Iron Dome Acquisition I closes $150.75 million IPO; trust account reaches $157.8 million
Iron Dome Acquisition I Corp., a blank check company with no operations, completed its initial public offering of 15,000,000 units at $10.00 per unit on May 18, 2026. The underwriter's partial over-allotment of 700,000 units closed on May 20, bringing the total held in the trust account to $157,785,000, and shareholders' funds stay in trust until a business combination or redemption if none is completed within 18 months.
Key points
- IPO of 15,000,000 units at $10.00 per unit closed May 18, 2026, with $150,000,000 in gross proceeds.
- Over-allotment of 700,000 units closed May 20, 2026, generating $7,000,000 in gross proceeds.
- Total held in the trust account was $157,785,000 as of May 20, 2026; trust funds are initially anticipated at $10.05 per Public Share.
- If no business combination is completed within 18 months of the IPO closing, the company will redeem 100% of the public shares.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.