Iron Dome Acquisition I swings to Q2 FY26 net income of $629,213 - IDAC News | RalliesIron Dome Acquisition I swings to Q2 FY26 net income of $629,213
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IDAC• IPO proceeds and Trust Account
- IPO proceeds included 15,000,000 units for $150 million, with 700,000 over-allotment units adding $7 million in gross proceeds.
- Trust Account held $157.79 million following the IPO and private placement; deferred underwriting commission stood at $4.71 million.
Quarterly results and liquidity
- Iron Dome Acquisition I reported net income of $629,213 for the three and six months ended June 30, 2026.
- Profit mainly reflected $656,771 of income on cash held in Trust, partly offset by $240,381 of formation and operating expenses.
- Liquidity totaled $767,364 of cash outside the Trust Account with working capital of $1.09 million as of June 30, 2026.
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