<span item_type="fundamental" item_id="5dcfda9cb7fc2f40a8958999e8899ec7" counter_id="ST/US/IXQWF" env="prod"></span><span item_type="announcement" item_id="534069083849429761" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.03.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Operating and Formation Expenses</strong>: $281,488 for the three months ended March 31, 2025, compared to $880,791 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income (Loss)</strong>: Net income of $242,125 for the three months ended March 31, 2025, compared to a net loss of $721,742 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li><li><strong>Change in Fair Value of Derivative Warrant Liabilities</strong>: Gain of $373,000 for the three months ended March 31, 2025, compared to a loss of $186,500 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: - $240,778 for the three months ended March 31, 2025, compared to - $308,403 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li><li><strong>Net Cash Used in Investing Activities</strong>: - $144,933 for the three months ended March 31, 2025, compared to - $150,000 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: $385,934 for the three months ended March 31, 2025, compared to $441,000 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Income from Cash Held in the Trust Account</strong>: $150,613 for the three months ended March 31, 2025, compared to $345,617 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to consummate its initial Business Combination by October 12, 2025, if all extensions are exercised. Management is addressing liquidity concerns through the planned Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Merger Agreement with AERKOMM Inc., with amendments to address working capital and extension expenses, and plans to secure PIPE investments and SAFE agreements to support the merger.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1852019/000141057825001434/ixaqu-20250331x10q.htm"></span></li></ul>

IX ACQUISITION CORP C/WTS 31/07/2028 (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD 0.03