ISRL

Israel Acquisitions Corp is a special purpose acquisition company, often called a SPAC or blank-check company. It does not sell products or run a business. It exists to raise money from investors through an initial public offering (IPO). The company's only job is to use that money to find, buy, and merge with a private operating company, which then becomes a publicly traded stock. It makes money for its founders and early investors if it successfully completes a merger that the market likes.