This is a standard SPAC IPO filing with no immediate trading catalyst. Monitor for the 52nd day after the prospectus date when units will separate into shares and warrants. The key event to watch is the business combination announcement — the company has 18 months to find a target. The sponsor's $2.75 million private placement provides alignment incentives.
Price Chart
Executive Summary
Iron Dome Acquisition I Corp. (IDAC) filed an 8-K reporting the execution of an underwriting agreement for its IPO of 15,000,000 units at $10.00 per unit, with an over-allotment option for up to 2,250,000 additional units. The filing also includes the adoption of amended governing documents, the sale of 2,750,000 private placement warrants to the sponsor for $2.75 million, and the appointment of officers/directors. This is a standard SPAC IPO filing — the company has 18 months from the IPO closing to complete a business combination or it will liquidate and return funds to public shareholders.
Key Financial Metrics
Key Facts
- IPO of 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant
- Underwriters granted 45-day over-allotment option for up to 2,250,000 additional units
- Sponsor purchased 2,750,000 private placement warrants at $1.00 per warrant ($2.75 million total)
- Company has 18 months from IPO closing to complete a business combination or will liquidate and distribute trust account to public shareholders
- Amended and restated memorandum and articles of association adopted effective May 14, 2026
- Founder shares subject to forfeiture if over-allotment option not exercised in full (up to 750,000 shares)
- Deferred underwriting discount of up to $5.175 million payable only upon completion of a business combination
- Net proceeds of $150.75 million from IPO deposited into trust account
Financial Impact
Gross IPO proceeds of $150 million (15M units × $10.00), with potential additional $22.5 million from over-allotment. Sponsor contributed $2.75 million for private placement warrants. Total trust account expected to be approximately $150.75 million at closing.
Risk Factors
- Risk of no business combination within 18 months, leading to liquidation and return of trust proceeds to public shareholders
- Dilution from founder shares (5.8M Class B shares) and private placement warrants (2.75M warrants) upon conversion/exercise
- SPAC market headwinds and regulatory scrutiny may affect ability to complete a de-SPAC transaction
- Underwriters' deferred discount of up to $5.175M is payable only upon completion of a business combination
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-058549 |
| Document: ea029118301ex1-1.htm | 0001213900-26-058549 |
| Document: ea029118301ex4-1.htm | 0001213900-26-058549 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 2, 2026 16w ago | 8-K | — | awaiting T+20 | — | — |
May 18, 2026 22w ago | 8-K | — | awaiting T+20 | — | — |
May 15, 2026 23w ago | EFFECT | — | awaiting T+20 | — | — |
May 14, 2026 23w ago | 3 | — | awaiting T+20 | — | — |
US Market Status
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