Here are the 10-Q quarterly reports from Israel Acq Corp A (ISRLF) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ISRLF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ISRLF filings page.
Israel Acquisitions Corp, a Cayman Islands blank check company, reports that as of June 30, 2026 it remains pre-revenue and focused on finding a business combination target. Cash and marketable securities in its Trust Account totaled $6,408,729, down from $9,933,329 at December 31, 2025, primarily due to the redemption of 295,860 Class A shares for $3,683,102. Only 502,072 Class A shares are now subject to redemption.
The company recorded a six‑month net loss of $237,978, driven mainly by legal, accounting, listing and insurance expenses, partially offset by $133,901 of other income from trust investments and a small liability extinguishment gain. Working capital showed a deficit of $2,978,096, and management states that these conditions, along with ongoing costs to seek a deal, raise substantial doubt about its ability to continue as a going concern for one year from the financial statement issuance date.
The previously announced business combination agreement with Gadfin Ltd. was terminated on June 22, 2026, leaving the company without a pending transaction. Its securities were delisted from Nasdaq after failing to meet the market value of listed securities requirement and now trade on the OTC Markets Pink Current tier. The company has extended its deadline to complete a business combination in monthly increments, potentially to January 18, 2027, funded by non‑interest‑bearing promissory notes from its sponsor, which totaled $2,187,204 outstanding as of June 30, 2026.
Israel Acquisitions Corp, a SPAC still seeking a target, reported a Q1 2026 net loss of $172,916 compared with net income of $66,653 a year earlier. Total assets fell to $6,373,825, driven by redemptions that reduced cash and marketable securities in the trust account to $6,337,572. During the quarter, holders of 295,860 Class A shares redeemed for $3,683,102, leaving 502,072 Class A shares subject to redemption and 6,056,239 total ordinary shares outstanding. The company has only $32,586 in operating cash and a working capital deficit of $2,841,877, and management states there is substantial doubt about its ability to continue as a going concern. Israel Acquisitions is pursuing a business combination with Gadfin Ltd. valued at approximately $180,000,000, with multiple amendments extending the termination date to May 31, 2026. Its securities were delisted from Nasdaq in early 2026 and now trade on the OTC Markets.