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Press releaseGlobeNewswire· March 16, 2026

GNQ Insilico Inc. to go Public Through Business Combination With IB Acquisition Corp. (NASDAQ: IBAC)

View original at globenewswire.com
GNQ Insilico Inc. to go Public Through Business Combination With IB Acquisition Corp. (NASDAQ: IBAC) BOCA RATON, FL AND TORONTO, ONTARIO, March 16, 2026 (GLOBE NEWSWIRE) -- GNQ Insilico Inc…
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  • GNQ's integration of Genomics, Artificial Intelligence, and Quantum Computing represents a differentiated approach to addressing significant challenges facing drug discovery and development

    60% confidence

  • Partnering with IB Acquisition Corp. marks a pivotal moment for GNQ as we scale our three comprehensive AI-powered platforms to transform pharmaceutical R&D and healthcare delivery

    60% confidence

  • The Transaction is expected to close in the third quarter of 2026

    60% confidence

  • GNQ is well-positioned to capture meaningful market share

    60% confidence

  • The transaction provides resources and public market visibility to expand commercial partnerships and scale solutions to serve pharmaceutical companies, investors and healthcare providers worldwide

    60% confidence

  • GNQ's Drug Simulation Platform and Digital Twins Platform are slated for release later in 2026

    60% confidence

  • The Transaction is expected to provide approximately $15 million in proceeds to GNQ, including a PIPE of up to $10 million and cash held in IBAC trust account

    60% confidence

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GNQ Insilico Inc. to go Public Through Business Combination With IB Acquisition Corp. (NASDAQ: IBAC) — Source | Via News | es.VIA.NEWS