Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 376

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 376
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 advisory vote on these proposals, CCIX intends that the Proposed Certificate of Incorporation and the Proposed Bylaws will take effect from the Domestication, assuming approval of each of the condition precedent proposals.

All shareholders are encouraged to read each of the Proposed Certificate of Incorporation and the Proposed Bylaws in its entirety for a more complete description of its terms. Additionally, as CCIX’s current articles of association is governed by the Companies Act and the Proposed Certificate of Incorporation and the Proposed Bylaws will be governed by the DGCL, we encourage shareholders to carefully consult the information set out under the section entitled “Comparison of Shareholder Rights” of this proxy statement/prospectus. References to PlusAI below are to the Post-Closing Company.

Reasons for the Amendments

Advisory organizational documents proposal 4A - Authorized Shares

The principal purpose of this proposal is to provide for an authorized capital structure of PlusAI that will enable it to continue as an operating company governed by the DGCL. The CCIX Board believes that it is important for CCIX to have available for issuance a number of authorized shares of common stock and preferred stock of the Post-Closing Company sufficient to support growth and to provide flexibility for future corporate needs.

As of the CCIX record date, there are CCIX Ordinary Shares issued and outstanding, which includes CCIX Class A Ordinary Shares and CCIX Class B Ordinary Shares held by the Sponsor. As of the CCIX record date, there are an aggregate of CCIX Warrants outstanding, which includes CCIX private placement warrants and CCIX public warrants.

The CCIX Board has approved, subject to shareholder approval, that the Proposed Certificate of Incorporation and the Proposed Bylaws change the authorized capital stock of CCIX from 500,000,000 CCIX Class A Ordinary Shares, 50,000,000 CCIX Class B Ordinary Shares, and 5,000,000 CCIX preferred shares to (1) 1,000,000,000 shares of Post-Closing Company common stock (consisting of (a) shares of Post-Closing Company Class A common stock and (b) shares of Post-Closing Company Class B common stock) and (2) 100,000,000 shares of Post-Closing Company preferred stock.

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Advisory organizational documents proposal 4B - Exclusive Forum Provision

Adopting Delaware as the exclusive forum for certain litigation is intended to assist PlusAI in avoiding multiple lawsuits in multiple jurisdictions regarding the same matter. The ability