Iron Dome Acquisition Seeks $200 Million to Bring Israeli Defense Tech to US Markets
New York, Monday, 2 February 2026.
Targeting the intersection of cybersecurity, defense, and AI, this vehicle aims to bridge the gap between elite Israeli innovation and U.S. investors through a Nasdaq listing.
New Vehicle for Israeli Innovation
On Monday, February 2, 2026, Iron Dome Acquisition I Corp. (IDAC) officially initiated its path to the public markets by filing a registration statement with the U.S. Securities and Exchange Commission (SEC) [1]. The blank check company, also known as a special purpose acquisition company (SPAC), is targeting a capital raise of $200 million [1]. This move underscores a continued appetite for specialized investment vehicles focused on high-growth technology sectors, specifically within the Israeli innovation ecosystem [3]. The company has indicated its intention to apply for a listing of its units on the Nasdaq Stock Market under the ticker symbol IDACU [1][2].
Offering Structure and Terms
The proposed offering consists of 20 million units priced at $10.00 per unit [1]. Investors participating in the IPO will receive one share of Class A common stock and one-third of a redeemable warrant per unit [1]. A whole warrant will allow the holder to purchase an additional share at a price of $11.50 [1]. This structure is designed to provide capital for a future merger while offering upside potential through the warrants. D. Boral Capital and ARC Group Securities are acting as the joint bookrunners for the offering, which has a stated tenor of 24 months to complete a business combination [1][2].
Bridging the Gap to the “Startup Nation”
The strategic mandate of Iron Dome Acquisition I Corp. is precise: to merge with exceptional technology companies operating at the intersection of cybersecurity, defense technology, artificial intelligence, and data [3]. The company believes these sectors will drive the next decade of enterprise value creation, particularly secure digital transformation and operational resilience [3]. Despite Israel’s reputation as a hub for elite technical talent and global cybersecurity leadership, the firm notes that many Israeli innovators encounter “structural frictions” when attempting to access U.S. public markets [3]. IDAC aims to eliminate these barriers, facilitating a smoother transition for mature startups into durable, independent public entities [3]. Leadership plays a pivotal role in this thesis; the company is steered by CEO and Director Tom Y. Livne, a serial entrepreneur with over 15 years of experience building AI-native companies, alongside CFO Matthew J. Norden [1][3].
A Resurgent Capital Landscape
This filing arrives amidst a flurry of activity in the public markets. During the week leading up to this announcement, five SPACs—including Iron Dome Acquisition I—submitted initial filings, signaling a potential resurgence in the vehicle’s popularity for taking companies public [4]. This follows a busy period where ten SPACs priced their offerings, alongside traditional IPOs such as satellite manufacturer York Space Systems, which raised $629 million [4]. While IDAC is still in the preliminary stage with its registration statement not yet effective, its entry contributes to a crowded pipeline of financial vehicles seeking targets in the EEMEA (Eastern Europe, Middle East, and Africa) geography [2][4]. As the firm moves through the regulatory process, its success will depend on leveraging its $200 million trust to identify a target capable of navigating the complex global defense and data landscape [1][2].