secwatch.observer — SEC 8-K summary
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Issuer:     Israel Acquisitions Corp (ISRLF)
CIK:        0001915328
Form:       8-K
Filed at:   2024-01-11T23:59:59+00:00
Accession:  0001104659-24-003366
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Israel Acquisitions Corp shareholders approve extension to Jan 2025; ~$75.9M redeemed
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- Shareholders approved extension of business combination deadline up to 12 months to January 18, 2025.
- Trust agreement amended to allow monthly extensions with deposit of lesser of $50,000 or $0.02 per public share.
- Holders of 7,115,385 Class A shares redeemed for pro rata trust proceeds of ~$75.9M (~$10.67/share).
- Remaining trust account balance estimated at ~$78.0M; 12,813,782 ordinary shares outstanding post-redemption.
- Votes: 15,036,259 for, 445,301 against, 0 abstentions on all proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1915328/000110465924003366/0001104659-24-003366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1915328/000110465924003366/tm243135d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-003366

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