---
title: "Israel Acquisitions Corp. and Gadfin Ltd. form $200M business agreement, taking drone delivery company to Nasdaq."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226363303.md"
description: "Israel Acquisitions Corp. and Gadfin Ltd. have entered into a definitive business agreement valued at $200 million, aiming to take the drone delivery company public on Nasdaq. The merger combines Gadfin's advanced drone technology with Israel Acquisitions Corp.'s expertise as a special purpose acquisition company."
datetime: "2025-01-27T12:21:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226363303.md)
  - [en](https://longbridge.com/en/news/226363303.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226363303.md)
---

# Israel Acquisitions Corp. and Gadfin Ltd. form $200M business agreement, taking drone delivery company to Nasdaq.

In Tel-Aviv, Israel, on Jan. 27, 2025, Israel Acquisitions Corp. (NASDAQ: ISRL, ISRLU, ISRLW) and Gadfin Ltd. revealed a definitive business agreement. The agreement signifies a total equity value for Gadfin of potentially $200 million USD. Israel Acquisitions Corp. is a publicly-traded special purpose acquisition company, while Gadfin Ltd. is an Israeli tech firm specializing in all-weather, long-range, heavy-duty drone delivery of essential cargo. The merged entity will be listed on Nasdaq and will capitalize on Gadfin’s advanced technology combined with the ISRL team’s know-how.

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