Wall Street Zen upgraded shares of Illumination Acquisition Corp I (NASDAQ:ILLUU – Free Report) to a hold rating in a research note issued to investors on Saturday morning.
Illumination Acquisition Corp I Stock Down 0.2%
NASDAQ:ILLUU opened at $9.90 on Friday. Illumination Acquisition Corp I has a one year low of $9.90 and a one year high of $9.99.
About Illumination Acquisition Corp I
Illumination Acquisition Corp I (NASDAQ: ILLUU) is a publicly listed special purpose acquisition company (SPAC) formed to effect a business combination with one or more operating businesses. As a blank?check vehicle, its primary purpose is to raise capital in the public markets and use those proceeds, together with any additional financing, to acquire or merge with a private company that will thereby become publicly traded through the combination.
The company raises funds through an initial public offering and typically places IPO proceeds into a trust account pending completion of a qualifying business combination.
Featured Stories
- Five stocks we like better than Illumination Acquisition Corp I
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Receive News & Ratings for Illumination Acquisition Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Illumination Acquisition Corp I and related companies with MarketBeat.com's FREE daily email newsletter.
