PlusAI and Churchill Capital Corp IX Terminate Business Combination PlusAI business has strong momentum with growing revenue and multiple operational milestones expected in 2026; Existing investors support next capital raise 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. “Our business has significant momentum. With strong expected revenue in 2026 and continued growth on the horizon in 2027, we are executing on our strategy and delivering real value to our customers. SuperDrive™ is proving itself in commercial operations today and HyperFoundry is picking up momentum. The trajectory ahead gives us tremendous confidence in where PlusAI is headed. The support from our existing investors on our next capital raise is a direct reflection of their conviction in our business fundamentals and our technology,” said About PlusAI PlusAI is an artificial intelligence company pioneering AI-based virtual driver software for factory-built autonomous trucks. Headquartered in Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements may be identified by the use of words such as “plan,” “project,” “will,” “estimate,” “intend,” “expect,” “believe,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions. These forward-looking statements are based on current expectations and projections about future events and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Such statements include projections regarding revenue, commercial deployments, investor funding, and the timing and terms of any future public offering. PlusAI assumes no obligation to update these forward-looking statements. View source version on businesswire.com: https://www.businesswire.com/news/home/20260421921727/en/ Investors Contact ir@plus.ai Media Contact pr@plus.ai Source: PlusAI
PlusAI and Churchill Capital Corp IX Terminate Business Combination – Company Announcement
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