Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 662

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 662
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 and Stockholders’ Deficit for the Nine Months ended September 30, 2024 and 2025 | F-87 |
| Condensed Consolidated Statements of Cash Flow for the Nine Months ended September 30, 2024 and 2025                                                        | F-88 |
| Notes to Unaudited Condensed Consolidated Financial Statements                                                                                              | F-89 |

2Given the fundamental shift in the business of PlusAI as a result of the Restructuring, including the business model, products offered, customers targeted, and geographic regions in which business is conducted, this proxy statement/prospectus omits financial statements for the seven months ended July 31, 2023, the period that preceded the Restructuring, Pursuant to the SEC’s authority in Rule 3-13 of Regulation S-X, we have been permitted to substitute audited consolidated financial statements for the six months ended June 30, 2025 for the consolidated financial statements for the seven months ended July 31, 2023.

<div align='center'>F-41

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

To the Board of Directors and Stockholders

of Plus Automation, Inc.

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheet of Plus Automation, Inc. and its subsidiaries (the “Company”) as of December 31, 2023, and the related consolidated statements of operations and comprehensive loss, redeemable convertible preferred stock and stockholders’ deficit, and cash flows for the five months ended December 31, 2023, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023, and the results of its operations and its cash flows for the five months ended December 31, 2023, in conformity with accounting principles generally accepted in the United States of America.

Substantial Doubt about the Company’s Ability to Continue as a Going Concern

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the consolidated financial statements, the Company has incurred recurring losses from operations, negative cash flows from operations and its cash and cash equivalents are not sufficient to complete its planned activities for the next twelve months. These conditions raise substantial doubt about its ability to continue as a going concern. Management’s