IX Acquisition Corp.
Business
IX Acquisition Corp. is a blank check acquisition company formed to identify and complete a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination. It offers public units, warrants and sponsor arrangements and maintains a trust account to hold proceeds from its initial public offering and related private placement activities. The company operates through deal‑oriented functions focused on sourcing and structuring an initial business combination, sponsor support agreements and PIPE/SAFE placement arrangements. It accesses capital markets and investors through public offerings, private placements and broker/dealer placement agents, and operates largely virtually with international investor outreach.
Summary from filing dated 2025-04-03
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Operating and formation expenses | 204,955 | 3 | — | — | |
| Loss from operations | −204,955 | −3 | −1 | −1 | |
| Income from cash held in the Trust Account | 541,356 | 1 | 5 | 3 | |
| Interest (expense) on operating cash account | — | −68 | 94 | 919 | |
| Benefit from credit loss | 500,000 | — | — | — | |
| Change in fair value of derivative warrant liabilities | −2 | −746,000 | 0 | 8 | |
| Total other (expense) income, net | −637,144 | 474,372 | 5 | 11 | |
| Net loss | −842,099 | −2 | 4 | 9 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 179,000 | 3,527 | 24,278 | 70,236 | 611,620 | |
| Prepaid expenses | 25,750 | 27,052 | 30,030 | 233,901 | 284,594 | |
| Due from AERKOMM | 160,000 | — | — | — | — | |
| Due from related party | 14,750 | 13,877 | 0 | — | — | |
| Total current assets | 379,475 | 44,456 | 54,308 | 304,137 | 899,709 | |
| Cash held in the Trust Account | 9 | 19 | 31 | 234 | 231 | |
| Total Assets | 9 | 19 | 31 | 235 | 232 | |
| Accounts payable | 412,917 | 421,068 | — | 32,419 | 15,589 | |
| Accrued expenses | 3 | 2 | 1 | 990,312 | 375,024 | |
| Promissory note-related party | 4 | 4 | 2 | 0 | — | |
| Total current liabilities | 7 | 6 | 3 | 1 | 396,793 | |
| Derivative warrant liabilities | 3 | 1 | 373,000 | 373,000 | 8 | |
| Deferred underwriting fee payable | 6 | 6 | 6 | 12 | 12 | |
| Total non-current liabilities | 9 | 7 | 6 | 12 | 20 | |
| Total Liabilities | 16 | 14 | 10 | 13 | 20 | |
| Commitments and Contingencies (Note 6) | — | — | — | — | — | |
| Class A ordinary shares subject to possible redemption, $0.0001 par value, at approximately $12.53 and $11.77 per share, respectively; 701,043 and 1,610,373 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 9 | 19 | 31 | 234 | 231 | |
| Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | — | — | — | — | — | |
| Accumulated deficit | −16 | −14 | −11 | −13 | −19 | |
| Total shareholders' deficit | −16 | −14 | −10 | −13 | −19 | |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit | 9 | 19 | 31 | 235 | 232 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Net loss | −842,099 | −2 | 4 | 9 | |
| Income from cash held in the Trust Account | −541,356 | −1 | −5 | −3 | |
| Prepaid expenses and due from related party | 429 | −10,899 | 203,871 | — | |
| Due from AERKOMM | −160,000 | — | — | — | |
| Accounts receivable | 500,000 | — | — | — | |
| Accounts payable | −8,151 | 421,068 | −32,419 | 16,830 | |
| Accrued expenses | 468,516 | 946,557 | 266,355 | 615,288 | |
| Net cash provided by (used in) operating activities | 595,839 | −1 | −605,726 | −558,681 | |
| Cash withdrawn from Trust Account in connection with Redemptions | 11 | 14 | 209 | — | |
| Cash deposited in the Trust Account | −518,925 | −594,934 | −1 | — | |
| Net cash provided by investing activities | 11 | 14 | 208 | — | |
| Proceeds from convertible promissory note - related party | 578,534 | 2 | — | — | |
| Repayment of promissory note - related party | −480,000 | — | — | — | |
| Redemption of ordinary shares | −11 | −14 | −209 | — | |
| Net cash used in financing activities | −11 | −12 | −207 | 17,297 | |
| Net change in cash | 175,448 | −20,751 | −45,958 | −541,384 | |
| Remeasurement of Class A ordinary shares to redemption amount | 1 | 2 | 6 | 3 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is IX Acquisition Corp.'s CIK number?
IX Acquisition Corp.'s SEC CIK number is 0001852019 (1852019). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find IX Acquisition Corp.'s SEC filings?
All of IX Acquisition Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.