Israel Acquisitions Corp. and Gadfin Ltd. form $200M business agreement, taking drone delivery company to Nasdaq.
In Tel-Aviv, Israel, on Jan. 27, 2025, Israel Acquisitions Corp. (NASDAQ: ISRL, ISRLU, ISRLW) and Gadfin Ltd. revealed a definitive business agreement. The agreement signifies a total equity value for Gadfin of potentially $200 million USD. Israel Acquisitions Corp. is a publicly-traded special purpose acquisition company, while Gadfin Ltd. is an Israeli tech firm specializing in all-weather, long-range, heavy-duty drone delivery of essential cargo. The merged entity will be listed on Nasdaq and will capitalize on Gadfin’s advanced technology combined with the ISRL team’s know-how.
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