Illumination Acquisition Corp. I Form 10-Q — Oct 13, 2026
Illumination Acquisition Corp I filed its 10-Q for the quarter ended August 31, 2026, reporting net income of $2.0 million for the quarter and $3.8 million for the nine months, driven by $4.1 million of interest earned on the $234.1 million Trust Account. The SPAC completed a $230 million IPO on March 2, 2026 (including full over-allotment exercise) plus $6.25 million in private placement units, with BTIG as sole book-running manager.
Key figures
- Eps
- 0.16
- Revenue
- 0
- Net Income
- 3843507
- Total Debt
- 0
- Total Assets
- 235105016
- Cash Position
- 819260
- Units sold
- 23000000
- Net income q3
- 2005956
- Ipo gross proceeds
- 230000000
- Completion window end
- March 2, 2028
- Trust account balance
- 234129285
- Total transaction costs
- 13260344
- Warrants exercise price
- 11.5
- Working capital surplus
- 740381
- Deferred underwriting fee
- 8050000
- Private placement proceeds
- 6250000
AI analysis
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