IB Acquisition Corp. units to separate into common stock and rights on May 1, 2024

IB Acquisition Corp.

Units (IBACU) cease trading May 1; common stock (IBAC) and rights (IBACR) trade separately on Nasdaq.
Separation is mandatory and automatic; no holder action required.
Each right entitles holder to one-twentieth of a share of common stock upon a business combination.

item 8.01 item 9.01

IB Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001493152-24-016511

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