Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 696

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 696
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 was $1.0 million, $2.5 million, and $1.3 million for the five months ended December 31, 2023, for the year ended December 31, 2024, and for the six months ended June 30, 2025, respectively. These amounts were included in the net cash used in operating activities in the Company’s consolidated statements of cash flows.

<div align='center'>F-67

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

The weighted average remaining operating lease term and the weighted average discount rate used to determine the operating lease liability were as follows:

|                                                                      |     | December 31, |      |   |     |      |      |   |     | June 30, |      |   |
|                                                                      |     |         2023 |      |   |     | 2024 |      |   |     |     2025 |      |   |
| Weighted-average remaining lease term of operating leases (in years) |     |         2.26 |      |   |     | 1.33 |      |   |     |     0.94 |      |   |
| Weighted-average discount rate of operating leases                   |     |              | 4.33 | % |     |      | 4.26 | % |     |          | 4.16 | % |

As of the reporting period end, the maturities of the Company’s operating lease liabilities (excluding short-term leases) were as follows:

| (in thousands)                                      
 2025 (remaining months)                             
 2026                                                
 Total undiscounted lease payments                   
 Less: imputed interest                              | June 30, 
 2025     | 1,104 
   533 
 1,637 
   (30 | ) |
|:----------------------------------------------------|:---------|------:|:--|
| Present value of operating lease liabilities        | $        | 1,607 |   |
| Operating lease liabilities, current                | $        | 1,434 |   |
| Operating lease liabilities, net of current portion | $        |   173 |   |

10. Common Stock On July 31, 2023, in connection with the Restructuring, the Company amended and restated its certificate of incorporation (“ July 2023 COI ”) that remained in place through June 30, 2025. Under the July 2023 CO