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Nasdaq notifies IBAC of non-compliance with annual meeting requirement
IBACIB Acquisition Corp.
On October 5, 2026, Nasdaq notified IB Acquisition Corp. that it is no longer compliant with Listing Rule 5620(a) because the company has not held an annual shareholder meeting within twelve months of its fiscal year end. The company has 45 days to submit a compliance plan and up to 180 calendar days from its fiscal year end, or until March 29, 2027, to regain compliance. Trading will continue under the symbol IBAC during this period. IB Acquisition Corp. operates as a blank check company in the special purpose acquisition vehicle industry.