Company: IBACR
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0001493152-25-006426
Chunk: 2

Company: IB Acquisition Corp.
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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UNAUDITED)

FOR
THE THREE MONTHS ENDED DECEMBER 31, 2024

    Shares  
    Amount  
    Capital 
    Deficit  
    Equity 

    Common Stock  
    Additional
Paid-in 
    Accumulated  
    Total
Stockholders’ 

    Shares  
    Amount  
    Capital 
    Deficit  
    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, 2024 
     4,249,090  
    $425  
    $—  
    $934,931  
    $935,356 

FOR
THE THREE MONTHS ENDED DECEMBER 31, 2023

    Shares (1)  
    Amount  
    Capital  
    Deficit  
    Deficit 

    Common Stock  
    Additional Paid-in  
    Accumulated  
    Total Stockholders’ 

    Shares (1)  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance — September 30, 2023 (1) 
     3,243,590  
    $324  
    $2,676  
    $(8,434) 
    $(5,434)
  
    Balance  
     3,243,590  
    $324  
    $2,676  
    $(8,434) 
    $(5,434)

    Net loss 
     —  
     —  
     —  
     (87,491) 
     (87,491)
  
    Net income (loss) 
     —  
     —  
     —  
     (87,491) 
     (87,491)

    Balance — December