IX Acquisition Corp. Announces Tenth Extension of Deadline to Complete Initial Business Combination
January 19 2024 - 4:05PM
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 January 12, 2024 for an
additional month, to February 12, 2024. This is the tenth of
eighteen potential one-month extensions of the Deadline Date
available to the Company pursuant to its Amended and Restated
Memorandum and Articles of Association. IX Acquisition Sponsor LLC
(the “Sponsor”) will deposit $50,000 into the Company’s trust
account in connection with this extension within seven days of
January 12, 2024.
Furthermore, the board of directors announced
their intention to continue to extend the Deadline Date on a
monthly basis, but will not be issuing a press release every month.
Therefore, investors can expect that the Sponsor will continue to
deposit $50,000 into the Company’s trust account in connection with
each Extension within seven days of the 12th day of each month. In
the event that the board of directors elects not to extend, the
Company will issue a press release announcing this change in
policy.
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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