STOCK TITAN

Integrated Rail and Resources Acquisition Corp. Announces Extension

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)

Integrated Rail and Resources Acquisition Corp (IRRX) has announced an extension of its deadline to complete a business combination. The company's sponsor, DHIP Natural Resources Investments, has notified of plans to extend the completion timeline from March 15, 2025, to April 15, 2025.

IRRX, a blank check company based in Winter Park, Florida, was established to execute a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company's primary focus is on targeting businesses in:

  • Natural resources
  • Railroad operations
  • Railroad logistics
  • Or combinations of these sectors

The extension notice was filed in accordance with the Investment Management Trust Agreement, which was originally dated November 11, 2021, and amended on February 8, 2024.

Integrated Rail and Resources Acquisition Corp (IRRX) ha annunciato un'estensione della scadenza per completare una combinazione aziendale. Lo sponsor della società, DHIP Natural Resources Investments, ha comunicato piani per estendere il termine di completamento da 15 marzo 2025 a 15 aprile 2025.

IRRX, una società di blank check con sede a Winter Park, Florida, è stata creata per eseguire una fusione, uno scambio di azioni, un'acquisizione di attivi, un acquisto di azioni, una riorganizzazione o una combinazione aziendale simile. L'obiettivo principale della società è quello di mirare a imprese nei seguenti settori:

  • Risorse naturali
  • Operazioni ferroviarie
  • Logistica ferroviaria
  • O combinazioni di questi settori

Il preavviso di estensione è stato presentato in conformità con l'Investment Management Trust Agreement, datato originariamente 11 novembre 2021, e modificato l'8 febbraio 2024.

Integrated Rail and Resources Acquisition Corp (IRRX) ha anunciado una extensión de su plazo para completar una combinación empresarial. El patrocinador de la empresa, DHIP Natural Resources Investments, ha notificado planes para extender el plazo de finalización de 15 de marzo de 2025 a 15 de abril de 2025.

IRRX, una empresa de cheque en blanco con sede en Winter Park, Florida, fue establecida para llevar a cabo una fusión, un intercambio de acciones, adquisición de activos, compra de acciones, reorganización o una combinación empresarial similar. El enfoque principal de la empresa es dirigirse a negocios en:

  • Recursos naturales
  • Operaciones ferroviarias
  • Logística ferroviaria
  • O combinaciones de estos sectores

El aviso de extensión fue presentado de acuerdo con el Investment Management Trust Agreement, que fue fechado originalmente el 11 de noviembre de 2021 y enmendado el 8 de febrero de 2024.

Integrated Rail and Resources Acquisition Corp (IRRX)는 사업 결합을 완료하기 위한 마감일 연장을 발표했습니다. 회사의 후원자인 DHIP Natural Resources Investments는 완료 일정을 2025년 3월 15일에서 2025년 4월 15일로 연장할 계획을 통지했습니다.

플로리다주 윈터 파크에 본사를 둔 빈 체크 회사 IRRX는 합병, 주식 교환, 자산 인수, 주식 구매, 재조직 또는 유사한 사업 결합을 수행하기 위해 설립되었습니다. 회사의 주요 초점은 다음 분야의 기업을 대상으로 하는 것입니다:

  • 자원
  • 철도 운영
  • 철도 물류
  • 또는 이러한 분야의 조합

연장 통지는 원래 2021년 11월 11일에 작성된 Investment Management Trust Agreement에 따라 제출되었으며, 2024년 2월 8일에 수정되었습니다.

Integrated Rail and Resources Acquisition Corp (IRRX) a annoncé une prolongation de son délai pour finaliser une combinaison d'entreprises. Le sponsor de la société, DHIP Natural Resources Investments, a notifié des plans pour prolonger le délai de finalisation de 15 mars 2025 au 15 avril 2025.

IRRX, une société de chèque en blanc basée à Winter Park, en Floride, a été créée pour réaliser une fusion, un échange d'actions, une acquisition d'actifs, un achat d'actions, une réorganisation ou une combinaison d'entreprises similaire. L'objectif principal de la société est de cibler des entreprises dans :

  • Ressources naturelles
  • Opérations ferroviaires
  • Logistique ferroviaire
  • Ou des combinaisons de ces secteurs

Le préavis de prolongation a été déposé conformément à l'Investment Management Trust Agreement, qui a été daté à l'origine du 11 novembre 2021 et modifié le 8 février 2024.

Integrated Rail and Resources Acquisition Corp (IRRX) hat eine Verlängerung seiner Frist zur Durchführung einer Unternehmenszusammenschluss angekündigt. Der Sponsor des Unternehmens, DHIP Natural Resources Investments, hat Pläne zur Verlängerung des Abschlusszeitraums von 15. März 2025 auf 15. April 2025 mitgeteilt.

IRRX, ein Blank-Check-Unternehmen mit Sitz in Winter Park, Florida, wurde gegründet, um eine Fusion, einen Aktientausch, eine Vermögensübernahme, einen Aktienkauf, eine Umstrukturierung oder eine ähnliche Unternehmenszusammenschluss durchzuführen. Der Schwerpunkt des Unternehmens liegt auf der Zielsetzung von Unternehmen in:

  • Rohstoffen
  • Eisenbahnbetrieb
  • Eisenbahndienstleistungen
  • Oder Kombinationen dieser Sektoren

Die Verlängerungsmitteilung wurde gemäß dem Investment Management Trust Agreement eingereicht, das ursprünglich am 11. November 2021 datiert und am 8. Februar 2024 geändert wurde.

Positive
  • None.
Negative
  • None.

WINTER PARK, Fla., March 11, 2025 (GLOBE NEWSWIRE) -- Pursuant to the Investment Management Trust Agreement between Integrated Rail and Resources Acquisition Corp. (the “Company”) and American Stock Transfer & Trust Company, LLC, dated as of November 11, 2021, as amended on February 8, 2024, the Company received notice from the Company’s sponsor, DHIP Natural Resources Investments, LLC, that the Company intends to extend the time available in order to consummate a business combination from March 15, 2025 to April 15, 2025.

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on natural resources, railroads and/or railroad logistics companies, or any combinations thereof.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.


Contact: William Savery
wsavery@dhipgroup.com


FAQ

What is the new deadline for IRRX to complete its business combination?

IRRX's deadline has been extended to April 15, 2025, from the previous date of March 15, 2025.

What industries is IRRX targeting for its business combination?

IRRX is focusing on natural resources, railroads, railroad logistics companies, or combinations of these sectors.

When was IRRX's Investment Management Trust Agreement last amended?

The Investment Management Trust Agreement was last amended on February 8, 2024.

How long is the extension period granted to IRRX for completing its business combination?

The extension period is one month, from March 15, 2025, to April 15, 2025.

What types of business combinations is IRRX authorized to pursue?

IRRX can pursue mergers, share exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations.
INTEGRATED RAIL AND RES ACQ

OTC:IRRX

IRRX Rankings

IRRX Latest News

IRRX Stock Data

76.73M
6.00M
9.46%
0.01%
Shell Companies
Financial Services
Link
United States
Winter Park