Iron Dome Acquisition I Corp. 8-K

What Happened

• Iron Dome Acquisition I Corp. announced on May 18–20, 2026 that it completed its initial public offering (IPO) of 15,000,000 units at $10.00 per unit and a related private placement of 2,750,000 warrants at $1.00 per warrant. Net proceeds from the IPO plus certain private placement proceeds totaling $150,750,000 were initially placed in a trust account for the benefit of public shareholders.
• The underwriter partially exercised the over‑allotment on May 19, 2026 for 700,000 additional units, which closed on May 20, 2026 and generated $7,000,000 in gross proceeds. On May 20, 2026 an additional $7,035,000 (proceeds from the over‑allotment and a portion of private placement proceeds in working capital) was deposited to the trust, bringing the total held in the trust account to $157,785,000. The company issued an audited balance sheet as of May 18, 2026 reflecting these transactions.

Key Details

• IPO: 15,000,000 units at $10.00 per unit; over‑allotment: 700,000 units for $7,000,000.
• Private placement: 2,750,000 warrants at $1.00 per warrant.
• Trust account: $157,785,000 held as of May 20, 2026; funds generally locked until a business combination or full redemption if no deal within 18 months.
• An audited balance sheet as of May 18, 2026 was included in the 8‑K.

Why It Matters

• The filing confirms the company is funded and has placed investor-protected proceeds in a trust account, a key step for a blank‑check/SPAC sponsor preparing to seek an initial business combination.
• Funds in the trust are restricted (only interest may be withdrawn for taxes or upon certain shareholder redemptions) and will be available for a merger or returned to public holders if the company does not complete a business combination within the specified 18‑month period. Investors should note the timeline and funding level when evaluating potential transaction prospects.