Iron Horse Acquisition II swings to Q2 FY26 net income of $1.3 million; Q2 FY26 interest income rises to $2.07 million
Iron Horse Acquisitions II Corp. IRHO | 0.00 |
- Iron Horse Acquisition II posted net income of $1.3 million for the three months ended May 31, 2026, versus a net loss of $23,187 a year earlier.
- Interest income from the Trust Account totaled $2.07 million, offset by $773,493 of general, formation and operational costs.
- For the six months ended May 31, 2026, net income was $2.66 million, swinging from a $95,857 loss a year earlier.
- Cash and investments in the Trust Account were $233.54 million at May 31, 2026, while cash outside the Trust Account was $46,833.
- Management said it lacks liquidity to sustain operations for at least one year, raising substantial doubt about going-concern status absent a business combination.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iron Horse Acquisition II Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-077587), on July 13, 2026, and is solely responsible for the information contained therein.
