Company research
IB Acquisition Corp.
CIK 1998781Updated Sep 24, 2026
SecuritiesIBAC · NASDAQ · equityIBACR · NASDAQ · right
Historical securities (1)
IBACU · OTC · unit · closed Apr 30, 2024IBAC price & chart
Loading TradingView…
NASDAQ:IBAC on TradingView ↗In the news
Recent filings
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Items 1.01, 3.02, 9.01
425 filing
425 filing
425 filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 17,134,092Source | 119,800,388Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 428,700Source | 822,799Source |
| Assets, CurrentUSD | 1,243,898Source | 1,198,515Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 1,832,100Source | 722,230Source |
| Stockholders’ equity: | ||
| Common Stock, Value, IssuedUSD | 425Source | 425Source |
| Retained Earnings (Accumulated Deficit)USD | -681,748Source | 1,111,372Source |
| Stockholders' Equity Attributable to ParentUSD | -681,323Source | 1,111,797Source |
| Liabilities and EquityUSD | 17,134,092Source | 119,800,388Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 1,832,100Source | 722,230Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,318,100Source | -820,959Source |
| Cash flows from investing activities: | ||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 107,842,391Source | -115,575,000Source |
| Cash flows from financing activities: | ||
| Payments for Repurchase of Common StockUSD | 106,131,025Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -106,131,025Source | 117,166,205Source |
| Additional Financial Items | ||
| General and Administrative ExpenseUSD | 748,908Source | 523,974Source |
| Income Tax Expense (Benefit)USD | 965,635Source | 635,512Source |
| InterestExpenseNonoperatingUSD | — | -3,026,873Source |
| Net Income (Loss) Attributable to ParentUSD | 3,416,169Source | 1,867,387Source |
| Nonoperating Income (Expense)USD | 5,130,712Source | 3,026,873Source |
| Payments to Acquire InvestmentsUSD | — | 115,575,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Operating Income (Loss)USD | -748,908Source | -523,974Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 4,381,804Source | 2,502,899Source |
| Income Tax Expense (Benefit)USD | 965,635Source | 635,512Source |
| Net Income (Loss) Attributable to ParentUSD | 3,416,169Source | 1,867,387Source |
| Interest Expense (non-operating)USD | — | -3,026,873Source |
| Additional Financial Items | ||
| General and Administrative ExpenseUSD | 748,908Source | 523,974Source |
| Nonoperating Income (Expense)USD | 5,130,712Source | 3,026,873Source |
Offerings
Registration 333-297710
Registration 333-297710-01
Filing attachments
ex107.htm · S-4 · 2026-07-24
Calculation of Filing Fee Tables S-4 IB Acquisition Corp. ──────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Pr…
Read attachment ↗ex99-1.htm · S-4 · 2026-07-24
EX-99.1 12 ex99-1.htm EX-99.1 Exhibit 99.1 CONSENT OF REHAN HUDA In connection with the filing by IB Acquisition Corp. and GNQ Insilico, Inc. of the Registration Statement on Form S-4 with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), I hereby consent, pursuant to Rule 438 of the Securities Act, to being named as a nominee to the board of directors for GNQ Insilco, Inc. in the Registration Statement and any and all amendments an…
Read attachment ↗ex99-2.htm · S-4 · 2026-07-24
EX-99.2 13 ex99-2.htm EX-99.2 Exhibit 99.2 CONSENT OF TOM ENGLISH In connection with the filing by IB Acquisition Corp. and GNQ Insilico, Inc. of the Registration Statement on Form S-4 with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), I hereby consent, pursuant to Rule 438 of the Securities Act, to being named as a nominee to the board of directors for GNQ Insilco, Inc. in the Registration Statement and any and all amendments a…
Read attachment ↗