Churchill Capital Corp IX FY25 general and administrative costs rise to USD 3.94 million, up 374 percent

Reuters
Feb 06
<a href="https://laohu8.com/S/CCIX">Churchill Capital Corp IX</a> FY25 general and administrative costs rise to USD 3.94 million, up 374 percent

Churchill Capital Corp IX reported full year (FY) net income of USD 8.56 million for the period ended December 31, 2025. The figure reflects interest income of USD 12.49 million earned on marketable securities and cash held in the Trust Account, offset by general and administrative costs of USD 3.94 million. For the full year ended December 31, 2024, net income stood at USD 8.79 million, with interest income of USD 9.62 million and general and administrative costs of USD 0.83 million. Churchill Capital Corp IX, incorporated in the Cayman Islands in December 2023, operates as a blank check company formed to effect a business combination with one or more businesses. The company remains in the early stages of its operations and continues to incur significant costs related to its acquisition plans. Management highlighted ongoing efforts to complete a business combination, including the potential PlusAI Business Combination, although there is no assurance that these plans will be successful.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Churchill Capital Corp IX published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-039696), on February 05, 2026, and is solely responsible for the information contained therein.

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