Iron Horse Acquisitions Corp. 8-K Report: Capital Structure Insights Revealed!

$IROH
Form 8-K
Filed on: 2024-12-19
Source
Iron Horse Acquisitions Corp. 8-K Report: Capital Structure Insights Revealed!

Here's a summarized analysis of the key information extracted from the financial report you provided:

Entity Information

  • Company Name: Iron Horse Acquisitions Corp.
  • CIK: 0001901203
  • SEC Filing: 8-K
  • Filing Date: December 16, 2024
  • SEC File Number: 001-41898
  • EIN: 85-4105289
  • Address: P.O. Box 2506, Toluca Lake, CA 91610
  • Contact Number: 310-290-5383

Financial Instruments

The report indicates the issuance of units that consist of:

  1. Common Stock
  2. Redeemable Warrants: Each whole warrant is exercisable for one share of common stock at an exercise price of $11.50 per share.
  3. Rights: Entitling the holder to receive one-fifth (1/5) of one share of common stock.

Stock Symbols

  • Common Stock: IROHU (NASDAQ)
  • Redeemable Warrants: IROHW (NASDAQ)
  • Rights: IROHR (NASDAQ)

Reporting Context

  • Period: The information is effective as of December 16, 2024.
  • Segmentation: The report includes details categorized under different classes of stock, specifically focusing on common stock, redeemable warrants, and rights.

Measurement Units

  • Currency: USD (United States Dollar)
  • Shares: The units are also measured in shares, indicating a potential equity structure for investors.

Insights

  1. Capital Structure: The issuance of units that combine common stock, warrants, and rights suggests a strategic approach to raise capital while providing flexibility and incentives for investors.
  2. Investor Engagement: The presence of redeemable warrants and rights indicates an effort to engage investors by offering potential future value tied to the company’s stock performance.
  3. Exercise Price: The specified exercise price of $11.50 for the warrants provides a benchmark for evaluating potential profitability for investors.

This analysis provides a compact overview of Iron Horse Acquisitions Corp.'s financial report, focusing on the essential elements relevant to potential investors and stakeholders.