Michael Klein - May 6, 2024 Form 4 Insider Report for Churchill Capital Corp IX/Cayman (CCIX U)

Signature
/s/ Michael Klein
Stock symbol
CCIX U
Transactions as of
May 6, 2024
Transactions value $
$7,250,000
Form type
4
Date filed
5/8/2024, 04:05 PM
Previous filing
May 2, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCIX U Class A Ordinary Shares Purchase $7.25M +725K $10.00* 725K May 6, 2024 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares underlying units (each unit consisting of one Class A ordinary share and one-quarter of one warrant, each whole warrant exercisable to purchase one Class A ordinary share) directly held by Churchill Sponsor IX LLC (the "Sponsor"), and which were acquired pursuant to a Private Placement Units Purchase Agreement by and between the Sponsor and Churchill Capital Corp IX (the "Issuer"). Does not include 7,187,500 Class B ordinary shares, which shares will automatically convert into Class A ordinary shares 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).
F2 Michael Klein, the Chief Executive Officer and a director of the Issuer, is the controlling shareholder of M. Klein Associates, Inc., which is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Mr. Klein may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Mr. Klein disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Remarks:

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