Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 571

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 571
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 but not more than 10 business days thereafter (and subject to lawfully available funds therefor), redeem the CCIX public shares, at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account including interest earned on the funds held in the trust account (which interest shall be net of permitted withdrawals and less up to $100,000 of interest to pay dissolution expenses and net of taxes payable), divided by the number of then outstanding CCIX public shares, which redemption will completely extinguish CCIX public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and (3) as promptly as reasonably possible following such redemption, subject to the approval of CCIX’s remaining shareholders and CCIX’s Board, liquidate and dissolve, subject in each case to CCIX’s obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to CCIX Warrants, which will expire without value to the holder if we fail to complete CCIX’s initial business combination within the completion window. Pursuant to the terms of the Underwriting Agreement, the underwriters have agreed to waive their rights to their deferred underwriting fees related to the CCIX IPO held in the trust account in the event CCIX does not complete an initial business combination within the completion window and, in such event, such amounts will be included with the funds held in the trust account that will be available to fund the redemption of the CCIX public shares. The proceeds deposited in the trust account could, however, become subject to the claims of CCIX’s creditors which would have higher priority than the claims of CCIX public shareholders. See the section entitled “Other Information Related to CCIX — Redemption of CCIX public shares and Liquidation if No Initial Business Combination.”

Pursuant to the terms of the Sponsor Agreement, the Sponsor and the Insiders have each agreed to waive their rights to liquidating distributions from the trust account with respect to any CCIX Founder Shares and CCIX private placement shares held by them if CCIX fails to complete an initial business combination within the completion window. However, they will be entitled to liquidating distributions from the trust account with respect to any CCIX public shares they hold if CCIX fails to complete an initial business combination within the completion window. The Sponsor and the Insiders, pursuant to the Sponsor Agreement, have also agreed that they will not propose any