Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 140

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 140
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 future growth will require us to continue to improve our operational, financial and management controls, compliance programs and systems automation. We are also currently in the process of strengthening our compliance programs, including in relation to export controls, privacy, data protection, cybersecurity and anti-corruption. We will also need to expand our financial and accounting resources and make certain other improvements to support our complex arrangements and the rules governing revenue and expense recognition for our future operations. We may not be able to implement these improvements in an efficient or timely manner, or we may discover deficiencies in existing controls, programs, systems and procedures. Any of these challenges could have an adverse effect on the accuracy of our reporting or on our business relationships, reputation and financial results.

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Forward-looking estimates and predictions as to the future deployment of our technology, and the associated adoption curve are subject to significant uncertainty and are based on assumptions and estimates that may prove inaccurate.

We use various estimates in formulating our business plans. We base our estimates upon a number of assumptions that are inherently subject to significant business and economic uncertainties and contingencies, many of which are beyond our control. Our estimates therefore may prove inaccurate, causing the actual amount to differ from our estimates. These factors include, without limitation:

the timing and breadth of our technology’s operating domain and product models;

the anticipated number of autonomous miles per truck;

the expected timing and rate of deployment and adoption of our technology, including our target deployment estimates and estimated total number of L4 autonomous trucks operating in the United States and Europe in the future;

our estimates and assumptions regarding our future expenses and working capital, including future sales, marketing, general and administrative expenses, research and development expenses and expected capital expenditures both before first commercial deployment of our technology and long-term;

the expected future cost of truck driver labor and workforce shortages;

the time it takes us to develop and commercialize our autonomous driving technology to scale;

the degree of utilization achieved by our virtual driver technology;

the savings achievable through autonomy;

the share of the value derived from our technology relative to our OEM partners;

our ability to maintain our relationships with our OEM partners;

growth in research and development and operating expenses;

the extent to which our technology is successfully and efficiently deployed by our OEM partners, and our market penetration more broadly;

the timing of when our partners and end customers adopt our technology on a commercial basis which could be delayed for regulatory, safety or reliability issues including for reasons unrelated to our technology;

the timing of future autonomous vehicle hardware generations and vehicle platforms;

competitive