IACO · Idea Acquisition Corp. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern considerations in accordance with ASC 205-40, management evaluated the Company's liquidity and mandatory liquidation date. Management determined that the Company's projected cash flows and mandatory liquidation date raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these unaudited condensed financial statements are issued. Management's plans are discussed above; however, there can be no assurance that such plans will be successfully implemented.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-03-27 | Idea Tender LLC |
Director, 10% Owner |
Other↓
Filing footnotes — Class B Ordinary Shares (Direct)
The Class B ordinary shares are convertible for the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-291010) (the "Registration Statement") and have no expiration date. On March 27, 2026, Idea Tender LLC forfeited at no cost 1,312,500 Class B Ordinary Shares of the Issuer in connection with the expiration of the option grated to the underwriters of the Issuer's initial public offering of units to cover any over-allotments. Idea Tender LLC is the record holder of the securities reported herein. Trevor Harries-Jones and Ryan Shea are the managing members of Idea Tender LLC. Each of Messrs. Harries-Jones and Shea has voting and investment discretion with respect to the securities held of record by Idea Tender LLC. |
Class B Ordinary Shares
|
1,312,500 |