Termination of Material Agreement (Form 8-K)

As previously disclosed, on June 5, 2025, Churchill Capital Corp IX ("Churchill") entered into an Agreement and Plan of Merger and Reorganization (the "Merger Agreement") with AL Merger Sub I, Inc., a Delaware corporation and direct, wholly owned subsidiary of Churchill, AL Merger Sub II, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of Churchill and Plus Automation, Inc., a Delaware corporation ("PlusAI"), as amended.

On April 20, 2026, Churchill and PlusAI entered into a Termination Agreement pursuant to which the Merger Agreement was terminated by the mutual consent of Churchill and PlusAI, effective as of April 20, 2026, due to market conditions.

In view of the termination of the Merger Agreement, Churchill has cancelled its extraordinary general meeting of shareholders previously scheduled for 10:00 a.m. Eastern Time on April 24, 2026 and the related redemption deadline.