IB Acquisition Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: IBAC only recently listed within the past 12 months

Top 25 shareholders own 86.2% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
18%	I-B Good Works 4, LLC	2,837,576	US$28.5m	0%	no data
16.8%	Karpus Management Inc.	2,641,482	US$26.6m	299%	0.74%
7.28%	AQR Capital Management, LLC	1,147,315	US$11.5m	35%	0.02%
5.94%	Wealthspring Capital LLC	935,047	US$9.4m	-17%	2.31%
3.17%	Mint Tower Capital Management B.V.	500,000	US$5.0m	0%	4.85%
2.94%	Boothbay Fund Management, LLC	462,793	US$4.7m	0%	0.15%
2.94%	ATW SPAC Management LLC	462,793	US$4.7m	0%	4.83%
2.86%	Mangrove Partners IM, LLC	450,000	US$4.5m	0%	0.43%
2.74%	Bulldog Investors, LLP	431,256	US$4.3m	-2.21%	1.33%
2.54%	Pennsylvania Public School Employees' Retirement System	400,000	US$4.0m	0%	0.02%
2.34%	CrossingBridge Advisors, LLC	368,220	US$3.7m	-1.81%	2.33%
2.22%	Westchester Capital Management, LLC	349,019	US$3.5m	0%	0.18%
1.9%	Polar Asset Management Partners Inc.	300,000	US$3.0m	0%	0.1%
1.9%	Periscope Capital Inc.	300,000	US$3.0m	9.09%	2.18%
1.59%	Heights Capital Management, Inc.	250,000	US$2.5m	0%	1.04%
1.59%	Susquehanna International Group, LLP, Asset Management Arm	250,000	US$2.5m	0%	no data
1.59%	Centiva Capital, LP	250,000	US$2.5m	0%	0.11%
1.39%	Two Sigma Investments, LP	218,750	US$2.2m	0%	no data
1.27%	Yakira Capital Management, Inc.	200,000	US$2.0m	0%	0.91%
1.27%	Highbridge Capital Management, LLC	199,971	US$2.0m	0%	0.05%
0.95%	D. E. Shaw & Co., L.P.	150,000	US$1.5m	0%	no data
0.86%	RiverNorth Capital Management, LLC	134,730	US$1.4m	0%	0.07%
0.82%	Putnam LLC	129,140	US$1.3m	0%	no data
0.69%	Wolverine Asset Management, LLC	108,358	US$1.1m	0%	0.11%
0.63%	Deltec Asset Management LLC	100,000	US$1.0m	0%	0.19%