AIB

Ps International Group Ltd.

A special purpose acquisition company (SPAC) — a "blank check" shell formed in 2021 to raise money through an IPO and later merge with an existing business — AIB Acquisition Corporation was created to hunt for a fintech target. In July 2024 it merged with PSI Group Holdings, a Hong Kong freight forwarder arranging air and ocean shipments for e-commerce merchants; the combined firm now trades on the Nasdaq as PS International Group. The "AIB" in its name has no documented meaning — a common quirk among SPACs.

Class A Ordinary Shares — Merged with PS International Group in July 2024; now trades as PSIG