SCHEDULE 13G 0001661897 XXXXXXXX LIVE Class A ordinary shares, par value $0.0001 per share 10/01/2025 0002007825 Churchill Capital Corp X G21301109 5900 BALCONES DRIVE SUITE 100 AUSTIN TX 78731 Rule 13d-1(c) Merus Global Investments, LLC DE 1776660.00 0.00 1776660.00 0.00 1776660.00 N 4.3 OO 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. Churchill Capital Corp X 5900 BALCONES DRIVE, SUITE 100, AUSTIN, TX 78731 Merus Global Investments, LLC 3 Park Ave, Suite 2900, New York, NY 10016 DE Y 1,776,660 4.3% 1,776,660 0 1,776,660 0 N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Merus Global Investments, LLC /s/ Amrita M. Mahabaleswara 10/07/2025