Israel Acquisitions Corp is a Cayman Islands exempted company incorporated as a blank-check company. Formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus on high-growth technology companies that are domiciled in Israel, and that either carry out all or a substantial portion of their activities in Israel or have some other significant Israeli connection. The management team is led by Chairman, Izhar Shay, Chief Executive Officer, Ziv Elul, and Chief Financial Officer, Sharon Barzik Cohen.
Company profile
Ticker
ISRL, ISRLU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
873587394
ISRL stock data
Latest filings (excl ownership)
425
Business combination disclosure
24 Apr 24
8-K
Entry into a Material Definitive Agreement
24 Apr 24
10-K
2023 FY
Annual report
28 Mar 24
8-K
Entry into a Material Definitive Agreement
11 Jan 24
425
Business combination disclosure
2 Jan 24
8-K
Entry into a Material Definitive Agreement
2 Jan 24
DEF 14A
Definitive proxy
20 Dec 23
UPLOAD
Letter from SEC
18 Dec 23
PRER14A
Preliminary revised proxy
15 Dec 23
UPLOAD
Letter from SEC
14 Dec 23
Latest ownership filings
SC 13G/A
First Trust Capital Management L.P.
5 Apr 24
SC 13G
BARCLAYS PLC
14 Feb 24
SC 13G
First Trust Capital Management L.P.
14 Feb 24
SC 13G
HGC Investment Management Inc.
14 Feb 24
4
Change in insider ownership
9 May 23
4
Charles Ecalle
9 May 23
4
Alexander Greystoke
9 May 23
SC 13D/A
Israel Acquisitions Sponsor LLC
22 Mar 23
SC 13D
Israel Acquisitions / Israel Acquisitions ownership change
30 Jan 23
4
Alexander Greystoke
19 Jan 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 810.43 k | 810.43 k | 810.43 k | 810.43 k | 810.43 k | |
Cash burn (monthly) | 30.25 k | 17.12 k | 61.90 k | 60.92 k | 43.15 k | |
Cash used (since last report) | 209.88 k | 118.80 k | 429.55 k | 422.73 k | 299.43 k | |
Cash remaining | 600.55 k | 691.63 k | 380.87 k | 387.70 k | 511.00 k | |
Runway (months of cash) | 19.9 | 40.4 | 6.2 | 6.4 | 11.8 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 55 |
Opened positions | 20 |
Closed positions | 1 |
Increased positions | 26 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 127.58 bn |
Total shares | 28.32 mm |
Total puts | 0.00 |
Total calls | 375.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Israel Acquisitions Sponsor | 5.43 mm | $0.00 |
Periscope Capital | 3.17 mm | $11.49 bn |
Westchester Capital Management | 1.33 mm | $9.19 bn |
Exos TFP | 1.31 mm | $3.25 bn |
Cowen And | 1.30 mm | $1.63 bn |
Gritstone Asset Management | 1.25 mm | $3.28 bn |
Vivaldi Asset Management | 953.03 k | $10.06 bn |
HGC Investment Management | 851.00 k | $7.93 bn |
Kim | 800.00 k | $5.32 bn |
CNH Partners | 795.73 k | $4.25 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 May 23 | Alexander Greystoke | Class B ordinary shares, par value $0.0001 Class A ordinary shares, par value $0.0001 | Sell | Dispose S | Yes | No | 0 | 95,900 | 0.00 | 4,696,167 |
7 May 23 | Charles Ecalle | Class B ordinary shares, par value $0.0001 Class A ordinary shares, par value $0.0001 | Sell | Dispose S | Yes | No | 0 | 95,900 | 0.00 | 4,696,167 |
7 May 23 | Israel Acquisitions Sponsor | Class B ordinary shares, par value $0.0001 Class A ordinary shares, par value $0.0001 | Sell | Dispose S | No | No | 0 | 95,900 | 0.00 | 4,696,167 |
18 Jan 23 | Charles Ecalle | Class A ordinary shares, $0.0001 par value per share | Buy | Acquire P | Yes | No | 10 | 37,500 | 375.00 k | 637,500 |
18 Jan 23 | Israel Acquisitions Sponsor | Class A ordinary shares, $0.0001 par value per share | Buy | Acquire P | No | No | 10 | 37,500 | 375.00 k | 637,500 |