CHURCHILL CAP CORP XI

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

MMCAP International Inc. SPC's Holding History (CIK: 0001304857)

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

Q4 2025

Shares 2,700,000 Value ($000) $27,567 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,700,000	$27,567	—	—