debt
confidence high
sentiment neutral
materiality 0.30
Israel Acquisitions Corp issues $335K promissory note to sponsor for up to 12 monthly extension payments
Israel Acquisitions Corp
- Promissory note for up to $335,131.44 issued to Israel Acquisitions Sponsor LLC on Jan 17, 2025.
- Initial draw of $27,927.62 on same day to fund a one-month extension of the business combination deadline.
- Note bears no interest; principal due upon earlier of business combination or liquidation.
- Trust account waiver included: sponsor waives any claim against the trust account.