[SCHEDULE 13G/A] Churchill Capital Corp IX/Cayman Amended Passive Investment Disclosure
Fort Baker holds 9.7% of Churchill Capital IX
Fort Baker Capital Management LP and related reporting persons disclosed a 9.7% beneficial ownership of Churchill Capital Corp IX/Cayman Class A ordinary shares in an amended Schedule 13G as of June 30, 2026.
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Fort Baker Capital Management LP and related reporting persons disclosed a 9.7% beneficial ownership of Churchill Capital Corp IX/Cayman Class A ordinary shares in an amended Schedule 13G as of June 30, 2026. Fort Baker Capital Management LP directly holds 2,873,655 Class A shares, with the same amount attributed for reporting purposes to Steven Patrick Pigott and Fort Baker Capital, LLC.
All three reporting persons list zero sole voting and dispositive power and 2,873,655 shares of shared voting and shared dispositive power. The 9.7% figure is based on 29,475,000 Class A shares outstanding as stated in the issuer’s Form 10-Q filed May 15, 2026. The parties file jointly but state they are not part of a group and each disclaims beneficial ownership beyond their pecuniary interest.
Key Figures
Shares beneficially owned:2,873,655 Class A ordinary sharesPercent of class owned:9.7%Shares outstanding baseline:29,475,000 Class A ordinary shares+2 more
5 metrics
Shares beneficially owned2,873,655 Class A ordinary sharesDirectly held by Fort Baker Capital Management LP and reported for each reporting person
Percent of class owned9.7%Beneficial ownership of Churchill Capital Corp IX/Cayman Class A shares for each reporting person
Shares outstanding baseline29,475,000 Class A ordinary sharesShares outstanding as of May 15, 2026, from issuer’s Form 10-Q
Shared voting power2,873,655 sharesNumber of shares over which each reporting person has shared power to vote
Shared dispositive power2,873,655 sharesNumber of shares over which each reporting person has shared power to dispose
"The calculation percentage of beneficial ownership in Item 11 was derived from the Issuer's"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerfinancial
"6 | Shared Voting Power 2,873,655.00 7 | Sole Dispositive Power 0.00 8 | Shared"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
"disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest"
Schedule 13Gregulatory
"The Reporting Persons are filing this jointly, but not as members of a group, and each disclaims"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Churchill Capital Corp IX (CCIX) does Fort Baker Capital report?
Fort Baker Capital Management LP and affiliates report a 9.7% beneficial ownership of Churchill Capital Corp IX/Cayman Class A ordinary shares, based on 29,475,000 shares outstanding as of May 15, 2026, in an amended Schedule 13G.
How many Churchill Capital Corp IX (CCIX) shares does Fort Baker directly hold?
Fort Baker Capital Management LP directly holds 2,873,655 Class A ordinary shares of Churchill Capital Corp IX/Cayman. This same amount is reported for Steven Patrick Pigott and Fort Baker Capital, LLC for beneficial ownership reporting purposes.
What voting and dispositive power does Fort Baker have over CCIX shares?
The reporting persons state 0 shares of sole voting and sole dispositive power and 2,873,655 shares of shared voting and shared dispositive power, indicating that authority over these CCIX shares is held on a shared basis among them.
How was the 9.7% ownership in CCIX calculated by Fort Baker?
The 9.7% beneficial ownership figure is derived from the issuer’s Form 10-Q, which stated 29,475,000 Class A ordinary shares were outstanding as of May 15, 2026; Fort Baker’s 2,873,655 shares were measured against this total.
Who are the reporting persons in the CCIX Schedule 13G/A filing?
The reporting persons are Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC, all sharing the same Larkspur, California business address and filing jointly regarding their Churchill Capital Corp IX holdings.
Do Fort Baker and related parties claim to be a group in this CCIX filing?
The reporting persons explicitly state they are filing jointly, but not as members of a group, and each disclaims beneficial ownership of the reported CCIX securities except to the extent of that person’s pecuniary interest.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
Churchill Capital Corp IX/Cayman
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G21301109
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G21301109
1
Names of Reporting Persons
Fort Baker Capital Management LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,873,655.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,873,655.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,873,655.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.7 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
G21301109
1
Names of Reporting Persons
Steven Patrick Pigott
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,873,655.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,873,655.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,873,655.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.7 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP Number(s):
G21301109
1
Names of Reporting Persons
Fort Baker Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,873,655.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,873,655.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,873,655.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.7 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Churchill Capital Corp IX/Cayman
(b)
Address of issuer's principal executive offices:
640 FIFTH AVENUE, 14TH FLOOR, NEW YORK, NEW YORK, 10019.
Item 2.
(a)
Name of person filing:
Fort Baker Capital Management LP
Steven Patrick Pigott
Fort Baker Capital, LLC
(b)
Address or principal business office or, if none, residence:
The principal business address of each reporting person is 700 Larkspur Landing Circle, Suite 275, Larkspur, CA 94939.
(c)
Citizenship:
Fort Baker Capital Management LP: Delaware Limited Partnership
Steven Patrick Pigott: Citizen of the United States
Fort Baker Capital, LLC: Delaware Limited Liability Company
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001 per share
(e)
CUSIP No.:
G21301109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Reference is hereby made to Items 5-9 of this Schedule, which Items are incorporated by reference herein.
Fort Baker Capital Management LP directly holds 2,873,655 Class A ordinary shares. Steven Patrick Pigott acts as Limited Partner/Chief Investment Officer for Fort Baker Capital Management LP. Fort Baker Capital, LLC acts as General Partner for Fort Baker Capital Management LP.
The Reporting Persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each also disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein.
The calculation percentage of beneficial ownership in Item 11 was derived from the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2026, in which the Issuer stated that the number of Class A Ordinary Shares outstanding was 29,475,000 as of May 15, 2026.
(b)
Percent of class:
Fort Baker Capital Management LP: 9.7%
Steven Patrick Pigott: 9.7%
Fort Baker Capital, LLC: 9.7%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(ii) Shared power to vote or to direct the vote:
Fort Baker Capital Management LP: 2,873,655
Steven Patrick Pigott: 2,873,655
Fort Baker Capital, LLC: 2,873,655
(iii) Sole power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(iv) Shared power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 2,873,655
Steven Patrick Pigott: 2,873,655
Fort Baker Capital, LLC: 2,873,655
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
