Michael Stuart Klein - May 1, 2024 Form 3 Insider Report for Churchill Capital Corp IX/Cayman (CCIX U)

Signature
/s/ Michael Klein
Stock symbol
CCIX U
Transactions as of
May 1, 2024
Transactions value $
$0
Form type
3
Date filed
5/2/2024, 10:05 AM
Previous filing
Apr 26, 2024
Next filing
May 8, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CCIX U Class B Ordinary Shares, par value $0.0001 per share May 1, 2024 Class A Ordinary Shares, par value $0.0001 per share 7.19M See Footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares of Churchill Capital Corp IX (the "Issuer") are directly held by Churchill Sponsor IX LLC (the "Sponsor") and include up to 937,500 Class B ordinary shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments. Pursuant to the Issuer's Amended and Restated Memorandum And Articles of Association, the Class B ordinary shares will automatically convert into the Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, or at any time prior to the Issuer's initial business combination, at the option of the holder, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-278192). The Class B ordinary shares have no expiration date.
F2 Michael Klein is the controlling stockholder of M. Klein Associates, Inc., which is the managing member of the Sponsor.

Remarks:

Chief Executive Officer, President and Chairman of the Board of Directors