Inability to Complete a Business Combination and Subsequent Liquidation Risk: Churchill Capital Corp. IX may not be able to identify and complete a suitable initial business combination within the prescribed time frame, which would result in the liquidation of the company and a return of funds to public shareholders, but without any interest on the funds.

Risk of Shareholder Dilution and Future Equity Offerings: Future issuances of additional shares of Class A common stock or securities convertible into Class A common stock, including upon the exercise of warrants or in connection with a PIPE (private investment in public equity) transaction, could dilute the ownership interests of current shareholders.

Redemption Risk for Public Shares: Public shareholders may choose to redeem their shares for cash, which could deplete the amount of cash available to complete a business combination and potentially lead to the cancellation of a proposed transaction or a smaller post-combination entity.