Churchill Capital Corp IX will redeem all outstanding Class A ordinary shares and liquidate the company after failing to complete an initial business combination by the deadline. The company's board of directors determined it cannot finalize a deal under its Amended and Restated Memorandum and Articles of Association. Shareholders will receive an estimated redemption price of approximately $10.89 per share, representing the aggregate amount in the trust account including interest earned, net of permitted withdrawals and dissolution expenses.

The company instructed Continental Stock Transfer & Trust Company, its trustee, to disburse funds from the trust account. Record holders of public shares must deliver their shares to Continental to receive the proceeds, while beneficial owners holding shares in "street name" need not take any action. The redemption amount is expected to be paid out by July 28, 2026. Warrants will expire worthless with no redemption rights or liquidating distributions.

Trading of Churchill Capital Corp IX's securities on Nasdaq will halt on July 27, 2026. Effective as of the close of business on July 28, 2026, the public shares will be cancelled and will only represent the right to receive the redemption amount. The company expects Nasdaq to file a Form 25 with the United States Securities and Exchange Commission to delist its securities. Subsequently, the company intends to file a Form 15 to suspend its reporting obligations under Sections 13 and 15(d) of the Exchange Act.

The company's sponsor has agreed to waive its redemption rights regarding funds held in the trust account for its Class A and Class B ordinary shares. All costs and expenses associated with the dissolution will be funded from proceeds held outside the trust account. The liquidation process remains subject to the company's obligations under Cayman Islands law to provide for creditor claims and other applicable legal requirements.

Key Liquidation Details