Every 10-Q that Iron Horse Acquisitions II Corp. (IRHO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IRHO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IRHO filings page.
Iron Horse Acquisition II Corp. (IRHO) reported net income of $1,875,969 for the three months ended August 31, 2026, including $2,109,367 in Trust Account interest and $233,398 in general, formation and operational costs. For the nine months, net income was $4,535,965, including $5,820,815 in interest and $1,284,850 in costs.
IRHO has a proposed business combination with Electra Vehicles, Inc. at a base purchase price of $250,000,000 plus the Aggregate Exercise Price, payable in post-domestication common shares valued at $10.00 per share. The consideration is subject to automatic upward adjustment until it represents at least 50.1% of the Aggregate Company Fully Diluted Shares. Electra holders may earn up to 15,000,000 additional shares in three equal tranches based on share-price or annual run-rate milestones. Closing remains subject to conditions, including shareholder approvals and closing cash equaling or exceeding $30,000,000.
As of August 31, 2026, $235,645,815 was held in trust and cash outside the Trust Account was $1,522. Management identified substantial doubt about IRHO’s ability to continue as a going concern and reported ineffective disclosure controls due to two material weaknesses. Of $255,000 in past-due notes receivable from Electra, $150,000 was collected on October 2, 2026, leaving $105,000 outstanding.
Iron Horse Acquisition II Corp., a SPAC, reported net income of $1.3 million for the quarter and $2.66 million for the six months ended May 31 2026, driven by $3.71 million of interest on $233.54 million of cash and investments held in its trust account. Operating costs for the six-month period were $1.05 million.
The company completed its IPO on December 18 2025, selling 23,000,000 units at $10.00 each and 570,000 private placement units, and placed $230.0 million into the trust account. As of May 31 2026 it had $46,833 of cash outside the trust account, working capital of $295,740, and a shareholders’ deficit of $10.94 million, mainly from redeemable Class A shares recorded at redemption value.
The company entered into a Business Combination Agreement with Electra Vehicles, Inc., under which it will domesticate to Delaware and acquire Electra for equity valued at a $250 million base purchase price plus the aggregate exercise price of in-the-money options, payable in IRHO common shares with an earnout of up to 15,000,000 additional shares. Management discloses substantial doubt about the company’s ability to continue as a going concern absent completing a business combination within the 24‑month combination period.
Iron Horse Acquisition II Corp., a SPAC focused on media and entertainment targets, reports its first quarter as a public company for the period ended February 28, 2026. Total assets were $232.4 million, including $231.5 million of cash and investments held in a Trust Account following its December 2025 IPO of 23 million units at $10.00 each.
The company recorded net income of $1.36 million, driven by $1.64 million of interest earned on Trust Account funds, partially offset by $278 thousand of general, formation and operating costs. Ordinary shares subject to possible redemption totaled 23 million at a redemption value of $10.06 per share. Management concludes it has sufficient liquidity for at least one year but continues to seek a suitable business combination.
As of February 28, 2026, cash outside the Trust Account was $718 thousand and working capital was $717 thousand. Deferred underwriting fees tied to a future business combination were $10.95 million. The company reports that its disclosure controls and procedures were not effective as of quarter-end, although no specific restatements or adjustments are disclosed.