Company: IBACR
Filing Date: 2025-08-29
Form Type: PRE 14A
Source: 0001641172-25-025976
Chunk: 31

Company: IB Acquisition Corp.
Filing Date: 2025-08-29
Form: PRE 14A
Chunk 31
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 by the Corporation monthly for up to [____] additional months (ultimately until as late as [_______] 28, 2026) in the sole discretion of the Corporation by the Corporation causing $[____] for each Offering Share remaining outstanding, to be contributed into the Trust Account for each of the [three] subsequent calendar months commencing on September 28, 2025, needed by the Corporation to complete an initial business combination (the “ Deadline Date”)) and (iii) the redemption of shares in connection with a vote seeking amend such provisions of this Amended and Restated Certificate as described in Section 9.7. Holders of shares of Common Stock included as part of the units sold in the Offering (the “ Offering Shares”) (whether such Offering Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are I-B Good Works 4, LLC (the “ Sponsor”), or officers or directors of the Corporation, or affiliates of any of the foregoing) are referred to herein as “ Public Stockholders.”

| Annex A-1 |

| 5. | The                                                                                             
 text of Section 9.2(d) of Article IX is hereby amended and restated to read in full as follows: |

(d) In the event that the Corporation has not consummated an initial Business Combination by September 28, 2025 (which may be extended by the Corporation monthly for up to [____] additional months (ultimately until as late as [_______] 28, 2026) in the sole discretion of the Corporation by the Corporation causing $[____] for each Offering Share remaining outstanding, to be contributed into the Trust Account for each of the [____] subsequent calendar months commencing on September 28, 2025, needed by the Corporation to complete an initial business combination) the Corporation shall (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter subject to lawfully available funds therefor, redeem 100% of the Offering Shares in consideration of a per-share price, payable in cash, equal to the quotient obtained by dividing (A) the aggregate amount then on deposit in the Trust Account, including interest not previously released to the Corporation to pay its franchise and income taxes (less up to $100,000 of interest to pay dissolution expenses), by (B) the total number of then outstanding Offering Shares, which redemption will completely extinguish rights