Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 462

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 462
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‑built deployments through established sales and service channels. This combination is designed to position PlusAI to accelerate time‑to‑market, reduce hardware integration complexity, and scale efficiently without incurring the capital burden of operating fleets or building manufacturing infrastructure.

Our Unique Partner Ecosystem

Our OEM and technology partnerships form the foundation of our commercialization model and we believe position PlusAI to scale quickly in a capital efficient manner. These relationships provide access to manufacturing, distribution, and service infrastructure required for industrial‑scale deployment and create significant competitive differentiation.

OEM Partnerships

We have established strategic collaborations with three major global commercial vehicle OEMs—TRATON GROUP, IVECO, and Hyundai Motor Company—that collectively represent a significant share of global heavy‑duty truck sales. We believe we are both a leading provider in the autonomous trucking industry and that we are currently the only L4 autonomous trucking technology provider with active OEM‑integrated programs in both the United States and Europe.

<div align='center'>Share Based on New Truck Sales(2)</div>

Information on Aurora and Torc are based on public filings and other publicly available information only.

Wholly owned subsidiary of Daimler Trucks.

S&P Global data of new truck sales of OEMs covered by L4 partnerships in the United States and Europe for 2024.

TRATON GROUP . In 2023, we entered a collaboration with TRATON GROUP and its affiliates to jointly develop a commercial L4 autonomous transport solution designed for hub‑to‑hub freight operations. TRATON GROUP is a publicly listed subsidiary of Volkswagen Group and one of the world’s largest manufacturers of commercial vehicles, with brands including Scania, MAN,

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International, and Volkswagen Truck & Bus. In 2024, TRATON sold 278,000 trucks globally. Our collaboration agreement with TRATON governs the development, integration and validation of the SuperDrive autonomous driving software on TRATON vehicle platforms and eventual commercialization of such software to TRATON customers. Pursuant to the development provisions of such collaboration agreement, PlusAI is reimbursed for a portion of the research and development expenses attributable to specific development activities. In connection with its commercialization of SuperDrive enabled heavy trucks, TRATON has agreed to pay PlusAI a portion of the per-mile fee TRATON receives from fleet operators consistent with the DaaS model described in “ —Our Software Business Model ” and “ —Market Opportunity—Autonomous Technology is Positioned to Unlock Value for