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Iron Horse Acquisition II Corp (NASDAQ: IRHOU) closed its initial public offering of 23,000,000 units at $10.00 per unit, including 3,000,000 units from the underwriter's full over-allotment, for gross proceeds of $230,000,000. Units began trading on the Nasdaq Global Market under IRHOU on December 17, 2025. Each unit contains one Class A ordinary share and one right to receive one-tenth (1/10) of a Class A share upon completion of an initial business combination. Once separated, shares and rights are expected to trade as IRHO and IRHOR. Cantor Fitzgerald served as sole book-running manager and the SEC declared the registration effective on December 16, 2025.
Iron Horse Acquisition II Corp (NASDAQ: IRHOU) priced an initial public offering of 20,000,000 units at $10.00 per unit, representing gross proceeds of $200 million. Units will begin trading on Nasdaq under IRHOU on December 17, 2025, and the offering is expected to close on December 18, 2025, subject to customary closing conditions.
Each unit contains one ordinary share and one-tenth of a right; upon separate trading the shares and rights are expected to list as IRHO and IRHOR. The company is a SPAC targeting business combinations, with an intended focus on the U.S. media and entertainment sector. Cantor Fitzgerald is the book-running manager; underwriters have a 45-day option to buy up to 3,000,000 additional units to cover over-allotments.
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