Idea Acquisition Corp. completes IPO of 35M units at $10, raising $350M in trust

Idea Acquisition Corp.

IPO of 35,000,000 units at $10.00 each for gross proceeds of $350,000,000.
Private placement of 6,000,000 warrants at $1.50 each to Sponsor and underwriters raises $9,000,000.
Total $350,000,000 placed in trust account; company has 24 months to complete business combination.
Balance sheet shows $350M trust cash, $15M liabilities (incl. $14M deferred underwriting fee), and shareholder deficit of $15M.

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