IB Acquisition Corp. (IBAC) AI Dilution Summary

Cash was $30,161 at 2026-06-30 against estimated monthly burn of $158,158, and $250,000 was raised after the balance-sheet date, on 2026-08-05. Dilution here is driven primarily by a $50,000,000 equity line with SZOP Opportunities I LLC. Under it, the investor buys shares at 97% or 98% of a VWAP-derived market price, so the shares issued for a given dollar amount rise as the price falls. Its resale registration is not yet effective, so $0 is drawable today.