Aerkomm Inc. amended its earlier report to correct Jeff T.C. Hsu’s resignation date: his resignation from the board was effective May 31, 2026, not May 31, 2025. The company said no other changes were made.
The board appointed Tayi Shen, Aerkomm’s vice president of business development, to replace Hsu effective September 14, 2026. Shen has served in that role since April 2023, leading business development and partnerships in the satellite communication sector for B2G and B2B clients. The company said there were no arrangements or understandings underlying his election and no related-person transaction requiring disclosure.
AKOM Inc. is registering up to 43,378,679 shares of common stock and 18,650,000 warrants to purchase common stock in connection with its business combination with AERKOMM Inc. and the SPAC IX Acquisition Corp. The S-4 describes IXAQ’s domestication from Cayman to Delaware, the merger of a IXAQ subsidiary into AERKOMM, and AKOM Inc. as the post‑combination public company.
AERKOMM stockholders are slated to receive closing consideration based on a $200,000,000 purchase price formula, plus up to 17,391,304 incentive earnout shares tied to AKOM Pubco share-price milestones over five years. As of September 30, 2025, the closing share mix would include 8,901,238 AKOM shares for AERKOMM holders, with options and warrants assumed or converted using a defined conversion ratio.
The filing outlines a $35,000,000 PIPE at $11.50 per share and at least $15,000,000 of SAFE investments, both converting into AKOM Pubco equity at closing. IXAQ has been delisted from Nasdaq and trades over-the-counter; relisting AKOM Pubco on Nasdaq is a closing condition that may be waived, raising “penny stock” and state blue-sky regulation risks if net tangible assets fall below $5,000,001. IXAQ shareholders receive detailed voting and redemption mechanics, while the sponsor, controlling about 62% of shares, has agreed to vote for the deal.