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IB Acquisition Corp.
IB Acquisition Corp. announced that it will hold its 2026 Annual Meeting of Stockholders on December 16, 2026, to regain compliance with Nasdaq Listing Rule 5620(a). The record date for voting is October 28, 2026, and the deadline for submitting stockholder proposals is October 26, 2026.…more
IB Acquisition Corp.
IB Acquisition Corp. has received a notice of non-compliance from Nasdaq for failing to hold an annual meeting of shareholders as required. The company must submit a compliance plan within 45 days, and if accepted, it may be granted an extension to regain compliance until March 29, 2027.…more
IB Acquisition Corp.
IB Acquisition Corp. approved an extension of its business combination deadline to March 28, 2027, at a special meeting held on September 24, 2026. Shareholders exercised redemption rights for 117,386 shares at approximately $10.97 per share, resulting in a $1,288,199.54 withdrawal from the trust account and leaving a remaining balance of approximately $7,042,627.97.…more
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IB Acquisition Corp. Announces Date for 2026 Annual Meeting
IB Acquisition Corp. has scheduled its 2026 annual meeting of stockholders for December 16, 2026, to regain compliance with Nasdaq listing requirements. This meeting serves as a standard administrative procedure for the blank check company and does not indicate a material business development.…more
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IB Acquisition has entered into an equity purchase agreement to sell up to $50 million in common stock following its business combination with GNQ. While the company will list on the Nasdaq, the issuance of new shares introduces potential dilution for existing shareholders.…more
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