ArentFox Schiff Represents IB Acquisition Corp. in $115 Million IPO

ArentFox Schiff LLP represented IB Acquisition Corp. in the company’s initial public offering (IPO) totaling $115 million.

IB Acquisition Corp., a blank check company organized to effect mergers, capital stock exchange, asset acquisitions, stock purchases, and other business combinations, offered 11,500,000 units at a public price of $10.00 per unit for total gross proceeds of $115 million.

Trading began on March 26 under the Nasdaq Global Market symbol “IBACU,” and closed March 28, 2024.

The AFS team included Partners Ralph De Martino and Cavas Pavri, and Associates Jeffrey Kennedy and Emily Lewis.

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