IX Acquisition Corp

IX Acquisition Corp. is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It intends to focus on companies in technology, media and telecommunications and information and communication technology industries, specifically the telecommunications infrastructure, internet and technology, and digital services sectors. The company was founded on March 1, 2021 and is headquartered in London, the United Kingdom.

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IX Acquisition is a SPAC that purchase and collaborate with a worldwide technology or technology infrastructure company. Founded in 2021 and is based in London.

SILICON VALLEY, Calif., March 29, 2024 /PRNewswire/ -- AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM, "AERKOMM"), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp (Nasdaq: IXAQU, "IXAQ"), a SPAC focused on the technology, media and telecommunications industries, have entered into a definitive Business Combination Agreement ("BCA") and raised US $35 million in a private placement.

AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from January 12, 2024 for an additional month, to February 12, 2024. This is the tenth of eighteen potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. IX Acquisition Sponsor LLC (the “Sponsor”) will deposit $50,000 into the Company's trust account in connection with this extension within seven days of January 12, 2024.

IX Acquisition Corp. Announces Tenth Extension of Deadline to Complete Initial Business Combination

LONDON, Dec. 15, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (NASDAQ: IXAQ) (the “Company”), a blank check company incorporated as a Cayman Islands exempted company, today announced that, on December 11, 2023, it held an extraordinary general meeting in lieu of an annual general meeting of the shareholders (the “Meeting”) to consider and vote on proposals to (i) extend the date by which the Company has to complete a business combination from December 12, 2023, on a monthly basis, up to ten (10) times, until October 12, 2024 (the “Second Extension” and such proposal, the “Second Extension Amendment Proposal”) and (ii) ratify the selection by the Company's audit committee of Marcum LLP to serve as the Company's independent registered public accounting firm for the year ending December 31, 2023 (the “Auditor Ratification Proposal”). At the Meeting, shareholders approved the Second Extension Amendment Proposal and the Auditor Ratification Proposal.

IX Acquisition Corp. Announces Shareholder Meeting Results and New Monthly Contribution to be Deposited into Trust Account

IX Acquisition Corp. (NASDAQ: IXAQ) (the “Company”), a blank check company incorporated as a Cayman Islands exempted company, today announced that it has filed a supplement (“Supplement”) to its definitive proxy statement (the “Proxy Statement”) with the US Securities and Exchange Commission (the “SEC”) on November 24, 2023, in connection with an extraordinary general meeting in lieu of an annual general meeting of the shareholders (“Meeting”) to consider and vote on certain proposals, including an extension of the date by which the Company has to complete a business combination from December 12, 2023 on a monthly basis up to ten (10) times until October 12, 2024 (the “Second Extension”). The Supplement provides that the monthly loan amount that IX Acquisition Sponsor LLC (the “Sponsor”) will contribute to the Company's trust account if the Second Extension is approved will increase from $0.015 to $0.025 for each public share that is not redeemed while retaining the $50,000 maximum monthly amount to be contributed by the Sponsor (each such monthly loan, a “Contribution”). The Company's shareholders previously approved an extension of the time the Company has to consummate a business combination from April 12, 2023 to May 12, 2023, and to allow the Company, without another shareholder vote, by resolution of the Board, to elect to further extend such deadline in one-month increments up to eleven additional times, until April 12, 2024 (the “First Extension”).

IX Acquisition Corp. Announces Increase in Contribution Amount in Connection with its Proposed Extension

LONDON, Nov. 30, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (NASDAQ:  IXAQ ) (the “Company”), a blank check company incorporated as a Cayman Islands exempted company, today announced that it filed a definitive proxy statement (the “Proxy Statement”) on November 24, 2023 with the US Securities and Exchange Commission (the “SEC”) to seek shareholder approval to, among other proposals, extend the period of time the Company will have to consummate its initial business combination from December 12, 2023 on a monthly basis up to ten (10) times until October 12, 2024, or such earlier date as determined by the Company's board of directors (the “Board” and such action, the “Second Extension”). The Company's shareholders previously approved an extension of the time the Company has to consummate a business combination from April 12, 2023 to May 12, 2023, and to allow the Company, without another shareholder vote, by resolution of the Board, to elect to further extend such deadline in one-month increments up to eleven additional times, until April 12, 2024 (the “First Extension”).

IX Acquisition Corp. Files Definitive Proxy Statement for Shareholder Meeting Seeking Second Extension

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from November 12, 2023 for an additional month, to December 12, 2023. This is the eighth of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. IX Acquisition Sponsor LLC will deposit $160,000 into the Company's trust account in connection with this extension by November 13, 2023.

IX Acquisition Corp. Announces Eighth Extension of Deadline to Complete Initial Business Combination

NEW YORK, Oct. 12, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from October 12, 2023 for an additional month, to November 12, 2023. This is the seventh of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. The Company further announced that on or before October 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into the Company's trust account in connection with this extension.

IX Acquisition Corp. Announces Seventh Extension of Deadline to Complete Initial Business Combination

NEW YORK, Sept. 07, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from September 12, 2023 for an additional month, to October 12, 2023. This is the sixth of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. The Company further announced that on or before September 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into the Company's trust account in connection with this extension.

IX Acquisition Corp. Announces Sixth Extension of Deadline to Complete Initial Business Combination

NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from August 12, 2023 for an additional month, to September 12, 2023. This is the fifth of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. The Company further announced that on or before August 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into the Company's trust account in connection with this extension.

IX Acquisition Corp. Announces Fifth Extension of Deadline to Complete Initial Business Combination

NEW YORK, July 11, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from July 12, 2023 for an additional month, to August 12, 2023. This is the fourth of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. The Company further announced that on or before July 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into the Company's trust account in connection with this extension.

IX Acquisition Corp. Announces Fourth Extension of Deadline to Complete Initial Business Combination

NEW YORK, June 09, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (Nasdaq: IXAQ) (“IXAQ” or the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from June 12, 2023 for an additional month, to July 12, 2023. This is the third of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. IXAQ further announced that on or before June 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into IXAQ's trust account in connection with this extension.

IX Acquisition Corp. Announces Third Extension of Deadline to Complete Initial Business Combination

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- IX Acquisition Corp. (NASDAQ: IXAQU, IXAQA, IXAQUW) (“IXAQ” or the “Company”), announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from May 12, 2023 for an additional month, to June 12, 2023. This is the second of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. IXAQ further announced that on or before May 12, 2023, IX Acquisition Sponsor, LLC will deposit $160,000 into IXAQ's trust account in connection with this extension.

IX Acquisition Corp. Announces Second Extension of Deadline to Complete Initial Business Combination

LONDON , March 23, 2023 /PRNewswire/ -- IX Acquisition Corp. (NASDAQ: IXAQ) (the "Company"), a blank check company incorporated as a Cayman Islands exempted company, today announced that it filed a definitive proxy statement with the SEC to seek shareholder approval to, among other proposals, (1) extend the period of time the Company will have to consummate its initial business combination by up to 12 months from the current deadline of April 12, 2023 until April 12, 2024 (the "Extension") as a series of twelve one-month extensions. For each month of Extension, IX Acquisition Sponsor LLC, the Company's sponsor will deposit additional funds into the trust account in an amount equal to the lesser of (x) $160,000 or (y) $0.04 per public share multiplied by the number of public shares outstanding.

IX Acquisition Corp. Files Definitive Proxy Statement for Shareholder Meeting Seeking Extension

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