Churchill Capital Corp IX

Churchill Capital Corp IX announced its board has determined to redeem all outstanding Class A ordinary shares and liquidate because the company cannot complete an initial business combination by its deadline. The SPAC will cease operations, redeem public shares at an estimated $10.89 per share, and dissolve, with the redemption expected to be paid out by July 28, 2026. The company’s warrants will expire worthless, and its securities will stop trading on Nasdaq after July 27, 2026. Churchill Capital Corp IX has instructed trustee Continental Stock Transfer & Trust Company to effect the redemption, with proceeds held in a trust operating account pending disbursement.