Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 549

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 549
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 IVECO Shares (6)           |     |               |    887,339 |     |                |    887,339 |     |                |    887,339 |     |                    |    887,339 |
| Total                               |     |               | 60,629,741 |     |                | 60,629,741 |     |                | 60,629,741 |     |                    | 60,629,741 |

(1) Following the Domestication, one whole warrant will entitle the holder to purchase one share of Post-Closing Common Stock at a price of $11.50 per share. The CCIX private placement warrants and the CCIX public warrants are anti-dilutive on a pro forma basis and have been excluded from the diluted number of Post-Closing common stock outstanding at the Closing. (2) All outstanding vested and unvested PlusAI warrants will convert into a warrant to purchase shares of Post-Closing Company common stock based on the Exchange Ratio. (3) The Earnout Shares are contingently issuable upon the achievement of the applicable triggering events. (4) All outstanding unexercised PlusAI options at Closing, whether vested or unvested, will convert into an option to purchase shares of Post-Closing Company common stock based on the Exchange Ratio. (5) All outstanding unvested PlusAI RSUs at the Closing will convert into the right to receive restricted stock units subject to shares of Post-Closing Company common stock based on the Exchange Ratio. (6) The unvested IVECO Shares will convert into the right to receive shares of Post-Closing Company common stock based on the Exchange Ratio.

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DILU TION CCIX shareholders who acquired CCIX public shares in the CCIX IPO will have their ownership interests diluted to the extent of the difference between the IPO price of $10.00 per CCIX public share upon the IPO and the net tangible book value per share at the time of the Transactions assuming various sources of material probable dilution described below. As of September 30, 2025, CCIX’s net tangible book value was $(9.7) million, calculated as total assets of $305.0 million less total liabilities of $10.1 million, and less CCIX public shares subject to redemption classified in temporary equity of $304.6 million. The number of CCIX Ordinary Shares outstanding as of September 30, 2025, was