Churchill Capital Corp IX Winds Down After Failed Merger

Investors holding public shares can expect a redemption price of approximately $10.89 per share. The stock recently traded at $10.87 during after-hours sessions, mirroring its closing price from Tuesday. The company’s final day of trading on the Nasdaq is scheduled for July 27.

This liquidation follows a collapsed deal with autonomous trucking software provider Plus AI. The two firms had announced a merger agreement in June 2025, which initially valued Plus at a $1.2 billion pre-money equity valuation. However, the companies mutually terminated that arrangement in April, citing unfavorable market conditions that ultimately prevented the transaction from reaching completion.