Company: IBACR
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010982
Chunk: 2

Company: IB Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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, redeemable 
     11,500,000  
     383,333  
     11,500,000  
     189,560 

    Diluted net income (loss) per common stock, redeemable 
    $0.05  
    $(0.05) 
    $0.11  
    $(0.09)

    Basic weighted average common stock outstanding, non-redeemable 
     4,249,090  
     2,868,132  
     4,249,090  
     2,844,061 

    Basic net income (loss) per common stock, non-redeemable 
    $0.05  
    $(0.06) 
    $0.11  
    $(0.09)

    Diluted weighted average common stock outstanding, non-redeemable 
     4,249,090  
     3,277,107  
     4,249,090  
     3,046,301 

    Diluted net income (loss) per common stock, non-redeemable 
    $0.05  
    $(0.05) 
    $0.11  
    $(0.09)

The
accompanying notes are an integral part of the unaudited financial statements.

2

IB
ACQUISITION CORP.

STATEMENTS
OF CHANGES IN STOCKHOLDERS’ EQUITY

(UNAUDITED)

FOR
THE THREE AND SIX MONTHS ENDED MARCH 31, 2025

    Shares  
    Amount  
    Capital  
    Earnings  
    Equity 

    Common Stock  
    Additional Paid-in   
    Retained  
    Total Stockholders’  

    Shares  
    Amount  
    Capital  
    Earnings  
    Equity 
  
    Balance — September 30, 2024 
     4,249,090  
    $425  
    $   —  
    $1,111,372  
    $1,111,797 

    Remeasurement of Common Stock subject to possible redemption 
     —  
     —  
     —  
     (1,083,509) 
     (1,083,509)

    Net income 
     —  
     —