For Q2 FY2026 ended May 31, 2026, Illumination Acquisition Corp. I reported net income of $1,925,144, an operating loss of $181,320, and cash of $824,832. Stockholders' equity was negative $7,192,504. No revenue was reported.
•Net income of $1,925,144 for Q2 FY2026.
•Operating loss of $181,320.
•Cash balance of $824,832 as of May 31, 2026.
•Negative stockholders' equity of $7,192,504.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Illumination Acquisition Corp I focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the nuclear, artificial intelligence/high performance computing, technology, industrial growth, and financial services industries. The company was incorporated in 2025 and is based in New York, New York.
Illumination Acquisition Corp I is a blank check company, also known as a special purpose acquisition company (SPAC), that focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company targets opportunities in the nuclear, artificial intelligence/high performance computing, technology, industrial growth, and financial services industries. As a shell company, it does not currently have its own operations or revenue; its purpose is to identify and combine with a private company to take it public. The company was incorporated in 2025 and is based in New York, New York.
On which exchange is Illumination Acquisition Corp I listed and what currency does it trade in?
Illumination Acquisition Corp I is listed on the Nasdaq Capital Market (NasdaqGM) under the ticker symbol ILLU. Its securities trade in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. Being listed on Nasdaq provides the company with visibility among institutional and retail investors, and it must comply with Nasdaq's listing requirements, including corporate governance and financial reporting standards.
What sector and industry does Illumination Acquisition Corp I belong to?
Illumination Acquisition Corp I operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, often formed to raise capital through an initial public offering (IPO) with the intent to acquire or merge with an existing private company. In this case, the company is a SPAC specifically targeting businesses in nuclear, AI/high performance computing, technology, industrial growth, and financial services. As a shell company, it does not generate revenue from operations but holds cash in trust until a business combination is completed.
Where is Illumination Acquisition Corp I headquartered and what is its geographic focus?
Illumination Acquisition Corp I is headquartered in New York, New York, United States. While the company is based in the US, its business combination strategy is not limited to a specific geography; it seeks to merge with one or more businesses in the nuclear, artificial intelligence/high performance computing, technology, industrial growth, and financial services industries, which could be located anywhere globally. However, as a US-listed SPAC, it primarily targets companies that would benefit from a US public listing and access to capital markets.
What is the business model of Illumination Acquisition Corp I?
Illumination Acquisition Corp I operates as a blank check company, meaning its business model is to raise capital through an initial public offering (IPO) and then use those funds to acquire or merge with an existing private company. The company does not have any current operations or revenue; its sole purpose is to identify a target business in the nuclear, AI/high performance computing, technology, industrial growth, or financial services sectors and complete a business combination. Once a merger is finalized, the combined entity typically becomes a publicly traded operating company. The company's management team is responsible for sourcing and evaluating potential targets, and shareholders may have the opportunity to vote on the proposed combination. If no suitable acquisition is completed within a specified timeframe, the company may be dissolved and the trust funds returned to shareholders.