I-B Good Works 4, LLC Files SC 13D for IB Acquisition Corp.
Ticker: IBACR · Form: SC 13D · Filed: Apr 8, 2024 · CIK: 1998781
Sentiment: neutral
Topics: 13D-filing, blank-check, ownership-change
TL;DR
**IB Acquisition Corp. SC 13D filed by I-B Good Works 4, LLC. Event date March 28, 2024.**
AI Summary
I-B Good Works 4, LLC has filed a Schedule 13D on April 8, 2024, indicating a change in beneficial ownership of IB Acquisition Corp. The filing was made as of April 8, 2024, with the event requiring the filing occurring on March 28, 2024. The filing pertains to IB Acquisition Corp., a blank check company incorporated in Nevada.
Why It Matters
This filing signals a potential shift in control or significant investment in IB Acquisition Corp., a blank check company, which could impact its future acquisition strategy and shareholder value.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant changes in ownership or control, which can introduce uncertainty and volatility for the company and its investors.
Key Numbers
- 0001998781 — Central Index Key (Identifier for IB Acquisition Corp.)
- 0002016686 — Central Index Key (Identifier for I-B Good Works 4, LLC)
- 20240408 — Filing Date (Date the SC 13D was filed)
- 20240328 — Event Date (Date of event requiring filing)
Key Players & Entities
- I-B Good Works 4, LLC (company) — Filing person
- IB Acquisition Corp. (company) — Subject company
- 214-687-0020 (dollar_amount) — Business phone number
FAQ
What is the primary business of IB Acquisition Corp.?
IB Acquisition Corp. is identified as a 'BLANK CHECKS' company with SIC code 6770.
Who is the filing person for this SC 13D?
The filing person is I-B Good Works 4, LLC.
When did the event requiring this filing occur?
The date of the event which requires filing of this statement was March 28, 2024.
What is the state of incorporation for IB Acquisition Corp.?
IB Acquisition Corp. is incorporated in Nevada (NV).
What is the business address of IB Acquisition Corp.?
The business address is 2500 N Military Trail, Suite 160-A, Boca Raton, FL 33431.
Filing Stats: 2,606 words · 10 min read · ~9 pages · Grade level 13.7 · Accepted 2024-04-08 20:56:59
Key Financial Figures
- $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
- $3,000 — r. The Reporting Person paid the Issuer $3,000 for the Founder Shares (as defined in I
- $6,105,000 — under Shares (as defined in Item 4) and $6,105,000 for the Private Units (as defined in It
- $0.0009 — ice of $3,000 in cash, or approximately $0.0009 per share. On February 28, 2024, the Sp
- $1,500,000 — at the holder’s discretion, up to $1,500,000 of the notes may be converted into unit
- $10.00 — y be converted into units at a price of $10.00 per unit (“Working Capital Units&
Filing Documents
- formsc13d.htm (SC 13D) — 63KB
- ex5.htm (EX-5) — 5KB
- 0001493152-24-013989.txt ( ) — 69KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: April 8, 2024 I-B Good Works 4, LLC By: /s/ Shelley Leonard Name: Shelley Leonard Title: Manager /s/ Shelley Leonard Shelley Leonard