Director Maverick Capital divests 1,797,637 shares (83.7% of holdings) at $16.05–$17.91 for $28,939,644.02 total.
Maverick Capital, a director at Infleqtion, executed 6 separate sales on 2026-05-29 totaling 1,797,637 shares (1.80M shares) for $28,939,644.02, reducing its position from 2,147,752 shares to 350,115 shares—a net reduction of 83.7% of pre-transaction holdings. The blended average sale price was $16.10, within the stock's 52-week range of $8.52–$21.28 and roughly 23.8% below the 52-week high of $21.28. This substantial reduction in directorial stake occurs in a company whose most recent quarterly revenue was $9,461,000.00 while net income was negative $30,263,000.00, reflecting ongoing operational unprofitability. The size and composition of this divestiture—eliminating the vast majority of a major insider's position in a single trading day—represents a material shift in directorial capital commitment to the company.