[PRE 14A] IX Acquisition Corp. Unit Preliminary Proxy Statement
IX Acquisition Corp. is soliciting shareholder approval at an extraordinary general meeting to (i) amend its memorandum and articles to permit a fourth extension of the deadline to complete a business combination beyond October 12, 2025, (ii) ratify CBIZ CPAs P.C. as its independent auditor for 2025, and (iii) permit adjournment if additional solicitation is needed.
The Proxy Statement explains that Public Shareholders may elect to redeem their Class A Ordinary Shares for a pro rata portion of the Trust Account if the Fourth Extension is approved. The Sponsor has agreed to make monthly, non‑interest bearing loans to the Trust Account if the Fourth Extension is approved. If the Fourth Extension is not approved and the Company cannot complete a business combination within the Combination Period, the Company will wind up, redeem Public Shares from the Trust Account and liquidate; warrants would expire worthless.
IX Acquisition Corp. sta chiedendo l'approvazione dei soci in un'assemblea straordinaria per: (i) modificare il proprio atto costitutivo e lo statuto al fine di consentire una quarta proroga del termine per completare una combinazione aziendale oltre il 12 ottobre 2025; (ii) ratificare CBIZ CPAs P.C. come revisore indipendente per il 2025; e (iii) autorizzare l'eventuale rinvio dell'assemblea se fosse necessario ulteriore sollecito.
Il Proxy Statement chiarisce che gli Azionisti Pubblici potranno scegliere di riscattare le loro Azioni Ordinarie di Classe A ricevendo una quota proporzionale del Conto Fideiussorio se la Quarta Proroga sarà approvata. Lo Sponsor si è impegnato a effettuare prestiti mensili non fruttiferi al Conto Fideiussorio in caso di approvazione della Quarta Proroga. Se la Quarta Proroga non sarà approvata e la Società non riuscirà a completare una combinazione aziendale entro il Periodo di Combinazione, la Società procederà allo scioglimento, al rimborso delle Azioni Pubbliche dal Conto Fideiussorio e alla liquidazione; le warrant scadranno prive di valore.
IX Acquisition Corp. solicita la aprobación de los accionistas en una junta extraordinaria para: (i) enmendar su acta constitutiva y estatutos para permitir una cuarta prórroga del plazo para completar una combinación empresarial más allá del 12 de octubre de 2025; (ii) ratificar a CBIZ CPAs P.C. como auditor independiente para 2025; y (iii) permitir el aplazamiento de la junta si se necesita mayor solicitación.
La Declaración de Poder explica que los Accionistas Públicos podrán optar por redimir sus Acciones Ordinarias Clase A y recibir una porción prorrata de la Cuenta en Fideicomiso si se aprueba la Cuarta Prórroga. El Patrocinador ha acordado realizar préstamos mensuales sin intereses a la Cuenta en Fideicomiso si se aprueba la Cuarta Prórroga. Si la Cuarta Prórroga no se aprueba y la Compañía no puede completar una combinación empresarial dentro del Período de Combinación, la Compañía se disolverá, redimirá las Acciones Públicas desde la Cuenta en Fideicomiso y se liquidará; las garantías expirarían sin valor.
IX Acquisition Corp.는 임시 주주총회에서 다음 사항에 대해 주주 승인을 요청하고 있습니다: (i) 2025년 10월 12일을 넘겨 사업 결합 완료 기한을 네 번째로 연장할 수 있도록 정관 및 규정을 개정하는 것, (ii) 2025년 독립 감사인으로 CBIZ CPAs P.C.를 비준하는 것, 및 (iii) 추가 소집이 필요한 경우 회의를 연기할 수 있도록 허용하는 것.
위원장 성명서(Proxy Statement)에 따르면, 공모주주(Public Shareholders)는 네 번째 연장이 승인될 경우 신탁 계좌(Trust Account)의 비례 배분 금액을 받고 자신들의 클래스 A 보통주를 환매(redemption)하도록 선택할 수 있습니다. 스폰서는 네 번째 연장이 승인되면 신탁 계좌에 대한 무이자 월간 대출을 제공하기로 합의했습니다. 네 번째 연장이 승인되지 않고 회사가 결합 기간(Combination Period) 내에 사업 결합을 완료하지 못하면 회사는 청산 절차를 진행하여 신탁 계좌에서 공모주를 환매하고 청산되며, 워런트는 무가치하게 소멸됩니다.
IX Acquisition Corp. sollicite l'approbation des actionnaires lors d'une assemblée générale extraordinaire pour : (i) modifier ses statuts afin de permettre une quatrième prolongation du délai pour réaliser une combinaison d'entreprises au‑delà du 12 octobre 2025, (ii) ratifier CBIZ CPAs P.C. en tant qu'auditeur indépendant pour 2025, et (iii) autoriser l'ajournement si une sollicitation supplémentaire est nécessaire.
La notice de procuration (Proxy Statement) explique que les actionnaires publics pourront choisir de racheter leurs actions ordinaires de classe A contre une part proportionnelle du compte fiduciaire si la quatrième prolongation est approuvée. Le sponsor s'est engagé, en cas d'approbation, à consentir des prêts mensuels sans intérêts au compte fiduciaire. Si la quatrième prolongation n'est pas approuvée et que la Société ne peut pas conclure une combinaison d'entreprises pendant la période de combinaison, la Société procédera à sa liquidation, rachètera les actions publiques depuis le compte fiduciaire et liquidera les actifs ; les bons de souscription deviendraient sans valeur.
IX Acquisition Corp. bittet die Aktionäre auf einer außerordentlichen Hauptversammlung um Zustimmung zu folgenden Punkten: (i) Änderung des Memorandums und der Satzung, um eine vierte Verlängerung der Frist zur Durchführung eines Unternehmenszusammenschlusses über den 12. Oktober 2025 hinaus zu ermöglichen, (ii) Bestätigung von CBIZ CPAs P.C. als unabhängige Wirtschaftsprüferin für 2025, und (iii) Erlaubnis zur Vertagung, falls zusätzliche Stimmenwerbung erforderlich ist.
Die Proxy Statement erläutert, dass öffentliche Aktionäre ihre Class‑A‑Stammaktien gegen einen anteiligen Betrag des Treuhandkontos einlösen können, falls die vierte Verlängerung genehmigt wird. Der Sponsor hat sich bereit erklärt, im Falle der Genehmigung der vierten Verlängerung monatliche, nicht verzinste Darlehen an das Treuhandkonto zu gewähren. Wird die vierte Verlängerung nicht genehmigt und kann das Unternehmen innerhalb des Kombinationszeitraums keine Unternehmenszusammenführung abschließen, wird das Unternehmen abgewickelt, die öffentlichen Aktien aus dem Treuhandkonto zurückgekauft und liquidiert; Warrants würden wertlos verfallen.
- Sponsor committed to monthly loan contributions to the Trust Account if the Fourth Extension is approved, providing incremental funding to pursue a Business Combination
- Public Shareholder redemption rights retained upon approval of the Fourth Extension, allowing investors to elect cash-out based on the Trust Account per-share amount
- Auditor continuity: Ratification of CBIZ CPAs P.C. aims to maintain auditing continuity following Marcum's resignation
- Redemptions will reduce the Trust Account, potentially leaving limited cash to complete a Business Combination and requiring additional funding that may not be available
- Warrants will expire worthless upon liquidation if the Company fails to complete a Business Combination within the Combination Period
- Insider voting alignment (Sponsor, officers, directors, Anchor Investors plan to vote in favor) may affect independence of outcome and influence approval
Insights
TL;DR: Extension request is material to shareholders because it determines whether the SPAC liquidates or proceeds to seek a business combination.
The Proxy Statement discloses a proposed Fourth Extension that would allow the Board to extend the Combination Period beyond October 12, 2025, subject to shareholder approval and redemptions. The filing details sponsor monthly loan contributions (non‑interest bearing and repayable upon closing) and outlines redemption mechanics that will reduce the Trust Account if exercised. Voting thresholds (2/3 for the extension, simple majority for ratification/adjournment) and insider voting intentions are disclosed, which affect approval probabilities. The document also clarifies liquidation consequences, including warrants expiring worthless.
TL;DR: Approval of the Fourth Extension materially preserves the ability to consummate a transaction; it keeps deal optionality alive.
The Proxy Statement provides that approval would permit additional time to negotiate and close a business combination without monthly board renewals and would trigger Sponsor loan contributions to support transaction pursuit. It specifies redemption rights that protect public investors while acknowledging the Trust Account reduction risk. The filing frames the extension as necessary to complete the remaining transactional steps: definitive agreements, proxy preparations, record date setting and shareholder vote. These are material milestones for successful M&A execution.
IX Acquisition Corp. sta chiedendo l'approvazione dei soci in un'assemblea straordinaria per: (i) modificare il proprio atto costitutivo e lo statuto al fine di consentire una quarta proroga del termine per completare una combinazione aziendale oltre il 12 ottobre 2025; (ii) ratificare CBIZ CPAs P.C. come revisore indipendente per il 2025; e (iii) autorizzare l'eventuale rinvio dell'assemblea se fosse necessario ulteriore sollecito.
Il Proxy Statement chiarisce che gli Azionisti Pubblici potranno scegliere di riscattare le loro Azioni Ordinarie di Classe A ricevendo una quota proporzionale del Conto Fideiussorio se la Quarta Proroga sarà approvata. Lo Sponsor si è impegnato a effettuare prestiti mensili non fruttiferi al Conto Fideiussorio in caso di approvazione della Quarta Proroga. Se la Quarta Proroga non sarà approvata e la Società non riuscirà a completare una combinazione aziendale entro il Periodo di Combinazione, la Società procederà allo scioglimento, al rimborso delle Azioni Pubbliche dal Conto Fideiussorio e alla liquidazione; le warrant scadranno prive di valore.
IX Acquisition Corp. solicita la aprobación de los accionistas en una junta extraordinaria para: (i) enmendar su acta constitutiva y estatutos para permitir una cuarta prórroga del plazo para completar una combinación empresarial más allá del 12 de octubre de 2025; (ii) ratificar a CBIZ CPAs P.C. como auditor independiente para 2025; y (iii) permitir el aplazamiento de la junta si se necesita mayor solicitación.
La Declaración de Poder explica que los Accionistas Públicos podrán optar por redimir sus Acciones Ordinarias Clase A y recibir una porción prorrata de la Cuenta en Fideicomiso si se aprueba la Cuarta Prórroga. El Patrocinador ha acordado realizar préstamos mensuales sin intereses a la Cuenta en Fideicomiso si se aprueba la Cuarta Prórroga. Si la Cuarta Prórroga no se aprueba y la Compañía no puede completar una combinación empresarial dentro del Período de Combinación, la Compañía se disolverá, redimirá las Acciones Públicas desde la Cuenta en Fideicomiso y se liquidará; las garantías expirarían sin valor.
IX Acquisition Corp.는 임시 주주총회에서 다음 사항에 대해 주주 승인을 요청하고 있습니다: (i) 2025년 10월 12일을 넘겨 사업 결합 완료 기한을 네 번째로 연장할 수 있도록 정관 및 규정을 개정하는 것, (ii) 2025년 독립 감사인으로 CBIZ CPAs P.C.를 비준하는 것, 및 (iii) 추가 소집이 필요한 경우 회의를 연기할 수 있도록 허용하는 것.
위원장 성명서(Proxy Statement)에 따르면, 공모주주(Public Shareholders)는 네 번째 연장이 승인될 경우 신탁 계좌(Trust Account)의 비례 배분 금액을 받고 자신들의 클래스 A 보통주를 환매(redemption)하도록 선택할 수 있습니다. 스폰서는 네 번째 연장이 승인되면 신탁 계좌에 대한 무이자 월간 대출을 제공하기로 합의했습니다. 네 번째 연장이 승인되지 않고 회사가 결합 기간(Combination Period) 내에 사업 결합을 완료하지 못하면 회사는 청산 절차를 진행하여 신탁 계좌에서 공모주를 환매하고 청산되며, 워런트는 무가치하게 소멸됩니다.
IX Acquisition Corp. sollicite l'approbation des actionnaires lors d'une assemblée générale extraordinaire pour : (i) modifier ses statuts afin de permettre une quatrième prolongation du délai pour réaliser une combinaison d'entreprises au‑delà du 12 octobre 2025, (ii) ratifier CBIZ CPAs P.C. en tant qu'auditeur indépendant pour 2025, et (iii) autoriser l'ajournement si une sollicitation supplémentaire est nécessaire.
La notice de procuration (Proxy Statement) explique que les actionnaires publics pourront choisir de racheter leurs actions ordinaires de classe A contre une part proportionnelle du compte fiduciaire si la quatrième prolongation est approuvée. Le sponsor s'est engagé, en cas d'approbation, à consentir des prêts mensuels sans intérêts au compte fiduciaire. Si la quatrième prolongation n'est pas approuvée et que la Société ne peut pas conclure une combinaison d'entreprises pendant la période de combinaison, la Société procédera à sa liquidation, rachètera les actions publiques depuis le compte fiduciaire et liquidera les actifs ; les bons de souscription deviendraient sans valeur.
IX Acquisition Corp. bittet die Aktionäre auf einer außerordentlichen Hauptversammlung um Zustimmung zu folgenden Punkten: (i) Änderung des Memorandums und der Satzung, um eine vierte Verlängerung der Frist zur Durchführung eines Unternehmenszusammenschlusses über den 12. Oktober 2025 hinaus zu ermöglichen, (ii) Bestätigung von CBIZ CPAs P.C. als unabhängige Wirtschaftsprüferin für 2025, und (iii) Erlaubnis zur Vertagung, falls zusätzliche Stimmenwerbung erforderlich ist.
Die Proxy Statement erläutert, dass öffentliche Aktionäre ihre Class‑A‑Stammaktien gegen einen anteiligen Betrag des Treuhandkontos einlösen können, falls die vierte Verlängerung genehmigt wird. Der Sponsor hat sich bereit erklärt, im Falle der Genehmigung der vierten Verlängerung monatliche, nicht verzinste Darlehen an das Treuhandkonto zu gewähren. Wird die vierte Verlängerung nicht genehmigt und kann das Unternehmen innerhalb des Kombinationszeitraums keine Unternehmenszusammenführung abschließen, wird das Unternehmen abgewickelt, die öffentlichen Aktien aus dem Treuhandkonto zurückgekauft und liquidiert; Warrants würden wertlos verfallen.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Securities Exchange Act of 1934
53 DAVIES STREET
LONDON, W1K 5JH
UNITED KINGDOM
| [•], 2025 | | | By Order of the Board of Directors | |
| | | |
/s/ Noah Aptekar
|
|
| | | |
Noah Aptekar
Chief Executive Officer |
|
53 DAVIES STREET
LONDON, W1K 5JH
UNITED KINGDOM
| [•], 2025 | | | By Order of the Board of Directors | |
| | | |
/s/ Noah Aptekar
|
|
| | | |
Noah Aptekar
Chief Executive Officer and Director |
|
| | |
Page
|
| |||
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
|
| | | | 1 | | |
QUESTIONS AND ANSWERS ABOUT THE MEETING
|
| | | | 2 | | |
RISK FACTORS
|
| | | | 15 | | |
THE MEETING
|
| | | | 18 | | |
PROPOSAL ONE — THE FOURTH EXTENSION AMENDMENT PROPOSAL
|
| | | | 23 | | |
PROPOSAL TWO — THE AUDITOR RATIFICATION PROPOSAL
|
| | | | 28 | | |
PROPOSAL THREE — THE ADJOURNMENT PROPOSAL
|
| | | | 30 | | |
BACKGROUND
|
| | | | 31 | | |
BENEFICIAL OWNERSHIP OF SECURITIES
|
| | | | 34 | | |
FUTURE SHAREHOLDER PROPOSALS
|
| | | | 35 | | |
HOUSEHOLDING INFORMATION
|
| | | | 35 | | |
WHERE YOU CAN FIND MORE INFORMATION
|
| | | | 35 | | |
ANNEX A — PROPOSED AMENDMENT TO THE AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION OF IX ACQUISITION CORP.
|
| | | | A-1 | | |
1 State Street, 30th Floor
New York, New York 10004
Attn: SPAC Redemption Team
E-mail: spacredemptions@continentalstock.com
P.O. Box 10904
Yakima, WA 98909
Attn: Karen Smith
Toll Free Telephone: (877) 870-8565
Main Telephone: (206) 870-8565
E-mail: ksmith@advantageproxy.com
53 Davies Street
London, W1K 5JH
United Kingdom
Telephone: +44 (0) (203) 983-0450
1 State Street, 30th Floor
New York, New York 10004
Attn: SPAC Redemption Team
E-mail: spacredemptions@continentalstock.com
P.O. Box 10904
Yakima, WA 98909
Attn: Karen Smith
Toll Free Telephone: (877) 870-8565
Main Telephone: (206) 870-8565
E-mail: ksmith@advantageproxy.com
1 State Street, 30th Floor
New York, New York 10004
Attn: SPAC Redemption Team
E-mail: spacredemptions@continentalstock.com
Name and Address of Beneficial Owner(1)
|
| |
Number of
Shares Beneficially Owned |
| |
Percentage of
Outstanding Ordinary Shares |
| ||||||
All officers and directors as a group (seven individuals)
|
| | | | 4,002,121 | | | | | | 54% | | |
Noah Aptekar(2)
|
| | | | 4,002,121 | | | | | | 54% | | |
Eduardo Marini
|
| | | | — | | | | | | — | | |
Shannon Grewer
|
| | | | — | | | | | | — | | |
IX Acquisition Sponsor, LLC(2)(3)
|
| | | | 4,002,121 | | | | | | 54% | | |
53 Davies Street
London, W1K 5JH
United Kingdom
Telephone: +44 (0) (203) 983-0450
53 Davies Street
London, W1K 5JH
United Kingdom
Telephone: +44 (0) (203) 983-0450
PO Box 10904
Yakima, WA 98909
Attn: Karen Smith
Toll Free Telephone: (877) 870-8565
Main Telephone: (206) 870-8565
E-mail: ksmith@advantageproxy.com
AMENDED AND RESTATED MEMORANDUM AND
ARTICLES OF ASSOCIATION
OF
IX ACQUISITION CORP.
53 DAVIES STREET
LONDON, W1K 5JH
UNITED KINGDOM
IN LIEU OF AN ANNUAL GENERAL MEETING
OF SHAREHOLDERS OF
IX ACQUISITION CORP.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
Extraordinary General Meeting in Lieu of an Annual General Meeting of Shareholders
to be held on [•], 2025:
www.cstproxy.com/ .
|
IX ACQUISITION CORP. — THE BOARD OF
DIRECTORS RECOMMENDS A VOTE “FOR” PROPOSALS 1, 2, AND 3. |
| | | | |
Please mark votes as ☒
indicated in this example |
| |||
| (1) The Fourth Extension Amendment Proposal — RESOLVED, as a special resolution, that the Amended and Restated Memorandum of Association and Articles of Association be amended in the form attached to the proxy statement as Annex A, with immediate effect, in order to extend the date by which the Company has to consummate a Business Combination from October 12, 2025 on a monthly basis up to [•] ([•]) times to [•], 2026 (or such earlier date as determined by the Company’s board of directors). | | |
FOR
☐ |
| |
AGAINST
☐ |
| |
ABSTAIN
☐ |
|
| (2) The Auditor Ratification Proposal — RESOLVED, as an ordinary resolution, that the appointment of CBIZ CPAs P.C. as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2025 be ratified, approved and confirmed in all respects. | | |
FOR
☐ |
| |
AGAINST
☐ |
| |
ABSTAIN
☐ |
|
| (3) The Adjournment Proposal — RESOLVED, as an ordinary resolution, that the adjournment of the extraordinary general meeting in lieu of an annual general meeting to a later date or dates, or indefinitely, to be determined by the chairman of the extraordinary general meeting in lieu of an annual general meeting, or indefinitely, if necessary or convenient, to permit further solicitation and vote of proxies be confirmed, ratified and approved in all respects. | | |
FOR
☐ |
| |
AGAINST
☐ |
| |
ABSTAIN
☐ |
|
| | | | Date: , 2025 | | ||||||
| | | | Signature | | ||||||
| | | | Signature (if held jointly) | |