Norden Matthew J. 4
4 · Iron Dome Acquisition I Corp. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Iron Dome (IDACU) CFO Matthew Norden Buys 2.75M Warrants
What Happened
Matthew J. Norden, Chief Financial Officer and a director of Iron Dome Acquisition I Corp., is reported to have acquired 2,750,000 private-placement warrants on 2026-05-18. The warrants were purchased at $1.00 each for a total purchase price of $2,750,000. The filing reflects a derivative acquisition (warrants), not ordinary shares.
Key Details
- Transaction date: 2026-05-18; Transaction code: P (purchase) — 2,750,000 Private Placement Warrants at $1.00 each (aggregate $2,750,000).
- Shares/warrants owned after transaction: The Sponsor (Iron Dome Acquisition I Parent LLC) is the record holder of the reported warrants; Mr. Norden is the sole member of the Sponsor’s managing member and may be deemed to beneficially own the securities but disclaims ownership except for any pecuniary interest. The Form 4 does not list a separate direct share count held personally by Mr. Norden.
- Notable footnotes: F1–F4 state these are Private Placement Warrants sold to the Sponsor at $1 each; each warrant can buy one Class A ordinary share at $11.50 (subject to adjustment); warrants become exercisable 30 days after completion of the company’s initial business combination and expire five years after that combination (or earlier upon redemption/liquidation).
- Filing timeliness: Reported on 2026-05-18 for a 2026-05-18 transaction (no late filing indicated).
Context
This is a sponsor private-placement purchase common in SPAC IPO structures: warrants were issued to the Sponsor at IPO, and the Sponsor (through its manager) is the record holder. For retail investors, note these are derivative instruments (warrants) that only become exercisable after the SPAC completes a business combination; they are not immediate equity in the operating company. Mr. Norden’s role as CFO and managing member of the Sponsor means he may be attributed beneficial ownership for reporting purposes, but he disclaims personal beneficial ownership beyond any pecuniary interest.
Insider Transaction Report
- Purchase
Warrant
[F1][F3][F4][F2]2026-05-18+2,750,000→ 2,750,000 total(indirect: See Footnote)Exercise: $11.50→ Class A Ordinary Shares (2,750,000 underlying)
Footnotes (4)
- [F1]Simultaneously with the consummation of the Company's initial public offering, Iron Dome Acquisition I Parent LLC (the "Sponsor") acquired, at a price of $1.00 per warrant, 2,750,000 warrants (the "Private Placement Warrants") in a private placement for an aggregate purchase price of $2,750,000. Each Private Placement Warrant entitles the holder thereof to purchase one Class A ordinary share at $11.50 per share, subject to adjustment.
- [F2]The Sponsor is the record holder of the shares reported herein. Mr. Norden, the issuer's Chief Financial Officer and director, is the sole member of Iron Dome Acquisition I Manager LLC, the managing member of the Sponsor, and makes all investment and voting decisions with respect to the securities held the Sponsor. As such, Mr. Norden may be deemed to have or share beneficial ownership of the securities held directly by the Sponsor. Mr. Norden disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interests Mr. Norden may have therein, directly or indirectly.
- [F3]The Private Placement Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
- [F4]The Private Placement Warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.