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IX Acquisition Corp. Warrant (IXAQW)IXAQW

Upturn stock ratingUpturn stock rating
IX Acquisition Corp. Warrant
$0.07
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

10/14/2024: IXAQW (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -100%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 24
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 10/14/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -100%
Avg. Invested days: 24
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/14/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 10058
Beta -0.03
52 Weeks Range 0.02 - 0.10
Updated Date 11/8/2024
Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 10058
Beta -0.03
52 Weeks Range 0.02 - 0.10
Updated Date 11/8/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
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 -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 2846073
Percent Insiders -
Percent Institutions -
Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 2846073
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

IX Acquisition Corp. Warrant: A Comprehensive Overview

Company Profile

History and Background:

IX Acquisition Corp. (IXAC) is a blank check company formed in June 2021. As a special purpose acquisition company (SPAC), IXAC's primary purpose is to merge with an existing private company, taking it public through the reverse merger process. IXAC is led by Chairman and CEO Jeffrey Soffer, a prominent Miami-based real estate developer.

Core Business:

IXAC is not actively engaged in any specific business operations. Its primary function is to identify and acquire a target company within a specified time frame, typically two years. The company's focus is on North American companies with strong growth potential in various sectors, including technology, consumer, healthcare, and industrials.

Leadership Team:

  • Chairman and CEO: Jeffrey Soffer
  • President: Scott Sandelin
  • CFO: Jonathan M. Kramer
  • COO: Michael J. Fascitelli

Corporate Structure:

IXAC operates as a Delaware corporation with its headquarters in Miami, Florida. The company has a board of directors consisting of experienced professionals from various industries.

Top Products and Market Share:

As a SPAC, IXAC does not currently have any products or services of its own. Its market share is not applicable at this stage.

Total Addressable Market:

IXAC's total addressable market (TAM) is dependent on the specific target company it chooses to acquire. Until a definitive merger agreement is announced, it is impossible to accurately quantify the company's potential market size.

Financial Performance:

IXAC's financial performance is limited as it has not yet generated any operating revenue. Its financials primarily reflect expenses associated with administrative and legal activities.

Dividends and Shareholder Returns:

IXAC does not currently pay dividends to shareholders as it is a pre-revenue company. Shareholder returns, in the form of appreciation, are contingent upon the future performance of the target company that IXAC eventually merges with.

Growth Trajectory:

IXAC's growth trajectory is entirely dependent on the success of the potential acquisition. Until a specific target is identified and the merger process is completed, it is not possible to accurately assess the company's future growth potential.

Market Dynamics:

The SPAC industry has experienced significant growth in recent years. However, market dynamics are constantly evolving, influenced by factors such as market sentiment, regulatory changes, and competition.

Competitors:

IXAC competes with numerous other SPACs vying for acquisition opportunities. Key competitors include:

  • GGPI: Gores Guggenheim, Inc. (GGPI)
  • PSTH: Pershing Square Tontine Holdings, Ltd. (PSTH)
  • LCA: Landcadia Holdings I, Inc. (LCA)

Market share percentages and detailed comparisons are not applicable at this stage.

Potential Challenges and Opportunities:

Challenges:

  • Identifying and acquiring a suitable target company
  • Successfully integrating the acquired company
  • Navigating the evolving regulatory landscape for SPACs

Opportunities:

  • Accessing high-growth target companies with strong long-term potential
  • Leveraging public market capital to fund acquisitions and growth initiatives

Recent Acquisitions:

IXAC has not completed any acquisitions to date.

AI-Based Fundamental Rating:

Due to the lack of financial and operational data, generating an AI-based fundamental rating for IXAC is currently not feasible.

Sources and Disclaimers:

Information for this analysis has been gathered from the IX Acquisition Corp. website and publicly available financial filings. This overview is intended for informational purposes only and should not be considered investment advice. It is crucial to conduct thorough due diligence and consult with financial professionals 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. Warrant

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

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