Invest Green Acquisition Boosts Liquidity with Sponsor Promissory Note

Invest Green Acquisition Corporation Class A ( (IGAC) ) has shared an update.

On February 17, 2026, Invest Green Acquisition Corporation issued an unsecured, interest-free promissory note for $3,500,000 to its sponsor, IG SPAC Sponsor LLC, effective as of December 1, 2025, with repayment due upon completion of a business combination. The sponsor may convert any outstanding balance under the note into working capital units at $5.00 per unit, each unit comprising one Class A ordinary share and a right to a fraction of a share, mirroring the terms of private placement units sold in the company’s November 26, 2025 initial public offering, thereby providing additional flexibility in financing its merger efforts.

The promissory note strengthens the SPAC’s liquidity position as it advances toward identifying and closing a business combination, aligning the sponsor’s interests with future equity performance rather than short-term cash repayment. By allowing conversion into equity-linked units rather than charging interest, the arrangement limits immediate cash obligations for the company while potentially diluting equity upon conversion, a trade-off typical in SPAC financing structures that stakeholders will monitor as the deal process progresses.

More about Invest Green Acquisition Corporation Class A

Invest Green Acquisition Corporation is a special purpose acquisition company (SPAC) that raised capital through an initial public offering to pursue a business combination. The company’s structure focuses on completing an initial business combination, with financing arrangements and sponsor support designed to fund working capital needs until a transaction is consummated.

Average Trading Volume: 51,709

Current Market Cap: $179.9M

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