- On **October 14, 2025**, Israel Acquisitions Corp (ISRL) entered into a **Letter Agreement** with Gadfin Ltd. and an **Advisory Agreement** with BTIG, LLC, effective **October 10, 2025**, for strategic and capital markets advisory services related to its business combination with Gadfin Ltd..  **[1915328_0001104659-25-100143_tm2519879d1_8k.htm:1]** **[1915328_0001104659-25-100143_tm2528917d1_ex10-2.htm:0]** 
- As compensation for these services, BTIG will receive an **Advisory Fee** upon the closing of the Business Combination, consisting of **$500,000 in cash** and **100,000 Class A ordinary shares** of ISRL, valued at **$10.00 per share**.  **[1915328_0001104659-25-100143_tm2519879d1_8k.htm:1]** **[1915328_0001104659-25-100143_tm2528917d1_ex10-2.htm:1]** 
- In exchange for the Advisory Fee, **BTIG waived its right to the Deferred Underwriting Commission** from a previous underwriting agreement dated January 12, 2023.  **[1915328_0001104659-25-100143_tm2519879d1_8k.htm:1]** **[1915328_0001104659-25-100143_tm2528917d1_ex10-2.htm:1]** 
- Gadfin Ltd. consented to the Advisory Agreement and **waived its right to terminate the Business Combination Agreement**, which it had if ISRL did not secure the deferred underwriting commission waiver within 30 days of July 2, 2025.  **[1915328_0001104659-25-100143_tm2519879d1_8k.htm:1]** **[1915328_0001104659-25-100143_tm2528917d1_ex10-1.htm:1]** 
- The Advisory Agreement also grants BTIG a **three-year exclusive right of first refusal** to act as lead underwriter for future special purpose acquisition company (SPAC) initial public offerings undertaken by ISRL or its Sponsor.  **[1915328_0001104659-25-100143_tm2519879d1_8k.htm:1]** **[1915328_0001104659-25-100143_tm2528917d1_ex10-2.htm:2]**

Israel Acquisitions (ISRL)