Illumination Acquisition Corp. I (ILLUW)
Illumination Acquisition Corp. I (ILLUW)
| Cash Flow | 2026-05-31 |
|---|---|
| Net income | 1,837,551 |
| Payment of formation, general and administrative costs through advances from related party | 12,445 |
| Payment of formation, general and administrative costs through promissory note - related party | 31,754 |
| Interest earned on marketable securities held in trust account | 2,037,464 |
| Referral fee | -23,000 |
| Prepaid expenses | 61,040 |
| Prepaid insurance | 109,375 |
| Accrued expenses | 78,504 |
| Net cash used in operating activities | -270,625 |
| Investment of cash in trust account | 230,000,000 |
| Net cash used in investing activities | -230,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 225,400,000 |
| Proceeds from sale of private placement units | 6,250,000 |
| Proceeds from promissory note - related party | 117,000 |
| Repayment of promissory note - related party | 173,808 |
| Payment of offering costs | 497,735 |
| Net cash provided by financing activities | 231,095,457 |
| Net change in cash equivalents | 824,832 |
| Cash equivalents end of period | 824,832 |