---
title: "SPAC Iron Dome Acquisition I lowers units offered by 25% ahead of $150 million IPO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286003299.md"
description: "Iron Dome Acquisition I, a SPAC focused on Israeli tech, has reduced its IPO size by 25%, now aiming to raise $150 million by offering 15 million units at $10 each. Each unit includes one share and a third of a warrant. The company, led by CEO Tom Livne, will list on Nasdaq as IDACU, with Santander as the sole bookrunner."
datetime: "2026-05-11T22:14:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286003299.md)
  - [en](https://longbridge.com/en/news/286003299.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286003299.md)
---

# SPAC Iron Dome Acquisition I lowers units offered by 25% ahead of $150 million IPO

Iron Dome Acquisition I, a blank check company targeting Israeli tech businesses in cybersecurity, defense, and AI, lowered the proposed deal size for its upcoming IPO on Monday.

The New York, NY-based company now plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50 per share. The company had previously filed to offer 20 million units at $10. At the revised deal size, Iron Dome Acquisition I will raise -25% less in proceeds than previously anticipated and command a fully diluted market value of $203 million.

The SPAC is led by **CEO and Director Tom Livne**, billed as a serial technology entrepreneur and founder of Verbit, a provider of AI transcription and captioning products, with "deep expertise in AI platforms, company building, complex transactions, and the Israeli innovation landscape." He is joined by **CFO and Director Matthew Norden**, who previously held leadership roles at 2U Inc.

Iron Dome Acquisition I was founded in 2025. It plans to list on the Nasdaq under the symbol IDACU. Santander is the sole bookrunner on the deal.

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