IX Acquisition says SAFE private placement totals USD 13 million, converts at USD 11.5 per share on merger close - IXAQF News | RalliesIX Acquisition says SAFE private placement totals USD 13 million, converts at USD 11.5 per share on merger close
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IXAQF• SAFE private placement totals $13 million
- IX Acquisition entered new SAFE Agreements on July 20, 2026 and Aug. 6, 2026 tied to a private placement in common stock.
- Total SAFE Agreements reached USD 13 million, up from USD 9 million previously raised under earlier SAFEs.
- SAFEs convert at the merger closing at USD 11.5 per Parent common share, implying issuance of 1,130,435 shares.
- Conversion also provides 1,062,609 escrowed shares tied to milestone events under incentive merger consideration.
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