Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 535

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 535
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-Closing Company Class A common stock. (2) Represents (a) 725,000 Private Placement Shares held by the Sponsor and (b) 7,187,500 CCIX Founder Shares held by the Sponsor, which will become Post-Closing Company Class A common stock. (3) Consists of 89,559,312 shares of Post-Closing Company Class A common stock and 23,477,333 shares of Post-Closing Company Class B common stock issuable pursuant to the business combination, after giving effect to each of the following: (a) 8,554,008 shares resulting from the outstanding PlusAI Class A common stock, (b) 23,007,047 shares resulting from the outstanding PlusAI Class B common stock, (c) 66,678,405 shares from conversion of PlusAI preferred stock, (d) 6,422,993 shares from conversion of PlusAI SAFE instruments, (e) 6,137,683 shares from PlusAI common stock issuable upon vesting of PlusAI RSUs before any reduction of shares withheld to settle tax obligations, (f) 1,330,000 shares issuable upon exercise of PlusAI common stock options with nominal exercise price, and (g) 906,509 shares issuable in connection with the collaboration arrangement with IVECO. Assumes that the Equity Value is $1,200,000,000. Excludes up to 15,000,000 Earnout Shares that PlusAI stockholders will be eligible to receive upon satisfaction of certain milestones during the Earnout Period. Basis of Pro Forma Presentation The unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S-X. The adjustments in the unaudited pro forma condensed combined financial information have been identified and presented to provide relevant information necessary for an illustrative understanding of the Post-Closing Company upon consummation of the business combination and Transactions in accordance with generally accepted accounting principles in the United States (“ GAAP ”). Assumptions and estimates underlying the unaudited pro forma adjustments set forth in the unaudited pro forma condensed combined financial information are described in the accompanying notes. The unaudited pro forma condensed combined financial information has been presented for illustrative purposes only and is not necessarily indicative of the operating results and financial position that would have been achieved had the business combination and Transactions occurred on the dates indicated. The unaudited pro forma condensed combined financial information does not purport to project the future operating