Company: IBACR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023510
Chunk: 2

Company: IB Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
,000  
     3,959,707 

    Basic and diluted net income per common stock, redeemable 
    $0.05  
    $0.07  
    $0.16  
    $0.11 

    Basic weighted average common stock outstanding, non-redeemable 
     4,249,090  
     4,249,090  
     4,249,090  
     3,312,404 

    Basic net income per common stock, non-redeemable 
    $0.05  
    $0.07  
    $0.16  
    $0.11 

    Diluted weighted average common stock outstanding, non-redeemable 
     4,249,090  
     4,249,090  
     4,249,090  
     3,589,806 

    Diluted net income per common stock, non-redeemable 
    $0.05  
    $0.07  
    $0.16  
    $0.11 

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 NINE MONTHS ENDED JUNE 30, 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 
     —  
     —  
     —  
     907,068  
     907,068 

    Balance — December 31