IX Acquisition Corp., a blank check company headquartered in London, United Kingdom, operates on the OTC Bulletin Board with its financial transactions denominated in USD. As of December 21, 2025, the company’s closing share price stood at $12.06, reflecting a relatively stable trading range over the past year, with a 52-week high of $12.20 on November 13, 2025, and a low of $11.55 on January 13, 2025. The company’s market capitalization is currently valued at $88,766,112 USD.
The primary objective of IX Acquisition Corp. is to acquire one or more businesses and assets through various mechanisms, including mergers, capital stock exchanges, asset acquisitions, stock purchases, and reorganizations. However, the company has not issued any recent updates regarding its acquisition activities. The most recent public statement, dated February 14, 2025, highlighted a reduction in the stake held by Meteora Capital, LLC.
Financially, IX Acquisition Corp. presents a challenging picture. The company’s price-to-earnings (P/E) ratio is notably negative at -72.92, and its price-to-book (P/B) ratio stands at -6.50. These metrics indicate substantial losses relative to both earnings and book value, suggesting that the company is heavily leveraged. The negative valuation ratios reflect ongoing financial distress, with the company’s equity significantly below its book value.
The financial indicators underscore the precarious position of IX Acquisition Corp., as it continues to navigate its strategic objectives amidst financial challenges. The lack of recent updates on acquisition activities further emphasizes the need for potential investors to exercise caution and closely monitor the company’s future developments.
