SCHEDULE: Fort Baker Capital Discloses Stake in Churchill Capital Corp IX

Fort Baker Capital Management LP, along with Steven Patrick Pigott and Fort Baker Capital, LLC, has reported beneficial ownership of 4.9% of Churchill Capital Corp IX's Class A Ordinary Shares.

Summary

• Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC have jointly filed a Schedule 13G, indicating their beneficial ownership of Churchill Capital Corp IX's Class A Ordinary Shares.
• The reporting persons collectively own 1,455,889 shares, representing 4.9% of the outstanding Class A Ordinary Shares.
• Fort Baker Capital Management LP directly holds these shares.
• Steven Patrick Pigott serves as the Limited Partner and Chief Investment Officer for Fort Baker Capital Management LP.
• Fort Baker Capital, LLC acts as the General Partner for Fort Baker Capital Management LP.
• The filing states that the reporting persons are not members of a group and each disclaims beneficial ownership beyond their pecuniary interest.
• The percentage of ownership is based on Churchill Capital Corp IX's annual report (Form 10-K) filed on February 5, 2026, which stated 29,475,000 Class A ordinary shares outstanding as of that date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard disclosure of beneficial ownership and does not provide new operational or financial information about the company.

Positives

• Fort Baker Capital Management LP has established a significant stake (4.9%) in Churchill Capital Corp IX, suggesting confidence in the company's prospects.
• The clear disclosure of ownership and roles within the reporting entities provides transparency to investors.

Negatives

• The filing does not contain any negative financial results or operational challenges.
• No specific performance metrics are detailed in this ownership disclosure filing.

Risks

• As a Schedule 13G filing, it primarily concerns ownership and does not detail specific business risks of Churchill Capital Corp IX.
• The filing does not provide information on potential future risks related to Churchill Capital Corp IX's operations or market position.

Future Outlook

This filing is an ownership disclosure and does not contain forward-looking statements or guidance regarding Churchill Capital Corp IX's future performance.

Management Comments

• Each reporting person disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein.
• The reporting persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in publicly traded companies, particularly special purpose acquisition companies (SPACs) like Churchill Capital Corp IX. This filing indicates Fort Baker Capital Management LP's strategic interest in the company.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional investor's stake, which could influence market perception.
• Management of Churchill Capital Corp IX: The disclosure confirms Fort Baker Capital's interest and may lead to engagement on strategic matters.

Next Steps

• Monitor future filings from Fort Baker Capital Management LP and Churchill Capital Corp IX for any changes in ownership or strategic developments.
• Observe Churchill Capital Corp IX's progress in its business objectives, which may be influenced by the investment from Fort Baker Capital.

Key Dates

Keywords

Schedule 13G, Churchill Capital Corp IX, Fort Baker Capital Management LP, Steven Patrick Pigott, Fort Baker Capital, LLC, Class A Ordinary Shares, Beneficial Ownership, SEC Filing, Investment Management