IX Acquisition Corp. entered into Amendment No. 4 to the Merger Agreement with IX Acquisition Corp., AKOM Merger Sub Inc., and AERKOMM Inc. valued at Amendment No. 4 to the Merger Agreement whereby Parent will become a Delaware corporation by means o (effective 2026-01-08).
“On January 8, 2026, Parent entered into an amendment to the Merger Agreement (the “ Amendment No . 4 ”) whereby Parent will become a Delaware corporation by means of a merger of Parent with and into a newly formed Delaware corporation pursuant to the Cayman Islands Companies Law and the applicable provisions of the Delaware General Corporation Law, with such newly formed Delaware corporation becoming the surviving corporation in the merger (the “ Domestication ”).”
Auditor Changes
IX Acquisition Corp. engaged CBIZ CPAs P.C. as its auditor.
“On April 21, 2025, the Audit Committee of the Company's Board of Directors engaged CBIZ as the Company's independent registered public accounting firm.”
Auditor Changes
Marcum LLP resigned as auditor of IX Acquisition Corp..
“(a) Resignation of Independent Registered Public Accounting Firm On November 1, 2024, CBIZ CPAs P.C. (“ CBIZ ”) acquired the attest business of Marcum LLP (“ Marcum ”). On April 21, 2025, Marcum informed IX Acquisition Corp. (the “ Company ”) that Marcum resigned as the Company’s independent registered public accounting firm as a result of such acquisition.”
Listing & Compliance Notices
IX Acquisition Corp. received a nasdaq delisting notice notice regarding other.
“December 10, 2024, IX Acquisition Corp. (the “ Company ”) received a notice from the Nasdaq Listing Qualifications Hearings (“ Panel ”) acknowledging that the Company had withdrawn its appeal of the October 7, 2024 delist determination issued by the Nasdaq Listings Qualifications Staff (“ Nasdaq ”). Accordingly, trading in the Company’s securities was suspended at the open of trading on December 12, 2024. Nasdaq will file a Form 25 Notification of Delisting with the U.S. Securities and Exchange Commission. When the Company’s securities are delisted from Nasdaq, its securities are expected to t”
Noah Aptekar was appointed as Chief Executive Officer at IX Acquisition Corp..
“the Board appointed Noah Aptekar, the Company’s Chief Financial Officer, Chief Operations Officer and director, as the Company’s Chief Executive Officer, effective upon the effectiveness of resignation of Karen Bach.”
Andrew Bartley resigned as Independent Director at IX Acquisition Corp..
“Andrew Bartley Independent Director, Chair of Audit Committee and Member of Compensation Committee”
Teresa Barger resigned as Independent Director at IX Acquisition Corp..
“Teresa Barger Independent Director, Member of Audit Committee and Compensation Committee”
Karen Bach resigned as Chief Executive Officer at IX Acquisition Corp..
“Karen Bach Chief Executive Officer and Director”
Guy Willner resigned as Executive Chairman at IX Acquisition Corp..
“Guy Willner Executive Chairman and Director”
Material Agreements
IX Acquisition Corp. entered into Merger Agreement with AKOM Merger Sub Inc. and AERKOMM Inc. (effective 2024-03-29).
“On March 29, 2024, IX Acquisition Corp. ( Parent ), a Cayman Islands exempted company, entered into a Merger Agreement, by and among Parent, AKOM Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”), and AERKOMM Inc., a Nevada corporation (the “ Company ”) (as it may be amended and/or restated from time to time, the “ Merger Agreement ”).”
Listing & Compliance Notices
IX Acquisition Corp. received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).
“April 30, 2024, the Company received a notice (the “Notice”) from Nasdaq indicating that the Company did not regain compliance with the Minimum Total Holders Rule during the Extension Period. Pursuant to the Notice, unless the Company requests a hearing before the Nasdaq Hearings Panel (the “Panel”) by May 7, 2024, the Company’s securities would be subject to suspension and delisting from the Nasdaq Global Market at the opening of business on May 9, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and reg”
Debt Financings
IX Acquisition Corp. incurred convertible notes of up to $3,500,000 with IX Acquisition Sponsor LLC at no interest maturing upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the date of the liquidation of the Company.
“On April 18, 2024, IX Acquisition Corp. (the " Company ") amended and restated the convertible promissory note, dated as of August 21, 2023, previously issued to IX Acquisition Sponsor LLC, the Company’s sponsor (the " Sponsor "), to increase the aggregate principal amount to up to $3,500,000 (as amended and restated, the " Note ").”
Material Agreements
IX Acquisition Corp. entered into Subscription Agreements with accredited investors valued at $35,000,000 at $11.50 per share (PIPE Investment) (effective 2024-03-29).
“Concurrently with the execution of the Merger Agreement, Parent and the Company entered into subscription agreements (the “ Subscription Agreements ”) with certain accredited investors providing for investments in Parent Common Stock in a private placement for an aggregate cash amount of $35,000,000 at $11.50 per share of Parent Common Stock (the “ PIPE Investment ”).”
Material Agreements
IX Acquisition Corp. entered into Merger Agreement with AERKOMM Inc. valued at Merger; Aggregate Merger Consideration based on $400,000,000 enterprise value, $35,000,000 PIPE at $ (effective 2024-03-29).
“On March 29, 2024, Parent, a Cayman Islands exempted company (which will de-register from the Register of Companies in the Cayman Islands by way of continuation out of the Cayman Islands and into the State of Delaware so as to migrate to and domesticate as a Delaware corporation prior to the Closing Date (as defined below), entered into a Merger Agreement, by and among Parent, AKOM Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”), and AERKOMM Inc., a Nevada corporation (the “ Company ”) (as it may be amended and/or restated from time to time, the “ Merger Agreement ”).”
Material Agreements
IX Acquisition Corp. entered into Merger Agreement with AERKOMM Inc. (effective 2024-03-29).
“entered into a Merger Agreement, by and among Parent, AKOM Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”), and AERKOMM Inc., a Nevada corporation (the “ Company ”)”
Material Agreements
IX Acquisition Corp. entered into Merger Agreement with AERKOMM Inc. (effective 2024-03-29).
“entered into a Merger Agreement, by and among Parent, AKOM Merger Sub Inc., a Nevada corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”), and AERKOMM Inc., a Nevada corporation (the “ Company ”)”
Governance Changes
IX Acquisition Corp.: Approved Second Extension Amendment to amend the Memorandum and Articles of Association to extend the business combination deadline to up to October 12, 2024 (effective 2023-12-12).
“the Second Extension Amendment to give the Board the right to extend the date by which the Company must consummate a Business Combiantion from December 12, 2023 on a monthly basis up to ten (10) times until October 12, 2024 (or such earlier date as determined by the Board)”
Shareholder Votes
IX Acquisition Corp. shareholders approved Ratify, by way of ordinary resolution, the selection by the Board’s Audit Committee of Marcum LLP to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2023.
“The Auditor Ratification Proposal was approved with the following vote from the holders of the Ordinary Shares: For Against Abstentions Broker Non-Votes 7,913,584 202,841 0 0”
Shareholder Votes
IX Acquisition Corp. shareholders approved Approve, by way of special resolution, the Second Extension Amendment to give the Board the right to extend the date by which the Company must consummate a Business Combination from December 12, 2023 on a monthly basis up to ten (10) times until October 12, 2024.
“The Second Extension Amendment Proposal was approved with the following vote from the holders of the Company’s Class A ordinary shares, par value $0.0001 per share (the “ Class A Ordinary Shares ”) and the Company’s Class B ordinary shares, par value $0.0001 per share (together with the Class A Ordinary Shares, the “ Ordinary Shares ”): For Against Abstentions Broker Non-Votes 7,913,584 202,841 0 0”
Listing & Compliance Notices
IX Acquisition Corp. received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).
“October 9, 2023, IX Acquisition Corp. , a Cayman Islands exempted company (the “Company”), received a letter (the “Total Shareholders Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to main at least 400 total holders for continued listing on the Nasdaq Global Market. The Total Shareholders Notice stated that the Company has until November 24, 2023 to provide Nasdaq with a plan to regain compliance. If the plan is accepted, Nasdaq may grant”
Teresa Barger was appointed as Class I Director at IX Acquisition Corp..
“the Board appointed Teresa Barger to serve as a Class I director on the Board, and as a member of the Audit Committee and Compensation Committee, effective immediately.”
Henry Choi resigned as Director at IX Acquisition Corp..
“On October 10, 2023, Mr. Henry Choi resigned from the board of directors of the Company (the “Board”) and from each of the Audit and Compensation Committees, effective upon the Board’s acceptance of his resignation.”
Debt Financings
IX Acquisition Corp. incurred loan of up to $2,500,000 with IX Acquisition Sponsor LLC at no interest maturing upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the date of the liquidation of the Company.
“On September 8, 2023, IX Acquisition Corp. (the “Company”) issued an amended and restated promissory note (the “Note”) in the principal amount of up to $2,500,000 to IX Acquisition Sponsor LLC, the Company’s sponsor (the “Sponsor”)”
Material Agreements
IX Acquisition Corp. amended Amended and Restated Promissory Note with IX Acquisition Sponsor LLC valued at $2,500,000 (effective 2023-09-08).
“On September 8, 2023, IX Acquisition Corp. (the “Company”) issued an amended and restated promissory note (the “Note”) in the principal amount of up to $2,500,000 to IX Acquisition Sponsor LLC, the Company’s sponsor (the “Sponsor”), to amend and restate the promissory note, dated April 13, 2023.”
Henry Choi was appointed as Class I Director at IX Acquisition Corp..
“the Board appointed Henry Choi to serve as a Class I director on the Board, and as a member of the Audit Committee and Compensation Committee, effective immediately.”
Ian Spence resigned as Director at IX Acquisition Corp..
“Mr. Ian Spence resigned from the board of directors (the “Board”) of IX Acquisition Corp. (the “Company”) and from the Audit and Compensation Committees, effective upon the Board’s acceptance of his resignation.”
Governance Changes
IX Acquisition Corp.: Approved amendments to the Articles to extend the business combination deadline from April 12, 2023 to May 12, 2023 and allow further monthly extensions up to April 12, 2024, to remove the $5,000,001 net tangible asset redemption limitation, and to permit one-for-one conversion of Class B ordinary s (effective 2023-04-10).
“the Company’s shareholders approved a proposal to amend the Company’s amended and restated memorandum and articles of association (the “Articles”) to provide the Company with the right to extend the date by which the Company must consummate its initial business combination (the “Extension”), from April 12, 2023 to May 12, 2023 (the “Extended Date”), and to allow the Company, without another shareholder vote, by resolution of the Board, to elect to further extend the Extended Date in one-month increments up to eleven additional times, or a total of up to twelve months total, up to April 12, 2024”
Shareholder Votes
IX Acquisition Corp. shareholders approved Founder Share Amendment Proposal to amend the Articles to allow conversion of Class B ordinary shares to Class A ordinary shares on a one-for-one basis prior to a business combination at the 2023-04-10 meeting.
“Approval of Proposal 3-Founder Share Amendment Proposal Votes For Votes Against Abstentions 17,776,635 240,360 0”
Shareholder Votes
IX Acquisition Corp. shareholders approved Redemption Limitation Amendment Proposal to amend the Articles to eliminate the net tangible assets limitation on redemption at the 2023-04-10 meeting.
“Approval of Proposal 2-Redemption Limitation Amendment Proposal Votes For Votes Against Abstentions 17,968,694 48,301 0”
Shareholder Votes
IX Acquisition Corp. shareholders approved Extension Proposal to amend the Articles to extend the deadline to consummate a business combination from April 12, 2023 to May 12, 2023, with potential further extensions up to April 12, 2024 at the 2023-04-10 meeting.
“The vote tabulation for the Extension Proposal, Redemption Limitation Amendment Proposal and the Founder Share Amendment Proposal is set forth below. Approval of Proposal 1-Extension Proposal Votes For Votes Against Abstentions 17,777,136 239,859 0”
Debt Financings
IX Acquisition Corp. incurred convertible notes of up to $1 million with Sponsor at no interest maturing upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the Company’s liquidation.
“On April 13, 2023, the Sponsor advanced $160,000 to the Company for the first month of extension. In connection with the Contribution and advances the Sponsor may make in the future to the Company for working capital expenses, on April 13, 2023, the Company issued a convertible promissory note to the Sponsor with a principal amount up to $1 million (the “Note”).”
Material Agreements
IX Acquisition Corp. entered into Note with IX Acquisition Sponsor LLC valued at $1 million (effective 2023-04-13).
“On April 13, 2023, the Company issued a convertible promissory note to the Sponsor with a principal amount up to $1 million (the "Note").”
Shannon Grewer was appointed as Director at IX Acquisition Corp..
“on October 6, 2021, Guy Willner, Karen Bach, Ian Spence, Andrew Bartley, Eduardo Marini and Shannon Grewer (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”
Eduardo Marini was appointed as Director at IX Acquisition Corp..
“on October 6, 2021, Guy Willner, Karen Bach, Ian Spence, Andrew Bartley, Eduardo Marini and Shannon Grewer (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”
Andrew Bartley was appointed as Director at IX Acquisition Corp..
“on October 6, 2021, Guy Willner, Karen Bach, Ian Spence, Andrew Bartley, Eduardo Marini and Shannon Grewer (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”
Ian Spence was appointed as Director at IX Acquisition Corp..
“on October 6, 2021, Guy Willner, Karen Bach, Ian Spence, Andrew Bartley, Eduardo Marini and Shannon Grewer (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”
Karen Bach was appointed as Director at IX Acquisition Corp..
“on October 6, 2021, Guy Willner, Karen Bach, Ian Spence, Andrew Bartley, Eduardo Marini and Shannon Grewer (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”
Guy Willner was appointed as Director at IX Acquisition Corp..
“on October 6, 2021, Guy Willner, Karen Bach, Ian Spence, Andrew Bartley, Eduardo Marini and Shannon Grewer (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.