Overview
- TickerIRHO on Nasdaq1
- IndustryServices-Business Services, NEC1
- HeadquartersBoca Raton, Florida1
- Business address851 Broken Sound Parkway Nw, Suite 230, Boca Raton, Fl 334872
- Filer category, Emerging growth company2
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Following the closing of the Initial Public Offering, on December 18, 2025, an amount of $230,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units and the Private Placement Units was placed in the Trust Account;3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-11-30 |
|---|---|
| General and administrative costs | $204.4K |
| Loss from operations | -$204.4K |
| Net loss | -$204.4K |
| Basic weighted average ordinary shares outstanding | 5.0M shares |
| Diluted weighted average ordinary shares outstanding | 5.0M shares |
| Basic net loss per ordinary share | -$0.04 |
| Diluted net loss per ordinary share | -$0.04 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.4
| Period ending | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Cash | $432 | |
| Prepaid expenses | $25.0K | |
| Total current assets | $25.4K | |
| Deferred offering costs | $339.2K | $15.0K |
| TOTAL ASSETS | $364.7K | $15.0K |
| Accrued expenses | $53.6K | $1.3K |
| Accrued offering costs | $172.8K | |
| Due to Sponsor | $11.9K | |
| TOTAL LIABILITIES | $538.3K | $16.3K |
| Ordinary share, value | $575 | $575 |
| Stock subscription receivable | -$25.0K | |
| Additional paid-in capital | $31.4K | $24.4K |
| Accumulated deficit | -$205.7K | -$1.3K |
| TOTAL SHAREHOLDERS DEFICIT | -$173.7K | -$1.3K |
| TOTAL LIABILITIES AND SHAREHOLDERS DEFICIT | $364.7K | $15.0K |
| Preferred shares, par value per share | $0.00 | |
| Preferred shares, authorized | 1.0M shares | |
| Ordinary shares, par value | $0.00 | |
| Ordinary shares, authorized | 50.0M shares | |
| Ordinary shares, issued | 5.8M shares | 5.8M shares |
| Ordinary shares, outstanding | 5.8M shares | 5.8M shares |
| Period ending | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Cash | $432 | |
| Prepaid expenses | $25.0K | |
| Total current assets | $25.4K | |
| Deferred offering costs | $339.2K | $15.0K |
| TOTAL ASSETS | $364.7K | $15.0K |
| Accrued expenses | $53.6K | $1.3K |
| Accrued offering costs | $172.8K | |
| Due to Sponsor | $11.9K | |
| TOTAL LIABILITIES | $538.3K | $16.3K |
| Ordinary share, value | $575 | $575 |
| Stock subscription receivable | -$25.0K | |
| Additional paid-in capital | $31.4K | $24.4K |
| Accumulated deficit | -$205.7K | -$1.3K |
| TOTAL SHAREHOLDERS DEFICIT | -$173.7K | -$1.3K |
| TOTAL LIABILITIES AND SHAREHOLDERS DEFICIT | $364.7K | $15.0K |
| Preferred shares, par value per share | $0.00 | |
| Preferred shares, authorized | 1.0M shares | |
| Ordinary shares, par value | $0.00 | |
| Ordinary shares, authorized | 50.0M shares | |
| Ordinary shares, issued | 5.8M shares | 5.8M shares |
| Ordinary shares, outstanding | 5.8M shares | 5.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-11-30 |
|---|---|
| Net Income (Loss) | -$204.4K |
| Payment of general and administrative costs through advances from Sponsor | $27.3K |
| Payment of general and administrative costs by Sponsor in exchange for issuance of ordinary shares | $7.0K |
| Prepaid expenses | -$25.0K |
| Accrued expenses | $52.3K |
| Net cash used in operating activities | -$142.8K |
| Collection of share subscription receivable | $25.0K |
| Proceeds from promissory note related party | $285.0K |
| Repayment of advances from related party | -$15.4K |
| Payment of offering costs | -$151.4K |
| Net cash provided by financing activities | $143.2K |
| Net Change in Cash | $432 |
| Offering costs included in accrued offering costs | $172.8K |
No quarter-by-quarter statement was filed.
Compare Iron Horse Acquisition II Corp. with another company
Corporate structure
Iron Horse Acquisition II Corp. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Iron Horse Acquisition II Corp.
- MMCAP International Inc. SPC Filed SCHEDULE 13G/A on Iron Horse Acquisition II Corp., latest May 11, 2026 (3 filings since Dec 19, 2025)
- LMR Partners LLP Filed SCHEDULE 13G on Iron Horse Acquisition II Corp., latest Feb 17, 2026
- Magnetar Financial LLC Filed SCHEDULE 13G on Iron Horse Acquisition II Corp., latest Feb 17, 2026
- IRHO SPAC Sponsor LLC Filed SCHEDULE 13D on Iron Horse Acquisition II Corp., latest Jan 16, 2026
- Linden Capital L.P. Filed SCHEDULE 13G on Iron Horse Acquisition II Corp., latest Dec 23, 2025
- Iron Horse Acquisition II Corp. Boca Raton, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Iron Horse Acquisition II Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Properties, in its own words
We maintain our principal executive office at 851 Broken Sound Parkway Nw Boca Raton, FL 33487, Suite 230. We consider our current office space adequate for our current operations.
Item 2 of the 10-K filed Feb 13, 2026.3
Leadership
Who has led Iron Horse Acquisition II Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerJose Antonio Bengochea Dec 16, 2025 to now7
- ChairJose Antonio Bengochea Dec 16, 2025 to now7
- Chief financial officerWilliam J. Caragol Dec 16, 2025 to now8
Board members and other officers (4)
- Board memberThayer Wade Apr 10, 2026 to now9
- Board memberGomez Melissa De Assis Escobar Dec 16, 2025 to now10
- Board memberTarron William Hecox Dec 16, 2025 to now11
- Board memberWilliam J. Caragol Dec 16, 2025 to now8
Former names
Timeline
- Oct 13, 20268-K Regulation FD disclosure12
- Oct 9, 20268-K Regulation FD disclosure13
- Sep 30, 20268-K Regulation FD disclosure14
- Sep 22, 20268-K Regulation FD disclosure15
- Sep 1, 20268-K Regulation FD disclosure16
- Aug 31, 20268-K Regulation FD disclosure17
- Aug 25, 20268-K Regulation FD disclosure18
- Aug 18, 20268-K Regulation FD disclosure19
- Aug 4, 20268-K Regulation FD disclosure20
- Jul 30, 20268-K Regulation FD disclosure21
- Jul 29, 20268-K Regulation FD disclosure22
- Jun 2, 20268-K Regulation FD disclosure23
- Dec 16, 2025New chief executive Jose Antonio Bengochea becomes CEO7
Filings
66 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 20 major events, 7 insider forms, 7 large holders, 28 other. The latest 20:
- Oct 13, 2026425 CURRENT REPORT EDGAR
- Oct 13, 20268-K CURRENT REPORT EDGAR
- Oct 9, 202610-Q QUARTERLY REPORT EDGAR
- Oct 9, 2026425 CURRENT REPORT EDGAR
- Oct 9, 20268-K CURRENT REPORT EDGAR
- Sep 30, 2026425 CURRENT REPORT EDGAR
- Sep 30, 20268-K CURRENT REPORT EDGAR
- Sep 22, 2026425 CURRENT REPORT EDGAR
- Sep 22, 20268-K CURRENT REPORT EDGAR
- Sep 1, 2026425 CURRENT REPORT EDGAR
- Sep 1, 20268-K CURRENT REPORT EDGAR
- Aug 31, 2026425 CURRENT REPORT EDGAR
- Aug 31, 20268-K CURRENT REPORT EDGAR
- Aug 25, 2026425 CURRENT REPORT EDGAR
- Aug 25, 20268-K CURRENT REPORT EDGAR
- Aug 18, 2026425 CURRENT REPORT EDGAR
- Aug 18, 20268-K CURRENT REPORT EDGAR
- Aug 4, 2026425 CURRENT REPORT EDGAR
- Aug 4, 20268-K CURRENT REPORT EDGAR
- Jul 30, 2026425 CURRENT REPORT EDGAR
The 66 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- MMCAP International Inc. SPCSCHEDULE 13G/A, 3 filings Dec 19, 2025 to May 11, 202624
- LMR Partners LLPSCHEDULE 13G, 1 filing Feb 17, 202625
- Magnetar Financial LLCSCHEDULE 13G, 1 filing Feb 17, 202626
- IRHO SPAC Sponsor LLCSCHEDULE 13D, 1 filing Jan 16, 202627
- Linden Capital L.P.SCHEDULE 13G, 1 filing Dec 23, 202528
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 52. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Iron Horse Acquisition II Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARIron Horse Acquisition II Corp.1
- CIK0002051985
- Employer ID (EIN)98-18853623
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inCayman Islands3
- Fiscal year endsNovember 301
- Industry code (SIC)7389 Services-Business Services, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address851 Broken Sound Parkway Nw, Suite 230, Boca Raton, FL 334871
- Phone310-290-53831
- Shares outstanding29,320,000 as of Oct 9, 20266
- Public float$0 as of Jun 30, 20254
- AuditorMaloneBailey, LLP, Houston, Texas PCAOB ID 206; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceJan 17, 20251
- Filings66 in all: 8-K (20), 425 (16), 3 (7), S-1/A (6), SCHEDULE 13G (4), 10-Q (3), SCHEDULE 13G/A (2), 10-K (1)1
All 15 form types
424B4 (1), 8-A12B (1), CERT (1), EFFECT (1), S-1 (1), S-4 (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (10-K) Feb 13, 2026
Quarterly report (10-Q) Oct 9, 2026
Latest 8-K (8-K) Oct 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one ordinary share and one right | IRHOU | The Nasdaq Stock Market, LLC |
| Ordinary Share, par value $0.0001 per share | IRHO | The Nasdaq Stock Market, LLC |
| Right-each right entitles the holder thereof to receive one-tenth (1/10) of an ordinary share | IRHOR | The Nasdaq Stock Market, LLC |
From the cover page of the 10-K filed Feb 13, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks Iron Horse Acquisition II Corp. names in Item 1A of its 10-K filed Feb 13, 2026: 65 risks under these headings, as written.3
- Risks Relating to Searching for and Consummating a Business Combination
- If we are unable to consummate a business combination, our public shareholders may be forced to wait more than 24 months before receiving distributions from the trust account, and our rights will expire worthless.
- The requirement that we complete an initial business combination within 24 months from the closing of the IPO may give potential target businesses leverage over us in negotiating a business combination.
- Our public shareholders may not be afforded an opportunity to vote on our proposed business combination.
- If we seek shareholder approval of our initial business combination, our initial shareholders will control a substantial interest in us and thus may influence certain actions requiring a shareholder vote.
- If we determine to change our acquisition criteria or guidelines, many of the disclosures contained in the IPO would not be applicable and you would be investing in our company without any basis on which to evaluate the potential target business we may acquire.
- We may not be able to complete an initial business combination because such initial business combination may be subject to regulatory review and approval requirements, including foreign investment regulations and review by government entities such as the Committee on Foreign Investment in the United States (“CFIUS”), or may be ultimately prohibited.
- Since we have not yet selected a particular industry or target business with which to complete a business combination, we are unable to currently ascertain the merits or risks of the industry or business in which we may ultimately operate.
- The ability of our shareholders to exercise their redemption rights or sell their shares to us in a tender offer may not allow us to effectuate the most desirable business combination or optimize our capital structure.
- In connection with any vote to approve a business combination, we will offer each public shareholder the option to vote in favor of a proposed business combination and still seek redemption of his, her or its shares.
- We do not have a specified maximum redemption threshold. The absence of such a redemption threshold may make it easier for us to consummate a business combination even where a substantial number of public shareholders seek to redeem their shares to cash in connection with the vote on the business combination.
- In connection with any shareholder meeting called to approve a proposed initial business combination, we may require shareholders who wish to redeem their shares in connection with a proposed business combination to comply with specific requirements for redemption that may make it more difficult for them to exercise their redemption rights prior to the deadline for exercising their rights.
The other 54 risks
- If, in connection with any shareholder meeting called to approve a proposed business combination, we require public shareholders who wish to redeem their shares to comply with specific requirements for redemption, such redeeming shareholders may be unable to sell their securities when they wish to in the event that the proposed business combination is not approved.
- Because of our structure, other companies may have a competitive advantage and we may not be able to consummate an attractive business combination.
- Because we must furnish our shareholders with target business financial statements prepared in accordance with U.S. generally accepted accounting principles or international financial reporting standards, we will not be able to complete a business combination with prospective target businesses unless their financial statements are prepared in accordance with U.S. generally accepted accounting principles or international financial reporting standards.
- We may issue shares or debt securities to complete a business combination, which would reduce the equity interest of our shareholders and likely cause a change in control of our ownership.
- We may be unable to obtain additional financing, if required, to complete a business combination or to fund the operations and growth of the target business, which could compel us to restructure or abandon a particular business combination.
- If the net proceeds of the IPO not being held in trust are insufficient to allow us to operate for at least the next 24 months, we may be unable to complete a business combination.
- We may not obtain a fairness opinion with respect to the target business that we seek to acquire and therefore you may be relying solely on the judgment of our Board of Directors in approving a proposed business combination.
- Resources could be spent researching acquisitions that are not consummated, which could materially adversely affect subsequent attempts to locate and acquire or merge with another business.
- We may only be able to complete one business combination with the proceeds of the IPO, which will cause us to be solely dependent on a single business which may have a limited number of products or services.
- Our search for an initial business combination, and any target business with which we ultimately consummate an initial business combination, may be materially adversely affected by significant current and future events, such as public health concerns, the war in Ukraine, rising interest rates, ongoing market turbulence and the status of debt and equity markets.
- As the number of special purpose acquisition companies evaluating targets increases, attractive targets may become scarcer and there may be more competition for attractive targets. This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination.
- Changes in the market for directors and officers liability insurance could make it more difficult and more expensive for us to negotiate and complete an initial business combination.
- Changes in international trade policies, tariffs and treaties affecting imports and exports may have a material adverse effect on our search for an initial business combination target or the performance or business prospects of a post-business combination company.
- If we are classified as a passive foreign investment company, United States taxpayers who own our Ordinary Shares may have adverse United States federal income tax consequences.
- We may not be able to complete our initial business combination within the completion window, in which case we would redeem our public shares.
- We may decide not to extend the term we have to consummate our initial business combination, in which case we would redeem our public shares, and the rights may be worthless.
- Risks Relating to the Post-Business Combination Company
- Our ability to successfully effect a business combination and to be successful thereafter will be totally dependent upon the efforts of our key personnel, some of whom may join us following a business combination. While we intend to closely scrutinize any individuals we engage after a business combination, we cannot assure you that our assessment of these individuals will prove to be correct.
- Our officers and directors may not have significant experience or knowledge regarding the jurisdiction or industry of the target business we may seek to acquire.
- If we do not conduct an adequate due diligence investigation of a target business, we may be required to subsequently take write-downs or write-offs, restructuring, and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and our share price, which could cause you to lose some or all of your investment.
- If we effect our initial business combination with a company located outside of the United States, we would be subject to a variety of additional risks that may adversely affect us.
- If we acquire a company operating in the M&E industry, our future operations may be subject to risks associated with this sector.
- There may be tax consequences to our business combinations that may adversely affect us.
- Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination, and results of operations.
- If our initial business combination involves a company organized under the laws of the United States (or any subdivision thereof), a U.S. federal excise tax could be imposed on us in connection with any redemptions of our ordinary shares after or in connection with such initial business combination.
- Risks Relating to Potential Conflicts of Interest of our Management, Directors, and Others
- Our officers and directors will allocate their time to other businesses thereby causing conflicts of interest in their determination as to how much time to devote to our affairs. This could have a negative impact on our ability to consummate a business combination.
- Our officers and directors may have a conflict of interest in determining whether a particular target business is appropriate for a business combination.
- Our officers and directors or their affiliates have pre-existing fiduciary and contractual obligations and may in the future become affiliated with other entities engaged in business activities similar to those intended to be conducted by us. Accordingly, they may have conflicts of interest in determining to which entity a particular business opportunity should be presented.
- Our officers, directors, security holders and their respective affiliates may have competitive pecuniary interests that conflict with our interests.
- Our management may negotiate employment or consulting agreements with a target business in connection with a particular business combination. These agreements may provide for them to receive compensation following a business combination and as a result, may cause them to have conflicts of interest in determining whether a particular business combination is the most advantageous.
- Risks Relating to our Securities
- If third parties bring claims against us, the proceeds held in trust could be reduced and the per-share redemption price received by shareholders may be less than $10.00.
- Our shareholders may be held liable for claims by third parties against us to the extent of distributions received by them.
- We may not hold an annual general meeting until after the consummation of our initial business combination, which could delay the opportunity for our public shareholders to discuss company affairs with management.
- Members of our management team, board of directors and advisors have significant experience as founders, board members, officers, executives or employees of other companies. Certain of those persons have been, are currently, or may become, involved in litigation, investigations or other proceedings, including related to those companies or otherwise. This may have an adverse effect on us, which may impede our ability to consummate an initial business combination.
- Members of our management team, board of directors and advisors and affiliated companies may have been, and may in the future be, involved in civil disputes or governmental investigations unrelated to our business.
- Our directors may decide not to enforce IRHO SPAC Sponsor LLC’s indemnification obligations, resulting in a reduction in the amount of funds in the trust account available for distribution to our public shareholders.
- The securities in which we may invest the funds held in the trust account could bear a negative rate of interest, which could reduce the value of the assets held in trust such that the per-share redemption amount received by public shareholders may be less than $10.00 per share.
- There is currently no market for our securities and a market for our securities may not develop, which would adversely affect the liquidity and price of our securities.
- We may issue our shares to investors in connection with our initial business combination at a price that is less than the prevailing market price of our shares at that time.
- NASDAQ may delist our securities from quotation on its exchange which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.
- Our initial shareholders paid a nominal price for the Founders Shares and, accordingly, you will experience immediate and substantial dilution from the purchase of our ordinary shares.
- Our initial shareholders paid an aggregate of $32,000 for the Founders Shares, or approximately $0.0056 per share. As a result, our initial shareholders stand to make a substantial profit even if an initial business combination subsequently declines in value or is unprofitable for our public shareholders, and may have an incentive to recommend such an initial business combination to our shareholders.
- If the non-managing sponsor investors purchase a substantial number of the units in the IPO, it could reduce the trading volume, volatility and liquidity for our shares, adversely affect the trading price of our shares and, further, may present a conflict of interest for such non-managing sponsor investors in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination.
- If our security holders exercise their registration rights, it may have an adverse effect on the market price of our ordinary shares and the existence of these rights may make it more difficult to effect a business combination.
- The determination for the offering price of our units is more arbitrary than the pricing of securities for an operating company in a particular industry.
- Because we are incorporated under the laws of the Cayman Islands, you may face difficulties in protecting your interests, and your ability to protect your rights through the U.S. Federal courts may be limited. As a result, it may be difficult for investors to effect service of process within the United States upon our directors or officers, or enforce judgments obtained in the United States courts against our directors or officers.
- Provisions in our amended and restated memorandum and articles of association and Cayman Islands law may inhibit a takeover of us, which could limit the price investors might be willing to pay in the future for our ordinary shares and could entrench management.
- Our amended and restated memorandum and articles of association provides the courts of the Cayman Islands will be the exclusive forums for certain disputes between us and our shareholders, which could limit our shareholders’ ability to obtain a favorable judicial forum for complaints against us or our directors, officers or employees.
- General Risks
- Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.”
- You will not be entitled to protections normally afforded to investors of blank check companies.
- Macro-economic turbulence and instability relating to recent and ongoing global conflicts and other drivers of uncertainty may adversely affect our business, investments and results of operations and our ability to successfully consummate a business combination.
- Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, investments and results of operations.
- We are an “emerging growth company” and “smaller reporting company” and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies and smaller reporting companies will make our ordinary shares less attractive to investors.
- If we are deemed to be an investment company, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to complete a business combination.
- Compliance with the Sarbanes-Oxley Act of 2002 will require substantial financial and management resources and may increase the time and costs of completing an acquisition.
Legal proceedings
To the knowledge of management, there is no material litigation, arbitration or governmental proceeding currently pending against us, any of our officers or directors in their capacity as such or against any of our property.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 6
- 7
- 8
- 9SEC EDGARThayer Wade, Board member
- 10
- 11SEC EDGARTarron William Hecox, Board member
- 12SEC EDGARRegulation FD disclosure
- 13SEC EDGARRegulation FD disclosure
- 14SEC EDGARRegulation FD disclosure
- 15SEC EDGARRegulation FD disclosure
- 16SEC EDGARRegulation FD disclosure
- 17SEC EDGARRegulation FD disclosure
- 18SEC EDGARRegulation FD disclosure
- 19SEC EDGARRegulation FD disclosure
- 20SEC EDGARRegulation FD disclosure
- 21SEC EDGARRegulation FD disclosure
- 22SEC EDGARRegulation FD disclosure
- 23SEC EDGARRegulation FD disclosure
- 24
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- 26
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- 28