Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 593

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 593
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 Shares upon completion of the CCIX IPO (not including the CCIX Class A Ordinary Shares underlying the CCIX private placement units). The CCIX Founder Shares (including the CCIX Class A Ordinary Shares issuable upon exercise thereof) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holder.

The Sponsor purchased an aggregate of 725,000 CCIX private placement units, at a price of $10.00 per unit, for an aggregate purchase price of $7,250,000, in the private placement. Each private placement warrant contained in the CCIX private placement units is exercisable to purchase one whole CCIX Class A Ordinary Share at a price of $11.50 per share. The CCIX private placement warrants will become exercisable 30 days after the completion of the initial business combination. The CCIX private placement warrants (including the CCIX Class A Ordinary Shares issuable upon exercise thereof) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holder until 30 days after the completion of the initial business combination; however, if the business combination is consummated, each Sponsor Signatory holding the CCIX private placement warrants has agreed to the Sponsor Lockup. See the section entitled “Proposal No. 1 — The Business Combination Proposal — Certain Agreements Related to the Business Combination — Sponsor Agreement.” The CCIX private placement warrants will be non-redeemable and exercisable for cash or on a “cashless basis.” The CCIX private placement warrants will not expire except upon liquidation.

If any of CCIX’s officers or directors becomes aware of a business combination opportunity that falls within the line of business of any entity to which he or she has then current fiduciary or contractual obligations, he or she may be required to honor his or her fiduciary or contractual obligations to present such business combination opportunity to such entity. CCIX’s officers and directors currently have certain relevant fiduciary duties or contractual obligations that may take priority over their duties to us.

Commencing on May 2, 2024, CCIX reimburses the Sponsor or an affiliate thereof in an amount equal to $30,000 per month for office space, utilities and secretarial and administrative support made available to us. Upon completion of the initial business combination or CCIX’s liquidation, CCIX will cease paying these monthly fees.

Prior to or in connection with the completion of the initial business combination, there may be payment by the Company to the Sponsor, officers or directors