Form: SCHEDULE 13G

Statement of Beneficial Ownership by Certain Investors

October 7, 2025






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person:  Note to Row 11: Calculated based on the 41,700,000 shares of the Class A ordinary shares, par value $0.0001 per share, of Churchill Capital Corp X (the "Issuer") outstanding as of August 13, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2025.


SCHEDULE 13G



 
Merus Global Investments, LLC
 
Signature:/s/ Amrita M. Mahabaleswara
Name/Title:Amrita M. Mahabaleswara, General Counsel and Head of Compliance
Date:10/07/2025