Churchill Capital IX Q1 FY26 net income drops to USD 1.49 million

• Churchill Capital Corp IX posted net income of $1.49 million for quarter ended March 31, 2026, down 44.96% from a year earlier.
• Interest income from Trust Account fell 11.70% to $2.65 million, while general and administrative costs climbed to $1.15 million from $283,455.
• Marketable securities and cash held in Trust Account rose to $310.26 million as of March 31, 2026, up from $307.62 million at Dec. 31, 2025; cash held outside Trust Account increased to $167,798 from $2,469.
• PlusAI business combination agreement was terminated by mutual consent effective April 20, 2026 due to market conditions, cancelling April 24 shareholder meeting and related redemption deadline.

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: 0001193125-26-226645), on May 15, 2026, and is solely responsible for the information contained therein.