IRON HORSE ACQUISITION II prices $200 million IPO at $10 per unit

December 16, 2025 5:30 PM EST

Iron Horse Acquisition II Corp. priced its initial public offering of 20 million units at $10.00 per unit, raising $200 million. The units will begin trading on Nasdaq under ticker symbol "IRHOU" on December 17, 2025.



Each unit consists of one ordinary share and one-tenth of a right. The rights entitle holders to one-tenth of an ordinary share upon completion of the company's initial business combination. The ordinary shares and rights are expected to trade separately on Nasdaq under symbols "IRHO" and "IRHOR" respectively.



The offering is scheduled to close December 18, 2025, subject to customary closing conditions. Cantor Fitzgerald & Co. serves as book-running manager and representative of the underwriters. The company granted underwriters a 45-day option to purchase up to 3 million additional units to cover over-allotments.



Iron Horse Acquisition II Corp. is a special purpose acquisition company led by Chairman and CEO Jose Antonio Bengochea. The company was formed to pursue mergers, share exchanges, asset acquisitions or similar business combinations. The company intends to focus its search on businesses in the media and entertainment industry, primarily in the United States.



The Securities and Exchange Commission declared the registration statement effective on December 16, 2025, according to the company's announcement.


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