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IXAQ
Upturn stock ratingUpturn stock rating

IX Acquisition Corp (IXAQ)

Upturn stock ratingUpturn stock rating
$12.01
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

08/11/2025: IXAQ (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 6.56%
Avg. Invested days 112
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/11/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 99.46M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -0.03
52 Weeks Range 11.16 - 12.10
Updated Date 06/29/2025
52 Weeks Range 11.16 - 12.10
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.02

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -3.28%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 92121678
Price to Sales(TTM) -
Enterprise Value 92121678
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -94.94
Shares Outstanding 6848190
Shares Floating 2846073
Shares Outstanding 6848190
Shares Floating 2846073
Percent Insiders 58.44
Percent Institutions 39.27

ai summary icon Upturn AI SWOT

IX Acquisition Corp

stock logo

Company Overview

overview logo History and Background

IX Acquisition Corp was a blank check company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It appears to have completed its business combination and is now trading under a different name/ticker, if it still exists as a public entity.

business area logo Core Business Areas

leadership logo Leadership and Structure

As a SPAC, IX Acquisition Corp had a management team focused on deal sourcing and execution. The leadership would have consisted of a CEO, CFO, and board of directors with experience in finance and mergers & acquisitions. The organizational structure was designed to be lean and efficient, focusing on the core function of identifying and acquiring a target company.

Top Products and Market Share

overview logo Key Offerings

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced significant growth and volatility in recent years. It is a highly competitive field, with many SPACs seeking attractive targets. Regulatory scrutiny and investor sentiment can significantly impact the industry's activity.

Positioning

IX Acquisition Corp would have been positioned as a competitor within the SPAC market, seeking to differentiate itself through the expertise of its management team and its deal-sourcing network.

Total Addressable Market (TAM)

The TAM for SPACs is difficult to quantify precisely, as it depends on the number of private companies seeking to go public via this route. SPACs generally target industries with high growth potential or disruptive business models. The total value could easily be billions of USD.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Strong deal-sourcing network
  • Access to capital
  • Agility in deal execution

Weaknesses

  • No existing operations
  • Dependence on finding a suitable target
  • Dilution of shareholder value through SPAC structure
  • High competition from other SPACs

Opportunities

  • Identify a high-growth target company
  • Negotiate favorable deal terms
  • Improve operational efficiency of the target company
  • Capitalize on market trends

Threats

  • Failure to find a suitable target
  • Unfavorable market conditions
  • Regulatory changes
  • Increased competition
  • Redemptions by shareholders prior to the merger

Competitors and Market Share

competitor logo Key Competitors

  • Other SPACs (no ticker; concept of direct competition)
  • Goldman Sachs (GS)
  • JP Morgan Chase (JPM)

Competitive Landscape

The competitive landscape is based around other SPACs and the investment banks providing guidance/underwriting. There is no market share to share for the entity prior to finding a target company.

Growth Trajectory and Initiatives

Historical Growth: IX Acquisition Corp's growth trajectory would depend entirely on the performance of the acquired company.

Future Projections: Future projections would be based on analyst estimates for the acquired company's industry and its ability to execute its business plan.

Recent Initiatives: Recent initiatives would include any efforts to improve the acquired company's operations, expand its product offerings, or enter new markets.

Summary

IX Acquisition Corp was a SPAC, so its strength and weakness hinged on its ability to find and acquire a suitable target company. Its success depended on the management team's expertise, deal-sourcing abilities, and the attractiveness of the target to investors. If the acquisition was successful, the company would need to focus on integrating the acquired business and driving growth. Without a successful acquistion the entity would be dissolved.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings (if any filed)
  • Company Website (if any available)
  • Financial News Outlets
  • Market Research Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered as financial advice. The analysis is based on publicly available information and assumptions, and it is subject to change without notice. Investors should conduct their own due diligence before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About IX Acquisition Corp

Exchange NASDAQ
Headquaters -
IPO Launch date 2021-11-30
CEO, CFO, COO & Director Mr. Noah Aptekar
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

IX Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on companies in the technology, media and telecommunications, and information and communication technology industries. The company was incorporated in 2021 and is based in London, United Kingdom.