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IX Acquisition Corp - IXAQ STOCK NEWS

Welcome to our dedicated news page for IX Acquisition (Ticker: IXAQ), a resource for investors and traders seeking the latest updates and insights on IX Acquisition.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect IX Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of IX Acquisition's position in the market.

Rhea-AI Summary
IX Acquisition Corp. (Nasdaq: IXAQ) has extended the deadline for its initial business combination by one month, with the intention to continue extending it on a monthly basis. The Sponsor will deposit $50,000 into the Company’s trust account in connection with each extension. If the board of directors elects not to extend, the Company will issue a press release announcing this change in policy.
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Rhea-AI Summary
IX Acquisition Corp. (NASDAQ: IXAQ) held a meeting to extend the deadline for a business combination and ratified the selection of an independent registered public accounting firm. Shareholders approved the extension and the contribution of $50,000 per month to complete a business combination. Additionally, 1,817,650 public shares were redeemed for cash at a redemption price of approximately $10.99 per share, totaling around $19.97 million.
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Rhea-AI Summary
IX Acquisition Corp. (NASDAQ: IXAQ) has filed a supplement to its definitive proxy statement with the SEC to consider and vote on proposals, including an extension of the date for completing a business combination. The supplement provides details on the monthly loan amount to be contributed by the Sponsor, as well as the Company's efforts to mitigate risks related to the Investment Company Act of 1940. The Meeting will be held on December 11, 2023, and the Company encourages its shareholders to vote in favor of the Second Extension and other proposals.
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Rhea-AI Summary
IX Acquisition Corp. (NASDAQ: IXAQ) filed a definitive proxy statement to seek shareholder approval to extend the period of time to consummate its initial business combination. The Company's shareholders previously approved a First Extension and now seek approval for a Second Extension. The Company's sponsor will deposit additional funds into the trust account for each month of the Second Extension. The extraordinary general meeting in lieu of an annual general meeting will be held on December 11, 2023, and shareholders are encouraged to vote in favor of the Second Extension and other proposals.
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IX Acquisition Corp. (Nasdaq: IXAQ) Extends Deadline for Business Combination, Receives $160,000 Deposit from Sponsor
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IX Acquisition Corp. extends deadline for business combination by one month
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IX Acquisition Corp. extends Deadline Date for business combination by one month to October 12, 2023.
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Rhea-AI Summary
IX Acquisition Corp. (Nasdaq: IXAQ) extends Deadline Date for business combination by one month, with $160,000 deposit. This decision marks the fifth potential extension, in line with Amended and Restated Memorandum and Articles of Association.
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IX Acquisition Corp

Nasdaq:IXAQ

IXAQ Rankings

IXAQ Stock Data

116.43M
4.66M
72.97%
70.94%
Shell Companies
Financial Services
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United Kingdom
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