Churchill Capital Corp XII announces that its Class A common stock and warrants will begin separate trading from June 17, 2026.

This move marks a significant evolution in the securities structure of the Special Purpose Acquisition Company (SPAC), providing investors with greater flexibility in trading. Previously, these securities were traded as whole units. After the split, Class A common shares and warrants will each have independent trading codes and be bought and sold separately on the market. The purpose is to meet the strategic needs of different types of investors and potentially increase market liquidity.For participants focused on the SPAC market, such structural changes typically reflect actions taken by companies to advance business mergers or adapt to the market environment. Investors can adjust their portfolio strategies accordingly and manage related risks and returns with greater precision.