$IDAC·8-K

Iron Dome Acquisition I Corp. · May 18, 5:15 PM ET

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Iron Dome Acquisition I Corp. 8-K

Research Summary

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Updated

Iron Dome Acquisition I Completes IPO, Raises $150.75M

What Happened
Iron Dome Acquisition I Corp. announced it completed its initial public offering (IPO). The Company’s Form S-1 was declared effective on May 14, 2026, and the IPO closed on May 18, 2026. The offering sold 15,000,000 units at $10.00 per unit and the Company entered into related underwriting, warrant, trust and governance agreements in connection with the IPO.

Key Details

  • IPO sale: 15,000,000 units at $10.00 each, gross proceeds of $150,000,000 (before underwriting fees and expenses).
  • Private placement: Sponsor purchased 2,750,000 private placement warrants at $1.00 each, raising $2,750,000.
  • Warrants: Each unit includes one-half of a Public Warrant; one whole warrant allows purchase of one Class A share at $11.50 (subject to adjustment). Private Placement Warrants are substantially identical but subject to transfer restrictions until 30 days after a business combination.
  • Trust account: $150,750,000 of IPO and private placement proceeds were placed with Odyssey Transfer and Trust Company as trustee; funds generally won’t be released until completion of an initial business combination or other limited conditions.
  • Governance and admin: Amended and Restated Memorandum and Articles became effective May 14, 2026. New directors appointed May 14, 2026 — Eyal Waldman, David DeWalt and Paul Hodermarsky — with committee assignments and chairs (DeWalt — Audit; Waldman — Compensation; Hodermarsky — Nominating & Corporate Governance). Sponsor will provide administrative services for $25,000/month. Indemnity agreements were entered with officers and directors.

Why It Matters
For investors, the filing confirms Iron Dome Acquisition I is now a public shell/blank-check (SPAC) with cash secured in a trust account (~$150.75M) to pursue an initial business combination. The warrant structure, sponsor private warrants, board composition and the trust protections are core terms that affect potential dilution, governance and timing for any future merger or acquisition. These are foundational facts to consider if evaluating exposure to this SPAC or tracking potential targets and timing for a business combination.

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