IB Acquisition shareholders approve extension to Sept 28, 2026; ~$7.9M redeemed from trust

IB Acquisition Corp.

All three proposals (extension, trust amendment, adjournment) passed with 5,007,821 for, 70,000 against, no abstentions.
Shareholders redeeming 731,741 shares at ~$10.78/share, removing ~$7.9M from trust.
Trust account balance after redemptions is ~$8.2M, subject to tax adjustments.
Extension moves business combination deadline from March 28, 2026 to September 28, 2026.

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