IX Acquisition Corp. (the “Company”) is a blank check company incorporated in the Cayman Islands on March 1, 2021. The Company was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses (a “Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.
Company profile
Ticker
IXAQ, IXAQU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
17 May 24
NT 10-Q
Notice of late quarterly filing
15 May 24
S-4
Registration of securities issued in business combination transactions
13 May 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
3 May 24
8-K
Entry into a Material Definitive Agreement
18 Apr 24
8-K/A
Entry into a Material Definitive Agreement
9 Apr 24
8-K/A
Entry into a Material Definitive Agreement
8 Apr 24
8-K
AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement
4 Apr 24
425
Business combination disclosure
29 Mar 24
10-K
2023 FY
Annual report
27 Mar 24
Latest ownership filings
SC 13G/A
Polar Asset Management Partners Inc.
13 Feb 24
SC 13G/A
CAAS CAPITAL MANAGEMENT LP
13 Feb 24
SC 13G/A
LMR Partners LLP
12 Feb 24
SC 13G/A
MILLENNIUM MANAGEMENT LLC
6 Feb 24
SC 13G/A
Magnetar Financial LLC
26 Jan 24
3
Teresa Barger
13 Nov 23
4
Change in insider ownership
11 May 23
3
Henry Choi
9 May 23
SC 13G
Radcliffe Capital Management, L.P.
17 Apr 23
SC 13G/A
LMR Partners LLP
14 Feb 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.24 k | 10.24 k | 10.24 k | 10.24 k | 10.24 k | 10.24 k |
Cash burn (monthly) | 30.03 k | 18.72 k | 56.45 k | 86.85 k | 215.37 k | 379.44 k |
Cash used (since last report) | 228.93 k | 142.70 k | 430.35 k | 662.13 k | 1.64 mm | 2.89 mm |
Cash remaining | -218.70 k | -132.46 k | -420.11 k | -651.89 k | -1.63 mm | -2.88 mm |
Runway (months of cash) | -7.3 | -7.1 | -7.4 | -7.5 | -7.6 | -7.6 |
Institutional ownership, Q4 2023
73.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 27 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 9.83 mm |
Total shares | 5.00 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
IX Acquisition Sponsor | 4.00 mm | $0.00 |
Sea Otter Securities | 995.29 k | $9.83 mm |