Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 430

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 430
---
 successfully made against the trust account, the funds available for the initial business combination and redemptions could be reduced to less than $10.00 per CCIX public share. In such event, CCIX may not be able to complete the initial business combination, and CCIX’s shareholders would receive such lesser amount per share in connection with any redemption of their CCIX public shares. None of CCIX’s officers or directors will indemnify CCIX for claims by third parties including, without limitation, claims by vendors and prospective target businesses.

In the event that the proceeds in the trust account are reduced below (1) $10.00 per CCIX public share or (2) such lesser amount per CCIX public share held in the trust account as of the date of the liquidation of the trust account, due to reductions in value of the trust assets, in each case net of permitted withdrawals, and the Sponsor asserts that it is unable to satisfy its indemnification obligations or that it has no indemnification obligations related to a particular claim, CCIX’s independent directors would determine whether to take legal action against the Sponsor to enforce its indemnification obligations. While CCIX currently expects that CCIX’s independent directors would take legal action on CCIX’s behalf against the Sponsor to enforce its indemnification obligations to us, it is possible that CCIX’s independent directors in exercising their business judgment may choose not to do so if, for example, the cost of such legal action is deemed by the independent directors to be too high relative to the amount recoverable or if the independent directors determine that a favorable outcome is not likely. CCIX has not asked the Sponsor to reserve for such indemnification obligations and CCIX cannot assure CCIX’s shareholders that the Sponsor would be able to satisfy those obligations. Accordingly, CCIX cannot assure CCIX’s shareholders that due to claims of creditors the actual value of the per share redemption price will not be less than $10.00 per CCIX public share.

CCIX will seek to reduce the possibility that the Sponsor will have to indemnify the trust account due to claims of creditors by endeavoring to have all vendors, service providers (other than CCIX’s independent registered public accounting firm), prospective target businesses or other entities with which CCIX does business execute agreements with CCIX waiving any right, title, interest or claim of any kind in or to monies held in the trust account. Our Sponsor will also not be liable as to any claims under CCIX’s indemnity of the underwriters of the CCIX IPO against certain