IB Acquisition Corp.(IBAC)

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IB Acquisition Corp.(IBAC) - 2025 Q2 - Quarterly Report
2025-05-15 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission file number: 001-41988 IB ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (State or other jurisdiction of incorporation or organiza ...
IB Acquisition Corp.(IBAC) - 2025 Q1 - Quarterly Report
2025-02-13 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41988 IB ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organ ...
IB Acquisition Corp.(IBAC) - 2024 Q4 - Annual Report
2024-12-26 11:17
Financial Performance - For the year ended September 30, 2023, the company reported a net loss of $6,844, which consists of operating costs[670]. - The company has not generated any revenues to date and does not expect to do so until after the completion of its business combination[669]. Cash and Assets - As of September 30, 2024, the company held cash in the Trust Account amounting to $118,601,873, which is intended for completing the initial Business Combination[672]. - The company has no off-balance sheet arrangements as of September 30, 2024, and does not engage in transactions with unconsolidated entities[674]. Expenses and Costs - The company incurs expenses related to being a public entity, including legal, financial reporting, accounting, and auditing compliance costs[669]. - The company appointed a new Chief Financial Officer on January 22, 2024, with a monthly compensation of $5,000 starting from the Initial Public Offering closing[675]. Regulatory and Compliance - The company is classified as an "emerging growth company" and is utilizing certain exemptions from various reporting requirements[684]. - The company may face additional regulatory burdens if deemed an "investment company," which could impact its ability to complete a business combination[679]. - There were no changes in internal control over financial reporting during the fiscal year ended September 30, 2024, that materially affected the company's reporting[51]. Market Conditions - A significant downturn in economic activity, particularly in the real estate market, may lead potential targets to reduce capital and operating expenditures[681].
IB Acquisition Corp.(IBAC) - 2024 Q3 - Quarterly Report
2024-08-14 20:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 NEVADA 85-2946784 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Title of each class Trading Symbol (s) Name of each exchange on which registered Shares of common stock, par value $0.0001 per share IBAC The NASDAQ Stock Market LLC Rights, each entitling the holder to receive one-twentieth of one share of common stock IBACR The NASDAQ Stock Market LLC FORM 10-Q (MARK ONE) ☒ QUARTERLY R ...
IB Acquisition Corp.(IBAC) - 2024 Q2 - Quarterly Report
2024-05-15 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol (s) Name of each exchange on which registered Units, each consisting of one share of common stock, $0.0001 par value, and one right IBACU The NASDAQ Stock Market LLC Shares of common stock, par value $0.0001 per share IBAC The NASDAQ Stock Market LLC Rights, each entitling the holder to receive one-twentieth of one share of common stock IBACR The NASDAQ Stock Market LLC Large accelerated filer ☐ Accele ...