Company: IBACR
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001641172-25-026995
Chunk: 5

Company: IB Acquisition Corp.
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 5
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mate a business combination or, if it          
 fails to do so, cease its operations and redeem or repurchase 100% of the shares of the Company’s 
 common stock issued in the Company’s IPO, by six (6) additional months from                       
 September 28, 2025 to March 28, 2026 (the “Extension”, and such applicable                        
 extension date the “Extended Date”).                                                              |

| 4 |

| 3. | FOR                                                                                         
 approval for the adjournment of the Special Meeting to a later date or dates, if necessary, 
 to permit further solicitation and vote of proxies in the event that there are insufficient 
 votes for, or otherwise in connection with, the approval of Proposals 1 or 2. This proposal 
 will only be presented at the Special Meeting if there are not sufficient votes to approve  
 Proposal 1 or 2.                                                                            |

The purpose of the above proposals is to allow us additional time to complete our initial business combination.

MAY I REVOKE MY PROXY?

If you give a proxy, you may revoke it at any time before it is exercised. You may revoke your proxy in three ways:

| 1. | You                                          
 may send in another proxy with a later date. |

| 2. | You                                                                                         
 may notify us in writing (or if the stockholder is a corporation, under its corporate seal, 
 by an officer or attorney of the corporation) at our principal executive offices before the 
 Special Meeting that you are revoking your proxy.                                           |

| 3. | You                              
 may vote at the Special Meeting. |

WHAT VOTE IS REQUIRED TO APPROVE EACH PROPOSAL?

Proposal 1: To Approve The Extension Proposal.

The approval of Proposal 1 requires the affirmative vote of 65% of the outstanding shares of the Company. Broker non-votes and abstentions will be counted as votes against the proposal.

Proposal 2: To Approve The Trust Amendment Proposal.

The approval of Proposal 2 requires the affirmative vote of a majority of the outstanding shares of the Company. Broker non-votes and abstentions will be counted as votes against the proposal.

Proposal 3: Adjournment Proposal.

The approval of Proposal 3 requires the affirmative vote of a majority of the shares present in person or by proxy and entitled to vote on the matter. Broker non-votes will not be taken into account in determining the outcome of the proposal, and abstentions will be counted as votes against the proposal.

ARE THERE