Quarterly and six-month results improve on warrant-liability gains
IX Acquisition swings to Q2 profit of USD 920,000 from a year-earlier loss of USD 516,000.
Net income for the six months rises to USD 2.9 million from a year-earlier loss of USD 274,000.
Results were driven by a USD 560,000 Q2 gain and a USD 2.4 million first-half gain from warrant-liability fair-value changes.
Cash held in the Trust Account totaled about USD 9.1 million at June 30, 2026, with USD 104,000 held outside the Trust.
Work continues toward a planned business combination with AERKOMM, supported by a USD 35 million PIPE commitment and USD 13 million of SAFE Agreements.
