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IRRX: Integrated Rail and Resources Acquisition Corp. Extends Business Combination Timeline to December 15, 2023. The company, a blank check company, intends to focus on natural resources, railroads, and/or railroad logistics. DHIP Natural Resources Investments, LLC, the sponsor, notified the Company of the extension. This press release is not an offer to sell or buy securities.
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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 November 15, 2023, that the Company intends to extend the time available in order to consummate a business combination from November 15, 2023 to December 15, 2023.
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.
Source: Integrated Rail and Resources Acquisition Corp.
FAQ
What is the purpose of Integrated Rail and Resources Acquisition Corp. (IRRX)?
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.
What is the focus of IRRX's business search?
IRRX intends to focus its search on natural resources, railroads and/or railroad logistics companies, or any combinations thereof.
Who notified IRRX of the extension of the business combination timeline?
DHIP Natural Resources Investments, LLC, the sponsor, notified the Company of the extension.
Is this press release an offer to sell or buy securities?
No, this press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
