UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported)		October 27, 2009

Ideation Acquisition Corp.

(Exact Name of Registrant as Specified in Its Charter)


Delaware	001-33800	77-0688094

(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


1105 N. Market Street, Suite 1300, Wilmington, Delaware		19801

(Address of Principal Executive Offices)		(Zip Code)

(310) 694-8150

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item 8.01.~~o ~~Other~~Soliciting ~~Events~~material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240. 14a-12)

Ono ~~October 27,~~Pre-commencement ~~2009,~~communications ~~Ideation~~pursuant ~~Acquisition~~to ~~Corp.~~Rule 14d-2(~~“Ideation”~~b) issued a press release announcing that its stockholders have approved all proposals related to the acquisition of SearchMedia International Ltd. at its special meeting of stockholders on October 27, 2009. The transaction is expected to close on or about October 30, 2009, subject to the satisfaction or waiver of all closing conditions. Upon completion of the acquisition, Ideation will change its name to SearchMedia Holdings Limited and its common stock, units and warrants will continue to trade on the NYSE Amex under the ~~ticker~~Exchange ~~symbols~~Act ~~IDI,~~(17 ~~IDI.U,~~CFR ~~and IDI~~240.~~WS, respectively. A copy of the press release described above is attached hereto as Exhibit 99.1 and incorporated herein by reference.~~ 14d-2(b))


o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On October 27, 2009, at a special meeting of the stockholders of Ideation Acquisition Corp. (“Ideation”), the stockholders of Ideation approved an amendment to Section D of Article Sixth of Ideation’s Amended and Restated Certificate of Incorporation to provide conversion rights to holders of shares issued in Ideation’s initial public offering upon approval of the business combination with SearchMedia International Limited, regardless of whether such holder votes for or against the business combination. On October 27, 2009, Ideation filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Amended and Restate Certificate of Incorporation. A copy of the Certificate of Amendment is filed as Exhibit 3.1 to this report and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d)

Exhibits.

993.1 ~~Press~~Certificate ~~Release~~ of Amendment to Ideation’s ~~Acquisition~~Amended ~~Corp.,~~and ~~dated~~Restated asCertificate of Incorporation, filed on October 27, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 27, 2009	IDEATION ACQUISITION CORP.
Dated: October 29, 2009	IDEATION ACQUISITION CORP.
	/s/ Robert N. Fried
	Robert N. Fried
	President and Chief Executive Officer

INDEX TO EXHIBITS

Exhibit No.		~~Description~~	Description
99.1		Press Release of Ideation Acquisition Corp., dated as of October 27, 2009.
	3.1		Certificate of Amendment to Ideation’s Amended and Restated Certificate of Incorporation, filed on October 27, 2009.

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