Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 665

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 665
---
 our opinion.

/s/ DELOITTE & TOUCHE LLP

San Jose, California

September 18, 2025

We have served as the Company's auditor since 2025.

<div align='center'>F-43</div>

PLUS AUTOMATION, INC. CONSOLIDATED B ALANCE SHEETS (In thousands, except share and per share data)

| Assets                                                                                                                                                                                                                                                                                                                                                   
 Current assets:                                                                                                                                                                                                                                                                                                                                          |     | As of December 31, 
 2023               |          |   |     | 2024 |          |   |     | As of June 30, 
 2025           |          |   |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-------------------|---------:|:--|:----|:-----|---------:|:--|:----|:---------------|---------:|:--|
| Cash and cash equivalents                                                                                                                                                                                                                                                                                                                                |     | $                  |   78,435 |   |     | $    |   49,754 |   |     | $              |   15,158 |   |
| Short-term marketable securities                                                                                                                                                                                                                                                                                                                         |     |                    |    1,779 |   |     |      |      454 |   |     |                |      494 |   |
| Accounts and other receivables                                                                                                                                                                                                                                                                                                                           |     |                    |    5,715 |   |     |      |    1,436 |   |     |                |      527 |   |
| Deferred offering costs                                                                                                                                                                                                                                                                                                                                  |     |                    |        — |   |     |      |        — |   |     |                |    4,087 |   |
| Prepaid expenses and other current assets                                                                                                                                                                                                                                                                                                                |     |                    |    3,139 |   |     |      |    3,607 |   |     |                |    3,515 |   |
| Total current assets                                                                                                                                                                                                                                                                                                                                     |     |                    |   89,068 |   |     |      |   55,251 |   |     |                |   23,781 |   |
| Long-term investment                                                                                                                                                                                                                                                                                                                                     |     |                    |   30,621 |   |     |      |   29,295 |   |     |                |   20,000 |   |
| Property and equipment, net                                                                                                                                                                                                                                                                                                                              |     |                    |    4,251 |