Electra Vehicles, Inc. and Iron Horse Acquisition II Corp. (Nasdaq: IRHO) Announce a Definitive Business Combination Agreement to Create the World's First Publicly Traded AI Battery Intelligence Company
In January 2025, a Tesla Cybertruck wrapped in Electra's logo drove from Boston to Santa Clara, passing through CES 2025 in Las Vegas — 3,000 miles, coast to coast — powered not just by electricity, but by artificial intelligence (AI) that predicted every charge stop, extended the battery's life in real time, and delivered 20% more range. No breakdowns. No surprises.
Iron Horse Acquisition II Corp. Announces Closing of $230,000,000 Initial Public Offering
Iron Horse Acquisition II Corp. (
NASDAQ: IRHOU) (the “Company”), a Cayman Islands exempted company, today announced the closing of its initial public offering of 23,000,000 units at $10.00 per unit, including 3,000,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option, resulting in gross proceeds of $230,000,000.
