Israel Acquisitions Extends SPAC Deadline to 2027
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Israel Acquisitions Corp has extended its SPAC deadline to January 18, 2027, following shareholder approval at a meeting on January 16, 2026. The extension allows for up to twelve one-month increments, with a modest monthly deposit required into its trust account. While shareholders supported the extension, 295,860 Class A shares were redeemed, withdrawing approximately $3.68 million from the trust, leaving about $6.25 million available for future mergers. The company aims to complete an initial business combination using funds from its IPO.
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