Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 39

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 39
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 which the instrument, or the last of such instruments, if more than one, is executed.

“Penny Options” are to common stock options granted to third parties with the exercise price equal to the par value of the underlying share and fully vested at issuance.

“Per Share Equity Value” are to the quotient, rounded to the nearest $0.01, obtained by dividing (1) the sum of (a) the Equity Value plus (b) the aggregate exercise price of all PlusAI options to the extent outstanding and vested as of immediately prior to the Effective Time by (2) the PlusAI Total Shares.

“Permitted Equity Financing” are to certain sales by PlusAI of its equity securities in a bona fide equity financing transaction not to exceed $50,000,000 in the aggregate, unless otherwise agreed in writing between CCIX and PlusAI, subject to certain limitations set forth in the Merger Agreement.

“permitted withdrawals” are to amounts withdrawn by CCIX from account trust account to (1) fund CCIX’s working capital requirements, subject to an annual limit of $1,000,000, and (2) pay CCIX’s taxes, notwithstanding the $1,000,000 annual limitation applicable to working capital withdrawals; all permitted withdrawals may only be made from interest and not from the principal held in the trust account.

“PlusAI” are to Plus Automation, Inc., a Delaware corporation, prior to the Effective Time (or, as expressly stated in this proxy statement/prospectus or the context otherwise requires, the Post-Closing Company).

“PlusAI Board” are to the board of directors of PlusAI.

“PlusAI capital stock” are to PlusAI common stock and PlusAI preferred stock.

“PlusAI Class A common stock” are to PlusAI’s Class A common stock, par value $0.0001 per share.

“PlusAI Class B common stock” are to PlusAI’s Class B common stock, par value $0.0001 per share.

“PlusAI common stock” are to PlusAI’s Class A common stock and Class B common stock.

“PlusAI LV preferred stock” are to PlusAI Series A-3-X preferred stock, PlusAI Series A-4-X preferred stock and PlusAI Series B-X preferred stock, collectively and shares of PlusAI common stock resulting from the conversion thereof.

“PlusAI options” are to all issued and outstanding options to purchase or otherwise acquire shares of PlusAI common stock (whether or not vested) held by any person