Israel Acquisitions Corp. Updates Business Combination Agreement with Gadfin, Adjusts Equity Value to $180 Million

Reuters
2025.07.03 21:02
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Israel Acquisitions Corp. has amended its business combination agreement with Gadfin Ltd., updating the equity value to $180 million. The amendment, executed on July 2, 2025, removes the immediate liquidation requirement post-merger and introduces a termination right for Gadfin if specific financial conditions are unmet within 30 days. Gadfin Regev Holdings Ltd. is now part of the agreement, and a confidential draft of a Registration Statement related to the business combination has been submitted to the SEC.