M&A
confidence high
sentiment neutral
materiality 0.20
IX Acquisition Corp. amends merger agreement with AERKOMM redefining Indebtedness and Working Capital
IX Acquisition Corp.
- Amendment No. 2 to Merger Agreement signed on February 12, 2025.
- Redefines 'Indebtedness' to include hedging obligations, unfunded compensation, and certain capital leases.
- Redefines 'Working Capital' to exclude cash and cash equivalents and unpaid Company Transaction Expenses.
- No changes to deal value, equity structure, or expected closing timeline disclosed.