Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 0.0K |
Gross Profit | 0.0K |
Operating Expense | 880.8K |
Operating I/L | -880.8K |
Other Income/Expense | 159.0K |
Interest Income | 0.0K |
Pretax | -721.7K |
Income Tax Expense | -880.8K |
Net Income/Loss | -721.7K |
IX Acquisition Corp. is a blank check company that was established in 2021. As a blank check company, its primary business model involves raising capital through an initial public offering (IPO) with the purpose of acquiring or merging with an existing company. Once the capital is raised, IX Acquisition Corp. seeks out potential target companies to acquire, providing them with a pathway to go public without the traditional IPO process. Through these acquisitions, the company aims to generate returns for its shareholders by identifying and investing in promising businesses across various industries.