Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 544

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 544
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 the periods presented, nor does it reflect the amounts of pro forma deferred tax assets or liabilities as of the periods presented. Additionally, the share amounts presented do not reflect a reduction for shares that the Post-Closing Company may withhold to cover statutory tax obligations from restricted stock units and performance-based restricted stock units of PlusAI upon their settlement.

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2. Domestication The Domestication will occur at least one business day prior to the Merger Closing Date. At the effective time of the Domestication, each CCIX Class A Ordinary Share, including shares issuable upon the Sponsor Share Conversion, will be automatically surrendered and will be converted into one share of CCIX Class A Common Stock. Each issued and outstanding CCIX public warrant and CCIX private placement warrant will automatically convert into warrants to acquire a corresponding number of shares of the CCIX Class A Common Stock. No accounting adjustments are expected to be recorded from the Domestication. 3. PlusAI Historical Adjusted Financial Information Subsequent to September 30, 2025, PlusAI entered into SAFEs with multiple investors for gross proceeds of $22.0 million. The Company is in the process of evaluating the accounting treatment of these transactions and the fair value of the underlying liabilities. For pro forma purposes, the following table includes the PlusAI Historical Balance Sheet as of September 30, 2025, the estimated SAFE adjustment based on the cash proceeds received related to the issuance of SAFEs by PlusAI in the fourth fiscal quarter of 2025, and the estimated PlusAI Historical Adjusted financial information:

| Assets                                                                                        
 Current assets:                                                                               | PlusAI Historical |          |   |     | Subsequent SAFE Issuances |        |     | PlusAI Historical Adjusted |          |   |
|:----------------------------------------------------------------------------------------------|:------------------|---------:|:--|:----|:--------------------------|-------:|:----|:---------------------------|---------:|:--|
| Cash and cash equivalents                                                                     | $                 |   17,467 |   |     | $                         | 22,000 |     | $                          |   39,467 |   |
| Short-term marketable securities                                                              |                   |      433 |   |     |                           |      — |     |                            |      433 |   |
| Accounts and other receivables                                                                |                   |      750 |   |     |                           |      — |     |                            |      750 |   |
| Deferred offering costs