Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 534

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 534
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 utilized is 0.0700. No adjustment for Permitted Equity Financing is currently expected to be included in the calculation of the Equity Value at the Closing.

The Redemption Price is $10.59 per share as of September 30, 2025, as disclosed in the unaudited financial statements of CCIX for the six months ended September 30, 2025.

The aggregate consideration that is estimated to be issued to PlusAI securityholders upon closing is 150,410,297 shares of the Post-Closing Company common stock that is comprised of the following: (1) 113,036,645 shares of the Post-Closing Company common stock that would be outstanding at the closing or issuable upon exercise of Penny Options, of which 89,559,312 shares would consist of Post-Closing Company Class A common stock with one vote per share and 23,477,333 shares would consist of Post-Closing Company Class B common stock with one fourth vote per share, (2) 3,219,215 shares of the Post-Closing Company Class A common stock issuable upon the vesting of the assumed PlusAI RSUs, (3) 4,705,269 shares of the Post-Closing Company Class A common stock issuable upon the exercise of assumed PlusAI stock options, and (4) 29,449,168 shares of the Post-Closing Company Class A common stock issuable upon the exercise of the assumed PlusAI warrants.

The Transactions

Other related events that are contemplated to take place in connection with the business combination are summarized:

Sponsor Agreement. Concurrently with the execution of the Merger Agreement, CCIX entered into the Sponsor Agreement with the Sponsor and certain Insiders of CCIX. Pursuant to the terms of the Sponsor Agreement, the Sponsor and each of the Insiders (each, a “ Sponsor Signatory ”) agreed (1) to vote any of such Sponsor Signatory’s shares of CCIX shares in favor of the Transactions and other SPAC Stockholder Matters, (2) not to redeem any of such Sponsor Signatory’s shares of CCIX shares , in connection with the CCIX shareholder redemption , (3) to vote in favor of the appointment or election of the individuals nominated for election of the individuals nominated for election in this proxy statement/prospectus, (4) to either (a) pay any amounts in excess of the SPAC Transaction Expenses Amount (such amount, the “ Excess Amount ”) to CCIX or an account designed by