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Iron Horse Acquisition II Corp. Announces the Separate Trading of its Ordinary Shares and Rights Commencing February 6, 2026

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Iron Horse Acquisition II Corp (NASDAQ: IRHO) said that starting February 6, 2026 holders of units from its Dec. 18, 2025 IPO may elect to separately trade ordinary shares and rights on the Nasdaq Global Market.

Each unit contains one ordinary share and one right (each right equals 1/10 of one ordinary share at the time of a business combination). Separated ordinary shares will trade as IRHO, rights as IRHOR, and unseparated units will remain IRHOU. Brokers must contact Continental Stock Transfer & Trust Company to separate units. Cantor Fitzgerald served as sole book-running manager.

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Positive

  • Separate trading increases potential liquidity for ordinary shares and rights
  • Clear ticker symbols: IRHO (shares), IRHOR (rights), IRHOU (units)

Negative

  • Holders must instruct brokers to contact transfer agent to separate units
  • Possible short-term trading fragmentation between separated and unseparated securities

Boca Raton, FL, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Iron Horse Acquisition II Corp. (the “Company”), a special purpose acquisition company formed as a Cayman Islands exempted company, today announced that commencing February 6, 2026, holders of the units sold in the Company’s initial public offering completed on December 18, 2025, may elect to separately trade the ordinary shares of the Company and the rights included in such units on the Nasdaq Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”). Each unit consists of one ordinary share of the Company, $0.0001 par value per share, and one right, each right entitling the holder to one-tenth (1/10) of one ordinary share at the time of the Company’s initial business combination.

The ordinary shares and rights that are separated will trade on Nasdaq under the symbols “IRHO” and “IRHOR,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “IRHOU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.

Cantor Fitzgerald & Co. served as the sole book-running manager for the offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Iron Horse Acquisition II Corp.

Iron Horse Acquisition II Corp. is a media, tech, & entertainment focused blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the Company is comprised of several media, entertainment, tech, and public markets specialists who boast a wide array of contacts and experiences across the multiple spaces. Iron Horse Acquisition II Corp. will examine deals spanning several verticals, including but not limited to fashion, animation, gaming, K-POP, AI, consumer products, and more.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties including those set forth in the Risk Factors section of the Company’s registration statement for the offering filed with the SEC, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contacts:

Iron Horse Acquisition II Corp. 
Bill Caragol 
bill@ironhorseacquisition.com


FAQ

When can IRHO unit holders separately trade ordinary shares and rights?

Yes — separate trading begins February 6, 2026. According to Iron Horse Acquisition II, unit holders from the Dec. 18, 2025 IPO may elect to split units so ordinary shares trade as IRHO and rights trade as IRHOR on Nasdaq.

What does each Iron Horse unit contain and how are rights defined?

Each unit contains one ordinary share and one right. According to Iron Horse Acquisition II, each right entitles the holder to one-tenth (1/10) of one ordinary share at the time of the company's initial business combination.

Which Nasdaq tickers will reflect Iron Horse separated and unseparated securities?

Separated ordinary shares will trade as IRHO, rights as IRHOR, and unseparated units remain IRHOU. According to Iron Horse Acquisition II, Nasdaq Global Market listings will use those three distinct symbols.

How do unit holders separate Iron Horse units into shares and rights?

Unit holders must ask their brokers to contact the transfer agent. According to Iron Horse Acquisition II, brokers should contact Continental Stock Transfer & Trust Company to complete the separation process for units.

Who managed Iron Horse Acquisition II's initial public offering completed Dec. 18, 2025?

Cantor Fitzgerald & Co. served as sole book-running manager for the IPO. According to Iron Horse Acquisition II, Cantor Fitzgerald led the offering completed on December 18, 2025.
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