Brio Financial Group congratulates our client, Iron Dome Acquisition I (Nasdaq: hashtagIDACU), on filing with the SEC for a $200 million initial public offering.
The New York, NY based company plans to raise $200 million by offering 20,000,000 units at a price of $10.00 per unit, with each unit consisting of one share of common stock and one third of a warrant exercisable at $11.50 per share.
Iron Dome Acquisition I is targeting Israeli technology businesses across cybersecurity, defense, and AI.
The SPAC is led by CEO and Director, Tom Y Livne, Founder of Verbit, and CFO and Director, Matthew Norden, who previously held leadership roles at 2U Inc.
D. Boral Capital and ARC Group Securities are the joint bookrunners on the offering.