Idea Acquisition Corp. is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands and headquartered in Los Angeles, California. As a blank check company, it has no active business operations and generates no operating revenue. Its sole business model is to identify and complete a business combination—such as a merger, amalgamation, share exchange, or asset acquisition—with a private operating company, thereby taking the target company public. While the company may pursue an acquisition opportunity in any business, industry, sector, or geographical location, it intends to focus its search on companies operating within the software vertical that leverage large language models (LLMs) or other artificial intelligence (AI) tools. The company raised $350 million in its initial public offering in February 2026, with the proceeds placed in a trust account to fund a future transaction. Until a business combination is successfully completed, Idea Acquisition Corp. remains a pre-deal shell company.