AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

AERKOMM Inc., an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp, a SPAC focused on the technology, media and telecommunications industries, have entered into a definitive Business Combination Agreement, and raised US $35 million in a private placement, creating a combined business called AKOM Inc. In addition to its Nasdaq listing, AKOM intends to maintain a secondary listing on Euronext.

ZelusTech Law & Strategic Advisory Managing Partner Edward “Ted” Johnson advised AERKOMM Inc. on the corporate aspects of the deal, while Rimon partner David Case advised on all intellectual property matters.

Read the press release here

Congratulations to AERKOMM Inc!

David E. Case is an experienced intellectual property and venture capital attorney admitted in the States of CA, NY, WA and OR.  David represents U.S., Japanese and multinational private and public companies in a wide variety of cross border intellectual property and venture capital transactions, joint ventures, revenue share arrangements, and M&A transactions.  He works closely with clients to understand, appreciate and anticipate their business and legal needs to provide practical and efficient solutions. Read more here.