IX Acquisition Corp.

IX Acquisition Corp. convened its extraordinary general meeting and adjourned it to October 9, 2025. Shareholders approved the Fifth Extension Amendment Proposal and the Auditor Ratification Proposal. A quorum of approximately 66.17% of outstanding shares was present. In connection with the vote, 435,000 shares were tendered for redemption.

IX Acquisition Corp. reported a net income of $1.96 million for the three months ended March 31, 2026, a substantial increase from $0.24 million in the prior year, primarily driven by a positive change in the fair value of derivative warrant liabilities. The blank check company continues to pursue a business combination with AERKOMM Inc. under a merger agreement from March 2024, having extended its deadline multiple times, now until October 12, 2026. The company was delisted from Nasdaq on June 6, 2025, and its securities are now quoted on the OTC Market. Management has identified a going concern uncertainty due to its liquidity condition and the mandatory liquidation if a business combination is not consummated by the extended deadline.

IX Acquisition Corp. (IXAQF) filed its annual report for the fiscal year ended December 31, 2025, confirming its status as a shell company. This designation indicates the company's primary purpose is to facilitate a business combination or acquisition. As of June 30, 2025, the aggregate market value of its voting ordinary shares held by non-affiliated shareholders was approximately $19 million. The filing also detailed the company's share structure, with 4,703,164 Class A and 1,747,879 Class B ordinary shares outstanding as of April 9, 2026. This report provides investors with an update on the company's regulatory compliance and its ongoing structure as it continues its search for a suitable merger target.