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IX Acquisition Corp


About: IX Acquisition Corp is a blank check company.

Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 0

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

13% more funds holding

Funds holding: 16 [Q4 2023] → 18 (+2) [Q1 2024]

4% more capital invested

Capital invested by funds: $29.9M [Q4 2023] → $31M (+$1.05M) [Q1 2024]

0.82% more ownership

Funds ownership: 41.78% [Q4 2023] → 42.6% (+0.82%) [Q1 2024]

67% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 6

Research analyst outlook

We haven’t received any recent analyst ratings for IXAQ.

Financial journalist opinion

6 months ago
IX Acquisition Corp. Announces Increase in Contribution Amount in Connection with its Proposed Extension
IX Acquisition Corp. (NASDAQ: IXAQ) (the “Company”), a blank check company incorporated as a Cayman Islands exempted company, today announced that it has filed a supplement (“Supplement”) to its definitive proxy statement (the “Proxy Statement”) with the US Securities and Exchange Commission (the “SEC”) on November 24, 2023, in connection with an extraordinary general meeting in lieu of an annual general meeting of the shareholders (“Meeting”) to consider and vote on certain proposals, including an extension of the date by which the Company has to complete a business combination from December 12, 2023 on a monthly basis up to ten (10) times until October 12, 2024 (the “Second Extension”). The Supplement provides that the monthly loan amount that IX Acquisition Sponsor LLC (the “Sponsor”) will contribute to the Company's trust account if the Second Extension is approved will increase from $0.015 to $0.025 for each public share that is not redeemed while retaining the $50,000 maximum monthly amount to be contributed by the Sponsor (each such monthly loan, a “Contribution”). The Company's shareholders previously approved an extension of the time the Company has to consummate a business combination from April 12, 2023 to May 12, 2023, and to allow the Company, without another shareholder vote, by resolution of the Board, to elect to further extend such deadline in one-month increments up to eleven additional times, until April 12, 2024 (the “First Extension”).
IX Acquisition Corp. Announces Increase in Contribution Amount in Connection with its Proposed Extension