Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 729

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 729
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                    |   181,859,452 |     |             | 181,859,452 |     | $           | 0.550700 |     |             | 153,620 |     |          | 150,950 |
| Series C-1   |     |                    |   420,702,410 |     |             |           — |     | $           | 0.466470 |     |             |       — |     |          |       — |
|              |     |                    | 1,953,124,877 |     |             | 952,548,647 |     |             |          |     | $           | 587,512 |     | $        | 566,692 |

12. Warrants On January 27, 2021, the Company entered into a Master Purchase Agreement with Amazon Logistics, Inc. (“ Amazon ”) for the purchase of certain goods, software, or other items from the Company. Concurrent with the Master Purchase Agreement, the parties entered into a warrant agreement (“ Amazon Warrant ”) on June 19, 2021 (“ Issuance Date ”) to purchase 420.7 million shares at an exercise price of $0.46647 per share. The Amazon Warrant is exercisable into shares of the Company’s Series C-1 Preferred Stock prior to the closing of a de-SPAC Transaction and into Class A common stock after the completion of a Qualified IPO (the “ Warrant Shares ”). Under the terms of Amazon Warrant, (1) 84.1 million Warrant Shares were vested and were immediately exercisable (“ Initial Warrant Shares ”) on the issuance date; and (2) the balance of Warrant Shares will vest and will be immediately exercisable based upon payments by Amazon on the Company's products or services until the total payments from Amazon equal to $200 million (“ Remaining Warrant Shares ”). During the year ended December 31, 2024, and the nine months ended September 30, 2025, no portion of the Warrant Shares vested.

<div align='center'>F-101</div>

The Amazon Warrant is determined to be a freestanding financial instrument that represents consideration payable to a customer in the form of the equity instrument issued not in exchange for distinct goods and services. The Company assessed the accounting treatment for the Amazon Warrant under ASC Topic 718. Prior to the consummation of a de-SPAC transaction, the underlying shares for