CHURCHILL CAP CORP XI

Ticker: CCXIU CUSIP: G2131A124 Class: UNIT 12/10/2030

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 300,000 Value ($000) $3,063 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	300,000	$3,063	—	—