Home / Going-concern warnings / IX Acquisition Corp.
Filed 2025-04-03 路 Form 10-K 路 Accession 0001410578-25-000639 nano
Price before filing: $11.86 (2025-04-02 close, split/dividend-adjusted)
Market cap at flag: $19.1M (2025-04-03) 路 Latest: $9.1M (2026-10-15)
| Window | IXAQF | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +0.0% | -0.2% | +0.2% | 2025-05-05 |
| 90 days | +0.7% | +10.2% | -9.6% | 2025-07-02 |
| 180 days | +2.9% | +18.7% | -15.8% | 2025-09-30 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"These matters raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2024-12-31)
Why this score: also within 90 days: Auditor change, Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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