I-B Good Works 3, LLC

2 deals · 0 closed · 0 liquidated · 2 in flight

I-B Good Works 3, LLC is a SPAC sponsor that entered the blank-check market in 2024, having backed two special purpose acquisition vehicles since its first year of activity. Neither of the two deals it has been associated with has reached a successful business combination, and none have been liquidated to date, leaving both vehicles in active status as of mid-2026. The sponsor follows a numbered-entity structure common among repeat SPAC practitioners, suggesting an established sponsor family with prior blank-check experience. Specific sector focus and target-search mandates for each vehicle vary by filing. For complete filing history, deal timelines, and sponsor-level analytics on I-B Good Works 3, LLC, sign up for full data access at SpacDesk.

Hot Seat Score

—Insufficient history

Close rate

—

Median speed

—

Blended redemption

—

Total votes / extensions

0 / 0

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

—

Total IPO Capital

$269.6M

Avg Extensions / Deal

0.0

Canonical

i b good works

Promote Economics (2 SPACs with data)

Total At-Risk

$10.3M

Total PP Warrants

455,000

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
IBACR	IB Acquisition Corp.	2024-03-27	$115.0M	Combo Announced	GNQ Insilico Inc.	announced 2026-03-16	0
CIK0001918846	Metaverse Acquisition Corp	—	$154.6M	Withdrawn	—	—	0