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Industrial Tech Acquisitions, Inc.

ITAC · Nasdaq

Trust settledArbe Robotics Ltd. · Finished

NO ACTION REQUIRED

Nothing left to do

The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.

Cash at settlement

no closing figure

No cash-per-share figure was filed for this vehicle before it finished.

Last close

no quote on file

Daily close

Nothing left to claim

this vehicle finished

There is nothing to hand back: holders who wanted cash elected it at the vote, and the rest became shares in the buyer.

Read what happened to the cash

The floor

Trust settled

This SPAC has finished — its trust was paid out or used to close the deal, so there is nothing left to redeem

Read the reasoning behind this verdict

No price history on file yet — daily closes accumulate from the market data feed.

Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.

SpacBrain’s read

Trust settled

The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

In plain terms

What it is
A SPAC from Industrial Tech Acquisitions, Inc. / Industrial Tech Acquisitions II, Inc. / Texas Ventures Acquisition III Corp (Viswanathan Aruna), listed on Nasdaq in September 2020.
What it's doing now
It agreed to buy Arbe Robotics Ltd., a 4D imaging radar solutions for automotive company. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
What you should know
This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.

At a glance

Where it stands
Closed (deSPAC)
The business it bought
Arbe Robotics Ltd.
Industry
Information Technology — 4D imaging radar solutions for automotive
Deal value
not stated in the filings we hold
Price vs cash at settlement
no live price on file
Cash in trust when it settled
not yet extracted into a snapshot — the filings below may state it
the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
IPO
10 September 2020
size not on file · 101.0% of each $10 unit into trust
Headquarters
5090 RICHMOND AVENUE SUITE 319, HOUSTON, TX, 77056
registered in Delaware
Lead underwriter
not extracted from the prospectus yet
Key officers
CRIST EUGENE SCOTT (CEO) · SMITH R GREG (Chief Financial Officer) · Moore Harvin C. IV (Director)
Listed securities
ITAC common
Cash held per sharenot filed for this window

This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.

Next date that mattersno dated event on file

Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.

Yield to redemption

Nothing left to redeem — no yield to compute.

This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.

What happened to the cash

The reasoning behind the verdict above, in the order the filings establish it.

  1. The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

What has happened, and what is coming

1 dated milestone

Every dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.

  1. 10 September 2020IPOpassed

    IPO size not on file

The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.

  • Arbe Robotics Ltd.—
    closedInformation TechnologySEC primary

    What Arbe Robotics Ltd. does — read from arberobotics.com on 26 August 2026

    Arbe Robotics develops ultra-high-resolution 4D imaging radar for eyes-off driving up to full autonomy, as well as other safety-critical sensing and perception applications. The Nasdaq-listed company works with leading OEMs, Tier 1 suppliers, and system integrators across the United States, Europe, and Asia.

    AutomotiveAll-Terrain & IndustrialStatic Applications
    Deal structureSEC-primary — BCA 8-K / S-4 / DEFM14A
    Min-cash condition
    $100M
    stated in:0001213900-21-048646 opens on sec.gov in a new tab

The score

deterministic, from filed fields

ITAC is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.

See the names that are scored, and how

The company

from SEC filings
Read the full profile

Industrial Tech Acquisitions, Inc. was a blank-check company whose common stock traded on the Nasdaq Stock Market under the ticker ITAC. The company priced its initial public offering on September 10, 2020, under SEC file number 333-242339, an S-1 registration of shares sold for cash, and described itself as a blank check company in its 424B4 prospectus. Its SEC SIC industry code was 3674 (Semiconductors & Related Devices). The company completed a business combination and no longer files; Form 25 was filed on October 7, 2021, under 17 CFR 240.12d2-2(a)(3), indicating that its Class A common stock, warrants, and units had come to evidence other securities in substitution therefor.

Material findings

from the full read of every filing

Every document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.

  • DEFM14A17 September 20210001213900-21-048646opens on sec.gov in a new tab

    ITAC's holders move to an Israeli issuer one-for-one, and their warrants become Arbe Warrants at the same exercise price and for the same exercise period, so nothing about the SPAC's own securities is repriced. What changes underneath them is Arbe's own capital: immediately before the effective time Arbe recapitalises, forcing exercise of its outstanding warrants other than the Continuing Warrants — those not required by their terms to be exercised and not voluntarily exercised — and converting each outstanding Arbe Preferred Share into ordinary shares.

  • PREM14A18 August 20210001213900-21-043660opens on sec.gov in a new tab

    The exchange is one-for-one in both stock and warrants, so an ITAC holder's instrument count does not change — what changes is the issuer, which becomes an Israeli company. The fee table prices the pieces separately: $10.125 per ordinary share, $1.105 per warrant, $11.00 per unit and $11.50 per share issuable on warrant exercise, for $237,914,858.40 in aggregate. Before the effective time Arbe recapitalises, requiring its own outstanding warrants to be exercised except for Continuing Warrants not required by their terms and not voluntarily exercised.

  • 10-Q16 November 20200001213900-20-037374opens on sec.gov in a new tab

    A newly funded shell with only $659,078 outside trust, so sponsor support is needed for any extended search. The trust figure is already stale: on October 13, 2020 the underwriters partially exercised, adding 123,600 units and lifting trust to $76,998,600, and the cover-page counts as of November 16, 2020 (7,774,836 Class A, 1,902,900 Class B) reflect that plus founder-share forfeiture rather than the balance sheet. Equity sits on the $5,000,001 net-tangible-assets floor by construction, which is normal for 2020 presentation.

  • 8-K17 September 20200001213900-20-027181opens on sec.gov in a new tab

    Gives the trust deposit the September 11 report did not: $75,750,000 against 7,500,000 public units. The filing states that figure comprises $72,675,000 of IPO proceeds — which it says includes $2,625,000 of underwriters' deferred discount — plus the $3,075,000 of private placement warrant money, so a portion of the headline balance is a fee contingent on a business combination rather than value attributable to holders.

  • 8-K11 September 20200001213900-20-026290opens on sec.gov in a new tab

    Warrant coverage here is a full warrant per unit, not the one-third or one-half typical of the larger 2020 vehicles, so dilution on exercise is proportionally much greater for a $75 million shell. Item 3.02 states the sponsor, Industrial Tech Partners, LLC, bought 3,075,000 placement warrants at $1.00 for $3,075,000 with no underwriting discount, under Section 4(a)(2). Item 5.03 records the Second Amended and Restated Certificate of Incorporation filed in Delaware on September 8, 2020.

  • 424B410 September 20200001213900-20-026081opens on sec.gov in a new tab

    A 15-month clock is neither of the two numbers this tier usually carries, and the long-stop is 21 - so both the stated deadline and the reachable one differ from the 18/24 default. The unit carries a whole warrant at $11.50 rather than a fraction, doubling the exercise overhang, and the trust is funded at $10.10 on a $10.00 unit. The $18.00 call test runs on the last sale price for 20 of 30 trading days ending three trading days before notice and resets to 180% of the higher of Market Value and Newly Issued Price.

Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

Show the other 10 filings
  • 4257 October 20210001213900-21-051851opens on sec.gov in a new tab
  • 8-K7 October 20210001213900-21-051849opens on sec.gov in a new tab
  • DEFM14A17 September 20210001213900-21-048646opens on sec.gov in a new tab

    What changed: Industrial Tech Acquisitions, Inc. issued definitive merger materials — also a prospectus for up to 9,680,736 Arbe Ordinary Shares, 10,938,976 warrants and the 10,938,976 ordinary shares issuable on their exercise — under the Business Combination Agreement dated March 18, 2021 with Arbe Robotics Ltd., an Israeli company, and Autobot MergerSub, Inc. Merger Sub merges into ITAC, which survives as a wholly owned subsidiary of Arbe, and ITAC's Class A and Class B holders receive an equal number of Arbe Ordinary Shares. Why it matters: ITAC's holders move to an Israeli issuer one-for-one, and their warrants become Arbe Warrants at the same exercise price and for the same exercise period, so nothing about the SPAC's own securities is repriced. What changes underneath them is Arbe's own capital: immediately before the effective time Arbe recapitalises, forcing exercise of its outstanding warrants other than the Continuing Warrants — those not required by their terms to be exercised and not voluntarily exercised — and converting each outstanding Arbe Preferred Share into ordinary shares.

    pipe, outside datenothing moved · 2 with no prior record of ours
    PIPE
    no earlier filing$3.4M

    The clause …“include Texas Ventures, an affiliate of the Company, which subscribed for $3,400,000 in the PIPE financing. E. Scott Crist, who is chief executive officer and a director of the Company and the managing member of the Sponsor, is a”…

    Outside date
    no earlier filing2021-08-31

    SpacBrain reads this as the agreement may be terminated from 2021-08-31.

    The clause …“to the Closing set forth in Article VI have not been satisfied or waived by August 31, 2021 (the “ Outside Date ”); provided, however, that the right to terminate this Agreement under this Section 7.1(a) shall not be available to a”…

    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.

  • 8-K16 September 20210001213900-21-048283opens on sec.gov in a new tab
  • 42516 September 20210001213900-21-048285opens on sec.gov in a new tab
  • PRER14A13 September 20210001213900-21-047576opens on sec.gov in a new tab
  • 42510 September 20210001213900-21-047392opens on sec.gov in a new tab
  • 8-K10 September 20210001213900-21-047387opens on sec.gov in a new tab
  • PREM14A18 August 20210001213900-21-043660opens on sec.gov in a new tab

    What changed: Industrial Tech Acquisitions, Inc. filed a preliminary proxy statement and prospectus for a special meeting on the Business Combination Agreement dated March 18, 2021 with Arbe Robotics Ltd., an Israeli company, and Autobot MergerSub, Inc. Merger Sub merges into ITAC, which survives as a wholly owned subsidiary of Arbe; ITAC's Class A and Class B holders receive an equal number of Arbe Ordinary Shares and ITAC warrant holders receive Arbe Warrants on the same terms. The prospectus covers up to 9,680,736 ordinary shares, 10,938,976 warrants and the 10,938,976 shares underlying them. Why it matters: The exchange is one-for-one in both stock and warrants, so an ITAC holder's instrument count does not change — what changes is the issuer, which becomes an Israeli company. The fee table prices the pieces separately: $10.125 per ordinary share, $1.105 per warrant, $11.00 per unit and $11.50 per share issuable on warrant exercise, for $237,914,858.40 in aggregate. Before the effective time Arbe recapitalises, requiring its own outstanding warrants to be exercised except for Continuing Warrants not required by their terms and not voluntarily exercised.

  • 10-Q16 August 20210001213900-21-043128opens on sec.gov in a new tab
    What changed vs 2021-06-04trust $77.0M → $77.0M +0%
    trust account, combination deadline, sponsor loans outstanding +11 moved · 3 with no prior record of ours
    Trust account
    $77.0M$77.0M

    SpacBrain reads this as $2,794 was added to the trust between the two filings.

    The clause …“60,123 110,466 Total current assets 165,805 516,847 Marketable securities held in Trust Account 77,007,185 77,000,788 Total Assets $ 77,172,990 $ 77,517,635 Liabilities and Stockholders’ Equity Accounts payable $ 46,402 $ 109,432”…

    Combination deadline
    not previously extracted2021-10-31

    The clause …“by which their business combination must be completed from August 31, 2021 to October 31, 2021. 17 Note 8 — Stockholders’ Equity Preferred Stock — The Company is authorized to issue a total of 1,000,000 preferred shares at par value of”…

    Sponsor loans outstanding
    $100K · unchanged

    The clause …“to $250,000. As of the date of this Quarterly Report on Form 10-Q, there is $100,000 outstanding under the Promissory Note. Further, the Sponsor confirmed and agreed that that the Promissory Note would only be repaid in the event that”…

    Redeemable shares
    7.62M · unchanged

    The clause …“authorized; 151,236 and 2,195,955 shares issued and outstanding (excluding 7,623,600 and 5,578,881 shares subject to possible redemption), respectively 15 220 Class B common stock, $ 0.0001 par value; 20,000,000 shares authorized;”…

    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.

The record

The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.

Show the reference detail

Unit structure

Cash in trust at IPO$10.10

Unit: U = S + W · 101.0% of the $10 unit

from 424B4 0001213900-20-026081

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Semiconductors & Related Devices (3674)
Registered inDelaware
Exchange · CIKNasdaq · 0001816696

All filings on EDGARopens on sec.gov in a new tab

Directors & officers

Institutional holders

from SC 13G/13D

Funds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.

Show the declared stakes

6 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.

One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.

News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.

Show the headlines

Sources on file

harvested pages, kept in full

Every public page we have read about this company, stored in full so a source can never go missing.

Show the sources

33 full SEC filing texts archived — searchable, never lost.

In plain English

tap a term to open it

Every piece of jargon this page could have used, and what it actually means.

Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected

A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.

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.

Broker action datethe day your broker needs the instruction — earlier than the official date

Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.

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.

Trust discountbuying below the cash held for you

Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.

Dilutionhow much of the company new shares take from you

Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.

Pro-forma equitywhat the company is valued at once the deal closes

The combined company's equity value assuming the announced terms and the redemptions that have actually happened.

ARShow much upside you get per unit of downside

SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.

De-SPACthe day the SPAC becomes the real company

The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.

Outside datethe contractual long-stop for closing the deal

A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.

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.

Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since

A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.

Ask the brain

from its filings
Data provenance & audit trail5 internal entries

Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.

ITAC — company record
UNIVERSE-IPO-INDEX2026-08-17

admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 3674 (Semiconductors & Related Devices). The screen found it by filing SHAPE instead — S-1 2020-08-07 → 8-A12B 2020-09-04 → 424B4 2020-09-10 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 3674 + self-described blank check in 424B4 0001213900-20-026081; 424B 0001213900-20-026081 priced 2020-09-10 under S-1 0001213900-20-020908 (file 333-242339, an offering for cash); common ticker ITAC off 10-K 0001213900-21-019334 (2021-03-31); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-242339, which belongs to S-1 0001213900-20-020908 (2020-08-07) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2020-09-10). Ending PROVEN, not inferred: CLOSED per Form 25 0001354457-21-001140 (2021-10-07) — Form 25 filed under 17 CFR 240.12d2-2(a)(3) — the rule for securities that "have come to evidence other securities in substitution therefor", i.e. the shares became the successor's (class: Class A common stock, warrants, units). ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.

SPONSOR-ID2026-08-14

sponsor "Industrial Tech Partners, LLC" (SEC CIK 0001816600) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-20-025670.

Deal — Arbe Robotics Ltd.
UNTAGGED

[CLOSED-2.01] SEC accession 0001213900-21-052666 (Form 8-K, item 2.01 Completion of Acquisition or Disposition of Assets); the cover's date of earliest event reported is 2021-10-06. That is the SEC's own date for this report and NOT necessarily the closing day — an 8-K may cover several events, and where the two differ the closing date is in the quoted sentence below. Target read STRUCTURALLY from the merger agreement's party list — the party that is neither the registrant (identified by the filing's own cover page) nor a merger sub (identified by the clause making it a subsidiary of another party) nor an accommodation party (identified by a "solely for purposes of" joinder), and it was the only one left. The sentence it was read from: "(the "Company") with the Securities and Exchange Commission (the "SEC") on March 24, 2021 and in the Company's proxy statement filed with the SEC on September 17, 2021, the Company entered into a definitive business combination agreement, dated as of March 18, 2021 (as amended, the "Business Combination Agreement"), with Arbe Robotics Ltd., an Israeli company ("Arbe"), a global leader in next-generation 4D Imaging Radar Solutions." No deal value is set — an item-2.01 heading is not a figure. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists. [DEAL-STRUCTURE-MINED] minCashM=100 from primary filings (0001213900-21-048646).

PROFILE-STUB2026-08-25

entity created from the filed target name; no About paragraph on file, so every other field awaits a sourced read

SEGMENT-FROM-FILING2021-10-07

OTHER confirmed, on 425 0001213900-21-051851: "Arbe, a global leader in next-generation 4D Imaging Radar Solutions"

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