other material
confidence high
sentiment negative
materiality 0.75
IX Acquisition Corp. delisted from Nasdaq; securities to trade OTC; business combination with AERKOMM continues
IX Acquisition Corp.
- Received Nasdaq Panel notice confirming withdrawal of delisting appeal; trading suspended at open on Dec 12, 2024.
- Nasdaq will file Form 25; securities expected to trade over-the-counter.
- Delisting does not affect previously announced business combination agreement with AERKOMM Inc.
- Combined company applied for up-listing on Nasdaq upon completion of the business combination.