Investment Q&A

CCCX is a 'blank cheque' special purpose acquisition company, which plans to merge with Infleqtion, with closing expected in March. The combined company will have $540 in cash to start. Like most quantum companies, Infleqtion has minimal sales and lots of losses. It does have a contract with the US defense department, which gives it some layer of credibility. It had about $29M in sales in the past year. The stock is going to move entirely on the sentiment of quantum right now. On a fundamental basis, it is hard to endorse. But, as a new public player in the space, it will get attention as long as quantum continues to be in favour. But make no mistake: this is a highly speculative, risky company. In a bad stock market, we would expect it to decline significantly. Quantum is not near commercialization yet, and there is a LOT of competitors, and a LOT of hype. We would use extreme caution here, but the stock will likely be very volatile and perhaps tradable for extreme high-risk investors.