Company: CCIXW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001193125-25-277537
Chunk: 8

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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CHURCHILL CAPITAL CORP IX 

CONDENSED CONSOLIDATED BALANCE SHEETS 

September 30, 2025

December 31, 2024

(Unaudited)

Assets:

Current assets:

Cash
  
$
178,774

$
2,412,564

Prepaid expenses

31,414

6,179

Short-term prepaid insurance

259,794

430,995

Total current assets

469,982

2,849,738

Long-term prepaid insurance

— 

152,045

Marketable securities and cash held in Trust Account

304,540,620

296,122,647

Total Assets
  
$
305,010,602

$
299,124,430

Liabilities, Class A Ordinary Shares Subject to Redemption and Shareholders’ Deficit:

Current liabilities:

Accrued expenses
  
$
81,227

$
75,000

Total current liabilities

81,227

75,000

Deferred underwriting fee payable

10,062,500

10,062,500

Total Liabilities

10,143,727

10,137,500

Commitments and Contingencies (Note 6)

Class A ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of approximately $10.59 and $10.30 per share as of September 30, 2025 and December 31, 2024, respectively

304,540,620

296,122,647

Shareholders’ Deficit

Preference shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding as of September 30, 2025 and December 31, 2024

— 

— 

Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 725,000 issued and outstanding (excluding 28,750,000 shares subject to possible redemption) as of September 30, 2025 and December 31, 2024

73

73

Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 7,187,500 shares issued and outstanding as of September 30, 2025 and December 31, 2024

719

719

Additional paid-in capital

— 

— 

Accumulated deficit