---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-167376"
form_type: "8-K"
ticker: null
cik: "0002086744"
company_name: "Plus Automation, Inc."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:57:19.638029+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-167376
- form_type: 8-K
- cik: 0002086744
- company_name: Plus Automation, Inc.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2086744/000119312526167376/0001193125-26-167376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2086744/000119312526167376/ck0002086744-20260420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-167376
- JSON: https://secwatch.observer/filing/0001193125-26-167376.json
- Plain text: https://secwatch.observer/filing/0001193125-26-167376.txt

## Source-grounded claims
- claim_id: 5a79aaea8fb19e23ac6d22fa742e2440c9e64a9e
  claim: 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).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2086744/000119312526167376/0001193125-26-167376-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.