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Get filing alertsInfleqtion appoints M. Klein director under merger rights, discloses $1M annual advisory deal
Filed May 14, 2026 · Period ending May 8, 2026 · ~1 min read
Key Changes
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M. Klein & Company receives $250,000 quarterly ($1M annually) for two years for financial advisory and strategy services, plus potential 5% of underwriting fees and 3% of strategic investment proceeds if retained for those transactions.
Item 5.02 verify on EDGAR → -
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Nicholas Johnson appointed Class III director through 2029 under Churchill Sponsor X LLC's merger agreement designation rights; serves as Managing Director at M. Klein & Company.
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Board determined Johnson not independent under NYSE standards due to M. Klein advisory relationship; will not serve on any board committees.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jul 17, 2026 · How we verify