Churchill Capital Corp IX terminates merger with PlusAI due to market conditions

Churchill Capital Corp IX/Cayman

Termination of Merger Agreement with Plus Automation (PlusAI) effective April 20, 2026 by mutual consent.
Reason cited: market conditions; no termination fee or penalty mentioned.
Extraordinary general meeting of shareholders scheduled for April 24, 2026 cancelled along with redemption deadline.
Merger Agreement originally entered June 5, 2025 and previously amended.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Churchill Capital Corp IX/Cayman terminated Merger Agreement with Plus Automation, Inc. (PlusAI) (effective 2026-04-20).

Action: termination
Agreement: merger
Counterparty: Plus Automation, Inc. (PlusAI)
Effective: 2026-04-20

Exact text from the filing

On April 20, 2026, Churchill and PlusAI entered into a Termination Agreement pursuant to which the Merger Agreement was terminated by the mutual consent of Churchill and PlusAI, effective as of April 20, 2026, due to market conditions.

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Source: SEC EDGAR

accession 0001193125-26-165149

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