ILLU
Illumination Acquisition Corp I
Pulse
43
↓Late report
0–100 vitality — and a read on how the book feels about this shell.
% done
8%
Path to close
Price
$9.97
Mkt 311.98M
What is Pulse?
SPAC Pulse measures the current vitality of a deal on a 0–100 scale. A new IPO starts near 50 — a healthy heart with room both ways. It is not weakening just because nothing has printed yet. Weakening is a tag for a slowing beat (stalling cadence), not a quiet shell. 10-Q / 10-K on time is a good beat; an NT is a deficiency. File the report late, then file the NT late, and Pulse falls — that is how public investors read whether management is on top of the shell. Filing recovers some of it. It never pretends the miss did not happen. When other new IPOs file that window on time, they are no longer equal — those shells are healthier. High readings mean the deal book is accelerating; low readings flag life-support risk. Full methodology lives on the desk.
Rate + Lead II · 25 mm/s
Pulse Timeline
Top trace is the Pulse rate. Bottom is the filing lead — R-wave when the rate lifts, QS when it slows. Height is the change.
- 02-27 IPO
- 04-14 10-Q
- 07-15 10-Q
- 10-07 Now
Auto interpretation · Lead II printoutSinus bradycardiaPulse 43
Gaps are stretching. Still a pulse, just slow. Not the same as life support.
Silent —Beats/90d 0Recent gap —
Marks on this strip
- 02-2752IPO. New heart. Baseline, room both ways.
- 04-1451 ↓110-Q. Periodic report. Pulse -1 — calendar, not the S-4.
- 07-1550 ↓110-Q. Periodic report. Pulse -1 — calendar, not the S-4.
- 10-0743 ↓7Now. Late report. Calendar miss, not a rest day. -7
Impression: last filing printed 50. Live Pulse is 43. Late report. Calendar miss, not a rest day. -7
Unconfirmed machine read · not medical advice · not financial advice
Historical context
Listed shell in the archive
Precedent from 44 names in the Pulse archive (closed, liquidated, and broken deals). Archive base rate is one input; live beat speed then moves Pulse. Not a forecast.
- Close rate
- 80%
- Median days left
- 335
- Archive n
- 44
Status
Listed
Exchange
Nasdaq
Rights
No
Warrants
1/3
CIK
0002101135
IPO date
2026-02-27
Market cap
311.98M
Days to deadline
—
SEC tickers
ILLU, ILLUU, ILLUW
Sponsor
—
S-4 / F-4 filer
SPAC (typical)
Fiscal year
November 30
Next filing
10-Q 2026-10-14
Vote
—
Schedule
What is due next
- Fiscal year
- Ends November 30 · 10-Q cover
- This window
- 10-Q due 2026-07-14 · late
- Next due
- 10-Q 2026-10-14Period 2026-08-30
- Pulse
- -8 · recovered some · no NT
10-Q for period ended 2026-05-30, due 2026-07-14. 10-Q 2026-07-15 — 1d late (+6 for filing). Health haircut -14 for missing the deadline.
Peers who filed on time: +6. This name: -8. Once the window closed they were no longer equal — the others are healthier.
Meetings
No shareholder meeting dated in the Q&A or calendar.
Price history
Delayed exchange prints — common, rights, units, warrants when listed. Last price is in the header. This tape does not move Pulse.
Loading quotes…
Loading chart…
S-4 amendment timeline
Shrinking gaps mean the deal is progressing. The tag says whether that filing cleared a checklist, dropped a hurdle, or repriced the deal.
Deal book
On file
No S-4 / F-4 on file. Still a search.
10-Q / 10-K
Open
10-Q for period ended 2026-05-30, due 2026-07-14. 10-Q 2026-07-15 — 1d late (+6 for filing). Health haircut -14 for missing the deadline.
Your notes
Saved on this device only.
Journal
Latest journal
2026-08-24
SAMO files Q1 10-Q, reports $28k net loss from Jan 27 inception to Mar 31
Pre-IPO period shows $21.8k cash, $50k sponsor note, and $574k total liabilities against $571k assets.
2026-08-31
BCCQ 425 outlines $2.3B Ursa Major combination, $1.6B pre-money
Form 425 communication filed 31 Aug 2026 discloses proposed business combination terms and PIPE.
2026-08-31
BCCQ 425 details proposed Ursa Major combination at $1.6B consideration
Form 425 filed August 31 communicates terms of the business combination with Ursa Major Technologies, Inc. Registration statement on Form S-4 to follow.
2026-08-31
BCCQ 425 outlines Ursa Major deal at $2.3 billion equity value
Form 425 communication filed Aug. 31 details proposed combination with Ursa Major Technologies and related PIPE commitments.
- BCCQ 425 files on proposed Ursa Major combinationBCCQ · 2026-08-31
- HVII 425: ONE Nuclear executes binding LOI for 2.88 GW Project CaymanHVII · 2026-08-31
- BREZ Audit Committee concludes May 14, 2026 balance sheet cannot be relied upon; restatement requiredBREZ · 2026-08-31
- OCAC dismisses YCM CPA INC., appoints HYYH CPA. LLCOCAC · 2026-08-31
- SAMO Units separate; Class A shares and warrants begin individual trading on NYSESAMO · 2026-08-31