PlusAI, an autonomous trucking technology company, is set to go public in February 2026 through a merger with Churchill Capital Corp IX. The S-4 filing was recently declared effective, leading to a shareholder vote on Feb. 3. The company has been working on this transition for months.

The merger agreement with Churchill Capital is a significant step for PlusAI’s decade-long journey to commercialize autonomous trucking technology. The 800-page S-4 document outlines the company’s business plan and financials, essential for entering the public market. CEO David Liu sees 2026 as a pivotal year for the company.

PlusAI appointed two new board members, David C. Peterschmidt and Harry J. Harczak, Jr., ahead of its public listing. Peterschmidt brings expertise from Sybase and Inktomi, while Harczak’s background includes PricewaterhouseCoopers LLP and CDW. Both will strengthen the company’s governance and financial stewardship.

The company is validating its technology through partnerships with Volkswagen’s Traton Group and aims to offer autonomy-enabled trucks to customers by 2027. Key performance metrics show progress, with safety case readiness at 90%, RAFT at 79%, and Autonomous Miles Percentage at 99.2%. Liu emphasizes the need for continued improvement.

PlusAI’s operational model in Texas involves point-to-point transportation without intermediate hubs. OEM partnerships with established truck manufacturers like Traton and Iveco are crucial for commercial scale. Liu highlights the importance of factory-installed autonomous systems over retrofits for fleet customers.

In Europe, PlusAI operates through OEM partnerships and recently announced a pilot program with Iveco and SES for Level 4 autonomous trucking. The company also partnered with T2 in Japan to accelerate deployment. More announcements are expected as PlusAI moves towards commercial deployment and becoming a publicly traded entity.

Read more at Yahoo Finance: PlusAI clears SEC hurdle for SPAC merger, eyes February debut