Churchill Capital XI ^{Priced, Nasdaq: CCXIU}

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We may pursue an initial business combination in any business or industry but expect to focus on a target in an industry where we believe our management team and founder’s expertise will provide us with a competitive advantage. We have developed the following high-level, non-exclusive investment criteria that we will use to screen for and evaluate target businesses. We will seek to acquire a business that: Is Sourced Through our Proprietary Channels; Would Benefit from our Capabilities; Has a Committed and Capable Management Team; Potential to Generate Stable Free Cash-Flow; Has the Potential to Grow Through Further Acquisition Opportunities.