Infleqtion, Inc. 8-K/A

What Happened
Infleqtion, Inc. (INFQ) filed an 8-K (Item 4.01) reporting that its Audit Committee approved the dismissal of independent registered public accounting firm Withum. Withum was dismissed on March 31, 2026, effective upon completion of its audit of the Company’s consolidated financial statements as of and for the year ended December 31, 2025. Withum’s audit report did not contain an adverse opinion or disclaimer and was not qualified or modified for uncertainty, audit scope or accounting principles, except that the report included a substantial doubt about the Company’s ability to continue as a going concern.

Key Details

• Dismissal date: Withum was dismissed on March 31, 2026, after completing its audit work.
• Periods audited: Withum audited Infleqtion’s consolidated financial statements as of December 31, 2025 and 2024, for the year ended December 31, 2025, and for the period January 4, 2024 (inception) through December 31, 2024.
• Audit opinion: No adverse opinion or disclaimer; no qualifications except a going-concern paragraph raising substantial doubt about the Company’s ability to continue as a going concern.
• Disagreements/reportable events: The company reported no disagreements with Withum on accounting principles, disclosures, audit scope or procedures, and no reportable events as defined by Regulation S-K Item 304(a)(1)(v).
• New auditor: The 8-K does not disclose a successor auditor.

Why It Matters
A change in auditor is material procedural news for investors. In this case, the auditor completed its work and reported no disagreements with management, which reduces immediate procedural risk. However, Withum’s inclusion of a substantial-doubt going-concern paragraph is a financial red flag that investors should note and monitor, as it signals uncertainty about the company’s short-term viability. Investors should watch for subsequent filings that name the new auditor and for future financial disclosures (quarterly reports, filings) that address the going-concern issue and the company’s plans to mitigate it.