Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 98

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 98
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 claim to the deferred underwriting fees payable to it pursuant

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to that certain underwriting agreement (the “Underwriting Agreement”), dated May 1, 2024, between CCIX and Citi, as representative of the several underwriters of the CCIX IPO, representing approximately $8.1 million, in connection with its underwriting services performed in connection with the CCIX IPO, subject to its receipt of a cash advisory fee of $7.0 million (the “Capital Markets Advisory Fee”) payable upon the closing of the Transactions. CCIX and Citi have entered into an engagement letter under which Citi will provide capital markets advisory services to CCIX in connection with the Transactions, and the Capital Markets Advisory Fee will be payable upon the closing of the Transactions and Citi shall be eligible for an additional incentive fee of up to $3.0 million payable solely at the discretion of CCIX and Plus. The balance of the remaining deferred underwriting fees in the amount of approximately $2.0 million will be payable to the other underwriters in the CCIX IPO upon the closing of the Transactions.

PlusAI Advisory Agreements

PlusAI has entered into engagement letters with Canaccord Genuity LLC (“Canaccord”) and Northland Securities, Inc. (“Northland”) in connection with the business combination. Under the agreement with Canaccord, Canaccord will act as a financial and capital markets advisor to PlusAI in connection with the Transactions. Pursuant to this agreement, certain service fees of up to $750,000 will be payable upon the closing of the Transactions. Under the agreement with Northland, Northland will act as a financial advisor to PlusAI in connection with the Transactions. Pursuant to this agreement, certain transaction fees and service fees will become payable only if PlusAI consummates the business combination. If the business combination does not occur, PlusAI will not be required to pay these contingent fees. As of September 30, 2025, the amount of these contingent fees with Northland was $2,000,000.

Matters Being Voted On at the Extraordinary General Meeting

CCIX shareholders will be asked to consider and vote on the following proposals at the extraordinary general meeting:

a proposal to approve by ordinary resolution the Merger Agreement and business combination — we refer to this proposal as the “ business combination proposal .” Please see the section entitled “ Proposal No. 1 — The Business Combination Proposal ”;

a proposal to approve, on a