Company: IBACR
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010982
Chunk: 17

Company: IB Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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IB
ACQUISITION CORP.

NOTES
TO FINANCIAL STATEMENTS

MARCH
31, 2025

(Unaudited)

The
following table reflects the calculation of basic and diluted net income (loss) per common stock (in dollars, except per share amounts):

 SCHEDULE
OF BASIC AND DILUTED NET INCOME (LOSS) PER COMMON STOCK

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable 

    For the Three Months Ended March 31,  
    For the Six Months Ended March 31, 

    2025  
    2024  
    2025  
    2024 

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable 
  
    Basic net income (loss) per share of common stock: 

    Numerator: 

    Allocation of net income (loss) 
    $601,778  
    $222,348  
    $(22,948) 
    $(171,698) 
    $1,264,119  
    $467,075  
    $(17,630) 
    $(264,507)
  
    Denominator: 

    Weighted-average shares outstanding 
     11,500,000  
     4,249,090  
     383,333  
     2,868,132  
     11,500,000  
     4,249,090  
     189,560  
     2,844,061 
  
    Basic net income (loss) per common stock 
    $0.05  
    $0.05  
    $(0.06) 
    $(0.06) 
    $0.11  
    $0.11  
    $(0.09) 
    $(0.09)

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable  
    Redeemable