{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-088348","form_type":"8-K","ticker":"IXAQF","cik":"0001852019","company_name":"IX Acquisition Corp.","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.925570+00:00","generated_at":"2026-05-31T10:09:00.116093+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"IX Acquisition Corp. raises only $2.6M of required $15M SAFE for AERKOMM merger","bullets":["As of Aug 12, 2024, only $2.585M of the required $15M in SAFE agreements have been entered into for the AERKOMM merger.","On Aug 12, entered one new SAFE and amended one existing; on July 8 canceled another; on June 26 entered a new SAFE.","SAFEs will convert into SPAC common shares at $11.50 per share upon merger close.","Incentive shares tied to post-merger stock price milestones: $12.50, $15.00, $17.50 VWAP targets.","The shortfall in SAFE financing may jeopardize the merger's closing condition."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-088348","json":"https://secwatch.observer/filing/0001104659-24-088348.json","markdown":"https://secwatch.observer/filing/0001104659-24-088348.md","text":"https://secwatch.observer/filing/0001104659-24-088348.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852019/000110465924088348/0001104659-24-088348-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852019/000110465924088348/tm2421457d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:09:00.116093+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}