other material
confidence high
sentiment negative
materiality 0.90
IX Acquisition receives Nasdaq delisting notice; will not request hearing
IX Acquisition Corp.
- Nasdaq notified IX Acquisition on Oct 7, 2024 it failed to complete a business combination within 36 months.
- Company has until Oct 14, 2024 to request a hearing but does not intend to do so.
- Trading in IXAQU, IXAQ, IXAQW will be suspended at the open on Oct 14, 2024.
- Shareholders approved a third extension amendment at the Oct 9 meeting; 1,235,698 shares were tendered for redemption.