Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 263

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 263
---
 by applicable law, GAAP or regulatory guidelines;

adopt or enter into a plan of complete or partial liquidation, dissolution, merger, consolidation, restructuring, recapitalization or other reorganization of PlusAI or its subsidiaries (other than the Merger and the transactions contemplated by the Merger Agreement);

make, change or revoke any material income tax election, adopt or change any material accounting method with respect to taxes, file any amended material tax return, settle or compromise any material tax liability, enter into any material closing agreement with respect to any tax, consent to any extension or waiver of the limitations period applicable to any material tax claim or assessment (other than ordinary course of business extensions of time to file Tax Returns), or enter into any tax sharing or tax indemnification agreement or similar agreements;

take or cause to be taken any action, or knowingly fail to take or cause to be taken any action, which action or failure to act could reasonably be expected to prevent or impede the Merger from qualifying for the intended tax treatment;

(1) modify in any material respect the terms of any indebtedness, (2) issue any debt securities, or (3) incur or assume, guarantee or endorse, or otherwise become responsible for, the obligations of any person for indebtedness for borrowed money in excess of $1,000,000 in the aggregate (other than indebtedness under capital leases entered into in the ordinary course of business);

voluntarily fail to maintain in full force and effect material insurance policies covering PlusAI and its subsidiaries in a form and amount consistent with past practice (except that PlusAI shall be authorized to replace existing insurance policies with substantially comparable amounts of insurance coverage);

enter into any transaction or amend in any material respect any existing agreement with any person that, to the knowledge of PlusAI, is an affiliate of PlusAI or its subsidiaries subject to certain exclusions (excluding ordinary course of business company benefit plans, standard employment agreements and payments of annual compensation, provision of benefits or reimbursement of expenses in respect of stockholders who are officers or directors of PlusAI or its subsidiaries);

<div align='center'>150</div>

enter into any agreement that materially restricts the ability of PlusAI or its subsidiaries to engage or compete in any line of business or enter into a new line of business;

other than in the ordinary course of business or as required by an existing PlusAI benefit plan, standard employment agreement, employee collective bargaining contract, or applicable law, (1) increase the compensation or benefits of any PlusAI employee or accelerate the vesting