Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 426

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 426
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 fair market value significantly exceeds 80% of the trust account balance. The CCIX Board determined that this test was met in connection with the business combination, as described in the section entitled “Proposal No. 1 — The Business Combination Proposal — Satisfaction of the 80% Test.”

Shareholder Approval of an Initial Business Combination

Under CCIX’s current articles of association, in connection with any proposed initial business combination, CCIX must seek shareholder approval of such initial business combination at a meeting called for such purpose in connection with which CCIX public shareholders may seek to redeem their CCIX public shares for cash, regardless of whether they vote “for” or “against” the proposed initial business combination, subject to the limitations described in the prospectus for the CCIX IPO. Accordingly, in connection with the business combination, CCIX public shareholders may seek to redeem their CCIX public shares for cash in accordance with the procedures set forth in this proxy statement/prospectus.

Voting Restrictions in Connection with Shareholder Meeting

Pursuant to the terms of the Sponsor Agreement, the Sponsor and the Insiders have each agreed to vote their CCIX Ordinary Shares, including any CCIX Founder Shares and CCIX private placement shares held by them as of the CCIX record date, in favor of the business combination proposal and the other proposals described in this proxy statement/prospectus.

At any time prior to the extraordinary general meeting, during a period when they are not then aware of any material nonpublic information regarding CCIX or its securities, the Sponsor, PlusAI and/or their respective affiliates may purchase shares from institutional and other investors that vote, or indicate an intention to vote, against the business combination proposal, or execute agreements to purchase such shares from them in the future, or they may enter into transactions with such persons and others to provide them with incentives to acquire CCIX Ordinary Shares, not redeem their CCIX Ordinary Shares in connection with the business combination or vote their shares in favor of the business combination proposal. The purpose of such share purchases and other transactions would be to increase the likelihood of satisfaction of the requirements for the business combination to be approved if it appears that such requirements would otherwise not be met.

Redemption of CCIX Public Shares and Liquidation if No Initial Business Combination

If CCIX is unable to complete the business combination within the completion window, CCIX will: (1) cease all operations except for the purpose of winding up; (2) as promptly as reasonably possible but not more than 10 business days thereafter (and subject to law