Illumination Acquisition Corp I (Ticker: ILLUU US) is a Cayman Islands-domiciled Special Purpose Acquisition Company focusing on identifying growth companies within the nuclear, artificial intelligence, high-performance computing, technology, industrial growth, and financial services sectors. Illumination Acquisition Corp I plans to list its units on the Nasdaq Global Market on February 27, 2026, offering 20,000,000 units at a price of USD 10.00 per unit, raising a total offer size of USD 200.00 million.

According to sources, Illumination Acquisition Corp I plans to use the IPO proceeds for effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or a similar business combination with one or more businesses. Reportedly, each offered unit consists of one Class A ordinary share and one-third of one redeemable warrant, with whole warrants exercisable at USD 11.50 per share. Additionally, the company has granted the underwriters, managed solely by BTIG, LLC, a 45-day option to purchase up to an additional 3,000,000 units at the IPO price to cover any potential over-allotments.