Integrated Rail and Resources Acquisition Corp. Announces Extension

Rhea-AI Summary

Integrated Rail and Resources Acquisition Corp. (IRRX) received notice of an extension for a business combination, focusing on natural resources, railroads, and railroad logistics companies. 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.

WINTER PARK, Fla.--(BUSINESS WIRE)-- Pursuant to the Investment Management Trust Agreement between Integrated Rail and Resources Acquisition Corp. (NYSE: IRRX) (“Company”) and American Stock Transfer & Trust Company, LLC, dated as of November 11, 2021, as amended on February 8, 2023 (the “Trust Agreement”), the Company received notice from the Company’s sponsor, DHIP Natural Resources Investments, LLC, at least five (5) days prior to December 15, 2023, that the Company intends to extend the time available in order to consummate a business combination from December 15, 2023 to January 15, 2024.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231211728687/en/

William Lane

wlane@dhipgroup.com

Source: Integrated Rail and Resources Acquisition Corp.

FAQ

What is the purpose of Integrated Rail and Resources Acquisition Corp. (IRRX)?

IRRX is a blank check company formed for the purpose of effecting a business combination with one or more businesses.

What industries does Integrated Rail and Resources Acquisition Corp. (IRRX) focus on?

IRRX intends to focus its search on natural resources, railroads, and railroad logistics companies.

What was the extension notice received by Integrated Rail and Resources Acquisition Corp. (IRRX)?

The company received notice of an extension to consummate a business combination from December 15, 2023, to January 15, 2024.

Is Integrated Rail and Resources Acquisition Corp. (IRRX) making any offers to sell securities?

No, this press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

How will Integrated Rail and Resources Acquisition Corp. (IRRX) make offers to sell 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.

Who issued the announcement regarding Integrated Rail and Resources Acquisition Corp. (IRRX)?

The announcement was issued by William Lane, contactable at wlane@dhipgroup.com.