Israel Acquisitions extends deadline to Jan 2026; shareholders redeem ~$73M

Israel Acquisitions Corp

Shareholders approved extension of business combination deadline from Jan 18 2025 up to 12 months to Jan 18 2026 per monthly extension.
Each monthly extension requires deposit of lesser of $35,000 or $0.035 per outstanding public share.
6,461,683 Class A ordinary shares redeemed for ~$73.1M ($11.32 per share) following shareholder vote.
Trust account remaining after redemptions: approximately $9.46M.
Outstanding shares post-redemption: 6,352,099 inclusive of private placement units.

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