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Invest Green Acquisition Corp (IGAC) Form 10-Q — May 15, 2026

$IGACForm 10-QFiled May 15, 2026, 4:16 PM ET0001213900-26-057776Original filing

Invest Green Acquisition Corporation reported net income of $1.33 million for the quarter ended March 31, 2026, driven primarily by $1.52 million in interest earned on marketable securities held in its trust account. This income was partially offset by $195,006 in operating costs, resulting in a shareholders' deficit of $7.02 million. The company holds $174.6 million in its trust account, which is reserved for a future business combination that has not yet been identified. Outside the trust account, the company maintains $705,191 in cash, supplemented by a $3.5 million convertible working capital note from its sponsor, of which $896,740 has been drawn to date.

Key figures

Eps
0.06
Net Income
1330316
Total Debt
896740
Total Assets
175515827
Cash Position
705191
Operating Costs
195006
Trust Account Balance
174617842
Trust Interest Income
1522020
Working Capital Note Capacity
3500000
Working Capital Note Outstanding
896740

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    Invest Green Acquisition Corp (IGAC) Form 10-Q — May 15, 2026: AI Analysis | Signal8