IB ACQUISITION CORP IBACR
RIGHT 09/28/2025 · Right · CUSIP 44934N116
- SectorHealth care
- IndustryServices-Commercial Physical & Biological Research
- HeadquartersBoca Raton, FL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $0.12.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 30 |
| Q3 2024 | 31 |
| Q4 2024 | 33 |
| Q1 2025 | 32 |
| Q2 2025 | 32 |
| Q3 2025 | 30 |
| Q4 2025 | 29 |
| Q1 2026 | 25 |
| Q2 2026 | 25 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 6 | 7 |
| Q4 2024 | 6 | 10 |
| Q1 2025 | 4 | 5 |
| Q2 2025 | 5 | 5 |
| Q3 2025 | 5 | 9 |
| Q4 2025 | 4 | 5 |
| Q1 2026 | 4 | 14 |
| Q2 2026 | 1 | 9 |
Biggest buyers
| Arax Advisory Partners | New | +18.2k |
Biggest sellers
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Reduced | -471.4k |
| TORONTO DOMINION BANK | Reduced | -100.0k |
| HEIGHTS CAPITAL MANAGEMENT, INC | Reduced | -58.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -8.8k |
| Wealthspring Capital LLC | Reduced | -7.9k |
| FLOW TRADERS U.S. LLC | Reduced | -1.0k |
| TWO SIGMA SECURITIES, LLC | Reduced | -297 |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -94 |
| UBS Group AG | Reduced | -10 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| METEORA CAPITAL, LLC 13G · institution new · filed 2025-02-14 | 5.1% |
Fell to 5% or below in the last year: TD SECURITIES (USA) LLC (0.0%, 2025-11-14)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Wealthspring Capital LLC 0.02% of their portfolio | 851.2k $97.9k | Reduced -7.9k |
| AQR Arbitrage LLC 0.00% of their portfolio | 732.5k $86.8k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 500.0k $57.5k | Unchanged |
| Mint Tower Capital Management B.V. 0.01% of their portfolio | 500.0k $58.0k | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 462.8k $53.2k | Reduced -94 |
| TORONTO DOMINION BANK 0.00% of their portfolio | 400.0k $46.0k | Reduced -100.0k |
| Westchester Capital Management, LLC 0.00% of their portfolio | 349.0k $41.4k | Unchanged |
| Clear Street Group Inc. 0.00% of their portfolio | 203.2k $23.4k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 200.0k $23.0k | Unchanged |
| Periscope Capital Inc. 0.00% of their portfolio | 197.6k $22.7k | Unchanged |
| Yakira Capital Management, Inc. 0.01% of their portfolio | 197.5k $22.7k | Unchanged |
| Decagon Asset Management LLP 0.00% of their portfolio | 159.4k $18.3k | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 150.0k $17.2k | Reduced -471.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 150.0k $17.8k | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 150.0k $16.5k | Unchanged |
| WEXFORD CAPITAL LP 0.00% of their portfolio | 139.9k $16.1k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 100.0k $11.5k | Unchanged |
| FLOW TRADERS U.S. LLC 0.00% of their portfolio | 48.3k $6.0k | Reduced -1.0k |
| HEIGHTS CAPITAL MANAGEMENT, INC 0.00% of their portfolio | 42.1k $5.0k | Reduced -58.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 22.0k $2.6k | Reduced -8.8k |
| CONDOR CAPITAL MANAGEMENT 0.00% of their portfolio | 20.2k $2.3k | Unchanged |
| Evercore Wealth Management, LLC 0.00% of their portfolio | 19.6k $2.3k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 18.2k $2.1k | New |
| TWO SIGMA SECURITIES, LLC 0.00% of their portfolio | 13.5k $1.5k | Reduced -297 |
| UBS Group AG 0.00% of their portfolio | 1.0k $116 | Reduced -10 |