Vertical Data Inc. is an early development–stage Nevada corporation (incorporated May 3, 2024) that provides high‑performance compute systems, hardware distribution, data center services and related software and professional services focused on enterprise AI compute and data center customers.

- **Company name & formation**
  - Vertical Data Inc., incorporated in Nevada on May 3, 2024.

- **Business overview**
  - Early development–stage systems and solutions technology provider focused on high‑performance compute for enterprise and data center clients.
  - Distributes IT hardware and systems including GPU servers, storage solutions, system components, software, networking and communications equipment, and related products and services.
  - Provides coordination and provision of data center services and hosting.
  - Conducts research & development to develop its own hardware devices and software to sell into its channels.
  - Operates as a value‑added reseller purchasing from OEMs and other suppliers and selling to enterprise and data center customers; does not have exclusive distribution agreements with suppliers.

- **Products / target market**
  - Primary focus on enterprise AI compute: servers for training large language models (LLMs) and inference systems (bare metal servers and pre‑configured systems with preinstalled software), plus related storage, semiconductors, memory, peripherals, network subsystems and professional services.

- **Customers & concentration**
  - Revenue in the reported periods came from two customers:
    - Fiscal year ended September 30, 2025: two customers accounted for 94% and 6% of revenue (i.e., effectively all revenue came from two customers).
    - Period from May 3, 2024 (inception) through September 30, 2024: two customers accounted for 77% and 23% of revenue.
  - Target customers include ISPs, data centers, system integrators and various enterprise verticals (financial services, government, retail, energy, manufacturing, etc.).

- **Employees & contractors**
  - As of the filing date: 1 full‑time employee and 13 consultants.

- **Key operational facts**
  - Headquarters (primary business presence): Las Vegas, Nevada (office rented month‑to‑month).
  - Uses sales representatives contracted as consultants and commission‑based sales agents; sales supported by consultants and business development specialists.
  - Manages procurement and just‑in‑time delivery to minimize inventory; maintains EDI connections with many OEM suppliers.

- **Selected financial highlights (from audited financial statements)**
  - Fiscal year ended September 30, 2025:
    - Revenue: $3,666,000
    - Cost of revenue: $3,598,000
    - Gross profit: $68,000
    - Net loss: $(3,820,078)
    - Cash and cash equivalents (Sep 30, 2025): $372,718
    - Total assets (Sep 30, 2025): $519,169
    - Total liabilities (Sep 30, 2025): $252,058
    - Total equity (Sep 30, 2025): $267,111
    - Net cash used in operating activities (FY 2025): $(1,452,945)
    - Stock‑based compensation expense (FY 2025): $1,932,864
    - Cash provided by financing activities (FY 2025): $1,398,400 (proceeds from sales of common stock)
  - Period May 3, 2024 – September 30, 2024:
    - Revenue: $6,866,558
    - Cost of revenue: $6,542,000
    - Gross profit: $324,558
    - Net loss: $(350,599)
    - Cash and cash equivalents (Sep 30, 2024): $427,722

- **Capitalization & shareholders**
  - As disclosed, 97 shareholders of record as of December 28, 2025.
  - Share data:
    - Balance sheet (Sep 30, 2025) showed 41,193,052 shares issued and outstanding.
    - Subsequent share cancellation: Effective October 8, 2025, certain founders and other shareholders surrendered an aggregate 31,752,690 shares to the Company for no consideration; as of December 26, 2025 the Company reported 9,440,362 shares issued and outstanding.
  - Aggregate market value of outstanding common equity held by non‑affiliates (date reported): approximately $2,462,681.

- **Other material items disclosed**
  - Management concluded there is substantial doubt about the Company’s ability to continue as a going concern within one year of issuance of the financial statements (net loss in FY 2025 and limited cash on hand).
  - The Company adopted a 2024 Equity Incentive Plan and recorded material stock‑based compensation in FY 2025.
  - As of Sep 30, 2025 the Company had no long‑term purchase commitments with suppliers and had not used debt financing.

IB Acquisition Corp. is a blank‑check (special purpose acquisition) company formed July 7, 2020 (converted to a Nevada corporation Sept 21, 2023) to effect an initial business combination; headquartered in Boca Raton, FL and publicly traded on Nasdaq as IBAC.

- Company name, form and purpose
  - IB Acquisition Corp. — a blank-check (special purpose acquisition) company formed July 7, 2020 (Delaware) and converted to a Nevada corporation on September 21, 2023.
  - Purpose: effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination (an “initial business combination”).

- Headquarters and contact
  - Principal executive office: 1200 N Federal Highway, Suite 215, Boca Raton, FL 33432.
  - Telephone: (214) 687-0020.

- Corporate and listing details
  - Securities: common stock trading under ticker IBAC (Nasdaq) and rights trading under ticker IBACR (Nasdaq).
  - As of December 29, 2025: 5,739,970 shares of common stock issued and outstanding.
  - The company is identified in its 10‑K as a shell company.

- Status, timeline and liquidation provisions
  - The company has not completed an initial business combination and, as of the filing, had not selected or engaged in substantive discussions with any target.
  - Combination period: initially 24 months from the IPO; the board and stockholders approved an extension on September 22, 2025 extending the deadline to March 28, 2026.
  - If an initial business combination is not completed by the applicable deadline, the company will (i) cease operations except to wind up, (ii) redeem public shares for their pro rata share of the trust account and (iii) liquidate, subject to applicable law.

- Business strategy and acquisition criteria (stated facts)
  - No industry exclusivity; stated areas of focus include consumer goods, sports & entertainment, fintech, healthcare and life sciences.
  - Geographic focus stated as North America, Europe and Asia.
  - Target enterprise value: the company states it intends to seek targets with enterprise value of at least $500 million.
  - Nasdaq requirement noted: any initial business combination must (while listed) involve target(s) whose aggregate fair market value is at least 80% of the assets in the trust account (as described in the filing).

- Management and board (reported persons and summary credentials)
  - Adelmo “Al” Lopez — Chairman and Chief Executive Officer. Background references in filing: founder of Alma Coffee; former President & CEO of Blair Corporation; former CFO of Dole Fresh Fruit International.
  - Christy Albeck — Chief Financial Officer. Founder/Managing Member of Albeck Advisors; prior founder/CEO of Albeck Financial Services; former partner with Calabrese Consulting.
  - John Joyce — Vice Chairman. Former CFO of IBM; President of Asia Pacific and Head of Global Services at IBM; former Managing Director of SilverLake Partners.
  - Silvia Panigone — Director. CEO of Inhalis Therapeutics; founder of ADYA; former COO at NLS (NLSP).
  - Jian Zhang — Director. CEO and Managing Partner of Yuunnan Xiaosen Venture Capital Co., Ltd.; CEO of Hangzhou Hechuang Investment Management Co., Ltd.
  - Feng Xiangkun — Advisor. Former analyst/fund manager roles at State Grid Yingda and YuanDeKun; described as bringing securities experience and an Asian network.

- Sponsor, founder and pre-IPO holdings (stated facts)
  - Sponsor: I-B Good Works 4, LLC.
  - Founder shares: sponsor purchased 3,243,590 founder shares for an aggregate of $3,000 (approx. $0.0009 per founder share).
  - Private placement: sponsor purchased 610,500 private placement units for $6,105,000 (sold simultaneously with IPO).
  - Representative shares stated in the filing: 395,000 (referenced in share-total disclosures).

- Shares and ownership snapshots included in filing
  - Example breakdown (reported in the filing): public shares 1,490,880; founder shares 3,243,590; private placement shares 610,500; representative shares 395,000; total 5,739,970 (this equals the issued and outstanding amount as of Dec 29, 2025).
  - Market value (reported): aggregate market value of the company’s voting and non-voting common stock held by non-affiliates as of March 31, 2025 was $14,835,000.

- Trust account, IPO proceeds and fees (stated facts)
  - The filing states funds available for a business combination initially in the amount of $115,575,000 assuming no redemptions (the filing also notes this figure includes up to $4,025,000 for the M&A fee payable to I‑Bankers).
  - M&A fee: the filing elsewhere states the M&A fee to I‑Bankers is 3.5% of the gross proceeds of the IPO; a finder’s fee of 1.0% of consideration issued to a target is also described for targets introduced by I‑Bankers.
  - 2025 Special Meeting / redemptions: on September 22, 2025 stockholders holding 10,009,120 shares exercised redemption rights for approximately $10.60 per share; the filing reports approximately $106.1 million was removed from the trust account to pay such holders, “leaving approximately $15.8 million remaining in the Trust Account” (as stated in the filing). The filing also references the trust-account per‑share amount initially anticipated at approximately $10.05 per public share.

- Employees, operations, customers, revenue and income (explicit statements)
  - Employees: the filing states the company “currently has two executive officers.”
  - Operations and customers: the company is a blank‑check company with no operating business; it states it has not commenced operations other than its formation and the IPO activities and has not selected any target business (the filing explicitly states there is no specific business combination under consideration).
  - Revenue and income: the filing states the company has no operating history and no revenues; there are no reported revenues or operating income in the descriptive portions provided.

- Other corporate facts called out in the filing
  - Emerging growth company: the company states it is an “emerging growth company” under the JOBS Act and expects to take advantage of the related reduced reporting requirements.
  - No audit/internal control attestation reported: the box regarding a 404(b) attestation by auditors is unchecked in the filing’s cover page protections.
  - Legal proceedings: the filing states there is no material litigation, arbitration or governmental proceeding currently pending against the company or any members of management in their capacities as such.

(Everything above is drawn only from the text provided in your Form 10‑K excerpt. No assumptions or outside information have been added.)

Tanico Inc. is a Nevada‑incorporated developer of adaptive educational/gaming applications for children ages 4–7 that monitor reactions to provide behavioral/psychological feedback to parents and, with parental consent, to professional child psychologists; principal office in Whitby, Ontario.

- Company name, incorporation, location
  - Tanico Inc., incorporated in Nevada on May 3, 2021.
  - Principal executive office: 387 Whitby Shores Greenway, Whitby, ON L1N 9R6, Canada.
  - Telephone: 1-775-404-0333.

- Business purpose / product offering (specific)
  - Develops children’s educational/gaming applications intended to: (a) encourage intellectual development for children ages 4–7, and (b) generate behavioral/psychological feedback for parents and, with parental consent, professional child psychologists.
  - Games produce scenarios and monitor child reactions to detect patterns; game levels adjust automatically by skill/ability.
  - No personal data are stored on company gaming servers; accounts are optional and tied to a parent email and/or unique ID/password. Parents who opt in receive regular feedback and, with consent, data can be shared with child psychologists.
  - Stated compliance focus: intends to comply with COPPA, HIPAA, Gramm‑Leach‑Bliley, Nevada security/privacy statutes, and other applicable privacy/tax regulations.

- Target customers and go‑to‑market
  - Primary target: parents of preschool children (ages 4–7).
  - Secondary target: professional child psychologists (with parental consent).
  - Distribution/deployment phases described: Phase 1 — software development (web, mobile); Phase 2 — deployment (Google Play, Apple, hosting website); Phase 3 — business development.
  - Marketing channels listed: company website, YouTube, social networks (Facebook, LinkedIn, Twitter); possible free trials / freemium model.

- Intellectual property / legal
  - Company does not own patents or trademarks.
  - Claims no current franchise agreements or material contractual obligations.
  - Web domain and IP protections handled by domain host.

- Facilities and employees
  - Does not own or rent facilities; operations conducted from office space provided free of charge by shareholder Nikita Fenev.
  - No employees other than officers. Officer time commitments reported:
    - President / CEO / CFO / Secretary / Director — Anton Mikhalev: ~20 hours/week.
    - Treasurer — Maria Tomskaia: up to ~12 hours/week.

- Governance
  - Board of Directors: small board; at least one director (President is a Director).
  - No independent directors; no separate audit, compensation or nominating committees — board handles those roles.
  - No audit committee financial expert.

- Customers, products and operations to date (specific statements in the filing)
  - The filing states: “The Company has developed and sold two games in packaged web‑based format, generating total revenue of $24,985.” (statement appears in MD&A/Activities to Date)
  - The audited financial statements report:
    - For the year ended September 30, 2025: revenue of $19,985 from the sale of a proprietary web‑based gaming application sold to a single commercial customer (transaction included transfer of ownership and related IP).
    - For the year ended September 30, 2024: revenue $0.
  - The filing also states the Company “has established its office and commenced operations, providing services to two customers to date.” (MD&A)

  Note: the filing contains both (a) the “two games / $24,985 total revenue” statement and (b) the audited financial statement line showing $19,985 revenue in 2025; both are reported in the document.

- Financial and capital summary (as reported; all amounts in U.S. dollars)
  - Cash (September 30, 2025): $20,000 (September 30, 2024: $9,611).
  - Revenue (year ended September 30, 2025): $19,985 (2024: $0).
  - Operating expenses (2025): $20,297 total — Professional fees $19,288; General & administrative $1,009.
  - Net loss (2025): $312 (Net loss for year ended Sept 30, 2024: $20,967).
  - Accumulated deficit (September 30, 2025): $65,879 (September 30, 2024: $65,567).
  - Current liabilities (September 30, 2025): $52,629 — Accounts payable and accrued expenses $8,099; Due to related party $44,530.
  - Related party loan balances (September 30, 2025): $26,739 due to President/related party Anton Mikhalev; $17,791 due to shareholder Nikita Fenev (total $44,530).
  - Cash provided by financing activities (2025): $10,701 (2024: $16,038).
  - Cash used in operations (2025): $312 (2024: $20,726).
  - Auditors issued a “going concern” explanatory paragraph (substantial doubt about ability to continue without additional capital).
  - The company reports it requires approximately $25,000 over the next 12 months (approx. $15,000 of which are legal/registration fees) to implement its plan of operations.

- Capitalization / shares / holders
  - Authorized common stock: 75,000,000 shares (par $0.001).
  - Issued and outstanding common shares (Sept 30, 2025): 7,825,000 shares.
  - Number of record holders (Sept 30, 2025): 34 shareholders of record.
  - Beneficial ownership example (reported): President Anton Mikhalev — 5,080,000 shares (64.9%); Treasurer Maria Tomskaia — 100,000 shares (1.29%). (Percentages based on 7,825,000 shares outstanding.)

- Customers / concentration
  - The filing indicates services provided to two customers to date and documents a sale to a single commercial customer in fiscal 2025 that generated $19,985 (see Revenue above). No ongoing contracts with that customer are reported.

- Other operational items and disclosures
  - No material commitments, off‑balance sheet arrangements, or environmental issues reported.
  - No paid cash dividends; none anticipated.
  - No employees beyond officers; no pension or executive compensation paid to officers through Sept 30, 2025.
  - Office provided at no cost by shareholder; management judged the in‑kind rent nominal and did not recognize rent expense.
  - The company states intent to be compliant with applicable privacy and consumer protection laws and to pursue app store distribution and web hosting when funded.

(End of summary — all items above are drawn from the provided Form 10‑K text; no hypothetical or unstated assumptions were added.)

Provided excerpt contains a table of contents and selected financial statement figures showing 2025 revenue of $45,942 and a 2025 net loss of $283,702; the excerpt contains no company description and does not report number of customers or employees.

# Summary of provided excerpt

- The excerpt is a table of contents for "PART I" of a filing/report (looks like an SEC-style filing).
- Listed sections and their page numbers:
  - ITEM 1 — BUSINESS (page 1)
  - ITEM 1A — RISK FACTORS (page 4)
  - ITEM 1C — CYBERSECURITY (page 8)
  - ITEM 2 — PROPERTIES (page 9)
  - ITEM 3 — LEGAL PROCEEDINGS (page 9)
  - ITEM 4 — MINE SAFETY DISCLOSURES (page 9)

What is not present in the provided text
- The excerpt contains no descriptive text about the company’s operations, products or services.
- There are no figures or statements for number of customers, number of employees, revenue, net income, or other financial or operational metrics.

If you want a company description with the specific details you requested (customers, employees, revenue, income), please paste the sections of the filing (e.g., the full ITEM 1 — BUSINESS and the financial statements or Management’s Discussion & Analysis) that contain those facts.

Medici List

Vertical Data Inc.

Filed: 2025-12-29

IB Acquisition Corp.

Filed: 2025-12-29

TANICO Inc.

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