Key facts
- This page summarizes IX Acquisition Sponsor, LLC's Form 4 filing for IX Acquisition Corp. (IXAQF).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 11 May 2023, 16:59.
IX Acquisition Sponsor, LLC - 12 Oct 2021 Form 4 Insider Report for IX Acquisition Corp. (IXAQF)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- IXAQF
- Reported as of
- 12 Oct 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 11 May 2023, 16:59:22 UTC
- Prior SEC filing
- 06 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Noah Aptekar, Officer of IX Acquisition Sponsor Manager, LLC, Manager of IX Acquisition Sponsor, LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
IX Acquisition Sponsor, LLC filed Form 4 for IX Acquisition Corp. (IXAQF) on 11 May 2023.
Change
- Previous filing in this sequence was filed on 06 Oct 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IXAQ
transaction
Class A Ordinary Shares
Conversion of derivative security
- Transaction value
- Shares
- -4,002,121
- Change %
- -50%
- Price
- Shares after
- 4,002,121
- Date
- 09 May 2023
- Ownership
- Direct
- Footnotes
- F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
IXAQ
transaction
Derivative
Class B Ordinary Shares
Other
- Transaction value
- $0
- Shares
- -1,747,879
- Change %
- -30%
- Price
- $0.000000
- Shares after
- 4,002,121
- Date
- 12 Oct 2021
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 1,747,879
- Exercise price
- Footnotes
- F1, F2, F4
IXAQ
transaction
Derivative
Class B Ordinary Shares
Conversion of derivative security
- Transaction value
- $0
- Shares
- -4,002,121
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 09 May 2023
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 4,002,121
- Exercise price
- Footnotes
- F1, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The Class B ordinary shares, par value $0.0001 per share ("Class B Shares"), of IX Acquisition Corp. ("Issuer") are convertible for the Issuer's Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, for no consideration, and have no expiration date.
Footnote F2
On October 12, 2021, in connection with the Issuer's initial public offering, Sponsor transferred an aggregate of 1,747,879 Class B Shares to certain anchor investors who purchased units in the Issuer's initial public offering. Such Class B Shares were transferred at the same per share price initially paid by Sponsor for such shares.
Footnote F3
In accordance with the Issuer's amended and restated memorandum and articles of association, as amended, Sponsor elected to convert its Class B Shares into Class A Shares on a one-for-one basis for no consideration.
Footnote F4
The securities are held directly by Sponsor. Sponsor is controlled by its manager, IX Acquisition Sponsor Manager, LLC ("Sponsor Manager"). Voting and investment decisions with respect to the securities held by Sponsor have been delegated to the three officers of Sponsor Manager, Noah Aptekar, Karen Bach and Edward Tsun-Wei Chen, and decisions of the officers are made by majority consent. Under the so-called "rule of three," because voting and dispositive decisions are made by a majority of the officers of Sponsor Manager, none of the officers of Sponsor Manager is deemed to be a beneficial owner of the securities reported herein.