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PlusAI and Churchill Capital Corp IX Announce Amended No 2 Filing of Registration Statement on Form S-4 in Connection with Proposed Business Combination

CCIX
  • PlusAI & Churchill Capital Corp IX filed an amended Form S-4 registration statement with the SEC for their proposed business combination.
  • The joint registration includes a preliminary proxy statement/prospectus that has not yet been declared effective by the SEC.
  • PlusAI operates as an AI-native virtual driver company founded in 2016, utilizing over six million miles of real-world data for its SuperDrive™ software.
  • The company partners with major truck OEMs including TRATON GROUP (Scania, MAN, International), Hyundai, & IVECO to deploy factory-built autonomous trucks.
  • Customer fleet trials using SuperDrive™ commenced in Texas along the I-35 corridor with International Trucks & PlusAI.
  • Scania & PlusAI executed a world-first precision bike jump demonstration with Red Bull to validate autonomous control.
  • PlusAI reported Safety Case Readiness (SCR) for SuperDrive™ reached 86% in the first half of 2025, up from 75% in the second half of 2024.
  • International & PlusAI are accelerating Level 4 development using the NVIDIA DRIVE AGX Hyperion platform.
  • PlusAI successfully completed driverless safety maneuver validation tests with no driver or remote intervention.
  • Upon closing, the combined entity will operate as "PlusAI" & trade on Nasdaq under the ticker "PLS."
  • The business combination is expected to close in Q1 2026, subject to shareholder approval & SEC effectiveness.
  • PlusAI aims to launch commercial factory-built autonomous trucks enabled by SuperDrive™ in 2027.