Company: IBACR
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001641172-25-026995
Chunk: 21

Company: IB Acquisition Corp.
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 21
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, and Non-U.S. Holders (as defined below, and except as otherwise discussed below), all of whom may be subject to tax rules that differ materially from those summarized below. In addition, this summary does not discuss any state, local, or non-United States tax considerations, any non-income tax (such as gift or estate tax) considerations, alternative minimum tax or the Medicare tax. In addition, this summary is limited to investors that hold our common stock as “capital assets” (generally, property held for investment) under the Code.

If a partnership (including an entity or arrangement treated as a partnership for United States federal income tax purposes) holds our common stock, the tax treatment of a partner in such partnership will generally depend upon the status of the partner, the activities of the partnership and certain determinations made at the partner level. If you are a partner of a partnership holding our common stock, you are urged to consult your tax advisor regarding the tax consequences of a redemption.

WE URGE HOLDERS OF OUR COMMON STOCK CONTEMPLATING EXERCISE OF THEIR REDEMPTION RIGHTS TO CONSULT THEIR OWN TAX ADVISORS CONCERNING THE UNITED STATES FEDERAL, STATE, LOCAL, AND FOREIGN INCOME AND OTHER TAX CONSEQUENCES THEREOF.

U.S. Federal Income Tax Considerations to U.S. Holders

This section is addressed to U.S. Holders of our common stock that elect to have their common stock redeemed for cash. For purposes of this discussion, a “U.S. Holder” is a beneficial owner that so redeems its common stock of the Company and is:

| ● | an                                                                          
 individual who is a United States citizen or resident of the United States; |

| ● | a                                                                                               
 corporation (including an entity treated as a corporation for United States federal income      
 tax purposes) created or organized in or under the laws of the United States, any state thereof 
 or the District of Columbia;                                                                    |

| 14 |

| ● | an                                                                                        
 estate the income of which is includible in gross income for United States federal income 
 tax purposes regardless of its source; or                                                 |

| ● | a                                                                                               
 trust (A) the administration of which is subject to the primary supervision of a United States  
 court and which has one or more United States persons (within the meaning of the Code) who      
 have the authority to control all substantial decisions of the trust or (B) that has in effect  
 a valid election under applicable Treasury regulations to be treated as a