Churchill Capital and Plus Automation terminate merger agreement on April 20, 2026

Plus Automation, Inc.

Merger agreement dated June 5, 2025, between Churchill Capital Corp IX and Plus Automation terminated by mutual consent.
Termination effective April 20, 2026, citing market conditions as the reason.
No deal value or termination fee disclosed in the filing.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Plus Automation, Inc. terminated Agreement and Plan of Merger and Reorganization with Churchill Capital Corp IX valued at Termination of Merger Agreement (effective 2026-04-20).

Action: termination
Agreement: merger
Counterparty: Churchill Capital Corp IX
Value: Termination of Merger Agreement
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.

View on SEC.gov

Browse all material agreements →

Source: SEC EDGAR

accession 0001193125-26-167376

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.