{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-24-000715","form_type":"8-K","ticker":null,"cik":"0001882963","company_name":"AIB Acquisition Corp","filed_at":"2024-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.096972+00:00","generated_at":"2026-05-31T17:14:11.539295+00:00","sec_items":["1.01","2.01","3.03","5.01","5.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"AIB Acquisition Corporation completes business combination with PSI Group Holdings Ltd, begins trading as PSIG","bullets":["On July 18, 2024, AIB Acquisition Corp. closed its business combination with PSI Group Holdings, merging through First Merger Sub and Second Merger Sub.","Pubco ordinary shares began trading on Nasdaq under ticker PSIG on July 19, 2024.","954,338 public shares of AIB were redeemed at the extraordinary general meeting on July 15, 2024.","New directors appointed to Pubco board: Hok Wai Alex Ko, Yong Yao, Lai Ping Chan, Zijian Tong, Axel Hoerger, Eric Chen; Ko also named CEO and Chun Kit Tsui CFO.","A share escrow agreement for 2,000,000 Pubco ordinary shares was entered into with Continental Stock Transfer & Trust as escrow agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-24-000715","json":"https://secwatch.observer/filing/0001013762-24-000715.json","markdown":"https://secwatch.observer/filing/0001013762-24-000715.md","text":"https://secwatch.observer/filing/0001013762-24-000715.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1882963/000101376224000715/0001013762-24-000715-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1882963/000101376224000715/ea0209904-8k_aibacq.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T17:14:11.539295+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ccb42f321","claim":"Eric Chen was appointed as director at AIB Acquisition Corp.","evidence_excerpt":"Each of Hok Wai Alex Ko, Yong Yao, Lai Ping Chan, 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Ordinary Shares; outstanding securities of AIB were converted into the right t (closed 2024-07-18).","evidence_excerpt":"On July 18, 2024, AIB Acquisition Corporation, a Cayman Islands exempted company (“AIB”) and PSI Group Holdings Ltd 利航國際控股有限公司, a Cayman Islands exempted company (“PSI”) consummated (the “Closing”) their previously announced business combination (the “Business Combination”), pursuant to that certain Business Combination Agreement, dated as of December 27, 2023 (the “Business Combination Agreement”), by and among AIB, PSI, PS International Group Ltd., an exempted company incorporated with limited liability in the Cayman Islands (“Pubco”), PSI Merger Sub I Limited, an exempted company incorporated with limited liability in the Cayman Islands and a wholly-owned subsidiary of Pubco (“First Merger Sub”), PSI Merger Sub II Limited, an exempted company incorporated with limited liability in the Cayman Islands and a wholly-owned subsidiary of Pubco (“Second Merger Sub”), and 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}