Prior to the Closing, Legacy Infleqtion had 383,532,609 shares of convertible redeemable preferred stock outstanding, each convertible into shares of Legacy Infleqtion’s common stock on a one to one basis at the option of the holder, at any time and without the payment of additional consideration. Upon the Closing, all outstanding shares of preferred stock were automatically surrendered and exchanged for the right to receive 133,240,425 shares of the Company’s Common Stock based on the Exchange Ratio. As of June 30, 2026, no shares of convertible redeemable preferred stock were outstanding.

The following table summarizes the exchange of Legacy Infleqtion’s convertible redeemable preferred stock upon the Closing:


Legacy Infleqtion Convertible Redeemable Preferred Stock	Shares Outstanding Before Closing	Common Stock Issued at Closing
Preferred Stock Series Seed	24,871,033	8,640,274
Preferred Stock Series Seed II	27,499,984	9,553,580
Preferred Stock Series A	101,515,976	35,266,967
Preferred Stock Series B	113,956,319	39,588,781
Preferred Stock Series B-1	32,419,574	11,262,661
Preferred Stock Series C	60,399,952	20,983,132
Preferred Stock Series C-1	22,869,771	7,945,030
Totals	383,532,609	133,240,425