IXAC amends AERKOMM merger deal: lock-up termination for sponsor, reduced escrow, working capital invoices

IX Acquisition Corp.

Lock-up for Sponsor and Parent officers/directors will terminate at Closing.
Escrowed Sponsor Shares reduced from 50% to 25% of Founder Shares.
AERKOMM to pay $500k after third extension approval, $100k monthly from Jan 2025, plus $250k for delays.
Unpaid invoices accrue 10% interest; amounts credited against Cause Termination Fee.
Parent may terminate if AERKOMM enters voluntary bankruptcy or fails to remove petition in 60 days.

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