CHURCHILL C.C.IX CL.A

PlusAI and Churchill Capital Corp IX have canceled their merger agreement; PlusAI cited unfavorable market conditions as the reason. PlusAI has secured support from existing investors for an upcoming capital raise and will pursue alternative financing options instead. The company expects high revenue in 2026 and forecasts further growth in 2027; its AI products SuperDrive and HyperFoundry are already commercially deployed. PlusAI maintains partnerships with, among others, Scania, MAN, International of the TRATON GROUP, Hyundai, Iveco, NVIDIA, Bosch, DSV and Goodyear. » More on de.investing.com

Churchill Capital Corp IX and Plus Automation mutually terminated the merger agreement signed on June 5, 2025, due to unfavorable market conditions. As a result of the termination, the extraordinary general meeting scheduled for April 24, 2026, and the stock return deadline were canceled. Churchill's share is trading near its 52-week low; an InvestingPro analysis rates the stock as overvalued and assesses the financial position as "adequate." All securities of Churchill Capital Corp IX are listed on NASDAQ. » More on de.investing.com