---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-062983"
form_type: "8-K"
ticker: "IXAQF"
cik: "0001852019"
company_name: "IX Acquisition Corp."
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T16:52:36.418993+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IX Acquisition reports only $2M of $15M min SAFE investment raised for AERKOMM merger

## Summary
- Only $2M of required $15M SAFE investment raised as of May 13, 2024, for merger with AERKOMM Inc.
- Shortfall from $15M minimum may jeopardize timely closing under the Merger Agreement.
- SAFE investments convert at $11.50 per share at closing; incentive shares tied to $12.50/$15/$17.50 milestones.

## SEC filing metadata
- accession: 0001104659-24-062983
- form_type: 8-K
- ticker: IXAQF
- cik: 0001852019
- company_name: IX Acquisition Corp.
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852019/000110465924062983/0001104659-24-062983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852019/000110465924062983/tm2414785d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-062983
- JSON: https://secwatch.observer/filing/0001104659-24-062983.json
- Plain text: https://secwatch.observer/filing/0001104659-24-062983.txt

## Key facts
- Material Agreements
  IX Acquisition Corp. entered into Merger Agreement with AKOM Merger Sub Inc. and AERKOMM Inc. (effective 2024-03-29).
  - Action: entry
  - Agreement: merger
  - Counterparty: AKOM Merger Sub Inc. and AERKOMM Inc.
  - Effective: 2024-03-29
  source text: On March 29, 2024, IX Acquisition Corp. ( Parent ), a Cayman Islands exempted company, entered into a Merger Agreement, by and among Parent, AKOM Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”), and AERKOMM Inc., a Nevada corporation (the “ Company ”) (as it may be amended and/or restated from time to time, the “ Merger Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852019/000110465924062983/0001104659-24-062983-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.