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IX Acquisition Corp. secures $2.59M in SAFEs ahead of merger with AERKOMM Inc.

PUBLIC · IXAQFAug 12, 2024

Acquiring Company

IX Acquisition

Acquired Company

AERKOMM

United StatesSilicon ValleyHardwareInformation TechnologyHardwareSatellite Communication

Description

IX Acquisition Corp., a special purpose acquisition company, has secured $2.59 million through simple agreements for future equity (SAFEs) as it prepares for a merger with AERKOMM Inc. This funding is part of a larger plan outlined in a merger agreement and is a significant step in the company's growth strategy.

Quick answer

IX Acquisition is acquiring AERKOMM for $2.6 million, announced August 12, 2024. IX Acquisition is based in United States.

How much did IX Acquisition pay for AERKOMM?
The reported deal value is $2.6 million.
What does IX Acquisition do?
IX Acquisition Corp. is focused on identifying and completing business combinations.
Where are IX Acquisition and AERKOMM based?
IX Acquisition is based in United States. AERKOMM is based in Silicon Valley, California, United States.
Who are the decision-makers at IX Acquisition?
Fundz holds 1 contact at IX Acquisition. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

IX Acquisition

Location

United States

About

IX Acquisition Corp. is focused on identifying and completing business combinations. The company is involved in strategic initiatives to achieve its business objectives. It is managing its investments to comply with legal regulations. The firm is actively pursuing a merger agreement.

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Frequently asked

Who acquired AERKOMM?

AERKOMM was acquired by IX Acquisition, based in United States. The deal was reported on August 12, 2024. IX Acquisition Corp. is focused on identifying and completing business combinations. The company is involved in strategic initiatives to achieve its business objectives. IX Acquisition is publicly traded (IXAQF) and operates in Hardware.

When did IX Acquisition acquire AERKOMM?

IX Acquisition's acquisition of AERKOMM was reported on August 12, 2024. IX Acquisition Corp., a special purpose acquisition company, has secured $2.59 million through simple agreements for future equity (SAFEs) as it prepares for a merger with AERKOMM Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AERKOMM do?

AERKOMM Inc is a technology company specializing in innovative satellite technology, providing multi-orbit broadband connectivity solutions. It is publicly traded (AKOM), operating in Information Technology, and is based in Silicon Valley.

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