Iron Horse Acquisitions Corp. II Rights

Iron Horse Acquisitions Corp. II Units (IRHOU) reported a net loss of $204K for fiscal year 2025 ending November 30, 2025, with no revenue generated during the period. The company's operations resulted in a loss from operations of $204K, driven entirely by general and administrative costs of $204K. The balance sheet shows total assets of $365K, consisting primarily of deferred offering costs ($339K) and current assets ($25K), while liabilities total $538K, including a $300K promissory note from a related party, resulting in a shareholder's deficit of $174K. Cash flow from operations was negative $143K, offset by $143K in financing activities, leaving cash of $432 at period end. As a special purpose acquisition company (SPAC), the company's performance reflects pre-business combination activities with no year-over-year comparisons available in this initial filing.

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