---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-065825"
form_type: "8-K"
ticker: "ISRLF"
cik: "0001915328"
company_name: "Israel Acquisitions Corp"
filed_at: "2025-07-03T23:59:59+00:00"
generated_at: "2026-05-18T09:31:05.787259+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ISRL amends Gadfin merger: $180M equity value, adds termination right if underwriting fees not waived

## Summary
- Company equity value fixed at $180M; PCAOB default and threshold raised conditions removed.
- Gadfin may terminate without penalty if SPAC does not obtain full waiver of deferred underwriting fees by Aug 1, 2025.
- Maximum dilution cap set at 30% of NewPubco shares; sponsor may forfeit up to 1,429,000 shares if exceeded.
- Benchmark analysis deadline for post-closing compensation extended to Sept 30, 2025.
- Confidential draft of Registration Statement on Form F-4 submitted to SEC for the business combination.

## SEC filing metadata
- accession: 0001104659-25-065825
- form_type: 8-K
- ticker: ISRLF
- cik: 0001915328
- company_name: Israel Acquisitions Corp
- filed_at: 2025-07-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1915328/000110465925065825/0001104659-25-065825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1915328/000110465925065825/tm2519879d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-065825
- JSON: https://secwatch.observer/filing/0001104659-25-065825.json
- Plain text: https://secwatch.observer/filing/0001104659-25-065825.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.