Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 278

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 278
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 their knowledge of, and familiarity with, the M&A and capital markets marketplace. In general, CCIX looked for acquisition targets that were of a relevant size and positioned, operationally and financially, to be successful as a public company. CCIX further looked for those transactions that it believed, if entered into, would be well-received by the public markets. In particular, CCIX generally sought to identify companies that (1) were sourced through CCIX’s proprietary channels, (2) would benefit uniquely from CCIX’s capabilities, (3) have a committed and capable management team, (4) generate or have the future potential to generate stable free cash-flow and (5) have the potential to grow through both organic growth and acquisition opportunities. CCIX also sought to identify companies that it believed would benefit from being a publicly-held entity, particularly with respect to access to capital for both organic growth and for use in acquisitions, with a particular emphasis on companies with unique growth characteristics enabled by artificial intelligence. CCIX generally applied these criteria when evaluating potential targets. CCIX’s selection process leveraged its Sponsor’s network of industry, venture capital sponsor and private equity sponsor relationships as well as relationships with management teams of public and private companies, investment bankers, attorneys, and accountants. CCIX deployed a proactive, thematic sourcing strategy with a focus on companies where it believed the combination of its operating experience, relationships, capital, and capital markets expertise could be catalysts to transform a target company and help accelerate the target’s growth and performance. During the course of 2024 and 2025, following the closing of the CCIX IPO, representatives of Archimedes Advisor Group LLC, CCIX’s strategic advisor and affiliate of Michael Klein, Chairman of the Board of CCIX (“ Archimedes ”), at the direction of CCIX, and the Sponsor commenced a focused search for prospective business combination candidates (“ targets ”) for CCIX to partner with in its initial business combination. CCIX, with the assistance of Archimedes, developed a list of over a dozen targets leveraging the proprietary sourcing channels described above. Representatives of CCIX were also contacted by potential targets that it had not previously identified through its search process. The CCIX Board was updated on a regular basis regarding the search process. Targets were initially evaluated by CCIX and Archimedes through the review of publicly available company-specific and industry information, as well as insights from discussion with CCIX’s network of advisors. If a potential target screened favorably against the evaluation criteria described above, then CC