Iron Horse Acquisitions II Corp. Common Stock
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $295.3M
- Price
- $10.07
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.05%
- Volume
- 12.2K
About
Iron Horse Acquisitions II Corp. operates as a special purpose acquisition company, or SPAC. Its primary mission is to finalize a business combination, which could involve a merger, an asset or share acquisition, a reorganization, or a similar transaction with one or more existing enterprises. This entity was established on November 26, 2024, and maintains its principal offices in Boca Raton, Florida.
Quick stats
Shares outstanding29.3M
Computed float23.2M
Float / shares79.1%
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002051985
AI Summary
AI-generated1/17
standardbullishm and a
ELECTRA AI and Iron Horse Acquisition II Corp. (Nasdaq: IRHO) Report Sustained Commercial and Strategic Momentum Since Announcing Their Proposed $250 Million+ Business Combination Agreement
Iron Horse Acquisition II Corp. (IRHO) and merger target ELECTRA AI report continued commercial and strategic momentum since signing their definitive business combination agreement on April 21, 2026, a transaction valuing ELECTRA at approximately $250 million+ including earn-out targets.
Since signing, ELECTRA has added deployments and partnerships spanning Indian battery-swapping (Mooving), EV manufacturing (Omega Seiki Mobility), mining fleets (Propel Industries), BESS diagnostics (MinTech), post-quantum cybersecurity (Naoris Quantum Protocol), and satellite battery intelligence via an MoU with D-Orbit.
The transaction is expected to close in the second half of 2026, with the combined company listing on Nasdaq under the ticker AIBR; a Form S-4 was filed with the SEC in May 2026 and both boards have unanimously approved the deal.
No financial figures for ELECTRA were disclosed in the update, and closing remains subject to Iron Horse stockholder approval, SEC registration, and Nasdaq continued-listing standards.
Red flags
- De-SPAC closing remains subject to Iron Horse stockholder approval, S-4 effectiveness, and Nasdaq continued-listing standards
- Implied $250M+ valuation includes earn-out targets; no ELECTRA revenue or profitability figures disclosed in the update
- Several engagements are MoUs or technical collaborations (D-Orbit, MinTech, Naoris) rather than disclosed revenue contracts, and the release is promotional in tone