Iron Horse Acquisitions Confirms Nasdaq Listings, Emerging Growth Status
Ticker: UCFIW · Form: 8-K · Filed: Jan 5, 2024 · CIK: 1901203
| Field | Detail |
|---|---|
| Company | Iron Horse Acquisitions Corp. (UCFIW) |
| Form Type | 8-K |
| Filed Date | Jan 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $10.00, $69,000,000, $2,457,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, spac, emerging-growth-company, nasdaq-listing
Related Tickers: IROH, IROHR, IROHU, IROHW
TL;DR
**Iron Horse Acquisitions Corp. confirms Nasdaq listings and emerging growth status in a routine 8-K.**
AI Summary
Iron Horse Acquisitions Corp. filed an 8-K on January 5, 2024, reporting an event that occurred on December 29, 2023. This filing is a routine update, indicating the company's status as a blank check company (SPAC) and listing its securities (Common Stock, Rights, Units, Warrants) traded on The Nasdaq Stock Market LLC under symbols IROH, IROHR, IROHU, and IROHW, respectively. For investors, this filing primarily confirms the company's current trading status and its classification as an emerging growth company, which means it operates under reduced disclosure requirements, potentially impacting the depth of information available to shareholders.
Why It Matters
This filing confirms Iron Horse Acquisitions Corp.'s securities are actively traded on Nasdaq and its status as an emerging growth company, which can affect regulatory compliance and investor information access.
Risk Assessment
Risk Level: low — This filing is largely administrative and does not disclose new material risks or changes to the company's operations or financial health.
Analyst Insight
A smart investor would note this filing as a routine administrative update, confirming the company's trading status and emerging growth classification. It doesn't provide new information warranting immediate action but reinforces the company's current operational framework as a SPAC.
Key Players & Entities
- Iron Horse Acquisitions Corp. (company) — the registrant filing the 8-K
- The Nasdaq Stock Market LLC (company) — the exchange where Iron Horse's securities are registered
- December 29, 2023 (date) — date of the earliest event reported
- January 5, 2024 (date) — date the 8-K was filed
FAQ
What is the purpose of this 8-K filing by Iron Horse Acquisitions Corp.?
This 8-K filing, dated January 5, 2024, reports an event that occurred on December 29, 2023, and primarily serves to update the public on the company's current status, including its securities registered on The Nasdaq Stock Market LLC and its classification as an emerging growth company.
Which securities of Iron Horse Acquisitions Corp. are registered on The Nasdaq Stock Market LLC?
The filing states that Common Stock (IROH), Rights (IROHR), Units (IROHU), and Warrants (IROHW) of Iron Horse Acquisitions Corp. are all registered on The Nasdaq Stock Market LLC.
What is Iron Horse Acquisitions Corp.'s classification regarding growth status?
Iron Horse Acquisitions Corp. indicates by check mark that it is an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
What is the business address and phone number for Iron Horse Acquisitions Corp.?
The business address for Iron Horse Acquisitions Corp. is P.O. Box 2506, Toluca Lake, CA 91610, and its telephone number is (310) 290-5383.
What is the Central Index Key (CIK) for Iron Horse Acquisitions Corp.?
The Central Index Key (CIK) for Iron Horse Acquisitions Corp. is 0001901203.
Filing Stats: 647 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2024-01-05 17:12:15
Key Financial Figures
- $0.0001 — consists of one share of common stock, $0.0001 par value ("Common Stock"), one full wa
- $10.00 — Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of
- $69,000,000 — per Unit, generating gross proceeds of $69,000,000. Simultaneously with the closing of th
- $2,457,000 — warrants, generating total proceeds of $2,457,000. A total of $69,000,000 of the net pro
Filing Documents
- c107640_8k-ixbrl.htm (8-K) — 24KB
- c107640_ex99-1.htm (EX-99.1) — 98KB
- 0000930413-24-000039.txt ( ) — 307KB
- iroh-20231229.xsd (EX-101.SCH) — 4KB
- iroh-20231229_def.xml (EX-101.DEF) — 13KB
- iroh-20231229_lab.xml (EX-101.LAB) — 25KB
- iroh-20231229_pre.xml (EX-101.PRE) — 13KB
- c107640_8k-ixbrl_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events. As previously disclosed, on December 29, 2023, Iron Horse Acquisitions Corp. (the "Company") consummated its initial public offering (the "IPO") of 6,900,000 units (the "Units"), which amount includes partial exercise of the underwriters' over-allotment option for 800,000 Units and 100,000 Units registered pursuant to a registration statement on Form S-1MEF (File No. 333-276282) pursuant to Rule 462(b) under the Securities Act of 1933, as amended, filed on December 27, 2023, in addition to the Units registered pursuant to the Company's registration statement on Form S-1 (File No. 333-275076) with respect to the IPO. Each Unit consists of one share of common stock, $0.0001 par value ("Common Stock"), one full warrant, and one right to receive one-fifth (1/5) of one share of Common Stock upon the consummation of an initial business combination (as described in the Company's organizational documents and in Company's registration Simultaneously with the closing of the IPO, the Company consummated the private placement (the "Private Placement") with Bengochea SPAC Sponsors I LLC, the Company's sponsor, of 2,457,000 warrants, generating total proceeds of $2,457,000. A total of $69,000,000 of the net proceeds from the sale of Units in the IPO and the net proceeds from the Private Placement was placed in a trust account established for the benefit of the Company's public shareholders. An audited balance sheet as of December 29, 2023 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.
01. Financial Statements
Item 9.01. Financial Statements and Exhibits. 99.1 Audited Balance Sheet as of December 29, 2023.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 5, 2024 IRON HORSE ACQUISITIONS CORP. By: /s/ Jose A. Bengochea Name: Jose A. Bengochea Title: Chief Executive Officer