| Cash Flow | 2025-09-30 |
|---|---|
| Net income | 3,416,169 |
| Interest and dividends earned on cash and investments held in trust account | 5,130,712 |
| Prepaid expenses | -8,383 |
| Short-term prepaid insurance | -339,500 |
| Due to sponsor | 2,788 |
| Accounts payable and accrued expenses | -12,961 |
| Income taxes payable | 58,733 |
| Net cash used in operating activities | -1,318,100 |
| Investment of cash into trust account | 0 |
| Cash withdrawn from trust account to pay income taxes | -1,711,366 |
| Cash withdrawn from trust account in connection with redemption | -106,131,025 |
| Net cash provided by (used in) investing activities | 107,842,391 |
| Proceeds from sale of units, net of underwriting discounts paid | 0 |
| Proceeds from sale of private placement units | 0 |
| Advances from related party | 0 |
| Repayment of advances from related party | 0 |
| Payment of offering costs | 0 |
| Proceeds from promissory note | 147,629 |
| Repayment of promissory note | 147,629 |
| Redemptions of common stock | 106,131,025 |
| Net cash used in financing activities | -106,131,025 |
| Net change in cash and cash equivalents and restricted cash | 393,266 |
| Cash and cash equivalents at beginning of period | 822,799 |
| Cash and cash equivalents at end of period | 1,216,065 |
IB Acquisition Corp. (IBACR)
IB Acquisition Corp. (IBACR)