Exhibit 107
Calculation of Filing Fees Table
Schedule TO
(Form Type)
International Baler Corporation
(Name of Subject Company (Issuer))
AIC Merger Sub, Inc.
(Name of Filing Persons (Offeror))
Avis Industrial Corporation
(Name of Filing Persons (Parent))
Table 1
Transaction Valuation
| Transaction Valuation | Fee Rate | Amount of Filing Fee | ||||||||||
| Fees to Be Paid | $ | 1,703,002.38 | (1) | 0.0000927 | $ | 157.87 | (2) | |||||
| Fees Previously Paid | ||||||||||||
| Total Transaction Valuation | $ | 1,703,002.38 | ||||||||||
| Total Fees Due for Filing | $ | 157.87 | ||||||||||
| Total Fees Previously Paid | $ | 0.00 | ||||||||||
| Total Fee Offsets | $ | 0.00 | ||||||||||
| Net Fee Due | $ | 157.87 | ||||||||||
Table 2
Fee Offset Claims and Sources(3)
| Registrant or Filer Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Claim Offset | Fee Paid with Fee Offset Source | ||||||||
| Fee Offset Claims | ||||||||||||||
| Fee Offset Sources |
| (1) | Estimated solely for the purpose of calculating the filing fee for this transaction in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), based on the product of (i) $1.74, the cash payment tendered under the transaction reported hereby for each share of the common stock of International Baler Corporation, par value $0.01per share (the “Common Stock”), and (ii) 978,737, the maximum number of shares of the Common Stock subject to the transaction reported hereby, which represents all of the outstanding Common Stock that is not owned by Avis Industrial Corporation or its affiliates. |
| (2) | The amount of the filing fee calculated in accordance with the Exchange Act equals $92.70 for each $1,000,000 of value. The filing fee was calculated in accordance with Rule 0-11 under the Exchange Act. |
| (3) | The Filer does not have any fee offsets. |
