- SPACs
- Israel Technology Acquisition Corp.
Israel Technology Acquisition Corp.
Completed 2007-06-06- CIK 1319644
- ILST
- IPO 2005-07-14
- $32.9M trust
- 234 filings
Successfully merged with IXI Mobile, Inc.
- IPO Size
- $37.9M
- raised at the IPO
- Trust Amount
- $32.9M
- held for shareholders
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2005
- year it listed
Filings, by quarter
234 filings over 34 quarters; violet bars carry a milestone
- 05 Q1: 1 filing
- 05 Q2: 5 filings
- 05 Q3: 41 filings
- 05 Q4: 16 filings
- 06 Q1: 9 filings
- 06 Q2: 6 filings
- 06 Q3: 6 filings
- 06 Q4: 11 filings
- 07 Q1: 19 filings
- 07 Q2: 25 filings
- 07 Q3: 7 filings
- 07 Q4: 24 filings
- 08 Q1: 8 filings
- 08 Q2: 6 filings
- 08 Q3: 7 filings
- 08 Q4: 4 filings
- 09 Q1: 12 filings
- 09 Q2: 6 filings
- 09 Q3: 6 filings
- 09 Q4: 4 filings
- 10 Q1: 0 filings
- 10 Q2: 2 filings
- 10 Q3: 1 filing
- 10 Q4: 2 filings
- 11 Q1: 0 filings
- 11 Q2: 0 filings
- 11 Q3: 0 filings
- 11 Q4: 0 filings
- 12 Q1: 0 filings
- 12 Q2: 5 filings
- 12 Q3: 0 filings
- 12 Q4: 0 filings
- 13 Q1: 0 filings
- 13 Q2: 1 filing
- S-1 filed 05 Q1
- IPO 05 Q3
- Definitive agreement 06 Q1
- Completed 07 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2005-03-15 Filed S1
- IPO2005-07-14 IPO, search begins
- Definitive Agreement2006-02-28 Agreement for merger
- Completed2007-06-06 Merger Completed
About
Israel Technology Acquisition Corp. is a blank-check company formed to acquire an operating business with manufacturing operations or research and development facilities in Israel. Its initial search focus is businesses in Israel providing high-technology solutions in telecommunications and enterprise software.
Investment Focus
Telecommunications, Software
Geographic Focus
Israel
Key Information
As the filings state it
- IPO Date
- 2005-07-14
- Total Redemptions
- $15.3K
- PIPE
- $20M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2007-06-06
- Merger Target
- IXI Mobile, Inc.
- SPAC Ticker
- ILST
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The management team includes Israel Frieder, with senior executive and board experience in Israeli telecommunications and technology; Glen Shear, with financial advisory, investment banking and CFO experience; Dael Schnider, with venture capital and high-technology investing experience; and Victor Halpert, with equity research and investment management experience, particularly in Israel technology.