IBAC, IBACR · CIK 0001998781 · operating
This special purpose acquisition company (SPAC) was incorporated in Nevada in 2020 and is headquartered in Boca Raton, Florida. The company currently has no significant operating business and exists primarily to identify and execute a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more target businesses.
The company's stated acquisition scope encompasses potential targets across North America, Europe, and Asia, with no specific industry focus disclosed. As a blank check company, IB Acquisition Corp. relies on capital raised through its initial public offering to fund due diligence, transaction costs, and the business combination itself. The company has not yet identified a definitive target or announced combination plans.
No material revenue streams currently exist, and the company maintains a minimal operating structure typical of SPACs in the search phase.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | — | — | — | |
| 2024 | — | — | — |