New York, New York, May  18, 2026  (GLOBE NEWSWIRE) --  Iron Dome Acquisition I Corp. (the &#34;Company&#34;), a special purpose acquisition company, today announced the closing of its initial public offering of 15,000,000 units

IDACU

Iron Dome Acquisition I Corp. Announces Closing of $150 Million Initial Public Offering

Iron Dome Acquisition I Corp. Completes $150 Million IPO

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, New York, May  18, 2026  (GLOBE NEWSWIRE) --  Iron Dome Acquisition I Corp. (the &amp;#34;Company&amp;#34;), a special purpose acquisition company, today announced the closing of its initial public offering of 15,000,000 units</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Iron Dome Acquisition I Corp. successfully completed its IPO, raising $150 million. The company plans to target business combinations within the cybersecurity and defense technology sectors, potentially positioning IDACU for strong growth in these high-demand industries.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>IDACU completed its IPO, raising $150 million at $10 per unit.</li><li>Each unit includes a Class A share and half a warrant.</li><li>The company aims to merge with cybersecurity and defense tech firms.</li><li>IDACU common shares expected to trade under IDAC, warrants under IDACW.</li><li>Underwriters have a 45-day option for additional units.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Santander US Capital Markets (STT)</strong>: Acted as the sole book-running manager for the offering.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This announcement falls under Corporate Developments as it signifies IDACU&#039;s entry into the public markets and outlines its strategic focus on high-potential sectors, indicating significant future growth opportunities.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Strong demand for cybersecurity and defense tech investments may boost IDACU&#039;s valuation.</li><li>Completion of an initial business combination could significantly drive share price.</li><li>Market perception of SPACs remains vital, impacting IDACU&#039;s trading momentum.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>IDACU raised $150 million through the IPO of 15 million units.</li><li>Units began trading on May 15, 2026, at $10 each.</li><li>Each unit contains one Class A share and half a redeemable warrant.</li><li>Warrants can be exercised at $11.50 per share.</li><li>Iron Dome vows to focus on high-growth areas like cybersecurity and AI.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in IDACU as it targets growth in cybersecurity and defense tech over the next year.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p><strong>New York, New York, May  18, 2026  (GLOBE NEWSWIRE) -- </strong> Iron Dome Acquisition I Corp. (the "<u>Company</u>"), a special purpose acquisition company, today announced the closing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units began trading on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "IDACU" on May 15, 2026. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on Nasdaq under the symbols "IDAC" and "IDACW,'' respectively.</p>  <p>The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination in any business, industry, sector or geographical location, but the Company intends to focus its search on a target business in the cybersecurity, defense tech, AI and data infrastructure industries.</p>  <p>Santander acted as sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to 2,250,000 additional units at the initial public offering price to cover over-allotments, if any.</p>  <p>The public offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at <a href="mailto:equity-syndicate@santander.us">equity-syndicate@santander.us</a>, or by telephone at 833-818-1602.</p>  <p>A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the "<u>SEC</u>") on May 14, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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.</p>  <p><b>Forward-Looking Statements</b></p>  <p>This press release contains statements that constitute "forward-looking statements," including with respect to the anticipated use of the net proceeds from the offering and the Company's expectations regarding its ability to complete an initial business combination. No assurance can be given that the Company will ultimately complete a business combination transaction in the sector it is targeting, or at all. 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 and prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, at <a href="https://www.globenewswire.com/Tracker?data=8iOFSMLMjWZ_oC16OLK8FjSYzW9dEhs_MjBzzImttrv7qJ7HP1WZuAW4hPa8s99vSIw5eXEhNwcxtEkciH9KBA==" rel="nofollow" target="_blank">www.sec.gov</a>.  The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.</p>  <p><b>Contact</b></p>  <p><b>Tom Y. Livne<br></br>Iron Dome Acquisition I Corp.<br></br></b>Phone: (410) 671-5481<br></br>Email: <a href="https://www.globenewswire.com/Tracker?data=WhD33Xv558rjeJohG4PTvXX66OC_hApHJsJQO6wq_CD8xQ4tCycyOTa6Hpp5BlsTYer7sMQ_a-9-rJ3ZlL4X4ty09-rshQAtdjq6OlVP38E=" rel="nofollow" target="_blank">tom@irondome1.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcyMjUyMSM3NjA5ODEzIzUwMDE2MjYxNQ=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MGQzNjZjMzgtNWY1Zi00YTA1LWI5MTAtNDE3NDczMzc1OGFhLTUwMDE2MjYxNS0yMDI2LTA1LTE4LWVu/tiny/Iron-Dome-Acquisition-I-Corp-.png" referrerpolicy="no-referrer-when-downgrade"></img>

Iron Dome Acquisition I Corp. successfully completed its IPO, raising $150 million. The company plans to target business combinations within the cybersecurity and defense technology sectors, potentially positioning IDACU for strong growth in these high-demand industries.

Iron Dome Acquisition I Corp. Announces Closing of $150 Million Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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