SEC Comment Letter 0000000000-24-007052 to Infleqtion, Inc. (INFQ)
Infleqtion, Inc.
Date: June 20, 2024 · CIK: 0002007825 · Accession: 0000000000-24-007052
AI Filing Summary & Sentiment
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Letter
United States securities and exchange commission logo June 20, 2024 Michael Klein Chief Executive Officer Churchill Capital Corp X 640 Fifth Avenue, 14th Floor New York, NY 10019 Re:Churchill Capital Corp X Amendment No. 1 to Draft Registration Statement on Form S-1 Submitted June 10, 2024 CIK No. 0002007825 Dear Michael Klein: We have reviewed your amended draft registration statement and have the following comment. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to this letter and your amended draft registration statement or filed registration statement, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our April 4, 2024 letter. Amended Draft Registration Statement on Form S-1 Underwriting, page 198 1.We note your revisions in response to prior comment 5; however, the value of the additional equity compensation being provided to the underwriter and its affiliate and hence the total underwriter compensation remains unclear. Please disclose clearly the value of such compensation or advise. Refer to Item 508(e) of Regulation S-K which requires disclosure of the amounts of any commissions to be paid by the company.
FirstName LastNameMichael Klein Comapany NameChurchill Capital Corp X June 20, 2024 Page 2 FirstName LastName Michael Klein Churchill Capital Corp X June 20, 2024 Page 2 Please contact Jeffrey Lewis at 202-551-6216 or Isaac Esquivel at 202-551-3395 if you have questions regarding comments on the financial statements and related matters. Please contact Kibum Park at 202-551-6836 or Ruairi Regan at 202-551-3269 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Stuart Neuhauser, Esq.
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United States securities and exchange commission logo
June 20, 2024
Michael Klein
Chief Executive Officer
Churchill Capital Corp X
640 Fifth Avenue, 14th Floor
New York, NY 10019
Re:Churchill Capital Corp X
Amendment No. 1 to
Draft Registration Statement on Form S-1
Submitted June 10, 2024
CIK No. 0002007825
Dear Michael Klein:
We have reviewed your amended draft registration statement and have the following
comment.
Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on
EDGAR. If you do not believe a comment applies to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
After reviewing the information you provide in response to this letter and your amended
draft registration statement or filed registration statement, we may have additional
comments. Unless we note otherwise, any references to prior comments are to comments in our
April 4, 2024 letter.
Amended Draft Registration Statement on Form S-1
Underwriting, page 198
1.We note your revisions in response to prior comment 5; however, the value of the
additional equity compensation being provided to the underwriter and its affiliate and
hence the total underwriter compensation remains unclear. Please disclose clearly the
value of such compensation or advise. Refer to Item 508(e) of Regulation S-K which
requires disclosure of the amounts of any commissions to be paid by the company.
FirstName LastNameMichael Klein
Comapany NameChurchill Capital Corp X
June 20, 2024 Page 2
FirstName LastName
Michael Klein
Churchill Capital Corp X
June 20, 2024
Page 2
Please contact Jeffrey Lewis at 202-551-6216 or Isaac Esquivel at 202-551-3395 if you
have questions regarding comments on the financial statements and related matters. Please
contact Kibum Park at 202-551-6836 or Ruairi Regan at 202-551-3269 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Stuart Neuhauser, Esq.