Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 11

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 11
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 CCIX Class A Common Stock outstanding after redemptions held by former CCIX public shareholders, which will become Post-Closing Company Class A common stock. (2) Represents (a) 725,000 CCIX private placement shares held by the Sponsor and (b) 7,187,500 Founder Shares held by the Sponsor, which will become Post-Closing Company Class A common stock. (3) Consists of 89,559,312 shares of Post-Closing Company Class A common stock and 23,477,333 shares of Post-Closing Company Class B common stock issuable pursuant to the business combination, after giving effect to each of the following: (a) 8,554,008 shares resulting from the outstanding PlusAI Class A common stock, (b) 23,007,047 shares resulting from the outstanding PlusAI Class B common stock, (c) 66,678,405 shares from conversion of PlusAI preferred stock, (d) 6,422,993 shares from conversion of PlusAI SAFE instruments, (e) 6,137,683 shares from PlusAI common stock issuable upon vesting of PlusAI RSUs before any reduction of shares withheld to settle tax obligations, (f) 1,330,000 shares issuable upon exercise of PlusAI common stock options with nominal exercise price, and (g) 906,509 shares issuable in connection with the collaboration arrangement with IVECO. Assumes that the Equity Value is $1,200,000,000. Excludes up to 15,000,000 Earnout Shares that PlusAI stockholders will be eligible to receive upon satisfaction of certain milestones during the Earnout Period. (4) The Maximum Redemptions Scenario assumes that holders of 90% of the shares held by CCIX public stockholders subject to possible redemption will exercise their redemption rights, based on the maximum number of redemptions that may occur to meet the CCIX Net Tangible Asset closing condition. See the section entitled “ Unaudited Pro Forma Condensed Combined Financial Information—Basis of Pro Forma Presentation ” for more information on the redemption scenarios presented throughout this proxy statement/prospectus. The following table illustrates varying ownership levels in the Post-Closing Company immediately following the consummation of the business combination in the below redemption scenarios, but, in each case, includes the dilutive effect of the issuance of all Earnout Shares, the issuance of all shares of Post-Closing Company Class A common stock upon exercise