Israel Acquisitions Corp Enters into Third Amendment to Business Combination with Gadfin Ltd.

Key Highlights:

• Israel Acquisitions Corp (the “Company”) has amended its business combination agreement with Gadfin Ltd., marking a significant development in its corporate strategy.
• This is the third amendment to the original Business Combination Agreement (“BCA”) initially signed on January 26, 2025, and previously amended on July 2, 2025, and December 31, 2025.
• The latest amendment—Amendment No. 3, signed on March 13, 2026—involves Israel Acquisitions Corp, Gadfin Ltd. (an Israeli company), and Gadfin Regev Holdings Ltd.

Details of the Transaction:

• The purpose of these amendments is to further clarify and modify the terms of the proposed business combination between Israel Acquisitions Corp and Gadfin Ltd.
• The business combination would see Gadfin Ltd. become a publicly listed entity via the special purpose acquisition company (SPAC) structure of Israel Acquisitions Corp.
• The Company has attached the full text of the Third BCA Amendment as Exhibit 2.4 to its Form 8-K filing.
• Prior versions of the agreement and earlier amendments are available as referenced exhibits to the SEC filings.

Shareholder Relevance & Potential Price Sensitivity:

• This development is highly significant for shareholders, as the business combination, if completed, will fundamentally transform the Company’s operations and strategic direction.
• SPAC combinations and their amendments are closely watched by investors because they can impact the value of the company’s shares, trading liquidity, and overall market perception of the company’s prospects.
• Any delay, modification, or advancement in the business combination process can materially affect the Company’s share price, especially for a SPAC near the end of its completion timeline.
• Investors should pay close attention to the terms of the amendments as these could include changes in valuation, deal structure, or other material factors that can impact future performance and share value.

Trading Symbols and Security Information:

• The Company’s securities trade on the OTC Markets under the following symbols:
  • Units: ISLUF (each unit consists of one Class A ordinary share and one redeemable warrant)
  • Class A Ordinary Shares: ISRLF
  • Redeemable Warrants: ISLWF (each whole warrant is exercisable for one Class A ordinary share at \$11.50 per share)
• No securities are currently listed on a national securities exchange.

Other Notable Disclosures:

• Israel Acquisitions Corp is classified as an “emerging growth company” and a “shell company” as defined under SEC rules, which may impact the regulatory treatment and investor expectations.
• The Company has not elected to use the extended transition period for compliance with new or revised accounting standards provided under Section 13(a) of the Exchange Act.
• The Form 8-K filing includes written communications pursuant to Rule 425 under the Securities Act, which is typically required for business combinations and may include investor updates or solicitation materials.

Signatures:

• The filing is authorized by Ziv Elul, Chief Executive Officer of Israel Acquisitions Corp.
• Counterparties from Gadfin Ltd. and Gadfin Regev Holdings Ltd. have also signed the amendment, indicating mutual agreement and forward movement on the deal.

Conclusion:

• This third amendment shows ongoing negotiations and commitment to the business combination between Israel Acquisitions Corp and Gadfin Ltd.
• Shareholders and potential investors should continue to monitor disclosures for further updates, as the progression or potential consummation of the business combination is likely to have a material impact on share value and the future direction of the Company.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to sell or a solicitation of an offer to buy any securities. Investors are encouraged to review the full SEC filings and consult with their financial advisors regarding the implications of the business combination and related amendments.

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