Invest Green Acquisition Corporation

What they do

The company has no operations and has generated no revenues to date. Its only activities since inception have been organizational work, its November 2025 initial public offering, and identifying a target for an initial business combination. It is targeting businesses in renewable energy, sustainable finance and nuclear energy that support the clean energy transition.

Revenue drivers

• Trust account interest income — The only current source of income; earned $3,067,637 on marketable securities held in the trust account for the six months ended June 30, 2026, plus $7,814 of bank interest income.
• Initial business combination — No operating revenue is expected unless and until a merger, share exchange, asset acquisition or similar transaction is consummated; no target has been selected.
• Sponsor and underwriter private placement — Generated $4,350,000 of gross proceeds from 870,000 private placement units sold at $5.00 per unit to IG SPAC Sponsor LLC and Cohen & Company Securities, LLC alongside the IPO.

Recent performance

For the three months ended June 30, 2026, the company reported net income of $1,304,225, consisting of $1,545,617 of trust account income and $4,512 of bank interest, offset by $245,904 of general and administrative expenses. For the six months ended June 30, 2026, net income was $2,634,541, with $3,067,637 of trust account income and $7,814 of bank interest, offset by $440,910 of general and administrative expenses. For the period from April 7, 2025 (inception) through June 30, 2025, the net loss was $42,482, all general and administrative expenses. As of June 30, 2026, total assets were $177.0 million, total liabilities $8.1 million, and shareholders' equity was negative $7.3 million, with cash and equivalents of $669,779.

Strategy

Management intends to identify and combine with a company driving clean energy, sustainable solutions and emissions reduction, prioritizing targets that expand access to reliable power and improve sustainability of products and industries. The company intends to fund a combination using IPO and private placement proceeds, its shares, debt, or a combination. It cites management and advisor experience at Invest.Green, Fidelity Investments, Microsoft Corporation, Robinhood Financial LLC and LONGi Green Energy Technology as sourcing and structuring advantages. No specific target business has been selected as of the 10-K, and no substantive discussions with any target had begun.

Risks

• No operating history or revenues — The company has no operating results and may never generate operating revenues if it fails to complete an initial business combination.
• No target identified — As of the 10-K, the company had not selected a specific target business or engaged in any substantive discussions with a potential target.
• Shareholder vote may not occur — The company may choose not to hold a shareholder vote on a business combination, and founder shares would participate in any vote, so a combination could be completed despite majority public shareholder opposition.
• Negative shareholders' equity — As of June 30, 2026, total liabilities of $8.1 million exceeded total assets less equity, leaving shareholders' equity of negative $7.3 million.

Outlook

Management expects to continue incurring significant costs while pursuing an acquisition and does not expect operating revenues until after a business combination is completed. The company's trust account holds $176,850,000 and is restricted to U.S. government securities, money market funds and similar instruments until a combination closes or funds are distributed to shareholders. No timeline or specific transaction has been disclosed.