Iron Dome Acquisition I Corp. (IDACW) Warrant
Each IDACW warrant gives the holder the right to buy 1 share of Iron Dome Acquisition I Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.99, below the strike, so the warrant is out of the money. Iron Dome Acquisition I Corp. has a market value of about $211.79M. Iron Dome Acquisition I Corp. is a SPAC (no deal announced yet). It must complete a deal by November 18, 2027 or the warrants expire worthless. There are 7.85M listed warrants; exercising all of them would add 37.0% to the 21.20M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.76
From the issuer's S-1/A (2026-05-11).
Company and stock
- Company
- Iron Dome Acquisition I Corp.
- Underlying stock
- IDAC
- Share price
- $9.99
- Market cap
- $211.79M
- Shares outstanding
- 21.20M
- Range since Jul 2026
- $9.93 – $10.05
- Change since Jul 2026
- -0%
- Value of all listed warrants
- $2.04M (1.0% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- New York, NY
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2600
- Price / model
Pro will show whether IDACW is cheap or rich against our model. It is not open yet. Leave your email to hear when it is.
Dilution
- Shares outstanding
- 21.20M
- Listed warrants
- 7.85M
- Dilution if all exercised
- 37.0%
Warrant count from filing notes, read by hand (high): Public Warrants.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-11-18
- Latest possible deadline
- 2027-11-18
- Trust per share
- $10.09
- Sponsor
- Iron Dome Acquisition I Parent LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about IDACW
When does the IDACW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of IDACW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many IDACW warrants are outstanding?
7.85M listed warrants, equal to 37.0% dilution if all are exercised.
Related warrants
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