IX Acquisition raises $7M via SAFE agreements for AERKOMM merger, below $15M target

IX Acquisition Corp.

SAFE agreements for aggregate $6,997,200 entered as of filing; convertible at $11.50/share upon merger close.
SAFE investors also receive incentive shares equal to 94% of purchased shares, subject to milestone events.
Commercial Funding Agreement requires AERKOMM to file Form 10-K by July 21 and 10-Qs by July 21 and August 15.
Company wired $520k for working capital and $150k to repay extension notes from SAFE proceeds.

item 1.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.