other material
confidence high
sentiment neutral
materiality 0.30
IX Acquisition enters new SAFE agreements, raising SAFE funding to $13M for AERKOMM merger
IX Acquisition Corp.
- On July 20 and Aug 6, 2026, entered SAFE Note Agreements No.6 and No.7, bringing aggregate SAFE investments to $13,000,000.
- Prior SAFE agreements from Aug 2024-Oct 2025 totaled $8,997,200; new agreements add ~$4.0M.
- SAFE Agreements convert at closing of merger at $11.50 per share of Parent common stock.
- Conversion also includes additional 1,062,609 incentive shares held in escrow subject to milestone events.