IB Acquisition Corp 2024年度报告

FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedSeptember 30, 2025 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF For the transition period from _______________ to _______________ Commission File Number:001-41988 IB ACQUISITION CORP.(Exact name of registrant as specified in its charter) 85-2946784 1200 N Federal Highway, Suite 215Boca Raton, FL 33432(Address of principal executive offices and zip code) Registrant’s telephone number, including area code: (214) 687-0020 Securities registered pursuant to Section 12(b) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter periods as the registrant was required to file such reports)and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. (check one) Large accelerated filerNon-accelerated filerAccelerated filer Smaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☒No☐ The aggregate market value of the Company’s voting and non-voting common stock held by non-affiliates computed by reference tothe closing price for the common stock on March 31, 2025, as reported on the Nasdaq Stock Market was $14,835,000. As of December 29, 2025, 5,739,970 shares of Company common stock, par value $0.0001 were issued and outstanding. Documents Incorporated by Reference: None. Table of Contents PART IItem 1.Business1Item 1A.Risk Factors17Item 1B.Unresolved Staff Comments50Item 1CCybersecurity50Item 2.Properties50Item 3.Legal Proceedings50Item 4.Mine Safety Disclosure50 Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities51Item 6.[RESERVED]52Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations52Item 7A.Quantitative and Qualitative Disclosures About Market Risk55Item 8.Consolidated Financial Statements and Supplementary Data55Item 9.Change in and Disagreements with Accountants on Accounting and Financial Disclosures55Item 9A.Controls and Procedures55Item 9B.Other Information56Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections56 Item 10.Directors, Executive Officers and Corporate Governance57Item 11.Executive Compensation65Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters66Item 13.Certain Relationships and Related Transactions and Director Independence67Item 14.Principal Accountant Fees and Services68 Item 15.Exhibits and Financial Statement Schedules69Item 16.Form 10-K Summary69Signatures70 CERTAIN TERMS Unless otherwise stated in this Annual Report on Form 10-K (this “Report”), or the context otherwise requires, references to: ●“combination period”