Neutral
Business Wire
2 months ago
Illumination Acquisition Corp I Announces Closing of $230,000,000 Initial Public Offering, Including Full Exercise of Underwriter's Over-Allotment Option
NEW YORK--(BUSINESS WIRE)--Illumination Acquisition Corp I (Nasdaq: ILLUU) (the “Company”) announced today that it closed its initial public offering of 23,000,000 units, including the full 3,000,000 units subject to the underwriter's over-allotment option, at $10.00 per unit. The offering resulted in gross proceeds to the Company of $230,000,000. The Company's units are listed on the Nasdaq Global Market (“Nasdaq”) and commenced trading under the ticker symbol “ILLUU” on February 27, 2026. Eac.