IX Acquisition Corp. (IXQWF) Warrant
Each IXQWF warrant gives the holder the right to buy 1 share of IX Acquisition Corp. at $11.50 per share, for five years after the company completes its merger. IX Acquisition Corp. is a SPAC (deal signed with AERKOMM Inc.). It must complete a deal by October 12, 2026 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 178.3% to the 6.45M shares outstanding.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- —
From the issuer's 424B4 (2021-10-08).
Company and stock
- Company
- IX Acquisition Corp.
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 6.45M
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether IXQWF is cheap or rich against our model.
Dilution
- Shares outstanding
- 6.45M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 178.3%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- deal signed
- Target
- AERKOMM Inc.
- Deal announced
- 2024-03-29
- Deadline
- 2026-10-12
- Latest possible deadline
- —
- Trust per share
- $10.20
- Sponsor
- IX Acquisition Sponsor LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about IXQWF
When does the IXQWF warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of IXQWF?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many IXQWF warrants are outstanding?
11.50M listed warrants, equal to 178.3% dilution if all are exercised.