Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 502

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 502
---

<div align='center'>319</div>

Company. These reorganizations qualify as tax-free IRC 368 reorganizations, and we do not expect any material financial impact to these unaudited condensed consolidated financial statements. Based on local and statutory filing requirements, we expect these reorganizations to be completed over the next several months.

<div align='center'>320

EXECUTIVE COMPENSATION</div>

CCIX Executive Officer and Director Compensation

CCIX is an “emerging growth company,” as defined in the JOBS Act, and the following is intended to comply with the reduced disclosure requirements applicable to emerging growth companies. No executive officer of CCIX has received any cash compensation for services rendered to CCIX although CCIX may pay consulting, finder or success fees to its officers, directors or shareholders (or their affiliates) for assisting it in consummating its initial business combination. These officers, directors and shareholders have received and will receive reimbursement for any out-of-pocket expenses incurred by them in connection with activities on CCIX’s behalf, such as identifying potential target businesses and performing business due diligence on suitable target businesses and business combinations, as well as traveling to and from the offices, plants, or similar locations of prospective target businesses to examine their operations.

After the business combination, any members of CCIX’s management team who remain with the Post-Closing Company may be paid consulting, management, or other fees from the Post-Closing Company. Such compensation will be publicly disclosed at the time of its determination in a Current Report on Form 8-K, to the extent required by the SEC.

Since its formation, CCIX has not granted any stock options or stock appreciation rights or any other awards under long-term incentive plans to any of its executive officers or directors.

PlusAI Executive Officer and Director Compensation

This discussion may contain forward-looking statements that are based on the Post-Closing Company’s current plans, considerations, expectations, and determinations regarding future compensation programs. Actual compensation programs that the Post-Closing Company may adopt following the Closing may differ materially from historical and any currently planned programs summarized in this discussion. All share counts in this section are shown on a pre-Merger basis.

Following completion of the Merger, certain executive officers of PlusAI are expected to become executive officers of the Post-Closing Company. This section sets forth historical compensation for PlusAI’s named executive officers, consisting of its principal executive officer and the two most highly compensated executive officers (other than PlusAI’s principal executive officer), for PlusAI’s fiscal year 2024