Israel Acquisitions Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing February 28, 2023
27 Febbraio 2023 - 1:00PM
Israel Acquisitions Corp (the “Company”) (NASDAQ: ISRLU) announced
today that, commencing on February 28, 2023, holders of the units
sold in the Company’s initial public offering may elect to
separately trade the Company’s Class A ordinary shares and warrants
included in the units. No fractional warrants will be issued upon
separation of the units and only whole warrants will trade. The
Class A ordinary shares and the warrants that are separated will
trade on the Nasdaq Global Market (“Nasdaq”) under the ticker
symbols “ISRL” and “ISRLW,” respectively. Those units not separated
will continue to trade on Nasdaq under the symbol “ISRLU.” Holders
of the units will need to have their brokers contact American Stock
Transfer & Trust Company, the Company’s transfer agent, to
separate the units into Class A ordinary shares and warrants.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Israel Acquisitions
CorpThe Company 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.
Forward-Looking StatementsThis
press release contains statements that constitute “forward-looking
statements,” including with respect to the initial public offering
and search for an initial business combination. No assurance can be
given that the offering discussed above will be completed on the
terms described, or at all, or that the proceeds of the offering
will be used as indicated. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of the
Company, including those set forth in the Risk Factors section of
the Company’s registration statement for the initial public
offering filed with the SEC. Copies are available on the SEC’s
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Contact:
contact@israelspac.com1-800-508-1531
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