IX Acquisition Corp.
IXAQFOTCCommunication Services · Communications Services, NEC · E9 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Operating income | −$204,955 | −$2.7M | −$1.0M | −$1.4M | −$615,847 |
| Net income | −$842,099 | −$2.3M | $4.0M | $9.3M | $9.3M |
| Total assets | $9.2M | $19.0M | $31.5M | $234.7M | $232.3M |
| Total liabilities | $15.9M | $13.6M | $9.6M | $13.5M | $20.4M |
| Equity | −$15.5M | −$13.6M | −$9.5M | −$13.2M | −$19.3M |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | — | — | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- 5.4%
- Return on assets
- −9.2%
- Return on capital (ROCE)
- −9.7%
- Liabilities / assets
- 173.4%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -11.46distress
- Accruals / assets
- −15.7%clean
- Piotroski F-Score
- 4/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 1 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 15, 2026
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Polar Asset Management Partners Inc.Passive (13G)Feb 17, 2026
- Meteora Capital, LlcPassive (13G)May 15, 2025
- Ix Acquisition Sponsor, LlcPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ix Acquisition Sponsor, Llc10% owner | May 9, 2023 | Conversion | 4.0M | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 169 | 1000.0 | 0.0% |
| Apr 30, 2026 | 169 | 1000.0 | 0.0% |
| Apr 15, 2026 | 169 | 1000.0 | 0.0% |
| Mar 31, 2026 | 169 | 11.3 | -5.6% |
| Mar 13, 2026 | 179 | 1000.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Other material eventJan 9, 2026
- Entered a material agreementNov 7, 2025
- Shareholder vote · Other material eventNov 7, 2025
- Shareholder voteOct 8, 2025
- Entered a material agreementJul 23, 2025
- Changed auditorApr 25, 2025
- Entered a material agreementApr 18, 2025
- Entered a material agreementFeb 21, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- NT 10-QMay 15, 2026
- 10-KApr 9, 2026
- NT 10-KApr 1, 2026
- SCHEDULE 13G/AFeb 17, 2026
- 8-KFORM 8-KJan 9, 2026
- SEC STAFF ACTIONJan 6, 2026
- 10-QDec 23, 2025
- 10-QDec 23, 2025
- NT 10-QNov 14, 2025
- 8-KFORM 8-KNov 7, 2025
- 8-KFORM 8-KNov 7, 2025
- DEFA14AOct 10, 2025
- 8-KFORM 8-KOct 8, 2025
- DEFA14ASep 24, 2025
- DEF 14ASep 23, 2025
Event-driven situations (1)
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