Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 231

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 231
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 warrants. As a result, the exercise price of your CCIX public warrants could be increased, the CCIX public warrant could be converted into cash or shares (at a ratio different than initially provided), the exercise period could be shortened and the number of CCIX Class A Ordinary Shares purchasable upon exercise of a CCIX public warrant could be decreased, all without your approval.

CCIX public warrants are issued in registered form under a warrant agreement between Continental Stock Transfer & Trust Company, as warrant agent, and CCIX. The warrant agreement provides that the terms of the CCIX public warrants may be amended without the consent of any holder to cure any ambiguity or correct any defective provision, but requires the approval by the holders of at least 50% of the then-outstanding CCIX public warrants to make any change that adversely affects the interests of the registered holders of CCIX public warrants.

Accordingly, we may amend the terms of the CCIX public warrants in a manner adverse to a holder if holders of at least 50% of the then-outstanding CCIX public warrants approve of such amendment. Although our ability to amend the terms of the public warrants with the consent of at least 50% of the then-outstanding public warrants is unlimited, examples of such amendments could be amendments to, among other things, increase the exercise price of the warrants, convert the warrants into cash or shares (at a ratio different than initially provided), shorten the exercise period or decrease the number of CCIX Class A Ordinary Shares purchasable upon exercise of a warrant.

We may redeem your unexpired CCIX public warrants prior to their exercise at a time that is disadvantageous to you, thereby making your warrants without value to the holder.

We have the ability to redeem the outstanding CCIX public warrants beginning 30 days after completion of our initial business combination and prior to their expiration, at a price of $0.01 per warrant, provided that the last reported sale price of CCIX Class A Ordinary Shares equals or exceeds $18.00 per share (as adjusted for share subdivisions, share dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30 trading day period ending on the third trading day prior to the date on which we give proper notice of such redemption and provided certain other conditions are met. If and when the CCIX public warrants become redeemable by us, we may exercise our redemption right even if we are unable to register or qualify the issuance of any underlying securities for sale under all applicable state securities laws