secwatch.observer — SEC 8-K summary
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Issuer:     IX Acquisition Corp. (IXAQF)
CIK:        0001852019
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001104659-23-100006
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IX Acquisition extends business combination deadline to Oct 12; secures $2.5M sponsor note
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- Sixth monthly extension pushes Deadline Date from Sept 12 to Oct 12, 2023.
- Sponsor deposits $160,000 into trust account for the extension.
- Amended promissory note with sponsor up to $2.5M for working capital, bearing no interest.
- Up to $1.5M of note principal may be converted into warrants at $1.00 per warrant.
- Note due upon completion of business combination or liquidation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852019/000110465923100006/0001104659-23-100006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852019/000110465923100006/tm2325796d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer