M&A
confidence high
sentiment positive
materiality 0.60
IX Acquisition Corp. extends merger deadline with AERKOMM to April 17, 2025
IX Acquisition Corp.
- Third Amendment to Merger Agreement signed April 12, 2025 extends outside closing date to April 17, 2025.
- Either party can terminate without liability after April 17 if closing fails and no breach caused delay.
- Merger originally announced March 29, 2024; Parent will re-domesticate from Cayman Islands to Delaware before close.
- Amendment executed by IX Acquisition Corp., Merger Sub AKOM, and AERKOMM Inc.