Iron Horse Acquisitions Corp. (NASDAQ:IROHU, the “Company”))))) announced today that it priced its initial public offering of 6,100,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“NASDAQ”) and trade under the ticker symbol “IROHU” beginning December 27, 2023. Each unit consists of one share of common stock, one warrant, and one right entitling the holder to receive one-fifth (1/5) of one share of common stock upon consummation of an initial business combination. Once the securities comprising the units begin separate trading, the common stock, warrants and rights will be traded on NASDAQ under the symbols “IROH,” “IROHW,” and “IROHR,” respectively.
EF Hutton LLC, is acting as sole book-running manager in the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as co-manager in the offering. The underwriter has been granted a 45-day option to purchase up to an additional 900,000 units offered by the Company to cover over-allotments, if any. The offering is expected to close on December 28, 2023, subject to customary closing conditions.
