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Ix Acquisition Corp   (IXAQU)
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    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 
Price: $11.4100 $-0.08 -0.696%
Day's High: $11.41 Week Perf: 0.44 %
Day's Low: $ 11.41 30 Day Perf: 9.19 %
Volume (M): 0 52 Wk High: $ 12.89
Volume (M$): $ 1 52 Wk Avg: $11.47
Open: $11.41 52 Wk Low: $10.35



 Market Capitalization (Millions $) 96
 Shares Outstanding (Millions) 8
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Ix Acquisition Corp
Ix Acquisition Corp is a blank check company that is focused on acquiring and merging with one or more businesses in the technology, media, and telecommunications sectors. The company was formed with the purpose of conducting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination. Ix Acquisition Corp aims to provide growth opportunities and value creation for its shareholders through its strategic acquisitions.


   Company Address: 53 Davies Street London 0
   Company Phone Number: 983-0450   Stock Exchange / Ticker: IXAQU


   

Stock Performances by Major Competitors

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Ix Acquisition Corp

Rising Working Expenditures at IX Acquisition Corp in Q1 2024

Investors are closely monitoring the recent merger agreement between AERKOMM Inc and IX Acquisition Corp (IXAQ), as well as the $35 million private placement that accompanies it. The strategic alliance between the leading satellite technology company and the special purpose acquisition company (SPAC) is expected to have a significant impact on both entities.
AERKOMM's expertise in innovative satellite technology for multi-orbit broadband connectivity is a promising development that could revolutionize the connectivity landscape, particularly in remote locations. The merger agreement with IXAQ provides a platform for substantial growth and market expansion for both companies.

Stock Offering

AERKOMM and IX Acquisition Corp Announce Merger Agreement and $35 Million Private Placement, Boosting Shareholder Confidence

Published Fri, Mar 29 2024 3:08 PM UTC



On March 29, 2024, AERKOMM Inc, a leading satellite technology company, and Nasdaq-listed IX Acquisition Corp (IXAQ), a special purpose acquisition company (SPAC), publicly revealed their merger agreement. This strategic alliance includes a substantial $35 million private placement and aims to propel AERKOMM s multi-orbit broadband connectivity solutions further. T...

Ix Acquisition Corp

2. A Closer Look at IXAQU's Financial Performance in the October to December 31, 2023 Time-Frame



Ix Acquisition Corp (IXAQU) recently released its financial results for the most recent fiscal period, revealing a zero gain at $0.00 per share. This indicates a significant decline compared to the previous year's figures which stood at $0.08 per share for the same quarter. In the immediate prior quarter, IXAQU also recorded zero earnings per share, with net profits falling by -78.68% to $0.413 million from $1.939 million in the corresponding period a year ago.
Analyzing the company's financial reports for the 2023 fiscal year, IXAQU announced revenue of $0.00 million and a bottom-line of $4.02 million. Furthermore, profits per share declined by -18.75% to $0.26 from $0.32 in the prior fiscal year, compared to a 0% change in net profits from $0.00 million the previous year.

Ix Acquisition Corp

Ix Acquisition Corp Demonstrates Resilience with Break-even Results in Challenging Financial Period



Ix Acquisition Corp, a prominent player in the investment market, recently announced its financial results for the period ending on September 30, 2023. Despite a challenging economic environment, the company managed to achieve a break-even position, showcasing its resilience and stability. The results indicate a significant improvement compared to the same period last year.
During the financial period closing September 30, 2023, the company recorded a break-even of $0.00 per share, showing no decline from the previous year's figure and a significant improvement from the previous quarter's $0.28 per share. This development is a positive sign that Ix Acquisition Corp has been able to streamline its operations and reduce expenses effectively.

Ix Acquisition Corp

IX Acquisition Corp's Second Quarter Financial Report Delivers Mixed Results, Operating Deficit of $-0.225714 Million Raises Concerns for Investors


As the earnings season continues for the April to June 30, 2023 period, several entities, including multiple businesses in the Blank Checks sector, have released their financial reports. Among them is IX Acquisition Corp (IXAQU), which disclosed an operating deficit of $-0.225714 million for the second quarter of 2023. This article will delve into the company's recent performance and its potential implications for investors.
Operating Deficit Exceeds Previous Year's Figures: In comparison to the same period last year, IX Acquisition Corp's recent performance on the operating level has been lackluster. Despite being in the progress stage, the company's financial report highlights a noteworthy observation - a significant increase in the operating deficit. This development contrasts unfavorably with expectations and may dampen investors' confidence.










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