Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 332

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 332
---
. Shareholder and whose CCIX Class A Common Stock has a fair market value of $50,000 or more on the date of the Domestication will recognize gain (but not loss) with respect to the CCIX Class A Common Stock received in the Domestication or, in the alternative, may elect to recognize the “all earnings and profits amount” attributable to such U.S. Holder’s CCIX Class A Ordinary Shares as described below. Subject to the discussion below under the section entitled “ — PFIC Considerations, ” unless a U.S. Holder makes the “all earnings and profits election” as described below, such U.S. Holder generally must recognize gain (but not loss) with respect to CCIX Class A Common Stock received in the Domestication in an amount equal to the excess of the fair market value of such CCIX Class A Common Stock over the U.S. Holder’s adjusted tax basis in the CCIX Class A Ordinary Shares deemed surrendered in exchange therefor. U.S. Holders who hold different blocks of CCIX Class A Ordinary Shares (generally, CCIX Class A Ordinary Shares purchased or acquired on different dates or at different prices) should consult their tax advisors to determine how the above rules apply to them. In lieu of recognizing any gain as described in the preceding paragraph, a U.S. Holder may elect to include in income as a deemed dividend deemed paid by CCIX the “all earnings and profits amount” attributable to its CCIX Class A Ordinary Shares under Section 367(b) of the Code. There are, however, strict conditions for making this election. This election must comply with applicable Treasury Regulations and generally must include, among other things: • a statement that the Domestication is a Section 367(b) exchange (within the meaning of the applicable Treasury Regulations); • a complete description of the Domestication;

<div align='center'>198</div>

• a description of any stock, securities or other consideration transferred or received in the Domestication; • a statement describing the amounts required to be taken into account for U.S. federal income tax purposes; and • a statement that the U.S. Holder is making the election described in Treasury Regulations Section 1.367(b)-3(c)(3), which must include (1) a copy of the information that the U.S. Holder received from CCIX (or the Post-Closing Company) establishing and substantiating the U.S. Holder’s “all earnings and profits amount” with respect to the U.S. Holder