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I

IX Acquisition IXAQF · USD

N/A · US listing · 🇺🇸 United States

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12.99

0.00%

Close of 9 Nov 2026, in USD

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About IX Acquisition

From its filings with the US Securities and Exchange Commission

SEC filings

IX Acquisition is based in London and is incorporated in Cayman Islands. Its shares trade on OTC under the ticker IXAQF. The SEC classifies its business as communications services, nec. In the fiscal year to 31 December 2025, it reported a net loss of $842,099. At that date it held total assets of $9.2m and shareholders' equity of −$15.5m.

In its own words

IX Acquisition Corp. (the “Company”) is a blank check company incorporated on March 1, 2021 as a Cayman Islands exempted company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have neither engaged in any operations nor generated any revenue to date. Based on our business activities, the Company is a “shell company” as defined under the Securities Exchange Act of 1934 (the “Exchange Act”) because we have no operations and nominal assets consisting almost entirely of cash.

On October 12, 2021, we consummated our initial public offering (the “Initial Public Offering”) of 23,000,000 units, including the issuance of 3,000,000 units as a result of the underwriters’ full exercise of their over-allotment option. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. The units were sold at an offering price of $10.00 per unit, generating gross proceeds, before expenses, of $230,000,000.

Quoted from its 10-K, filed 9 Apr 2026. Read the filing on SEC.gov ↗

Company facts

Sector
N/A
Industry
N/A
Listed since
7 Oct 2021
Website
ixacq.com ↗
Head office
53 DAVIES STREET, LONDON, W1K 5JH
Incorporated in
E9
Classification
Communications Services, NEC
Filer status
<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Noah AptekarChief Executive Officer, Chief Financial Officer, Chief Operating Officer, Director, since 2024
  • Ms. Shannon GrewerIndependent Director
  • Mr. Eduardo MariniIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Focus on technology, media, and telecommunications sectors in Europe and emerging markets.
  • Targeting telecommunications infrastructure and digital services for business combinations.
  • Intention to pursue mergers and acquisitions in information and communication technology industries.

Weaknesses

  • Blank check company structure limits immediate revenue generation.
  • Dependent on finding suitable business combinations within specified sectors.
  • Limited operational history as a newly listed entity since 2021.

Opportunities

  • Growing demand for digital services in emerging markets.
  • Expansion opportunities in European telecommunications infrastructure.
  • Potential partnerships with technology firms in information and communication technology.

Threats

  • Competition from other blank check companies targeting similar sectors.
  • Economic downturns affecting investment in technology and telecommunications.
  • Regulatory changes in European and emerging market telecommunications sectors.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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