Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 495

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 495
---
 decrease in accounts and other receivables.

Net Cash Flows from Investing Activities

Net cash provided by investing activities for the five months ended December 31, 2023 was $10.5 million, which consisted of $9.4 million in cash inflows from sales of short-term marketable securities and $1.1 million in cash inflows from maturities of short-term marketable securities.

Net cash used in investing activities for the year ended December 31, 2024 was $1.2 million, which consisted of $1.0 million from the purchase of property and equipment, and $0.5 million in cash outflows from purchases of short-term marketable securities, partially offset by $0.3 million from the proceeds from the maturity of short-term marketable securities.

Net cash used in investing activities for the six months ended June 30, 2025 was $0.7 million, which consisted of $0.8 million from the purchase of property and equipment, and $0.4 million in cash outflows from purchases of short-term marketable securities, partially offset by $0.3 million in the proceeds from the maturity of short-term marketable securities.

Net Cash Flows from Financing Activities

Net cash used in financing activities for the five months ended December 31, 2023 was $30.0 million, which primarily consisted of a $30.0 million payment of the liability associated with the Restructuring.

Net cash provided by financing activities for the year ended December 31, 2024 was $16.7 million, which consisted of $16.7 million from the cash received from the issuance of SAFEs.

Net cash provided by financing activities for the six months ended June 30, 2025 was $2.7 million, which consisted of $2.4 million from the cash received from the issuance of SAFEs and $0.4 million from the exercise of stock options. This amount was offset by $0.1 million for the payment of deferred issuance costs.

Off-Balance Sheet Arrangements

As of September 30, 2025, December 31, 2024 and December 31, 2023, we do not have any off-balance sheet arrangements.

Quantitative and Qualitative Disclosures about Market Risk

Interest Rate Risk

As of September 30, 2025, we had cash and cash equivalents of $17.5 million and investments in marketable debt securities of $0.4 million with m