Israel Acquisitions Corp Files DEF 14A Proxy Statement
Ticker: ISLWF · Form: DEF 14A · Filed: Dec 23, 2024 · CIK: 1915328
| Field | Detail |
|---|---|
| Company | Israel Acquisitions CORP (ISLWF) |
| Form Type | DEF 14A |
| Filed Date | Dec 23, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $35,000, $0.035, $0.0001, $5,000,001, $11.34 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, blank-check, sec-filing
TL;DR
Israel Acquisitions Corp filed its proxy statement, shareholders vote soon.
AI Summary
Israel Acquisitions Corp, a blank check company, filed a DEF 14A proxy statement on December 23, 2024, for its fiscal year ending December 31, 2025. The company's principal executive offices are located at 12600 Hill Country Blvd, Suite 275, Bee Cave, TX 78738. The filing indicates no fee was required for this statement.
Why It Matters
This filing provides shareholders with important information regarding corporate governance and upcoming decisions, allowing them to make informed voting choices.
Risk Assessment
Risk Level: low — This is a routine proxy filing and does not contain new material information that would inherently increase risk.
Key Numbers
- 20250106 — Conformed Period of Report (Indicates the period the proxy statement pertains to.)
- 20241223 — Filing Date (Date the definitive proxy statement was filed with the SEC.)
Key Players & Entities
- Israel Acquisitions Corp (company) — Registrant
- 12600 Hill Country Blvd, Suite 275, Bee Cave, TX 78738 (location) — Business and Mail Address
FAQ
What type of company is Israel Acquisitions Corp?
Israel Acquisitions Corp is classified as a 'BLANK CHECKS' company with SIC code 6770.
When is the fiscal year end for Israel Acquisitions Corp?
The fiscal year end for Israel Acquisitions Corp is December 31.
What is the filing date of this DEF 14A statement?
The DEF 14A filing was made on December 23, 2024.
Where are Israel Acquisitions Corp's principal offices located?
The company's business and mail address is 12600 Hill Country Blvd, Building R, Suite 275, Bee Cave, TX 78738.
Was there a filing fee associated with this DEF 14A filing?
No fee was required for this filing.
Filing Stats: 4,766 words · 19 min read · ~16 pages · Grade level 19.9 · Accepted 2024-12-23 17:16:52
Key Financial Figures
- $35,000 — he " Trust Account ") the lesser of (i) $35,000 or (ii) $0.035 per Class A ordinary sha
- $0.035 — nt ") the lesser of (i) $35,000 or (ii) $0.035 per Class A ordinary share, par value $
- $0.0001 — 5 per Class A ordinary share, par value $0.0001 per share and sold as part of the units
- $5,000,001 — our net tangible assets to be less than $5,000,001, which condition may not be waived by t
- $11.34 — rice per Public Share was approximately $11.34 (which is expected to be the same appro
- $82,295,027.37 — t in the Trust Account of approximately $82,295,027.37 as of the Record Date (including intere
- $11.32 — ket (" Nasdaq ") on the Record Date was $11.32. Accordingly, if the market price of th
- $0.02 m — f Public Shares receiving approximately $0.02 more per share than if the Public Shares
- $100,000 — ased to us to pay our taxes (less up to $100,000 of interest to pay dissolution expenses
Filing Documents
- tm2430969-2_def14a.htm (DEF 14A) — 1014KB
- lg_stuartshumphries-4c.jpg (GRAPHIC) — 11KB
- px_24israelproxy1page1-bw.jpg (GRAPHIC) — 429KB
- px_24israelproxy1page2-bw.jpg (GRAPHIC) — 233KB
- px_24israelproxy1page3-bw.jpg (GRAPHIC) — 360KB
- 0001104659-24-131374.txt ( ) — 2406KB
From the Filing
DEF 14A 1 tm2430969-2_def14a.htm DEF 14A tm2430969-2_def14a - none - 9.0727s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 ISRAEL ACQUISITIONS CORP (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 TABLE OF CONTENTS LETTER TO SHAREHOLDERS OF ISRAEL ACQUISITIONS CORP 12600 HILL COUNTRY BLVD, BUILDING R, SUITE 275 BEE CAVE, TX 78738 TO BE HELD ON JANUARY 6, 2025 Dear Israel Acquisitions Corp Shareholder: You are cordially invited to attend an extraordinary general meeting of Israel Acquisitions Corp, a Cayman Islands exempted company (the " Company ," " Israel Acquisitions ," " we ," " us " or " our "), which will be held on January 6, 2025, at 12 p.m. Eastern Time (the " Extraordinary General Meeting ") (or at such other time, on such other date and at such other place to which the Extraordinary General Meeting may be adjourned or postponed) at the offices of Reed Smith LLP located at 2850 N. Harwood Street, Suite 1500, Dallas, Texas 75201, and virtually via live webcast at https:// web.lumiconnect.com/289958008, password: israel2025. The attached Notice of the Extraordinary General Meeting and accompanying Proxy Statement (the " Proxy Statement ") describe the business Israel Acquisitions will conduct at the Extraordinary General Meeting and provide information about Israel Acquisitions that you should consider when you vote your shares. As set forth in the attached Proxy Statement, the Extraordinary General Meeting will be held for the purpose of considering and voting on the following proposals: Proposal No. 1—Extension Amendment Proposal — A proposal, by special resolution, to amend Israel Acquisitions' Third Amended and Restated Memorandum and Articles of Association, dated as of January 8, 2024 (the " Existing Charter ") by adopting Israel Acquisitions' Fourth Amended and Restated Memorandum and Articles of Association in the form set forth in Annex A to the Proxy Statement (the " Extension Amendment ") which reflects the extension of the date by which the Company must consummate a business combination (the " Combination Period ") up to twelve times from January 18, 2025 (if all Funded Extension Periods (as defined below) are utilized, the " Termination Date ") to January 18, 2026, with each extension comprised of one month (each an " Extension ") (i.e., for a period of time ending up to 36 months after the consummation of its initial public offering (the " IPO ")) for a total of 12 months after the Termination Date (assuming an initial business combination has not occurred). The end date of each Extension shall be referred to herein as the " Extended Date ." We refer to this proposal as the " Extension Amendment Proposal "; Proposal No. 2—Trust Agreement Amendment Proposal — A proposal to amend that certain Investment Management Trust Agreement, dated as of January 12, 2023 and amended on January 8, 2024 by Amendment No. 1 (as amended, the " Trust Agreement "), by and between the Company and Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company) (the " Trustee "), to allow the Company to extend the Termination Date up to 12 times for an additional one month each time from the Termination Date to January 18, 2026 (the " Trust Agreement Amendment ") by providing five days' advance notice to the Trustee prior to the applicable Extended Date and depositing into the trust account (the " Trust Account ") the lesser of (i) $35,000 or (ii) $0.035 per Class A ordinary share, par value $0.0001 per share and sold as part of the units in the IPO (the " Public Shares "), multiplied by the number of Public Shares that remain outstanding by the end of the then-current Extended Date, by the date of such Extension (the " Extension Payment ") until January 18, 2026 (assuming an initial business combination has not occurred) in exchange for a non-interest bearing, unsecured promissory note payable upon the consummation of an initial business combination (the " Trust Agreement Amendment Proposal "), in the form set forth in Annex B to the Proxy Statement; and Proposal No. 3—Adjournment Proposal — A proposal, by ordinary resolution that the chairman of the Extraordinary General Meeting be directed to adjourn the Extraordinary