David B. Singer, a director at Infleqtion (NASDAQ:INFQ), reported the sale of 1,797,637 shares worth approximately $28.9 million on May 29, 2026.
The shares were sold at weighted average prices ranging from $16.052 to $17.9054 per share, with individual sale prices between $15.63 and $18.15.
The transactions were executed through Maverick Advisors Fund and Maverick Ventures Investment Fund, with proceeds distributed to limited partners.
Non-cash transactions included the distribution of 2,196,413 shares by the funds to limited partners. Singer indirectly acquired 632,831 shares from the funds.
Infleqtion reported a 14% year-over-year revenue increase to $9.5 million in Q1 2026. The company holds $569 million in cash with no debt.
