Invest Green Acquisition Corporation(NASDAQ) IGAC

This company helps private businesses join the public stock market. It holds a large pool of money to buy another business. The team searches for a partner company to merge with soon.

The Search for a Partner

• Trust Account: Maintains funds for a future business acquisition; held $174.6 million as of March 2026.
• Nasdaq Listing: Provides a platform for private companies to trade publicly through a merger.
• Capital Access: Offers cash proceeds from its initial public offering to a target business.

Growth and Funding

• Completed an initial public offering of 17.25 million units on November 26, 2025.
• Established a $3.5 million working capital loan from IG SPAC Sponsor LLC in February 2026.
• Partnered with Cohen & Company Capital Markets to manage the public stock sale.

What Makes it Different?

Invest Green is a blank check company, meaning it has no business operations of its own yet. It uses its cash reserves to merge with a private firm and take it public.

The Quarterly Scorecard

• Net income reached $1.33 million for the quarter ended March 31, 2026.
• Trust account assets totaled $174.6 million at the end of March 2026.
• Operating costs were $195,006 during the first three months of 2026.
• The company had $705,191 in cash outside of its trust account on March 31, 2026.
• Working capital deficit stood at $173,151 as of March 31, 2026.

Bottom Line

Invest Green has transitioned from a fundraising entity to an active search firm. It currently manages a significant cash pool while evaluating potential merger targets for its public market debut.