PlusAI and Churchill Capital Corp IX (CCIX) announced the termination of the previously announced business combination due to market conditions. “PlusAI continues to demonstrate significant commercial momentum and remains strongly positioned for long-term growth. Existing PlusAI investors support PlusAI’s continued growth and commercialization plans, reflecting their confidence in the company’s business strength and technology leadership,” the companies said in a statement.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCIX: