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Illumination Acquisition Q2 FY26 net income rises to $1.93 million
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Illumination Acquisition Q2 FY26 net income rises to $1.93 million
  • Illumination Acquisition posted net income of USD 1.93 million for the three months ended May 31, 2026.
  • Profit was driven by USD 2.04 million of interest earned in the Trust Account, partly offset by USD 181,320 of formation, general and administrative costs.
  • Net income totaled USD 1.84 million for the six months ended May 31, 2026.
  • Cash and cash equivalents were USD 824,832 as of May 31, 2026, with a working capital surplus of USD 810,621.
  • Trust Account held USD 230 million following the March 2 IPO; deferred underwriting fees of USD 8.05 million remain payable on a business combination.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Illumination Acquisition Corp. I published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001206774-26-000355), on July 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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