IX Acquisition Corp. (IXAQF): Nasdaq/NYSE listing notice — IX Acquisition Corp. receives Nasdaq delisting notice for insufficient holders; plans hearing

IX Acquisition Corp.

Nasdaq notified IX Acquisition on Oct 9, 2023 of non-compliance with Minimum Total Holders Rule (400 holders).
Company failed to regain compliance by April 8, 2024 extension deadline.
Unless a hearing is requested by May 7, 2024, securities face suspension and delisting on May 9, 2024.
Company intends to request hearing to appeal; trading will continue pending Panel decision.
No assurance that the hearing will be successful or that listing will be maintained.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

IX Acquisition Corp. received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5450(a)(2)

Exact text from the filing

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 reg

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IX Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001104659-24-057044

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