---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-103819"
form_type: "8-K"
ticker: "IXAQF"
cik: "0001852019"
company_name: "IX Acquisition Corp."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:52:39.274155+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-103819
- form_type: 8-K
- ticker: IXAQF
- cik: 0001852019
- company_name: IX Acquisition Corp.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852019/000110465924103819/0001104659-24-103819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852019/000110465924103819/tm2424695d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-103819
- JSON: https://secwatch.observer/filing/0001104659-24-103819.json
- Plain text: https://secwatch.observer/filing/0001104659-24-103819.txt

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