IB Acquisition Corp. Common Stock·Financial Services
IB Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the United States. IB Acquisition Corp. was incorporated in 2020 and is based in Boca Raton, Florida.
Financial Services
Shell Companies
2
2024-05-01
-0.04

BOCA RATON, FL AND TORONTO, ONTARIO, March 16, 2026 (GLOBE NEWSWIRE) -- GNQ Insilico Inc. (“GNQ” or the “Company”), a corporation formed under the federal laws of Canada, and IB Acquisition Corp. (Nasdaq: IBAC) (“IBAC”), a Nevada special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the “BCA”) pursuant to which IBAC will acquire all of the issued and outstanding shares in the capital of GNQ by way of a statutory plan of arrangement under the Canada Business Corporations Act (the “Transaction”). Following closing of the Transaction, which is expected in the third quarter of 2026, the combined company expects to be publicly listed on Nasdaq. Shares will trade on Nasdaq under the symbol IBAC until the closing of the Transaction.

Crossingbridge Advisors LLC boosted its stake in shares of IB Acquisition Corp. (NASDAQ: IBAC) by 10.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 482,223 shares of the company's stock after acquiring an additional 46,833 shares during the

DLD Asset Management LP bought a new stake in IB Acquisition Corp. (NASDAQ: IBAC) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 240,000 shares of the company's stock, valued at approximately $2,525,000. DLD Asset Management LP owned about 1.75% of

Shares of IB Acquisition Corp. (NASDAQ: IBAC - Get Free Report) dropped 0.2% on Tuesday. The stock traded as low as $10.71 and last traded at $10.72. Approximately 1,480 shares changed hands during trading, a decline of 74% from the average daily volume of 5,603 shares. The stock had previously closed at $10.74. Analysts Set

IB Acquisition Corp. (NASDAQ: IBAC - Get Free Report) shot up 0.1% during mid-day trading on Monday. The company traded as high as $10.54 and last traded at $10.53. 4,556 shares were traded during trading, an increase of 98% from the average session volume of 2,299 shares. The stock had previously closed at $10.52. Wall