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Iron Horse Acquisitions Corp: December 2024 SEC 8-K Report on New Securities Offering

$IROH
Form 8-K
Filed on: 2024-12-23
Source
Iron Horse Acquisitions Corp: December 2024 SEC 8-K Report on New Securities Offering

Here are the key insights extracted from the provided section of the financial report:

  1. Entity Identification:
  • The entity in question is Iron Horse Acquisitions Corp. with the SEC Central Index Key (CIK) of 0001901203.
  1. Report Date:
  • The report is dated December 19, 2024, indicating that it is a current report (8-K) filed with the SEC.
  1. Securities Offered:
  • The report details units being offered that consist of:
    • One share of common stock
    • One redeemable warrant (exercisable for one share of common stock at an exercise price of $11.50 per share)
    • One right entitling the holder to receive one-fifth of one share of common stock.
  1. Securities Identifiers:
  • The various securities have the following identifiers listed for trading:
    • Common Stock: IROHU (NASDAQ)
    • Redeemable Warrants: IROHW (NASDAQ)
    • Rights: IROHR (NASDAQ)
  1. Measurement Units:
  • The report uses multiple measurement units:
    • Monetary amounts are expressed in USD.
    • Shares are indicated as the unit of measure for the common stock and warrants.
  1. Segment Information:
  • The report specifies segments under the US GAAP framework, categorizing the types of securities offered:
    • Common Stock Member
    • Redeemable Warrants Member
    • Rights Member
  1. Company Contact Information:
  • The company’s contact details are provided:
    • Address: P.O. Box 2506, Toluca Lake, CA 91610
    • Phone: 310-290-5383

Insights:

  • The offering includes complex financial instruments (units) that may appeal to different investor strategies, providing both equity and potential for future equity through warrants and rights.
  • The exercise price for the warrants is fixed, which could be attractive if the underlying common stock appreciates significantly.
  • The structured offering indicates a potential for raising capital while providing investors with diversified instruments.

This information is critical for investors looking to understand the nature of the securities being offered and the financial positioning of Iron Horse Acquisitions Corp.