Company: IBACR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023510
Chunk: 99

Company: IB Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 1
Chunk 99
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Item
1A. Risk Factors

As
a smaller reporting company under Rule 12b-2 of the Exchange Act, we are not required to include risk factors in this Report. For additional
risks relating to our operations, other than as set forth below, see the section titled “Risk Factors” contained in our Annual
Report on Form 10-K filed with the SEC on December 26, 2024. Any of these factors could result in a significant or material adverse effect
on our results of operations or financial condition. Additional risks could arise that may also affect our business or ability to consummate
an initial Business Combination. We may disclose changes to such risk factors or disclose additional risk factors from time to time in
our future filings with the SEC.

Changes
in international trade policies, tariffs and treaties affecting imports and exports may have a material adverse effect on our search
for an initial Business Combination target or the performance or business prospects of a post-Business Combination company.

There
have recently been significant changes to international trade policies and tariffs affecting imports and exports. Any significant increases
in tariffs on goods or materials or other changes in trade policy could negatively affect our search for a target and/or our ability
to complete our initial Business Combination.

Recently,
the U.S. has implemented a range of new tariffs and increases to existing tariffs. In response to the tariffs announced by the U.S.,
other countries have imposed, are considering imposing, and may in the future impose new or increased tariffs on certain exports from
the United States. There is currently significant uncertainty about the future relationship between the United States and other countries
with respect to trade policies, taxes, government regulations and tariffs. and we cannot predict whether, and to what extent, current
tariffs will continue, or trade policies will change in the future.

Tariffs,
or the threat of tariffs or increased tariffs, could have a significant negative impact on certain businesses (either due to domestic
businesses’ reliance on imported goods or dependence on access to foreign markets, or foreign businesses’ reliance on sales
into the United States). In addition, retaliatory tariffs could have a significant negative impact on foreign businesses that rely on
imports from the United States, and domestic businesses that rely on exporting goods internationally. These tariffs and threats of tariffs
and other potential trade policy changes could negatively affect the attractiveness of certain initial Business Combination targets,
or lead to material adverse effects on a post-Business Combination company. Among other things, historical financial performance of companies
affected