8-K - IB Acquisition Corp. Right | StockGist

AI Analysis

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IB Acquisition Corp. held a special meeting of stockholders on March 25, 2026, where shareholders approved proposals to extend the business combination deadline from March 28, 2026 to September 28, 2026, amend the Trust Agreement, and approve adjournment if needed. Stockholders holding 731,741 shares redeemed at approximately $10.78 per share, removing $7.9 million from the Trust Account, leaving $8.2 million.

Key Takeaways

1Special Meeting on March 25, 2026 with 5,077,821 shares present (88.46% of outstanding common stock)

2Extension Proposal approved: 5,007,821 FOR, 70,000 AGAINST, 0 ABSTAIN, 0 Broker Non-Votes

3Trust Amendment Proposal approved: 5,007,821 FOR, 70,000 AGAINST

4Adjournment Proposal approved: 5,007,821 FOR, 70,000 AGAINST

5731,741 shares redeemed at ~$10.78/share, removing ~$7.9M from Trust Account, leaving ~$8.2M

Current Report Details

Event Type

Shareholder Vote

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

5.07

Submission of Matters to a Vote of Security Holders. On March 25, 2026, the Company held a special meeting of stockholders (the “Special Meeting”). At the Speci

Shareholder Vote

$10.78$7.9M$8.2M

9.01

Financial Statements and Exhibits (d) Exhibits Exhibit No. Exhibit Description 104 Cover page Interactive Data File (embedded within the Inline XBRL document) S

Exhibits Only

Exhibits (1)

8-K