{"filing":{"accession_number":"0001213900-26-075480","cik":"0002074973","ticker":"CCXIW","company_name":"Churchill Capital Corp XI","form":"8-K","filing_date":"2026-07-06","report_date":null,"primary_document":"ea0296510-8k_church11.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2074973/000121390026075480/ea0296510-8k_church11.htm"},"events":[{"id":17074,"run_id":15285,"accession_number":"0001213900-26-075480","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Churchill Capital Corp XI issued an unsecured promissory note of up to $1,500,000 to its sponsor for working capital needs. Although the note is convertible into equity units at the sponsor's option, the primary transaction is the creation of a direct financial obligation constituting a debt issuance.","company_name":"Churchill Capital Corp XI","ticker":"CCXIW","filing_date":"2026-07-06","form":"8-K","submitted_at":null,"items":[{"id":15384,"accession_number":"0001213900-26-075480","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Churchill Capital Corp XI issued an unsecured promissory note of up to $1,500,000 to its sponsor for working capital needs. Although the note is convertible into equity units at the sponsor's option, the primary disclosed transaction is the creation of a direct financial obligation—a promissory note—which constitutes a debt issuance under Item 1.01. The convertibility feature does not change the fundamental nature of the obligation as debt financing.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:49:56.916155+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15385,"accession_number":"0001213900-26-075480","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The disclosure incorporates Item 1.01 by reference, which typically covers material acquisitions or transactions that create new debt or financial obligations. This is a debt issuance or similar financial obligation event, though the specific details are referenced rather than fully disclosed in this Item.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:49:56.916155+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":15384,"accession_number":"0001213900-26-075480","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Churchill Capital Corp XI issued an unsecured promissory note of up to $1,500,000 to its sponsor for working capital needs. Although the note is convertible into equity units at the sponsor's option, the primary disclosed transaction is the creation of a direct financial obligation—a promissory note—which constitutes a debt issuance under Item 1.01. The convertibility feature does not change the fundamental nature of the obligation as debt financing.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:49:56.916155+00:00","company_name":"Churchill Capital Corp XI","ticker":"CCXIW","filing_date":"2026-07-06"},{"id":15385,"accession_number":"0001213900-26-075480","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The disclosure incorporates Item 1.01 by reference, which typically covers material acquisitions or transactions that create new debt or financial obligations. This is a debt issuance or similar financial obligation event, though the specific details are referenced rather than fully disclosed in this Item.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:49:56.916155+00:00","company_name":"Churchill Capital Corp XI","ticker":"CCXIW","filing_date":"2026-07-06"}]}