UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K/A
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.
Explanatory Note
IX Acquisition Corp. (the “Company”) is filing this Form 8-K/A to its Current Report on Form 8-K, as originally filed with the Securities and Exchange Commission on October 11, 2024 (the “Original Filing”), to include, both, the last sentences under “Item 3.01 - Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing” and “Item 8.01 – Other Events.” No other changes have been made from the Original Filing.
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 has decided to request a hearing before the Panel.
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. The Company has submitted its initial listing application for the combined company on the Nasdaq Global Market.
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 15, 2024
| IX ACQUISITION CORP. |
| | |
| By: | /s/ Noah Aptekar | |
| Name: | Noah Aptekar | |
| Title: | Chief Financial Officer | |
