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AIB Acquisition Corporation

AIB Acquisition Corporation

AIBAF
AIB Acquisition CorporationUS flagOther OTC
8.50
USD
+3.50
- -
30.70MMarket Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
0.23
-0.28
-0.43
Free Cash Flow per Basic Share
- -
-0.3
-0.33
-0.3
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
32.86
2.36
2.21
Tangible Book Value per Share
- -
32.86
2.36
2.21
Basic Weighted Avg Shares
- -
3
3
3
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
1
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
Working Capital
- -
- -
-2
-3
LT Debt
- -
- -
- -
- -
Total Equity
- -
85
6
6
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-1.6
-17.4

Capital Structure

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
22
22
30

Working Capital

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
2
3
Payables & Accruals
1
1
2
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-92.74%
Free Cash Flow
- -
- -
11.66%
Net Income, GAAP
- -
- -
-224.63%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.08
-0.03
0.11
- -
0.23
2023
-0.02
-0.13
-0.05
- -
-0.28
2024
-0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Eric Chen
Sector
Financial Services
Industry
Shell Companies
Address
IPO Date
Feb 23, 2022
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Business
AIB Acquisition Corporation (AIBAF) is a blank check company, or special purpose acquisition company (SPAC), whose principal business activity involves effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more target businesses, particularly in technology, digital innovation, and specialized industrial sectors. The company offers no current products or services beyond its SPAC structure, which facilitates public market access for private companies through streamlined acquisition processes; it generates revenue primarily from sponsor fees and post-merger synergies. Founded in 2021 and headquartered at 875 Third Avenue, Suite M204A, New York, New York, AIB Acquisition Corporation operates principally in the United States with a focus on global investment opportunities. In July 2024, AIB Acquisition Corporation completed a business combination with PS International Group Ltd (PSI), a Hong Kong-based global logistics provider specializing in cross-border air freight forwarding, ocean freight forwarding, and supply chain ancillary services; following the merger, PSI's ordinary shares began trading on Nasdaq under the ticker PSIG, while AIB and PSI became wholly owned subsidiaries of the new Cayman Islands-incorporated entity. This transaction, initially announced in December 2023 with an enterprise valuation for PSI of approximately $200-230 million, marked AIB's primary strategic shift from a blank check entity to a post-combination structure integrated into PSI's logistics operations connecting Asian hubs to the US and worldwide markets.