IX Acquisition Corp updates SAFE investment total for AERKOMM merger to $6.5M, below $15M commitment

IX Acquisition Corp.

Entered SAFE Note Agreement No. 3 on June 9, 2025; aggregate SAFE investments now $6,497,200, short of required $15M minimum.
SAFE converts at $11.50 per share upon merger close; additional Incentive Shares (94% of purchased shares) escrowed subject to milestones.
Company wired $520,000 from SAFE proceeds for SPAC working capital and $150,000 to repay extension promissory notes.
CFR Agreement commits AERKOMM to file overdue 10-K and Q1 10-Q by July 21, 2025, and close SAFE No. 4 ($1.5M) by July 31, 2025.

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