{"url_path":"/sec/ibac/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1998781/0001493152-26-023743-index.html","accession_number":"0001493152-26-023743","cik":"0001998781","ticker":"IBAC","issuer_name":"IB Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1998781/0001493152-26-023743-index.html","primary_entity_key":"0001998781","primary_entity_name":"IB Acquisition 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EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n**FORM\n10-Q**\n\n** **\n\n**(MARK\nONE)**\n\n☒\n**QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe quarterly period ended March 31, 2026**\n\n \n\n☐\n**TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe transition period from to**\n\n \n\n**Commission\nfile number: 001-41988**\n\n \n\n**IB\nACQUISITION CORP.**\n\n(Exact\nName of Registrant as Specified in Its Charter)\n\n \n\n**nevada**\n \n**85-2946784**\n\n(State or other jurisdiction\nof\n \n(I.R.S. Employer\n\nincorporation or organization)\n \nIdentification No.)\n\n \n\n**1200\nN Federal Highway, Suite 215**\n\n**Boca\nRaton, FL 33432**\n\n(Address\nof principal executive offices)\n\n \n\n**(214)\n687-0020**\n\n(Issuer’s\ntelephone number, including area code)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of\neach class**\n \n**Trading Symbol(s)**\n \n**Name of each\nexchange on which registered**\n\nShares of common stock,\npar value $0.0001 per share\n \nIBAC\n \nThe NASDAQ Stock Market\nLLC\n\nRights, each entitling the\nholder to receive one-twentieth of one share of common stock\n \nIBACR\n \nThe NASDAQ Stock Market\nLLC\n\n \n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934\nduring the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject\nto such filing requirements for the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant\nwas required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller\nreporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer\n☐\n \nAccelerated filer\n☐\n\nNon-accelerated filer\n☒\n \nSmaller reporting company\n☒\n\n \n \n \nEmerging growth company\n☒\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐\n\n \n\nAs\nof May 15, 2026, there were 5,008,229 shares of common stock, $0.0001 par value, issued and outstanding.\n\n \n\n \n\n \n\n \n\n \n\n \n\n**IB\nACQUISITION CORP.**\n\n \n\n**FORM\n10-Q FOR THE QUARTER ENDED MARCH 31, 2026**\n\n**TABLE\nOF CONTENTS**\n\n \n\n \n**Page**\n\n[Part I. Financial Information](#RV_001)\n \n\n[Item 1. Financial Statements](#RV_002)\n \n\n[Balance Sheets as of March 31, 2026 and September 30, 2025 (Unaudited)](#RV_003)\n1\n\n[Statements of Operations for the three and six months ended March 31, 2026 and 2025 (Unaudited)](#RV_004)\n2\n\n[Statements of Changes in Stockholders’ (Deficit) Equity for the three and six months ended March 31, 2026 and 2025 (Unaudited)](#RV_005)\n3\n\n[Statements of Cash Flows for the six months ended March 31, 2026 and 2025 (Unaudited)](#RV_006)\n4\n\n[Notes to Financial Statements (Unaudited)](#RV_007)\n5\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#RV_008)\n19\n\n[Item 3. Quantitative and Qualitative Disclosures Regarding Market Risk](#RV_009)\n24\n\n[Item 4. Controls and Procedures](#RV_010)\n24\n\n[Part II. Other Information](#RV_011)\n \n\n[Item 1. Legal Proceedings](#RV_012)\n25\n\n[Item 1A. Risk Factors](#RV_013)\n25\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#RV_014)\n25\n\n[Item 3. Defaults Upon Senior Securities](#RV_015)\n26\n\n[Item 4. Mine Safety Disclosures](#RV_016)\n26\n\n[Item 5. Other Information](#RV_017)\n26\n\n[Item 6. Exhibits](#RV_018)\n26\n\n[Part III. Signatures](#RV_019)\n27\n\n \n\ni\n\n \n\n \n\n**PART\nI – FINANCIAL INFORMATION**"}