Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 595

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 595
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,500,000 of such loans may be convertible into units of the post-Closing business combination entity at a price of $10.00 per unit at the option of the lender. The units and their underlying securities would be identical to the CCIX private placement units. Except as set forth above, the terms of such loans by CCIX’s officers and directors, if any, have not been determined and no written agreements exist with respect to such loans. Prior to the completion of the initial business combination, CCIX does not expect to seek loans from parties other than the Sponsor or an affiliate of the Sponsor as CCIX does not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in the trust account. As of September 30, 2025 and December 31, 2024, CCIX had no borrowings under such loans.

CCIX has agreed to indemnify the Sponsor and its members (present and former), managers and affiliates and their respective present and former officers and directors to the fullest extent permitted under applicable law from any claims made by CCIX or a third party in respect of any investment opportunities sourced by them or any liability arising with respect to their activities in connection with CCIX’s affairs, to the extent that such indemnification, hold harmless and exoneration obligations with respect to such matters are not expressly covered by a separate written agreement between CCIX and any such party. Such indemnity will provide that the indemnified parties cannot access the funds held in the trust account.

After the initial business combination, members of CCIX’s management team who remain with CCIX may be paid consulting, management or other fees from the combined company with any and all amounts being fully disclosed to CCIX’s shareholders, to the extent then known, in the tender offer or proxy solicitation materials (as applicable) furnished to CCIX’s shareholders. It is unlikely the amount of such compensation will be known at the time of distribution of such tender offer materials or at the time of a general meeting held to consider the initial business combination, as applicable, as it will be up to the directors of the post-combination business to determine executive and director compensation.

Sponsor Agreement

In connection with the execution of the Merger Agreement, the Sponsor and the Insiders entered into the Sponsor Agreement, which amended and restated the existing agreement. For a summary of the Sponsor Agreement, please see the section entitled “Proposal No. 1 — The Business Combination Proposal — Certain Agreements Related to