Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 479

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 479
---
 pilot routes. We expect the commercial launch of SuperDrive, as a software-only, capital-light autonomous trucking platform, in 2027. However, we have limited experience to date in applying our autonomous driving technology at scale, and our ability to develop, deliver, and commercialize our autonomous driving system at scale is still unproven. There is no guarantee that the hardware, software, and components required for mass production can be successfully developed to our specifications, timely delivered or properly integrated. The extent to which our OEM partners can continue to secure efficient, automated, low-cost production capabilities and processes and reliable sources of component supply directly affects their ability to meet the quality, price, engineering, design, and production standards required to successfully deploy our autonomous driving system and grow our revenue in a cost-efficient manner.

Time to Market

Our ability to achieve profitability depends on technological and commercial milestone achievement. Delays in development timelines or technological integration with third parties that we are working or will work with could result in us being unable to scale in the time frame we anticipate. We anticipate that we will be commercially ready to launch SuperDrive-enabled trucks in 2027 beginning in the United States and expanding into Europe thereafter.

If our assumptions about the commercialization and/or adoption of our technology prove overly optimistic we may fail to generate operating cash flow and may incur delays to our ability to achieve profitability. This may also lead us to make changes in our go-to-market plans, which could result in unanticipated delays or cost overruns, which could in turn adversely impact margins and cash flows.

Demand for Autonomous Trucking Solutions

Our future growth is dependent on the demand for and end fleets’ willingness to adopt autonomous driving solutions for their trucking needs as well as regulation of autonomous driving solutions. The market for autonomous driving trucking solutions is still evolving and is characterized by rapid technology advancement, intense competition, fleet demand, and evolving government regulations. Perceptions about the features, quality, safety, performance, and cost of autonomous driving trucks, technology breakthroughs, or developments in alternative or analogous technologies, as well as the regulatory and macroeconomic environment, could directly affect the adoption of autonomous driving solutions.

In addition, we operate within an industry that is subject to substantial and rapidly evolving laws, regulations, and standards related to environmental, manufacturing, safety, testing, data protection, and cybersecurity, and any failure to comply with these laws, regulations or standards, including as they evolve, could harm our reputation, subject us to significant fines and liability and materially and adversely affect our business,