Churchill Capital Corp IX/Cayman

CIK:0002006291|SEC Filings

Condensed Consolidated Statements Of Operations - USD ($)	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
General and administrative costs	$ 1,153,135	$ 283,455
Loss from operations	(1,153,135)	(283,455)
Other income:
Interest income earned on marketable securities and cash held in Trust Account	2,647,110	2,997,592
Total other income	2,647,110	2,997,592
Net income	$ 1,493,975	$ 2,714,137
Class A redeemable ordinary shares [Member]
Other income:
Basic weighted average shares outstanding	28,750,000	28,750,000
Basic net income per share	$ 0.04	$ 0.07
Diluted weighted average shares outstanding	28,750,000	28,750,000
Diluted net income per share	$ 0.04	$ 0.07
Class A and B non-redeemable ordinary shares [Member]
Other income:
Basic weighted average shares outstanding	7,912,500	7,912,500
Basic net income per share	$ 0.04	$ 0.07
Diluted weighted average shares outstanding	7,912,500	7,912,500
Diluted net income per share	$ 0.04	$ 0.07

Condensed Consolidated Statements Of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash Flows from Operating Activities:
Net income	$ 1,493,975	$ 2,714,137
Adjustments to reconcile net income to net cash used in operating activities:
Interest income earned on Trust Account	(2,647,110)	(2,997,592)
Changes in operating assets and liabilities:
Prepaid expenses	(61,465)	(59,829)
Prepaid insurance	107,748	107,749
Accrued expenses	772,181	42,948
Net cash used in operating activities	(334,671)	(192,587)
Cash Flows from Financing Activities:
Proceeds from convertible promissory note - related party	500,000	0
Net cash provided by financing activities	500,000	0
Net Change in Cash	165,329	(192,587)
Cash – Beginning of period	2,469	2,412,564
Cash – End of period	$ 167,798	$ 2,219,977

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash	$ 167,798	$ 2,469
Prepaid expenses	68,654	7,189
Short-term prepaid insurance	44,297	152,045
Total current assets	280,749	161,703
Marketable securities and cash held in Trust Account	310,264,509	307,617,399
Total Assets	310,545,258	307,779,102
Current liabilities:
Accrued expenses	945,150	172,969
Total current liabilities	945,150	172,969
Deferred underwriting fee payable	10,062,500	10,062,500
Total Liabilities	11,507,650	10,235,469
Commitments and Contingencies (Note 6)
Shareholders' Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding as of March 31, 2026 and December 31, 2025	0	0
Additional paid-in capital	0	0
Accumulated deficit	(11,227,693)	(10,074,558)
Total Shareholders' Deficit	(11,226,901)	(10,073,766)
Total Liabilities, Class A Ordinary Shares Subject to Redemption and Shareholders' Deficit	310,545,258	307,779,102
Common Class A [Member]
Current liabilities:
Class A ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of approximately $10.79 and $10.70 per share as of March 31, 2026 and December 31, 2025, respectively	310,264,509	307,617,399
Shareholders' Deficit
Common Stock	73	73
Common Class B [Member]
Shareholders' Deficit
Common Stock	719	719
Related Party [Member]
Current liabilities:
Convertible note - related party	$ 500,000	$ 0