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Churchill Capital Corp IX terminates merger with PlusAI due to market conditions
Termination of Merger Agreement with Plus Automation (PlusAI) effective April 20, 2026 by mutual consent.
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Churchill Capital IX postpones SPAC vote on PlusAI deal to April 15, 2026
Meeting rescheduled from Feb 11 to April 15, 2026, or later based on market conditions and PlusAI's audit.
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Churchill Corp IX postpones shareholder meeting to Feb 11 for PlusAI merger vote
Extraordinary general meeting for Churchill-PlusAI business combination rescheduled from Feb 3 to Feb 11, 2026.
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PlusAI & TRATON expand autonomous trucking pact; $25M R&D funding, board seat, warrants tied to $400M revenue
TRATON commits up to $25M in non-dilutive R&D funding to PlusAI for SuperDrive factory integration.
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Churchill Capital Corp IX stockholders ratify Withum as auditor for FY2025
28,245,577 votes for, 794 against, 125,000 abstain on auditor ratification.
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Churchill Capital Corp IX issues up to $1.5M promissory note to sponsor for working capital
Unsecured, non-interest bearing note of up to $1,500,000 issued to Churchill Sponsor IX LLC on Dec 2, 2025.
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Churchill Capital Corp IX sets director compensation at $75k/year for three independent directors
Cash compensation of $75,000 per annum for each of William Sherman, Paul Lapping, and Stephen Murphy.
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Churchill Capital Corp IX to merge with Plus Automation at $1.2B pre-money equity value
Pre-money equity value of Plus Automation set at $1.2B; Exchange Ratio based on $10.00 per share.
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Churchill Capital Corp IX to merge with Plus Automation at $1.2B pre-money; up to $300M in gross proceeds
Plus develops AI virtual driver 'SuperDrive' for autonomous trucks; valued at $1.2B pre-money equity.
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Churchill Capital Corp IX appoints Paul D. Lapping to board and committees
Paul D. Lapping appointed as director and member of audit and compensation committees, effective April 18, 2025.
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Churchill Capital Corp IX appoints William Sherman to board and committees
Appointment effective July 30, 2024; Sherman joins audit and compensation committees.
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Churchill Capital Corp IX announces separate trading of Class A shares and warrants starting June 21
Units (CCIXU) may be separated into Class A shares (CCIX) and warrants (CCIXW) from June 21, 2024.
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Churchill Capital Corp IX closes $287.5M IPO; funds placed in trust
Sold 28.75M units at $10 each, including full over-allotment exercise; gross proceeds $287.5M.
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Churchill Capital Corp IX closes $287.5M IPO, units begin trading on Nasdaq
IPO of 28,750,000 units at $10 each (includes full over-allotment); gross proceeds $287.5M.