion.com or follow Infleqtion on LinkedIn, YouTube, and X.

Additional Information and Where to Find It

The proposed transaction will be submitted to shareholders of Churchill X for their consideration. Churchill X has filed a registration statement on Form S-4 with the Securities and Exchange Commission (the "SEC"), which was declared effective by the SEC on January 23, 2026, and which includes a definitive proxy statement/prospectus. The definitive proxy statement/prospectus and other relevant documents have been mailed to Infleqtion stockholders and Churchill X shareholders as of January 13, 2026, the record date established for voting on the proposed transaction, in connection with Churchill X's solicitation of proxies for the vote by Churchill X's shareholders in connection with the proposed transaction and other matters described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Infleqtion stockholders in connection with the completion of the proposed transaction. Before making any voting or investment decision, Churchill X shareholders, Infleqtion stockholders and other interested persons are advised to read the definitive proxy statement/prospectus, as well as other documents filed with the SEC by Churchill X in connection with the proposed transaction, as these documents contain important information about Churchill X, Infleqtion and the proposed transaction. Shareholders may obtain a copy of the definitive proxy statement/prospectus, as well as other documents filed by Churchill X with the SEC, without charge, at the SEC's website located at www.sec.gov or by directing a written request to Churchill Capital Corp X, 640 Fifth Avenue, 12th Floor, New York, NY 10019.