Infleqtion has reached a key milestone in its path to becoming a publicly traded entity with the filing of a Form S-4 registration statement with the U.S. Securities and Exchange Commission. This filing represents the formal progression of the business combination agreement with Churchill Capital Corp X (NASDAQ: CCCX). Upon the deal’s expected closure in the first quarter of 2026, the combined company will operate as Infleqtion, Inc. and list on a major North American exchange under the ticker symbol “INFQ.”
The transaction is expected to provide Infleqtion with over $540 million in gross proceeds, assuming no redemptions, including a $125 million common stock PIPE at the transaction valuation. As a specialist in neutral-atom quantum technology, Infleqtion remains the only publicly listed entity positioned to command commercial leadership across both quantum computing and precision sensing. The capital influx is earmarked for accelerating the commercialization of its “Sqale” quantum computer line and its portfolio of quantum clocks, radio frequency (RF) receivers, and inertial sensors.
Strategically, Infleqtion has reported significant technical advancements alongside this filing, including the demonstration of 12 logical qubits with error detection—surpassing its original 2026 roadmap targets. The company is also integrating NVIDIA’s NVQLink architecture to couple quantum processors with GPU-accelerated supercomputers. These developments, combined with new contracts from the U.S. Army and the Royal Navy, underscore Infleqtion’s transition from research-led milestones to utility-scale deployment in national security and resilient positioning, navigation, and timing (PNT) sectors.
Read the official SEC filing announcement here, view the full Form S-4 filing here, and refer to our previous coverage of the merger here.
January 7, 2026
