IB Acquisition Corp. has announced that it has entered into Amendment No. 2 to its Investment Management Trust Agreement, which was approved by stockholders at a special meeting held on March 25, 2026. This amendment allows the company to extend the deadline for completing its initial business combination by an additional six months, moving the deadline from March 28, 2026, to September 28, 2026. If the company fails to complete a business combination by this new deadline, the trust account will be liquidated according to the procedures outlined in the Trust Amendment. The amendment also specifies that no amounts will be deducted from the trust account to cover dissolution expenses. This extension is crucial for the company as it seeks to finalize a merger or acquisition that aligns with its strategic goals. The decision reflects the company's commitment to ensuring that it has adequate time to identify and execute a suitable business combination, which is essential for its long-term growth and success. The company continues to work closely with its stakeholders to navigate the complexities of the current market environment and to position itself favorably for future opportunities.

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