Churchill Capital Corp IX/Cayman (CCIX) Form 10-Q — May 15, 2026
Churchill Capital Corp IX (CCIX) reported a net income of $1.49 million for the quarter ended March 31, 2026, driven primarily by $2.65 million in interest income earned on its trust account, which now holds $310.3 million. The SPAC faces substantial doubt regarding its ability to continue as a going concern, citing a mandatory liquidation deadline of August 6, 2026, and the recent termination of its merger agreement with Plus Automation, Inc. due to market conditions.
Key figures
- Net Income
- 1493975
- Total Debt
- 500000
- Total Assets
- 310545258
- Cash Position
- 167798
- Interest Income Trust
- 2647110
- Liquidation Deadline
- 2026-08-06
- Trust Account Balance
- 310264509
- Deferred Underwriting Fee
- 10062500
- General And Administrative Costs
- 1153135
Price after filing
Close on the filing date to close N calendar days later (from $10.77). Historical, not a forecast.
AI analysis
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