Reported Earlier, IB Acquisition Prices $100M Initial Public Offering of 10M Units At $10/Unit
Portfolio Pulse from Benzinga Newsdesk
IB Acquisition Corp priced its IPO of 10M units at $10 each, to start trading on Nasdaq under 'IBACU' on March 26, 2024. Each unit includes a share and a right for 1/20 of a share post-business combination.

March 26, 2024 | 7:11 am
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IB Acquisition Corp's IPO of 10M units at $10 each will commence trading on Nasdaq under 'IBACU' on March 26, 2024, with each unit comprising a share and a right for additional shares post-business combination.
The pricing and commencement of trading of IB Acquisition Corp's IPO are significant events that typically generate investor interest and could lead to an increase in stock price in the short term. The structure of the units, including both a share and a right, adds an attractive element for investors looking for potential additional gains post-business combination.
CONFIDENCE 90
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