[DEF 14A] IX Acquisition Corp. Definitive Proxy Statement
IX Acquisition Corp. is soliciting shareholder approval at an extraordinary meeting on October 8, 2025 to (1) amend its memorandum and articles to permit a one-year extension (monthly, up to 12 months) of the deadline to complete a business combination to October 12, 2026, (2) ratify CBIZ CPAs P.C. as auditor for 2025, and (3) approve an adjournment option. If approved, public shareholders may elect to redeem shares for a pro rata portion of the trust account before the meeting; the trust held approximately $19.8 million on September 19, 2025, implying about $12.31 per public share. Sponsor contributions of up to the lesser of $40,000 or $0.03 per outstanding public share per month would be made as interest-free loans if the extension is approved. If the extension fails and no business combination occurs, the company will wind up and redeem public shares from the trust.
IX Acquisition Corp. chiede l'approvazione agli azionisti in una riunione straordinaria l'8 ottobre 2025 per: (1) modificare le memorandum e gli statuti per consentire una estensione di un anno (mensilmente, fino a 12 mesi) della scadenza per completare una business combination al 12 ottobre 2026; (2) ratificare CBIZ CPAs P.C. come revisore per il 2025; e (3) approvare una opzione di sospensione. Se approvato, gli azionisti pubblici possono esercitare il diritto di riscattare le azioni per una quota pro rata del fondo fiduciario prima della riunione; il fondo conteneva circa 19,8 milioni di dollari al 19 settembre 2025, pari a circa 12,31 dollari per azione pubblica. I contributi dello sponsor, fino al minore tra 40.000 dollari o 0,03 dollari per azione pubblica in circolazione al mese, sarebbero concessi come prestiti senza interessi se l'estensione è approvata. Se l'estensione non ottiene l'approvazione e non si verifica alcuna business combination, la società sarà liquidata e gli azionisti pubblici saranno riscattati dal fondo.
IX Acquisition Corp. solicita la aprobación de los accionistas en una reunión extraordinaria el 8 de octubre de 2025 para: (1) enmendar sus estatutos para permitir una extensión de un año (mensual, hasta 12 meses) del plazo para completar una combinación de negocios hasta el 12 de octubre de 2026; (2) ratificar a CBIZ CPAs P.C. como auditor para 2025; y (3) aprobar una opción de aplazamiento. Si se aprueba, los accionistas públicos pueden canjear sus acciones por una parte proporcional de la cuenta en fideicomiso antes de la reunión; la cuenta al 19 de septiembre de 2025 contenía aproximadamente 19,8 millones de dólares, lo que equivale a unos 12,31 dólares por acción pública. Las aportaciones del patrocinador, hasta lo menor entre 40,000 dólares o 0,03 dólares por acción pública en circulación por mes, se realizarían como préstamos sin intereses si se aprueba la extensión. Si la extensión no es aprobada y no ocurre ninguna combinación de negocios, la empresa se liquidará y se canjearán las acciones públicas de la cuenta en fideicomiso.
IX Acquisition Corp.는 2025년 10월 8일 열리는 특별주주총회에서 (1) 비즈니스 결합 완료 기한을 2026년 10월 12일까지 연장할 수 있도록 정관을 개정하고(매월 12개월까지), (2) 2025년 감사인으로 CBIZ CPAs P.C.를 재인증하고, (3) 연장 옵션을 승인하는 것을 요청합니다. 승인이 되면 공개 주주는 회의 전에 신탁계정의 비례지분으로 주식을 상환할 수 있습니다. 2025년 9월 19일 기준 신탁계정은 약 1980만 달러를 보유하고 있어 공개주당 약 12.31달러에 해당합니다. 스폰서의 기여금은 연장이 승인될 경우 남은 월별 공시된 공개주식 수에 대해 40,000달러 또는 주당 0.03달러 중 작은 금액까지 무이자로 대출되는 방식으로 제공될 수 있습니다. 만약 연장이 승인되지 않고 비즈니스 결합이 발생하지 않으면 회사는 해산되고 신탁계정에서 공개주식을 상환합니다.
IX Acquisition Corp. sollicite l'approbation des actionnaires lors d'une assemblée extraordinaire le 8 octobre 2025 afin de : (1) modifier ses statuts pour permettre une extension d'un an (mensuelle, jusqu'à 12 mois) du délai pour conclure une fusion d'activité jusqu'au 12 octobre 2026 ; (2) ratifier CBIZ CPAs P.C. comme auditeur pour 2025 ; et (3) approuver une option de prorogation. Si elle est approuvée, les actionnaires publics pourront racheter leurs actions pour une part pro rata du compte fiduciaire avant l'assemblée ; le compte fiduciaire détenait environ 19,8 millions de dollars au 19 septembre 2025, soit environ 12,31 dollars par action publique. Les contributions du sponsor, équivalentes au moindre de 40 000 dollars ou 0,03 dollar par action publique en circulation par mois, seraient fournies sous forme de prêts sans intérêt si l’extension est approuvée. Si l’extension échoue et qu’aucune fusion n’est réalisée, la société sera liquidée et les actions publiques seront rachetées du compte fiduciaire.
IX Acquisition Corp. bittet um die Zustimmung der Aktionäre in einer außerordentlichen Sitzung am 8. Oktober 2025, um: (1) die Satzung dahingehend zu ändern, dass eine einjährige Verlängerung (monatlich bis zu 12 Monate) der Frist zur Durchführung einer Geschäftszusammenführung bis zum 12. Oktober 2026 ermöglicht wird; (2) CBIZ CPAs P.C. als Prüfer für 2025 zu ratifizieren; und (3) eineAdjournment-Option zu genehmigen. Wenn genehmigt, können öffentliche Aktionäre vor der Sitzung Anteile gegen einen anteiligen Anteil am Treuhandkonto redeemen; das Treuhandkonto hielt zum 19. September 2025 rund 19,8 Mio. USD, entsprechend etwa 12,31 USD pro öffentlichem Anteil. Beiträge des Sponsors bis zum kleineren Betrag aus 40.000 USD oder 0,03 USD pro ausstehendem öffentlichem Anteil pro Monat würden als zinslose Darlehen gewährt, falls die Verlängerung genehmigt wird. Wird die Verlängerung nicht genehmigt und es kommt keine Geschäftsverbindung zustande, wird das Unternehmen aufgelöst und öffentliche Anteile aus dem Treuhandkonto redeemt.
IX Acquisition Corp. تطلب موافقة المساهمين في اجتماع استثنائي في 8 أكتوبر 2025 من أجل: (1) تعديل ميثاق الشركة للسماح بتمديد لمدة عام واحد (شهريًا حتى 12 شهرًا) للموعد النهائي لإتمام دمج تجاري حتى 12 أكتوبر 2026؛ (2) التصديق على CBIZ CPAs P.C. كمراجِع لحسابات 2025؛ و(3) الموافقة على خيار تأجيل الاجتماع. إذا تمت الموافقة، يجوز للمساهمين الجمهور اختيار استبدال أسهمهم بنسبة نسبية من حساب الثقة قبل الاجتماع؛ كان الحساب يضم نحو 19.8 مليون دولار في 19 سبتمبر 2025، ما يعادل نحو 12.31 دولارًا للسهم العام. ستُقدم مساهمات الراعي بما لا يزيد عن الأقل من 40,000 دولار أو 0.03 دولار للسهم العام القائم لكل شهر كقروض بدون فائدة إذا تمت الموافقة على التمديد. إذا فشلت التمديد ولم يحدث دمج تجاري، ستتم تصفية الشركة واسترداد الأسهم العامة من الحساب.
IX Acquisition Corp. 正在于2025年10月8日的特别股东大会上寻求批准:(1) 修改其章程,以允许将完成商业组合的期限延长一年(按月,可延长至12个月),至2026年10月12日;(2) 批准 CBIZ CPAs P.C. 作为2025年的审计师;(3) 通过一次休会选择权。若获得批准,公开股东可在会议前按比例从信托账户赎回股票;截至2025年9月19日,信托账户约有1980万美元,相当于每股公开股份约12.31美元。若延期获得批准,赞助方按每月对在外公开股数的0.03美元与40,000美元中较小者无息地提供贷款。如果延期未获批准且不发生任何商业组合,公司将解散并从信托中赎回公开股份。
- Allows additional time for management to complete a Business Combination through October 12, 2026 if approved
- Provides redemption rights so Public Shareholders can elect to receive their pro rata portion of the Trust Account upon approval
- Sponsor commits to monthly contributions (loans up to the lesser of $40,000 or $0.03 per remaining public share) to support extension
- Maintains audit continuity by ratifying CBIZ CPAs P.C. as independent registered public accounting firm for 2025
- Redemptions will reduce the Trust Account, potentially leaving significantly less cash to fund a Business Combination
- Sponsor contributions are capped and interest-free, which may be insufficient to fund larger transactions or address shortfalls
- Sponsor and insiders control ~78.12% of voting power, which may enable approval despite public shareholder opposition
- Warrants will expire worthless if no Business Combination is completed within the Combination Period
Insights
TL;DR: Extension shifts dilution and liquidity risks to public shareholders while preserving sponsor control and potential upside of a delayed business combination.
The proposed Fourth Extension Amendment transfers the timing decision to the Board for up to 12 additional monthly extensions and conditions monthly sponsor loans on shareholder approval. This preserves the SPAC's ability to complete a transaction beyond the current deadline but materially changes the timing rights of public holders by enabling redemptions now that will reduce trust funds available for a deal. Sponsor voting power (founder shares and anchor holdings) is substantial and appears sufficient to carry the proposals if they vote in favor. The structure includes typical protections for public holders (redemption right) but creates execution risk: reduced trust balances post-redemption and capped, interest-free sponsor loans may be insufficient, increasing the chance of needing further financing or abbreviated deal economics. Ratification of CBIZ appears routine to maintain audit continuity.
TL;DR: The extension preserves optionality but likely lowers per-share cash available for post-redemption shareholders and raises liquidity concerns.
The trust held ~$19.8 million as of 9/19/2025, implying ~$12.31 redemption value per public share pre-tax. If many public shareholders redeem, remaining cash could be substantially reduced, increasing reliance on sponsor loans capped at the lesser of $40,000 or $0.03 per remaining public share per month. That contribution rate is modest relative to typical SPAC monthly top-ups and may limit the company’s ability to pursue larger targets without additional financing. Sponsor and insiders control ~78.12% of voting power on the record date, which materially increases the likelihood of approval absent large broker vote dynamics. Auditor ratification to CBIZ supports reporting continuity and is unlikely to be controversial.
IX Acquisition Corp. chiede l'approvazione agli azionisti in una riunione straordinaria l'8 ottobre 2025 per: (1) modificare le memorandum e gli statuti per consentire una estensione di un anno (mensilmente, fino a 12 mesi) della scadenza per completare una business combination al 12 ottobre 2026; (2) ratificare CBIZ CPAs P.C. come revisore per il 2025; e (3) approvare una opzione di sospensione. Se approvato, gli azionisti pubblici possono esercitare il diritto di riscattare le azioni per una quota pro rata del fondo fiduciario prima della riunione; il fondo conteneva circa 19,8 milioni di dollari al 19 settembre 2025, pari a circa 12,31 dollari per azione pubblica. I contributi dello sponsor, fino al minore tra 40.000 dollari o 0,03 dollari per azione pubblica in circolazione al mese, sarebbero concessi come prestiti senza interessi se l'estensione è approvata. Se l'estensione non ottiene l'approvazione e non si verifica alcuna business combination, la società sarà liquidata e gli azionisti pubblici saranno riscattati dal fondo.
IX Acquisition Corp. solicita la aprobación de los accionistas en una reunión extraordinaria el 8 de octubre de 2025 para: (1) enmendar sus estatutos para permitir una extensión de un año (mensual, hasta 12 meses) del plazo para completar una combinación de negocios hasta el 12 de octubre de 2026; (2) ratificar a CBIZ CPAs P.C. como auditor para 2025; y (3) aprobar una opción de aplazamiento. Si se aprueba, los accionistas públicos pueden canjear sus acciones por una parte proporcional de la cuenta en fideicomiso antes de la reunión; la cuenta al 19 de septiembre de 2025 contenía aproximadamente 19,8 millones de dólares, lo que equivale a unos 12,31 dólares por acción pública. Las aportaciones del patrocinador, hasta lo menor entre 40,000 dólares o 0,03 dólares por acción pública en circulación por mes, se realizarían como préstamos sin intereses si se aprueba la extensión. Si la extensión no es aprobada y no ocurre ninguna combinación de negocios, la empresa se liquidará y se canjearán las acciones públicas de la cuenta en fideicomiso.
IX Acquisition Corp.는 2025년 10월 8일 열리는 특별주주총회에서 (1) 비즈니스 결합 완료 기한을 2026년 10월 12일까지 연장할 수 있도록 정관을 개정하고(매월 12개월까지), (2) 2025년 감사인으로 CBIZ CPAs P.C.를 재인증하고, (3) 연장 옵션을 승인하는 것을 요청합니다. 승인이 되면 공개 주주는 회의 전에 신탁계정의 비례지분으로 주식을 상환할 수 있습니다. 2025년 9월 19일 기준 신탁계정은 약 1980만 달러를 보유하고 있어 공개주당 약 12.31달러에 해당합니다. 스폰서의 기여금은 연장이 승인될 경우 남은 월별 공시된 공개주식 수에 대해 40,000달러 또는 주당 0.03달러 중 작은 금액까지 무이자로 대출되는 방식으로 제공될 수 있습니다. 만약 연장이 승인되지 않고 비즈니스 결합이 발생하지 않으면 회사는 해산되고 신탁계정에서 공개주식을 상환합니다.
IX Acquisition Corp. sollicite l'approbation des actionnaires lors d'une assemblée extraordinaire le 8 octobre 2025 afin de : (1) modifier ses statuts pour permettre une extension d'un an (mensuelle, jusqu'à 12 mois) du délai pour conclure une fusion d'activité jusqu'au 12 octobre 2026 ; (2) ratifier CBIZ CPAs P.C. comme auditeur pour 2025 ; et (3) approuver une option de prorogation. Si elle est approuvée, les actionnaires publics pourront racheter leurs actions pour une part pro rata du compte fiduciaire avant l'assemblée ; le compte fiduciaire détenait environ 19,8 millions de dollars au 19 septembre 2025, soit environ 12,31 dollars par action publique. Les contributions du sponsor, équivalentes au moindre de 40 000 dollars ou 0,03 dollar par action publique en circulation par mois, seraient fournies sous forme de prêts sans intérêt si l’extension est approuvée. Si l’extension échoue et qu’aucune fusion n’est réalisée, la société sera liquidée et les actions publiques seront rachetées du compte fiduciaire.
IX Acquisition Corp. bittet um die Zustimmung der Aktionäre in einer außerordentlichen Sitzung am 8. Oktober 2025, um: (1) die Satzung dahingehend zu ändern, dass eine einjährige Verlängerung (monatlich bis zu 12 Monate) der Frist zur Durchführung einer Geschäftszusammenführung bis zum 12. Oktober 2026 ermöglicht wird; (2) CBIZ CPAs P.C. als Prüfer für 2025 zu ratifizieren; und (3) eineAdjournment-Option zu genehmigen. Wenn genehmigt, können öffentliche Aktionäre vor der Sitzung Anteile gegen einen anteiligen Anteil am Treuhandkonto redeemen; das Treuhandkonto hielt zum 19. September 2025 rund 19,8 Mio. USD, entsprechend etwa 12,31 USD pro öffentlichem Anteil. Beiträge des Sponsors bis zum kleineren Betrag aus 40.000 USD oder 0,03 USD pro ausstehendem öffentlichem Anteil pro Monat würden als zinslose Darlehen gewährt, falls die Verlängerung genehmigt wird. Wird die Verlängerung nicht genehmigt und es kommt keine Geschäftsverbindung zustande, wird das Unternehmen aufgelöst und öffentliche Anteile aus dem Treuhandkonto redeemt.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Securities Exchange Act of 1934
53 DAVIES STREET
LONDON, W1K 5JH
UNITED KINGDOM
| September 23, 2025 | | | By Order of the Board of Directors | |
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/s/ Noah Aptekar
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Noah Aptekar
Chief Executive Officer |
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53 DAVIES STREET
LONDON, W1K 5JH
UNITED KINGDOM
| September 23, 2025 | | | By Order of the Board of Directors | |
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/s/ Noah Aptekar
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Noah Aptekar
Chief Executive Officer and Director |
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Page
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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
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| | | | 1 | | |
QUESTIONS AND ANSWERS ABOUT THE MEETING
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RISK FACTORS
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THE MEETING
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PROPOSAL ONE — THE FOURTH EXTENSION AMENDMENT PROPOSAL
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| | | | 23 | | |
PROPOSAL TWO — THE AUDITOR RATIFICATION PROPOSAL
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PROPOSAL THREE — THE ADJOURNMENT PROPOSAL
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BACKGROUND
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BENEFICIAL OWNERSHIP OF SECURITIES
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FUTURE SHAREHOLDER PROPOSALS
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HOUSEHOLDING INFORMATION
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WHERE YOU CAN FIND MORE INFORMATION
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ANNEX A — PROPOSED AMENDMENT TO THE AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION OF IX ACQUISITION CORP.
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| | | | 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)
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Number of
Shares Beneficially Owned |
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Percentage of
Outstanding Ordinary Shares |
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All officers and directors as a group (seven individuals)
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| | | | 4,002,121 | | | | | | 54% | | |
Noah Aptekar(2)
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| | | | 4,002,121 | | | | | | 54% | | |
Eduardo Marini
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| | | | — | | | | | | — | | |
Shannon Grewer
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IX Acquisition Sponsor, LLC(2)(3)
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| | | | 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 October 8, 2025:
www.cstproxy.com/ .
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IX ACQUISITION CORP. — THE BOARD OF
DIRECTORS RECOMMENDS A VOTE “FOR” PROPOSALS 1, 2, AND 3. |
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Please mark votes as ☒
indicated in this example |
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| (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 twelve (12) times to October 12, 2026 (or such earlier date as determined by the Company’s board of directors). | | |
FOR
☐ |
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AGAINST
☐ |
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ABSTAIN
☐ |
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| (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
☐ |
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AGAINST
☐ |
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ABSTAIN
☐ |
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| (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
☐ |
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AGAINST
☐ |
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ABSTAIN
☐ |
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| | | | Date: , 2025 | | ||||||
| | | | Signature | | ||||||
| | | | Signature (if held jointly) | |