Ankündigung • May 16
IX Acquisition Corp. announced delayed 10-Q filing On 05/15/2026, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Ankündigung • Apr 02
IX Acquisition Corp. announced delayed annual 10-K filing On 04/01/2026, IX Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Ankündigung • Nov 15
IX Acquisition Corp. announced delayed 10-Q filing On 11/14/2025, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Ankündigung • Aug 15
IX Acquisition Corp. announced delayed 10-Q filing On 08/14/2025, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Ankündigung • May 16
IX Acquisition Corp. announced delayed 10-Q filing On 05/15/2025, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Ankündigung • Apr 02
IX Acquisition Corp. announced delayed annual 10-K filing On 04/01/2025, IX Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Ankündigung • Dec 17
Nasdaq to File Form 25 to Delist IX Acquisition Securities On December 10, 2024, IX Acquisition Corp. (the Company") received a notice from the Nasdaq Listing Qualifications Hearings (Panel") acknowledging that the Company had withdrawn its appeal of the October 7, 2024 delist determination issued by the Nasdaq Listings Qualifications Staff (Nasdaq"). Accordingly, trading in the Company's securities was suspended at the open of trading on December 12, 2024. Nasdaq will file a Form 25 Notification of Delisting with the U.S. Securities and Exchange Commission. When the Company's securities are delisted from Nasdaq, its securities are expected to trade over-the-counter The delisting and commencement of trading over-the-counter does not affect the Company's previously announced business combination agreement with AERKOMM Inc., as both parties continue to work to effectuate the completion of the transaction. The combined company applied for up-listing on the Nasdaq Stock Market in connection with the completion of the business combination. Ankündigung • Oct 16
IX Acquisition Corp.(NasdaqGM:IXAQ) dropped from NASDAQ Composite Index IX Acquisition Corp. has been deleted from the NASDAQ Composite Index. Ankündigung • Oct 14
IX Acquisition Receives Non-Compliance Notice Regarding Nasdaq IM 5101-2 On October 7, 2024, IX Acquisition Corp. (the Company") received a notice from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq") stating that as the Company had not completed an initial business combination within 36 months of the effective date of its registration statement in connection with its initial public offering, it was not in compliance with Nasdaq IM 5101-2 and was therefore subject to delisting. The Company has until October 14, 2024 to request a hearing before the Nasdaq Hearings Panel (the Panel"). Trading in the Company's securities will be suspended at the opening of business on October 14, 2024. The Company does not intend to request a hearing. Ankündigung • Aug 15
IX Acquisition Corp. announced delayed 10-Q filing On 08/14/2024, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Ankündigung • Aug 06
IX Acquisition Regains Compliance with Nasdaq Minimum Total Holders Rule On October 9, 2023, IX Acquisition Corp, a Cayman Islands exempted company (the Company"), received a written notice from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market (the Minimum Total Holders Rule"). The Company had until April 8, 2024 (the Extension Period") to regain compliance with the Rule. On April 30, 2024, the Company received a notice (the Notice") from Nasdaq indicating that the Company did not regain compliance with the Minimum Total Holders Rule during the Extension Period. Pursuant to the Notice, unless the Company requests a hearing before the Nasdaq Hearings Panel (the Panel") by May 7, 2024, the Company's securities would be subject to suspension and delisting from the Nasdaq Global Market at the opening of business on May 9, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's securities from listing and registration on Nasdaq. The Company timely requested a hearing before the Panel and the hearing was held on June 18, 2024. On August 5, 2024, the Panel granted the Company's request for continued listing on the Nasdaq Global Market and confirmed that the Company was in compliance with the Minimum Total Holders Rule. Ankündigung • May 17
IX Acquisition Corp. announced delayed 10-Q filing On 05/15/2024, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Ankündigung • May 04
IX Acquisition Receives Notice from Nasdaq Regarding Not Regains Compliance with the Minimum Total Holders Rule During the Extension Period On October 9, 2023, IX Acquisition Corp. (the ‘Company’) received a written notice from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (the ‘Nasdaq’) indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market (the ‘Minimum Total Holders Rule’). The Company had until April 8, 2024 (the ‘Extension Period’) to regain compliance with the Rule. On April 30, 2024, the Company received a notice (the ‘Notice’) from Nasdaq indicating that the Company did not regain compliance with the Minimum Total Holders Rule during the Extension Period. Pursuant to the Notice, unless the Company requests a hearing before the Nasdaq Hearings Panel (the ‘Panel’) by May 7, 2024, the Company’s securities would be subject to suspension and delisting from the Nasdaq Global Market at the opening of business on May 9, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on Nasdaq. The Company intends to timely request a hearing before the Panel to appeal the Notice. The hearing request will stay the suspension of trading on the Company’s securities, and the Company’s securities will continue to trade on the Nasdaq Global Market until the hearing process concludes and the Panel issues a written decision. There can be no assurance that the hearing before the Panel will be successful. Ankündigung • Apr 20
IX Acquisition Corp. announced that it has received $3.5 million in funding from IX Acquisition Sponsor LLC IX Acquisition Corp. announced a private placement to issue convertible promissory note for the gross proceeds of $3,500,000 on April 18, 2024. The transaction included participation from returning investor IX Acquisition Sponsor LLC. The Note bears no interest and is due and payable upon the earlier to occur of the date on which the Company consummates its initial business combination and the date of the liquidation of the Company. The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. Ankündigung • Apr 11
IX Acquisition Corp. announced that it expects to receive $35 million in funding from Aerkomm Inc. IX Acquisition Corp. announced that it has entered into a share purchase agreement to issue common shares at a price of $11.50 per share for the gross proceeds of $35,000,000 on April 9, 2024. The transaction will include participation from new investor, Aerkomm Inc. New Risk • Apr 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$97.0m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Negative equity (-US$9.5m). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$97.0m market cap). Board Change • Mar 13
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Non Executive Director Teresa Barger was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Nov 16
IX Acquisition Corp., Annual General Meeting, Dec 11, 2023 IX Acquisition Corp., Annual General Meeting, Dec 11, 2023. Ankündigung • Nov 15
IX Acquisition Corp. announced delayed 10-Q filing On 11/14/2023, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Henry Choi was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 14
IX Acquisition Receives a Letter from the Listing Qualifications Department of the Nasdaq Stock Market On October 9, 2023, IX Acquisition Corp., received a letter from the Listing Qualifications Department of The Nasdaq Stock Market notifying the Company that it is not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to main at least 400 total holders for continued listing on the Nasdaq Global Market. The Total Shareholders Notice stated that the Company has until November 24, 2023 to provide Nasdaq with a plan to regain compliance. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the date of the Total Shareholders Notice to evidence compliance. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Total Shareholders Notice has no immediate effect on the listing of the Company’s securities, and the Company’s securities continue to trade on the Nasdaq Global Market. The Company intends to provide Nasdaq, on or prior to November 24, 2023, with the Company’s plan to meet the requirements under Nasdaq Listing Rule 5450(a)(2), and will evaluate available options to regain compliance. However, there can be no assurance that the Company will be able to regain compliance under Nasdaq Listing Rule 5450(a)(2), or will otherwise be in compliance with other Nasdaq listing criteria. Board Change • Aug 15
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Henry Choi was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 16
IX Acquisition Corp. announced delayed 10-Q filing On 05/15/2023, IX Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Ankündigung • May 11
IX Acquisition Corp. Announces Director Changes IX Acquisition Corp. announced that Mr. Ian Spence resigned from the board of directors (the “Board”) of IX Acquisition Corp. (the “Company”) and from the Audit and Compensation Committees, effective upon the Board’s acceptance of his resignation. The Board accepted Mr. Spence’s resignation on May 9, 2023. Mr. Spence’s resignation was not due to any disagreement with the Company, the Board, or management on any matter related to the Company’s operations, policies or practices. In connection with the resignation of Mr. Spence, on May 9, 2023, the Board appointed Henry Choi to serve as a Class I director on the Board, and as a member of the Audit Committee and Compensation Committee, effective immediately. Mr. Choi was designated to serve on the Board by Carnegie Park Capital, LLC (“CPC”), pursuant to CPC’s Board designation right granted in connection with CPC’s agreement to fund working capital requirements of the Company and contributions to the Company’s trust account in connection with the shareholder-approved extension to the date by which the Company must consummate its initial business combination. Henry Choi is Managing Partner for Blue Bird Partners where he evaluates and invests in venture capital, private equity, public equities, and real estate. Henry also serves as an Operating Partner at Carnegie Park Capital, a fund investing in and supporting Special Purpose Acquisition Vehicle sponsors. Previously, Henry spent 12 years in the hedge fund industry as a Portfolio Manager focused on Event Driven long/short strategies at Highbridge Capital Management LLC, Hudson Bay Capital Management LP, and Thales Fund Management LLC. Prior to his hedge fund career, Mr. Choi spent six years as an investment banker at Goldman, Sachs & Co. where he completed over $39bn of exclusive merger and acquisition advisory assignments and $5.5 billion of lead-managed financings. While at Goldman Sachs, he served as global captain for the systems and storage technology sector responsible for targeting, developing and managing public and private company relationships. Mr. Choi graduated with honors from Boston University Questrom School of Business with a dual concentration in Finance and Information Systems, and a minor in Economics. Mr. Choi serves as a Director on the Board of Trustees for the Brooklyn Conservatory of Music. Ankündigung • Apr 01
IX Acquisition Corp. announced delayed annual 10-K filing On 03/31/2022, IX Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.