Churchill Capital Corp XII 3Q 2026: Net income $3.52M — 10-Q Summary
Churchill Capital Corp XII reported a net income of $3.52M for the quarter, driven by interest on trust-account investments. The company has not yet commenced operations or generated revenue. As of September 30, 2026, it had not entered into a definitive agreement for a business combination. The trust account held $419.4M in marketable securities and cash, with $1M withdrawn for working capital.
