Company: CCIXW
Filing Date: 2025-11-24
Form Type: DEF 14A
Source: 0001193125-25-293828
Chunk: 15

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-11-24
Form: DEF 14A
Chunk 15
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 they are held by the Sponsor or its permitted transferees.

As of September 30, 2025, approximately $304.5 million from our Initial Public Offering and the Private Placement is being held in
our Trust Account in the United States maintained by Continental, acting as trustee. The proceeds held in the Trust Account will be invested only in U.S. government treasury bills with a maturity of one hundred eighty-five (185) days or less or
in money market funds that meet certain conditions under Rule 2a-7under the Investment Company Act of 1940 (the “Investment Company Act”) and that invest only in direct U.S. government obligations
and may at any time be held as cash or cash items, including in demand deposit accounts at a bank. Funds will remain in the Trust Account until the earlier of (i) the consummation of the initial Business Combination or (ii) the
distribution of the Trust Account proceeds. The remaining proceeds outside the Trust Account may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general and administrative expenses.

PlusAI Business Combination

On
June 5, 2025, the Company entered into an Agreement and Plan of Merger and Reorganization (as amended by Amendment No. 1 dated September 8, 2025 and Amendment No. 2 dated September 18, 2025, and as may be further amended,
modified, supplemented or waived from time to time, the “Merger Agreement”) by and among the Company, AL Merger Sub I, Inc., a Delaware corporation (“Merger Sub I”), AL Merger Sub II, LLC, a Delaware limited
liability company (“Merger Sub II”) and Plus Automation, Inc., a Delaware corporation (“PlusAI”). Pursuant to the Merger Agreement, and on the terms and subject to the satisfaction or waiver of the
conditions set forth therein, the parties thereto intend to effect a business combination transaction by which Merger Sub I will merge with and into the PlusAI, with PlusAI continuing as the surviving corporation and a wholly owned subsidiary of the
Company (“First Merger”), and immediately following the First Merger, the surviving corporation of the First Merger will merge with and into Merger Sub II, with Merger Sub II continuing as the surviving entity (the
“Second Merger” and, together with the First Merger, the “Mergers”). The proposed Mergers are expected to be consummated following