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

  1. 05 Q1: 1 filing
  2. 05 Q2: 5 filings
  3. 05 Q3: 41 filings
  4. 05 Q4: 16 filings
  5. 06 Q1: 9 filings
  6. 06 Q2: 6 filings
  7. 06 Q3: 6 filings
  8. 06 Q4: 11 filings
  9. 07 Q1: 19 filings
  10. 07 Q2: 25 filings
  11. 07 Q3: 7 filings
  12. 07 Q4: 24 filings
  13. 08 Q1: 8 filings
  14. 08 Q2: 6 filings
  15. 08 Q3: 7 filings
  16. 08 Q4: 4 filings
  17. 09 Q1: 12 filings
  18. 09 Q2: 6 filings
  19. 09 Q3: 6 filings
  20. 09 Q4: 4 filings
  21. 10 Q1: 0 filings
  22. 10 Q2: 2 filings
  23. 10 Q3: 1 filing
  24. 10 Q4: 2 filings
  25. 11 Q1: 0 filings
  26. 11 Q2: 0 filings
  27. 11 Q3: 0 filings
  28. 11 Q4: 0 filings
  29. 12 Q1: 0 filings
  30. 12 Q2: 5 filings
  31. 12 Q3: 0 filings
  32. 12 Q4: 0 filings
  33. 13 Q1: 0 filings
  34. 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

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.

External Resources