IRHO · Iron Horse Acquisitions II Corp. Common Stock

Iron Horse Acquisition II Corp. (Nasdaq: IRHO) filed an updated investor presentation on May 11, 2026, in connection with its previously announced business combination with Electra Vehicles, Inc. The transaction, valued at over $250 million including earn-out targets, was unanimously approved by both boards. The combined company will be named ELECTRA AI and is expected to trade on Nasdaq under the ticker 'AIBR', positioning it as the first publicly traded pure-play AI battery intelligence company. Electra's platform, rooted in NASA-derived research, boasts 20 issued and pending patents, 1 GWh of batteries under control, and a 5.3 TWh pipeline across energy infrastructure, mobility, and advanced battery applications. The S-4 registration statement is anticipated to be filed by week's end, signaling significant progress toward closing in the second half of 2026. The investor presentation and press release are furnished as exhibits to this 8-K, providing investors with detailed information on Electra's technology, market opportunity, and financial projections. This update is material as it advances a transformative SPAC merger in the high-growth AI-driven cleantech sector.