[SCHEDULE 13G] Churchill Capital Corp IX Unit SEC Filing

Rhea-AI Filing Summary

The Schedule 13G reports that The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC jointly disclose beneficial ownership of 2,076,550 Class A ordinary shares of Churchill Capital Corp IX, representing 7.0% of the class. The cover pages show 0 sole voting power and 2,076,550 shared voting and shared dispositive power, indicating the position is held collectively rather than by a single entity. The filing includes a joint filing agreement and an exhibit stating that Goldman Sachs & Co. LLC, a subsidiary of GS Group, is the broker/dealer and investment adviser associated with the securities. The filing also contains a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Positive

• Material transparency: Filing clearly discloses 2,076,550 shares (7.0%), aiding investor visibility into ownership concentration
• Clear parent/subsidiary disclosure: Exhibit (99.2) identifies Goldman Sachs & Co. LLC as the subsidiary and GS Group as the parent, clarifying reporting responsibility

Negative

• No sole control: Reported 0 sole voting or dispositive power, indicating Goldman Sachs does not have unilateral voting control over the shares
• Passive intent declared: Item 10 certifies the holdings are not held to change or influence control, limiting immediate strategic or governance impact

Insights

Securities Analyst

TL;DR: Goldman Sachs discloses a material passive stake of 7.0% (2,076,550 shares), reported jointly with an affiliate.

The Schedule 13G shows a meaningful position at 7.0% of Churchill Capital Corp IX, with all reported authority listed as shared voting and dispositive power and no sole power. The filing includes a joint filing agreement and an exhibit clarifying the parent/subsidiary reporting relationship. Item 10 explicitly certifies the holdings are in the ordinary course and not intended to influence control, consistent with a passive disclosure under Schedule 13G rather than an active 13D seeking control.

Corporate Governance Expert

TL;DR: Disclosure is transparent about ownership split and passive intent, limiting immediate governance implications.

The report documents shared voting/dispositive power over 2,076,550 shares and includes Exhibit (99.2) identifying Goldman Sachs & Co. LLC as the subsidiary owning the securities, with GS Group as the parent. The Item 10 certification states the securities are held in the ordinary course and not to change or influence control, which limits the filing's governance signal to investors; it documents a substantial stake but does not assert an active governance agenda.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

CHURCHILL CAPITAL CORP IX

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G21301109

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. G21301109

1

Names of Reporting Persons

THE GOLDMAN SACHS GROUP, INC.

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 2,076,550.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,076,550.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,076,550.00

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)

7.0 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP No. G21301109

1

Names of Reporting Persons

GOLDMAN SACHS & CO. 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

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,076,550.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,076,550.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,076,550.00

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)

7.0 %

12

Type of Reporting Person (See Instructions)

BD, OO, IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CHURCHILL CAPITAL CORP IX
(b)	Address of issuer's principal executive offices: 640 FIFTH AVENUE, 14TH FLOOR, X1, 10019
Item 2.
(a)	Name of person filing: THE GOLDMAN SACHS GROUP, INC.| GOLDMAN SACHS & CO. LLC
(b)	Address or principal business office or, if none, residence: The Goldman Sachs Group, Inc. 200 West Street New York, NY 10282| Goldman Sachs & Co. LLC 200 West Street New York, NY 10282
(c)	Citizenship: THE GOLDMAN SACHS GROUP, INC. - Delaware| GOLDMAN SACHS & CO. LLC - New York
(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: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: See the response(s)to Item 11 on the attached cover page(s).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
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.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit (99.2)
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.

THE GOLDMAN SACHS GROUP, INC.

Signature:	Name: AMEEN SOETAN
Name/Title:	Attorney-in-fact
Date:	08/01/2025

GOLDMAN SACHS & CO. LLC

Signature:	Name: AMEEN SOETAN
Name/Title:	Attorney-in-fact
Date:	08/01/2025

Exhibit Information

EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Class A ordinary shares, par value $0.0001 per share, of CHURCHILL CAPITAL CORP IX and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: 08/01/2025 THE GOLDMAN SACHS GROUP, INC. By:/s/ AMEEN SOETAN ---------------------------------------- Name: AMEEN SOETAN Title: Attorney-in-fact GOLDMAN SACHS & CO. LLC By:/s/ AMEEN SOETAN ---------------------------------------- Name: AMEEN SOETAN Title: Attorney-in-fact EXHIBIT (99.2) ITEM 7 INFORMATION The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company, are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Goldman Sachs is a subsidiary of GS Group.

FAQ

How many Churchill Capital Corp IX (CCIXU) shares did Goldman Sachs report?

The filing reports 2,076,550 shares, representing 7.0% of the Class A ordinary shares.

Which entities filed this Schedule 13G for CCIXU?

The filing is by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC, submitted as a joint filing.

Does the Schedule 13G indicate Goldman Sachs intends to influence control of Churchill Capital Corp IX?

No. Item 10 contains a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

What voting and dispositive powers are reported by Goldman Sachs for CCIXU?

The cover pages show 0 sole voting power and 2,076,550 shared voting power, and 0 sole dispositive power with 2,076,550 shared dispositive power.

Does the filing identify the relationship between the reporting entities?

Yes. Exhibit (99.2) states that Goldman Sachs & Co. LLC is a subsidiary of The Goldman Sachs Group, Inc. and is the broker/dealer and investment adviser associated with the reported securities.