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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 11, 2023

 

IX ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-40878   98-1586922
(State or other jurisdiction
of incorporation)		   (Commission
File Number)		   (IRS Employer
Identification No.)

 

53 Davies Street, London, W1K 5JH

United Kingdom

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code +44 (0) (203) 908-0450

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
Units, each consisting of Class A ordinary share, par value $0.0001 per share, and one-half of one redeemable warrant   IXAQU   The Nasdaq Stock Exchange LLC
Class A ordinary shares, par value $0.0001 per share   IXAQ   The Nasdaq Stock Exchange LLC
Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share   IXAQW   The Nasdaq Stock Exchange LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 8.01. Other Events

 

On July 11, 2023, IX Acquisition Corp. (the “Company”) issued a press release announcing that its board of directors (the “Board”) has elected to extend the date by which the Company has to consummate a business combination (the “Deadline Date”) from July 12, 2023 for an additional month to August 12, 2023. The Company’s Amended and Restated Memorandum and Articles of Association (the “Articles”) provides the Company the right to extend the Deadline Date twelve times for an additional one month each time (each, an “Extension”), from April 12, 2023, the initial Deadline Date, to up to April 12, 2024. In connection with the fourth Extension, the Board delivered IX Acquisition Sponsor LLC (the “Sponsor”) a written request to draw down $160,000 under its previously-disclosed promissory note for the fourth Extension. On or before July 12, 2023, the Sponsor will deposit $160,000 into the Company’s trust account in connection with the fourth Extension.

 

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit
Number		   Description
99.1   Press Release, dated July 11, 2023.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  IX ACQUISITION CORP.
     
  By: /s/ Noah Aptekar
    Name:  Noah Aptekar
    Title: Chief Financial Officer and Chief Operating Officer
       
Dated: July 12, 2023    

 

 

 

 

 

 

 

Exhibit 99.1

 

IX Acquisition Corp. Announces

Fourth Extension of Deadline to Complete Initial Business Combination

 

New York, NY, July 11, 2023 -- IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from July 12, 2023 for an additional month, to August 12, 2023. This is the fourth of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. The Company further announced that on or before July 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into the Company’s trust account in connection with this extension.

 

About IX Acquisition Corp.

 

IX Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. For more information, please visit https://www.ixacq.com.

 

Contacts

 

For investor and media inquiries:

contact@ixacq.com

 

 

 

 

 

 

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