IB Acquisition Corp.
IBACNasdaqFinancials · Blank Checks · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$748,908 | −$523,974 | −$6,844 |
| Net income | $3.4M | $1.9M | −$6,844 |
| Total assets | $17.1M | $119.8M | $52,553 |
| Total liabilities | $1.8M | $722,230 | $57,987 |
| Equity | −$681,323 | $1.1M | −$5,434 |
| EPS (diluted) | — | — | — |
| Shares out. | 5.7M | 15.7M | 3.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- −501.4%
- Return on assets
- 19.9%
- Return on capital (ROCE)
- −4.9%
- Liabilities / assets
- 10.7%
- Debt / equity
- —
- Book value / share
- $-0.12
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 82.9%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -1.04distress
- Accruals / assets
- 27.6%high accruals
- Piotroski F-Score
- 3/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 2 warning● 1 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Negative operating cash flow
- High accruals — earnings-quality risk
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Aqr Capital Management LlcPassive (13G)Apr 8, 2026
- Bank Of Montreal /Can/Passive (13G)Feb 12, 2026
- Barclays PlcPassive (13G)Feb 11, 2026
- Td Securities (Usa) LlcPassive (13G)Nov 14, 2025
- Karpus Management, Inc.Passive (13G)Nov 7, 2025
- Wealthspring Capital LlcPassive (13G)Oct 14, 2025
- Meteora Capital, LlcPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5,344 | 1.0 | +132.2% |
| Apr 30, 2026 | 2,302 | 2.3 | -21.9% |
| Apr 15, 2026 | 2,949 | 1.0 | +18.6% |
| Mar 31, 2026 | 2,486 | 1.0 | -28.1% |
| Mar 13, 2026 | 3,460 | 1.0 | -6.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Amended charter or bylawsMar 27, 2026
- Shareholder voteMar 26, 2026
- Other material eventMar 18, 2026
- Entered a material agreement · Regulation FD disclosureMar 16, 2026
- Entered a material agreement · Amended charter or bylaws · Shareholder voteSep 24, 2025
- Other material eventApr 26, 2024
- Changed auditorApr 26, 2024
- Other material eventApr 3, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QMay 15, 2026
- 425Apr 17, 2026
- SCHEDULE 13G/AApr 8, 2026
- 8-KMar 27, 2026
- 8-KMar 26, 2026
- 4Mar 25, 2026
- 4PRIMARY DOCUMENTMar 24, 2026
- 425Mar 18, 2026
- 8-KMar 18, 2026
- 425Mar 16, 2026
- 8-KMar 16, 2026
- DEF 14AFeb 23, 2026
- PRE 14AFeb 12, 2026
- SCHEDULE 13G/AFeb 12, 2026
- SCHEDULE 13G/AFeb 12, 2026
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.