Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 431

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 431
---
 liabilities, including liabilities under the Securities Act. As of December 31, 2024, CCIX had access to up to $2,412,564 from the proceeds of the CCIX IPO and CCIX Private Placement, as well as permitted withdrawals, with which to pay any such potential claims (including costs and expenses incurred in connection with CCIX’s liquidation, currently estimated to be no more than approximately $100,000). In the event that CCIX liquidates and it is subsequently determined that the reserve for claims and liabilities is insufficient, shareholders who received funds from the trust account could be liable for claims made by creditors.

If CCIX files a winding up petition or a winding up petition is filed against CCIX that is not dismissed, the proceeds held in the trust account could be subject to applicable bankruptcy or insolvency law, and a liquidator may determine that such funds should be included in CCIX’s bankruptcy or insolvency estate and subject to the claims of third-party creditors with priority over the claims of CCIX’s shareholders. To the extent any bankruptcy or insolvency claims deplete the trust account, CCIX cannot assure CCIX’s shareholders that CCIX will be able to return $10.00 per share to the CCIX public shareholders. Additionally, if CCIX files a winding up petition or a winding up petition is filed against CCIX that is not dismissed, any distributions received by shareholders could be subject to challenge under applicable debtor/creditor and/or insolvency laws as a “voidable preference” or a “fraudulent conveyance, preference or disposition.” As a result, a liquidator or a bankruptcy or other court could seek to recover some or all amounts received by CCIX’s shareholders. Furthermore, the CCIX Board may be viewed as having breached its fiduciary duty to CCIX or CCIX’s creditors and/or may have acted in bad faith, and thereby exposing itself and the Company to claims of punitive damages, by paying CCIX public shareholders

<div align='center'>265</div>

from the trust account prior to addressing the claims of creditors. CCIX cannot assure CCIX’s shareholders that claims will not be brought against CCIX for these reasons. Facilities CCIX currently maintains its executive offices at 640 Fifth Avenue, 14th Floor, New York, NY 10019. The cost for this space is included in the $30,000 per-month aggregate fee an affiliate of the Sponsor charges CCIX for office space, administrative and support services pursuant to an administrative services agreement between CC