IB Acquisition Corp. filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission on November 4, 2026, covering the fiscal year ended September 30, 2025.

Key Highlights

  • Shell company status: The registrant indicated it is a shell company as defined in Rule 12b-2 of the Exchange Act.
  • Shares outstanding: As of December 29, 2025, 5,739,970 shares of common stock, par value $0.0001, were issued and outstanding.
  • Non-affiliate market value: The aggregate market value of voting and non-voting common stock held by non-affiliates was $14,835,000, computed by reference to the closing price on March 31, 2025.
  • Combination period deadline: According to the filing, the combination period ends on March 28, 2026, unless the company amends its charter to extend the period for consummating a business combination.
  • Emerging growth company: The registrant is classified as an emerging growth company and a smaller reporting company.
  • No documents incorporated by reference: The filing states "Documents Incorporated by Reference: None."

IB Acquisition Corp. Discloses Business Combination Deadline and Trust Account Terms in 10-K

IB Acquisition Corp. (NASDAQ:IBAC), a blank check company incorporated in Nevada and headquartered at 1200 N Federal Highway, Suite 215, Boca Raton, FL 33432, filed its Annual Report on Form 10-K for the fiscal year ended September 30, 2025. The filing was submitted with Commission File Number 001-41988. The company's common stock and rights are both listed on The NASDAQ Stock Market LLC under the trading symbols IBAC and IBACR, respectively, with each right convertible into one-twentieth of one share of common stock.

According to the filing, the company defines the "combination period" as the time following completion of its initial public offering during which it must complete an initial business combination. If no business combination is completed by March 28, 2026, the company disclosed it "will redeem 100% of the public shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest, divided by the number of then outstanding public shares, subject to applicable law and certain conditions." The company noted the combination period may be extended if it amends its charter.

The filing identifies I-Bankers Securities, Inc. as "I-Bankers" and describes founder shares as shares of common stock purchased by the sponsor in a private placement prior to the initial public offering. Private placement rights were issued as part of units in a private placement to the sponsor simultaneously with the closing of the initial public offering. The company confirmed it is a non-accelerated filer, a smaller reporting company, and an emerging growth company, and has not filed an attestation on internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act.

What Was Disclosed

IB Acquisition Corp. filed its fiscal year 2025 annual report disclosing its shell company status, 5,739,970 shares outstanding as of December 29, 2025, a non-affiliate market value of $14,835,000, and a business combination deadline of March 28, 2026.