{"url_path":"/sec/igac/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2075068/0001213900-26-057776-index.html","accession_number":"0001213900-26-057776","cik":"0002075068","ticker":"IGAC","issuer_name":"Invest Green Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/2075068/0001213900-26-057776-index.html","primary_entity_key":"0002075068","primary_entity_name":"Invest Green Acquisition Corp"},"word_count":281,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds.\n\n \n\nOn November 26, 2025, we consummated the initial public offering of\n17,250,000 units, which included the full exercise by the underwriters of their over-allotment option in the amount of 2,250,000 units,\nat $10.00 per unit, generating gross proceeds of $172,500,000. Cohen & Company Capital Markets acted as the lead book-running manager\nof the initial public offering. The securities in the offering were registered under the Securities Act on registration statement on Form\nS-1 (No. 333-288875). The Securities and Exchange Commission declared the registration statements effective on November 25, 2025.\n\n \n\nSimultaneously with the closing of the initial\npublic offering, we consummated the sale of 870,000 private placement units at a price of $5.00 per private placement unit, in a private\nplacement to our sponsor and the underwriters, generating gross proceeds of $4,350,000. Each private placement unit consists of one private\nplacement share and one private placement right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial\nbusiness combination. The issuance was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities\nAct.\n\n \n\nOf the gross proceeds received from the initial\npublic offering, the exercise of the over-allotment option and the private placement units, an aggregate of $172,500,000 was placed in\nthe trust account.\n\n \n\nWe incurred a total transactions costs of $11,007,737,\nconsisting of $3,450,000 of cash underwriting fee, $6,900,000 of deferred underwriting fee, and $657,737 of other offering costs related\nto the Initial Public Offering.\n\n \n\nFor a description of the use of the proceeds\ngenerated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q."}