IACC SEC filings, in plain English
Everything ION Acquisition Corp 3 Ltd. has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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- What changed vs 2022-08-04trust $253.4M → $254.5M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $253.4M$254.5M
- Combination deadline
- 2023-05-04 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 25.3M · unchanged
SpacBrain reads this as $1,141,993 was added to the trust between the two filings.
The clause “Total current assets 1,189,004 1,842,157 Long-term assets Marketable securities held in Trust Account 254,521,335 253,012,212 TOTAL ASSETS $ 255,710,339 $ 254,854,369 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current liabilities Accrued”…
The clause …“a Business Combination within the Combination Period. The Company will have until May 4, 2023 to consummate a Business Combination (the “Combination Period”). However, if the Company has not completed a Business Combination”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that the mandatory liquidation and subsequent dissolution, should the Company be unable to complete a Business”…
The clause “500,000,000 shares authorized; 756,000 shares issued and outstanding (excluding 25,300,000 shares subject to possible redemption) as of September 30, 2022 and December 31, 2021 76 76 Class B ordinary shares, $ 0.0001 par value; 50,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: ION Acquisition Corp 3 Ltd. called an extraordinary general meeting for November 17, 2022 at 6:00 p.m. local time in Herzliya, Israel, to amend its charter and move the termination date forward from May 4, 2023 to the date of the meeting itself and to remove the minimum net tangible asset requirement, with a matching trust amendment. Record date is October 21, 2022. The redemption price on the record date was approximately $10.06, based on $254,521,336 on deposit including interest, divided by the outstanding public shares. Why it matters: Winding up almost six months early returns $254.5 million at about $10.06 per share and, by completing in 2022, keeps the proceeds outside the 1% excise tax on repurchases that applies from January 1, 2023. Removing the minimum net tangible asset requirement is the mechanical step that permits every public share to be redeemed rather than only a portion. Holders receive a voluntary redemption followed by redemption of all remaining shares, so participation does not depend on making an election in time.
- What changed vs 2022-05-09trust $253.0M → $253.4M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $253.0M$253.4M
- Combination deadline
- 2023-05-04 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 25.3M · unchanged
SpacBrain reads this as $341,652 was added to the trust between the two filings.
The clause “Total current assets 1,340,023 1,842,157 Long-term assets Marketable securities held in Trust Account 253,379,342 253,012,212 TOTAL ASSETS $ 254,719,365 $ 254,854,369 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current liabilities Accrued”…
The clause …“a Business Combination within the Combination Period. The Company will have until May 4, 2023 to consummate a Business Combination (the “Combination Period”). However, if the Company has not completed a Business Combination”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that the mandatory liquidation and subsequent dissolution, should the Company be unable to complete a Business”…
The clause “500,000,000 shares authorized; 756,000 shares issued and outstanding (excluding 25,300,000 shares subject to possible redemption) as of June 30, 2022 and December 31, 2021 76 76 Class B ordinary shares, $ 0.0001 par value; 50,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-11-12trust $253.0M → $253.0M +0%going concern APPEARED
trust account, going-concern doubt, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $253.0M$253.0M
- Going-concern doubt
- not statedstated
- Combination deadline
- 2023-05-04 · unchanged
- Sponsor loans outstanding
- $146Knot matched in this filing
- Redeemable shares
- 25.3M · unchanged
SpacBrain reads this as $30,823 was added to the trust between the two filings.
The clause “Total current assets 1,575,544 1,842,157 Long-term assets Marketable securities held in Trust Account 253,037,690 253,012,212 TOTAL ASSETS $ 254,613,234 $ 254,854,369 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current liabilities Accrued”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined that the mandatory liquidation and subsequent dissolution, should the Company be unable to complete a Business”…
The clause …“a Business Combination within the Combination Period. The Company will have until May 4, 2023 to consummate a Business Combination (the “Combination Period”). However, if the Company has not completed a Business Combination”…
The clause “500,000,000 shares authorized; 756,000 shares issued and outstanding (excluding 25,300,000 shares subject to possible redemption) as of March 31, 2022 and December 31, 2021 76 76 Class B ordinary shares, $ 0.0001 par value; 50,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-08-11trust $253.0M → $253.0M +0%shares 24.1M → 25.3M +5%
trust account, redeemable shares, combination deadline +12 moved · 2 with no prior record of ours
- Trust account
- $253.0M$253.0M
- Redeemable shares
- 24.1M25.3M
- Combination deadline
- not previously extracted2023-05-04
- Sponsor loans outstanding
- not previously extracted$146K
SpacBrain reads this as $3,256 was added to the trust between the two filings.
The clause “3 Prepaid expenses 565,472 Total Current Assets 2,059,985 Marketable securities held in Trust Account 253,006,867 TOTAL ASSETS $ 255,066,852 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current Liabilities Accounts payable and accrued expenses”…
SpacBrain reads this as 1,201,867 more shares carry a redemption right.
The clause “500,000,000 shares authorized; 756,000 shares issued and outstanding (excluding 25,300,000 shares subject to possible redemption) 76 Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 6,325,000 shares issued and”…
The clause …“a Business Combination within the Combination Period. The Company will have until May 4, 2023 to consummate a Business Combination (the “Combination Period”). However, if the Company has not completed a Business Combination”…
The clause …“December 31, 2021 and (ii) the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $ 146,100 was repaid at the closing of the Initial Public Offering. Borrowings under the Promissory Note are”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
trust account, redeemable sharesnothing moved · 2 with no prior record of ours
- Trust account
- not previously extracted$253.0M
- Redeemable shares
- not previously extracted24.1M
The clause “Due from Sponsor 1,553,900 Total Current Assets 2,298,092 Marketable securities held in Trust Account 253,003,611 TOTAL ASSETS $ 255,301,703 LIABILITIES AND SHAREHOLDERS’ EQUITY Current Liabilities Accounts payable and accrued expenses”…
The clause “0,000,000 shares authorized; 1,957,867 shares issued and outstanding (excluding 24,098,133 shares subject to possible redemption) 195 Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 6,325,000 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.