Every material Form 8-K Illumination Acquisition Corp. I has filed with the SEC since March 02, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Effective April 13, 2026, the board of Illumination Acquisition Corp I appointed John DeMarais as Chief Operating Officer. DeMarais, a director in investment banking at Lucid Capital Markets, has worked on over 20 SPAC transactions, which the filing describes as relevant experience for the role.
Appointment effective April 13, 2026, reported in an 8-K dated April 14, 2026
DeMarais joined Lucid Capital Markets, LLC in April 2025 as a Director in investment banking
Prior roles include Craig-Hallum Capital Group (February 2021 to April 2025) and Ernst & Young (August 2017 to February 2021)
Company will enter a standard form indemnification agreement with DeMarais; no related-party transactions disclosed
On March 2, 2026, Illumination Acquisition Corp I, a blank check company, completed its initial public offering of 23,000,000 units at $10.00 per unit, for gross proceeds of $230,000,000, including the full exercise of the underwriters' over-allotment option. The company also sold 625,000 private placement units for $6,250,000 to its sponsor and BTIG, LLC. The IPO proceeds are held in a trust account and can be released only for a business combination or redemption of public shares; the company has not yet selected a target, so shareholders have no operating business yet.
23,000,000 units sold at $10.00 each on March 2, 2026, including 3,000,000 over-allotment units, for $230,000,000 in gross proceeds
625,000 private placement units sold at $10.00 each for $6,250,000 to the sponsor and BTIG, LLC
$230,000,000 placed in a trust account; the company has 24 months from the IPO closing to complete a business combination and has not selected a target
Illumination Acquisition Corp I, a company formed to pursue a business combination, had its IPO registration declared effective on February 26, 2026, and priced 20,000,000 units at $10.00 per unit, or $200,000,000 in total. The offering is expected to close on March 2, 2026, and four independent directors were appointed to the board the same day, with the company also adopting an amended and restated charter. The filing mainly files executed agreements and the amended charter, and the company's press release says it has not yet named a target, with a focus on growth companies in sectors including nuclear, artificial intelligence/high performance computing, technology, industrial growth and financial services.
Priced 20,000,000 units at $10.00 each, or $200,000,000, per the February 26, 2026 press release
Units expected to trade on Nasdaq as ILLUU from February 27, 2026; Class A shares and warrants to trade as ILLU and ILLUW once separated
Offering expected to close March 2, 2026; BTIG, LLC is sole book-running manager, with a 45-day option for up to 3,000,000 additional units
Directors James Manning, Paul Mann, Anthony DiGiandomenico and Eric Helenek appointed February 26, 2026, all stated as independent
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Illumination Acquisition Corp. I filing is on SEC EDGAR ↗. 8-K briefs of other companies →