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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

 

October 7, 2024

Date of Report (Date of earliest event reported)

 

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)   (I.R.S. Employer
Identification No.)

 

53 Davies Street, W1K 5JH
United Kingdom		   N/A
(Address of Principal Executive Offices)    (Zip Code) 

 

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

 

N/A

(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
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

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 Market LLC
Class A ordinary shares, par value $0.0001 per share   IXAQ   The Nasdaq Stock Market 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 Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On October 7, 2024, IX Acquisition Corp. (the “Company”) received a notice from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that as the Company had not completed an initial business combination within 36 months of the effective date of its registration statement in connection with its initial public offering, it was not in compliance with Nasdaq IM 5101-2 and was therefore subject to delisting. The Company has until October 14, 2024 to request a hearing before the Nasdaq Hearings Panel (the “Panel”). Trading in the Company’s securities will be suspended at the opening of business on October 14, 2024. The Company does not intend to request a hearing.

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

On October 9, 2024, the Company held an extraordinary general meeting of its shareholders (the “Meeting”), at which the shareholders voted on the following proposals, as set forth below, each of which is described in more detail in the definitive proxy statement (the “Proxy Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”) on September 24, 2024, which was first mailed by the Company to its shareholders on or about September 25, 2024.

  

As of September 16, 2024, the record date for the Meeting, there were 6,848,192 Class A ordinary shares and 1,747,879 Class B ordinary shares of the Company entitled to be voted at the Meeting. There were 6,831,335 ordinary shares representing approximately 79.47% of the issued and outstanding ordinary shares present in person or represented by proxy at the Meeting, constituting a quorum for the Meeting.

 

The shareholders approved the Third Extension Amendment Proposal and the Auditor Ratification Proposal.

 

A summary of the voting results at the Meeting is set forth below:

 

1. Proposal One — The Third Extension Amendment Proposal

 

FOR   AGAINST   ABSTAIN
6,655,125   176,210   0

 

2. Proposal Two — The Auditor Ratification Proposal

 

FOR   AGAINST   ABSTAIN
6,664,336   166,999   0

 

Item 8.01. Other Events.

 

In connection with the shareholders’ vote at the Meeting, 1,235,698 shares were tendered for redemption.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.  Description
104  Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

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.

 

Dated: October 11, 2024  

 

IX ACQUISITION CORP.
   
By: /s/ Noah Aptekar  
Name:  Noah Aptekar  
Title: Chief Financial Officer  

 

 

 

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Oct. 07, 2024
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Entity File Number 001-40878
Entity Registrant Name IX Acquisition Corp
Entity Central Index Key 0001852019
Entity Tax Identification Number 98-1586922
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Entity Address, Country GB
Entity Address, Postal Zip Code W1K 5JH
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Document Information [Line Items]  
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Trading Symbol IXAQU
Security Exchange Name NASDAQ
Common Class A [Member]  
Document Information [Line Items]  
Title of 12(b) Security Class A ordinary shares, par value $0.0001 per share
Trading Symbol IXAQ
Security Exchange Name NASDAQ
Redeemable Warrants [Member]  
Document Information [Line Items]  
Title of 12(b) Security Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share
Trading Symbol IXAQW
Security Exchange Name NASDAQ
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