Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 287

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 287
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 to CCIX’s shareholders (other than the Sponsor). See “ Proposal No. 1 — The Business Combination Proposal — Opinion of CCIX’s Financial Advisor ” for additional information about Ocean Tomo’s opinion. Representatives of Willkie then provided the CCIX Board with an update on the status of negotiations with respect to the Merger Agreement and related transaction documents. Also on June 2, 2025, the PlusAI Board met via teleconference to discuss and evaluate the proposed business combination. Representatives of Northland and Wilson Sonsini attended the meeting. Representatives of Wilson Sonsini provided the PlusAI Board with an update on the status of negotiations with respect to the Merger Agreement and related transaction documents. Representatives of Wilson Sonsini also reviewed with the PlusAI Board its fiduciary duties with respect to the proposed business combination with CCIX. On June 4, 2025, the CCIX Board met via video teleconference to discuss and evaluate the proposed business combination with PlusAI. Representatives of Archimedes, Willkie and Ogier, Cayman Islands counsel to CCIX, attended the meeting. Representatives of Willkie then provided the CCIX Board with a review of their key legal due diligence findings with respect to PlusAI. Willkie then provided an update on the status of negotiations with respect to the Merger Agreement and related transaction documents. Representatives of Ogier reviewed with the CCIX Board its fiduciary duties with respect to the proposed business combination with PlusAI. After discussion, the CCIX Board determined it would meet the following morning to continue its consideration of the business combination. Also on June 4, 2025, the PlusAI Board met via teleconference to consider the proposed business combination. Representatives of Wilson Sonsini attended the meeting. Representatives of Wilson Sonsini reviewed with the PlusAI Board the updates to the terms of the business combination since the prior meeting of the PlusAI Board. Following discussion, upon a motion duly made and seconded, the PlusAI Board unanimously (1) determined Merger Agreement and the Transactions, including the Merger, are advisable, fair to, and in the best interests of PlusAI and its shareholders, (2) approved and authorized the Transactions and the Merger Agreement, and authorized the execution of the Merger Agreement by PlusAI and (3) recommended that each of the PlusAI stockholders adopt and approve the Merger Agreement and approve the Transaction when solicited by PlusAI. Early in the morning on June 5, 2025, the CCIX Board met via