Israel Acquisitions Corp 8-K

What Happened

• Israel Acquisitions Corp (ISRLF) announced on Jan 16, 2026 that shareholders approved amendments to its articles and to the Investment Management Trust Agreement to extend the deadline to complete an initial business combination. The company can now extend the original Termination Date (Jan 18, 2026) up to twelve times, each extension equal to one month, pushing the final possible date to Jan 18, 2027.
• The Company entered into a Trust Agreement Amendment with Equiniti Trust Company, LLC that allows monthly extensions through Jan 18, 2027 if the company provides five days’ notice to the trustee and deposits into the trust account the lesser of $5,000 or $0.05 per outstanding Public Share (sold in the IPO) for each extension. Deposits are exchanged for a non-interest-bearing, unsecured promissory note payable if and when an initial business combination occurs.
• At the Jan 16, 2026 shareholder meeting, holders of 295,860 Class A ordinary shares exercised redemption rights, withdrawing an estimated $3,683,115.04 (about $12.45 per share) from the trust; an estimated $6,250,216.09 remains in the trust after redemptions. After the redemptions, the company reports 6,056,239 ordinary shares outstanding.

Key Details

• Shareholder vote (Jan 16, 2026): Extension and Trust Agreement amendments both approved (FOR: 5,470,401; AGAINST: 5; ABSTAIN: 0).
• Extension mechanics: up to 12 one-month extensions (each an “Extension”), extending the Termination Date from Jan 18, 2026 to as late as Jan 18, 2027.
• Deposit required per extension: lesser of $5,000 or $0.05 per Public Share outstanding, deposited into the Trust Account in exchange for a promissory note.
• Redemption impact: 295,860 Class A shares redeemed; ~$3.68M removed from the trust; ~$6.25M estimated remaining.

Why It Matters

• The approvals give ISRLF additional time (up to 12 monthly extensions) to find and close an initial business combination rather than liquidating at the original deadline. That preserves the SPAC structure and keeps the search for a target alive.
• However, each extension requires additional funding to the trust in the form of deposits exchanged for unsecured promissory notes, not cash held in trust. Investors should note the remaining trust balance (~$6.25M) after redemptions and that future extensions dilute the trust’s cash position unless sponsors contribute the required amounts.
• Retail investors holding public shares should be aware of the redemption activity and the reduced cash available in the trust; monitor future filings for any additional deposits, further redemptions, or the announcement of a target/non-binding deal terms.