secwatch.observer — SEC 8-K summary
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Issuer:     IX Acquisition Corp. (IXAQF)
CIK:        0001852019
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001104659-23-123701
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IX Acquisition sponsor ups monthly contribution to $0.025/share for extension; meeting Dec 11
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- Sponsor increased monthly loan to $0.025 per public share not redeemed, capped at $50,000/month, for up to ten months.
- Deposits into trust account from Dec 12, 2023 to Oct 12, 2024 if Second Extension is approved.
- Trust funds moved to interest-bearing deposit account earning ~4.5% to avoid investment company status.
- Extraordinary general meeting set for Dec 11, 2023; record date Nov 8, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852019/000110465923123701/0001104659-23-123701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852019/000110465923123701/tm2332264d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-123701

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