Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 5

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 5
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INATION DESCRIBED IN THIS PROXY STATEMENT)</div>

The board of directors of Churchill Capital Corp IX, a Cayman Islands exempted company (“ CCIX ,” “ we ” or “ our ”), has approved the Agreement and Plan of Merger and Reorganization, dated as of June 5, 2025 (as amended by Amendment No. 1 dated September 8, 2025 and Amendment No. 2 dated September 18, 2025, and as may be further amended, modified, supplemented or waived from time to time, the “ Merger Agreement ”), by and among CCIX, AL Merger Sub I, Inc., a Delaware corporation and direct, wholly owned subsidiary of CCIX (“ Merger Sub I ”), AL Merger Sub II, LLC, a Delaware limited liability company and a direct, wholly owned subsidiary of CCIX (“ Merger Sub II ”, and, together with Merger Sub I, “ Merger Subs ”) and Plus Automation, Inc., a Delaware corporation (“ PlusAI ”). The Merger Agreement, among other things and subject to the terms and conditions contained therein, provides for (1) the transfer of the registration of CCIX by way of continuation from the Cayman Islands to the State of Delaware (the “ Domestication ”), and (2) following the Domestication, the merger of Merger Sub I with and into PlusAI, with PlusAI continuing as the surviving corporation, and immediately thereafter, such surviving corporation merging with and into Merger Sub II, with Merger Sub II continuing as the surviving entity and as a wholly owned subsidiary of CCIX (the “ Merger ,” and, together with the Domestication and other transactions contemplated by the Merger Agreement and the related agreements, the “ Transactions ” or the “ business combination ”). In connection with the business combination, CCIX will change its name to “PlusAI Holdings, Inc.” We refer to the new public entity following the consummation of the business combination as the “ Post-Closing Company .” Subject to the terms and conditions of the Merger Agreement, the value of the aggregate consideration to be paid to PlusAI stockholders and holders of PlusAI SAFEs, vested PlusAI RSUs, vested PlusAI options and vested PlusAI warrants will be (1) (a) $1,200,000,000 plus (b) the amount of any net proceeds raised by PlusAI prior to the consummation of the Transactions (the “ Closing ”