Latham & Watkins Advises on Infleqtion’s Merger With Churchill Capital Corp X

Infleqtion, a global leader in neutral atom-based quantum technology, and Churchill Capital Corp X (NASDAQ: CCCX), a publicly traded special purpose acquisition company, announced that they have entered into a definitive business combination agreement. The business combination values Infleqtion at a pre-money equity value of US$1.8 billion. Upon closing, the combined company will operate as Infleqtion and is expected to be listed on a leading North American exchange under the ticker “INFQ.”

Latham & Watkins LLP advised Citigroup Global Markets Inc. as lead capital markets advisor and PIPE placement agent to Churchill X in the transaction with a corporate deal team led by Houston partner Ryan Maierson and New York partner Erika Weinberg, with associates Caitlyn Fiebrich and David Lee.