Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 450

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 450
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Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” as of September 30, 2025, CCIX does not believe it will have sufficient funds for the working capital needs of CCIX until a minimum of one year from the date of issuance of the financial statements included elsewhere in this proxy statement/prospectus. CCIX cannot assure that its plans to consummate an initial business combination will be successful.

Moreover, CCIX will need to obtain additional financing either to complete its business combination or because CCIX will become obligated to redeem a significant number of public shares upon completion of the business combination, in which case CCIX may issue additional securities or incur debt in connection with such business combination. Accordingly, CCIX may not be able to obtain additional financing. If CCIX is unable to raise additional capital, it may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. CCIX cannot provide any assurance that new financing will be available to it on commercially acceptable terms, if at all.

CCIX’s liquidity condition and mandatory liquidation in the event CCIX does not complete a business combination within the completion window raise substantial doubt about CCIX’s ability to continue as a going concern for a period of time within one year from the date of the accompanying unaudited condensed consolidated financial statements. Management plans to address this uncertainty by completing a business combination. If a business combination is not consummated by the end of the completion window, currently August 6, 2026, there will be a mandatory liquidation and subsequent dissolution of CCIX, which raises substantial doubt about CCIX’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should CCIX be required to liquidate after the completion window. CCIX intends to complete the initial business combination before the end of the completion window. However, there can be no assurance that CCIX will be able to consummate any business combination by the end of completion window.

Off-Balance Sheet Arrangements

We have no obligations, assets or liabilities, which would be considered off-balance sheet arrangements as of September 30, 2025. We do not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements. We have not