Idea Acquisition Corp. (Ticker: IACOU US) is a Cayman Islands-incorporated special purpose acquisition company (SPAC) focused on the artificial intelligence sector. The company plans to list on the NASDAQ Global Market on February 11, 2026. It priced its IPO on February 10, 2026, offering 35 million units at a price of $10.00 per unit, raising $350 million in gross proceeds. At this pricing, the company reportedly commands a market capitalization of approximately $437.50 million.

Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. The company intends to search for target businesses involved in software that leverages large language models (LLMs) or other AI tools, specifically looking for companies at the intersection of AI infrastructure and applied solutions, such as platforms, hosting infrastructure, and model creators. Cantor Fitzgerald & Co. served as the sole book-running manager for the offering, with Odeon Capital Group LLC acting as co-manager. According to filings, the company plans to use the IPO proceeds to effect a merger, share exchange, asset acquisition, or similar business combination.