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IXQWF
Upturn stock ratingUpturn stock rating

IX Acquisition Corp. (IXQWF)

Upturn stock ratingUpturn stock rating
$0.08
Last Close (24-hour delay)
upturn advisory
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

08/14/2025: IXQWF (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.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit -61.11%
Avg. Invested days 23
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size ETF
Market Capitalization 0 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 0.00 - 0.09
Updated Date 06/28/2025
52 Weeks Range 0.00 - 0.09
Updated Date 06/28/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -3.91%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 1610376
Shares Outstanding -
Shares Floating 1610376
Percent Insiders -
Percent Institutions -

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 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It was founded in 2020.

business area logo Core Business Areas

leadership logo Leadership and Structure

IX Acquisition Corp. was led by its management team and board of directors. As a SPAC, its structure was designed to facilitate a business combination.

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. SPACs provide an alternative route for companies to go public, bypassing the traditional IPO process.

Positioning

IX Acquisition Corp. sought to identify and merge with a target company. Its success depended on finding a suitable target and completing the transaction.

Total Addressable Market (TAM)

The TAM for SPACs is difficult to quantify precisely, as it depends on the universe of private companies seeking to go public. IX Acquisition Corp. was positioned to capture a portion of this market through a successful merger.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Publicly traded platform for acquisitions
  • Potential for high returns if merger is successful

Weaknesses

  • No operating business prior to merger
  • Dependence on identifying a suitable target
  • Risk of not completing a merger within a specified timeframe

Opportunities

  • Growing interest in SPACs as an alternative to IPOs
  • Potential to acquire a high-growth company
  • Favorable market conditions for mergers and acquisitions

Threats

  • Increased regulatory scrutiny of SPACs
  • Competition from other SPACs
  • Unfavorable market conditions for mergers and acquisitions
  • Failure to find a suitable target

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

The competitive landscape involved other SPACs seeking to acquire attractive target companies. IX Acquisition Corp. competed on the basis of its management team, financial resources, and ability to close a transaction.

Growth Trajectory and Initiatives

Historical Growth: As a SPAC, historical growth is not applicable. The focus is on identifying a target company with growth potential.

Future Projections: Future projections depended on the target company's growth prospects after a merger.

Recent Initiatives: Recent initiatives involved the search for and evaluation of potential target companies.

Summary

IX Acquisition Corp. was a SPAC seeking a merger target. Its success depended on the management team's ability to identify and acquire a suitable company. The regulatory environment and market conditions for SPACs presented both opportunities and challenges for IX Acquisition Corp. As a SPAC, it did not have the typical challenges or growth of a company that is operating the business.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • SPAC Data Websites
  • Financial News Outlets

Disclaimers:

This analysis is based on publicly available information and is not financial advice. The information provided is for informational purposes only and should not be considered a recommendation to buy or sell securities.

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 technology, media and telecommunications, and information and communication technology industries, as well as companies operating in telecommunications infrastructure, internet and technology, and digital services sectors in Europe and other markets. The company was incorporated in 2021 and is based in London, United Kingdom. IX Acquisition Corp. is a subsidiary of IX Acquisition Sponsor LLC.