Isramco Stock Price, News & Analysis

Israel Acquisitions Corp (NASDAQ: ISRL) is a Cayman Islands exempted company organized as a special purpose acquisition company (SPAC). According to its public disclosures, the company was formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. ISRL’s securities, including its Class A ordinary shares (ISRL), units (ISRLU) and redeemable warrants (ISRLW), are listed on The Nasdaq Stock Market LLC.

Israel Acquisitions Corp focuses its search on high‑growth technology companies that are domiciled in Israel, or that conduct a substantial portion of their activities in Israel or have another significant Israeli connection. This focus is described in multiple company communications and reflects its strategy to identify a target operating in the Israeli technology ecosystem.

Business purpose and structure

As a blank‑check company, Israel Acquisitions Corp does not have an operating business of its own. Instead, its stated objective is to complete an initial business combination within a defined timeframe set out in its memorandum and articles of association and related trust agreement. The company raised capital in its initial public offering and deposited proceeds into a trust account, to be used in connection with a future business combination or returned to public shareholders if no transaction is completed within the allowed period.

The company’s filings describe a series of amendments to its governing documents and trust agreement to extend the date by which it must consummate a business combination. These extensions are intended to provide additional time to complete a transaction while also giving shareholders the option to redeem their public shares in accordance with the company’s charter and applicable securities laws.

Target focus and transaction history

Israel Acquisitions Corp has disclosed that it intends to concentrate on Israeli high‑growth technology businesses. In its public communications, the company has described two notable transaction processes:

• A business combination agreement with Pomvom Ltd., a technology company that develops and provides experiential documentation solutions to the global amusement parks and attractions market. This agreement was later terminated by mutual consent, as disclosed in a joint press release and related Form 8‑K filing.
• A business combination agreement with Gadfin Ltd. (also referred to as Gadfin Aero‑Logistics Systems), an Israeli technology company specializing in all‑weather, long‑range unmanned aerial delivery for essential cargo. Israel Acquisitions Corp and Gadfin entered into a definitive business combination agreement under which a new Israeli company (NewPubco) and merger subsidiaries are expected to be formed, and ISRL would become a wholly owned subsidiary of NewPubco upon completion of the mergers, as described in the company’s proxy materials and Form 8‑K filings.

The Gadfin business combination agreement and subsequent amendment outline a transaction structure involving an acquisition merger with Gadfin and a merger of Israel Acquisitions Corp into a Cayman subsidiary of NewPubco. The filings describe customary representations, covenants, closing conditions and termination rights, including provisions related to underwriting fee waivers and advisory arrangements.

Listing status and Nasdaq developments

Israel Acquisitions Corp has reported that it is an emerging growth company under U.S. securities laws. Its securities have been listed on The Nasdaq Stock Market LLC. In a Form 8‑K dated January 13, 2026, the company disclosed that Nasdaq issued a press release pursuant to Nasdaq Listing Rule 5830 and Rule 12d2‑2 of the Securities Exchange Act of 1934 regarding the planned delisting of the company’s Class A ordinary shares, units and warrants. The filing states that Nasdaq plans to delist these securities and that the delisting will become effective ten days after Nasdaq files a Form 25. This disclosure indicates a regulatory process toward removal of ISRL’s securities from Nasdaq, as described in that Form 8‑K.

Corporate governance and shareholder actions

In its definitive proxy statement on Schedule 14A, Israel Acquisitions Corp describes extraordinary general meetings of shareholders convened to consider amendments to its memorandum and articles of association and its investment management trust agreement. These proposals include extending the date by which the company must complete a business combination, adjusting the trust agreement to accommodate such extensions, and authorizing adjournments of shareholder meetings if more time is needed to solicit votes.

The proxy materials explain that the purpose of these extensions is to allow Israel Acquisitions Corp additional time to complete an initial business combination and to provide shareholders with choices: those who wish to redeem their public shares may do so in connection with the extension, while those who prefer to remain invested can support continued efforts to complete a transaction.

Relationship with Gadfin Ltd.

Public press releases and SEC filings describe Gadfin Ltd. as an Israeli technology company specializing in all‑weather, long‑range, heavy‑duty drone delivery for essential cargo, powered by hydrogen fuel cells. According to these disclosures, Gadfin’s unmanned aerial vehicles are designed to deliver medical supplies and other cargo over long distances and in harsh weather conditions, with applications in both civil uses and combat zones. The business combination agreement between Israel Acquisitions Corp and Gadfin contemplates that, following completion of the transaction, the combined company will trade on Nasdaq through NewPubco, with Gadfin’s existing management operating the combined business.

Israel Acquisitions Corp’s filings also describe a letter agreement and advisory agreement with BTIG, LLC, under which BTIG agreed to waive a deferred underwriting commission in exchange for an advisory fee payable upon closing of the Gadfin transaction. These agreements are part of the broader capital markets and transaction structure associated with the proposed Gadfin business combination.

Regulatory filings and investor information

As a SPAC listed on Nasdaq, Israel Acquisitions Corp files periodic and current reports with the U.S. Securities and Exchange Commission, including Forms 10‑K, 10‑Q, 8‑K and proxy statements. These documents provide details on its trust account arrangements, extension mechanisms, potential business combinations, and Nasdaq listing matters, including deficiency notices and the planned delisting process described in its January 13, 2026 Form 8‑K.

Investors researching ISRL can review these filings to understand the company’s structure as a blank‑check entity, the terms of its proposed business combination with Gadfin, the history of its terminated agreement with Pomvom, and the status of its Nasdaq listing. Because Israel Acquisitions Corp is a SPAC rather than an operating company, its long‑term value to shareholders depends on the outcome of its business combination efforts and any subsequent corporate reorganization into NewPubco as described in its SEC filings.