Iron Dome Acquisition I Corp. Reports Financial Results for Six Months Ending June 30, 2026

Iron Dome Acquisition I Corp. has reported its financial results for the six months ending June 30, 2026, revealing a net income of $629,213, primarily driven by $656,771 in income earned on cash held in trust and a change in the fair value of the overallotment option amounting to $212,823. The company incurred total expenses of $240,381, which were attributed to formation and operating costs. This marks a significant operational milestone for the company, which has not yet engaged in any substantive business activities since its inception in September 2025.

The company’s balance sheet reflects substantial growth since the end of the previous fiscal period, with total assets increasing to $159.5 million as of June 30, 2026, compared to just $695,255 at the end of December 2025. This increase is largely due to the successful completion of its Initial Public Offering (IPO) on May 18, 2026, which raised $150 million from the sale of 15 million units at $10 each. Additionally, the company raised $2.75 million from a private placement of warrants, further bolstering its financial position. The IPO also included a partial exercise of the underwriter's overallotment option, generating an additional $7 million.

In terms of operational developments, Iron Dome Acquisition I Corp. has not yet identified a specific target for its initial business combination, which is a key focus of its strategy moving forward. The company has indicated that it intends to utilize the funds held in trust primarily for this purpose, while also using cash held outside the trust for operational expenses related to identifying and evaluating potential acquisition targets. As of June 30, 2026, the company had cash of $767,364 and working capital of $1,086,331, which it believes will be sufficient to meet its operational needs for the next year.

The company’s shareholder equity has shifted to a deficit of $8.88 million, primarily due to the accretion of the carrying value of Class A ordinary shares to their redemption value. As of June 30, 2026, there were 15.7 million Class A ordinary shares subject to possible redemption, reflecting the company's commitment to providing liquidity to its shareholders in connection with any future business combination. The company has also reported a total of 5.3 million Class B ordinary shares outstanding, which are held by the Sponsor.

Looking ahead, Iron Dome Acquisition I Corp. remains focused on identifying a suitable business combination target, with management expressing confidence in the company’s ability to leverage its financial resources effectively. However, the company acknowledges the inherent risks associated with early-stage investments and the uncertainties in the current market environment, which could impact its ability to complete a business combination successfully.