Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 123

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 123
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 incremental financing, including a SAFE financing;

the occurrence of any other event, change or other circumstances that could give rise to the termination of the Merger Agreement;

PlusAI’s estimated Unit Economics, including assumptions around operational availability, utilization, autonomous net value and target gross margin;

expectations with respect to the future performance and the success of PlusAI following the consummation of the business combination;

the expected benefits of the business combination;

PlusAI’s operational and product roadmap, including its timeline for commercial launch of SuperDrive-enabled trucks and additional customer fleet trials in the United States and in Europe;

PlusAI’s ability to successfully collaborate with OEM partners and to successfully scale its DaaS model and related revenue stream, including assumptions around costs per mile of a human driver, average cost of a human driver and expected customer cost savings;

PlusAI’s ability to negotiate and execute definitive long-term contracts and commercial arrangements with OEM partners, which expand upon or maintain the current agreements, on terms that are favorable to us, or at all;

PlusAI’s estimated total addressable markets for its commercial trucking and public sector applications, including with respect to customer preferences for OEM channels;

the relative competitive advantage of PlusAI’s AV 2.0 paradigm and AI-native systems approach;

the benefits of the use of AI in PlusAI’s services or products;

PlusAI’s ability to continue to demonstrate the safety and reliability of SuperDrive and to maintain safety standards at scale and reach safety performance milestones;

developments relating to PlusAI’s competitors and industry;

the regulatory landscape for SuperDrive in the United States and globally and complexities with compliance related to such landscape;

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PlusAI’s expectations regarding its ability to obtain, maintain, protect and enforce its intellectual property rights;

PlusAI’s success in retaining or recruiting, or changes required in, its officers, key employees or directors;

PlusAI’s expectations regarding expansion plans and opportunities, including into additional international markets;

PlusAI’s future capital requirements and sources and uses of cash, as well as PlusAI’s roadmap to profitability;

the potential liquidity and trading of PlusAI’s public securities;

PlusAI’s capitalization following the business combination;

any changes in PlusAI’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans;

PlusAI’s ability to remediate the material weaknesses identified in its internal control over financial reporting; and

expectations regarding PlusAI’s status as an emerging growth company under the JOBS Act.

We caution you that the foregoing list