Tag Archives: Churchill

Quantum Firm Infleqtion Merges With Churchill SPAC in $1.8 Billion Deal

Quantum Firm Infleqtion Merges With Churchill SPAC in .8 Billion Deal

Louisville-based quantum computing firm Infleqtion has agreed to merge with Churchill Capital Corp. X, a special purpose acquisition company led by Michael Klein. The deal gives Infleqtion a pre-money value of $1.8 billion and is set to provide more than $540 million in cash. This pool includes about $416 million held in trust accounts and $125 million from a private …

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