Iron Horse and Electra AI File S-4 Amendment for Nasdaq Listing

Iron Horse Acquisition II Corp. (Nasdaq: IRHO) and Electra Vehicles, Inc. (ELECTRA AI) announced on November 10, 2026, that they have filed Amendment No. 1 to a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC). The filing is in connection with the proposed business combination between the two companies, which was originally agreed upon in a Merger Agreement dated April 21, 2026, and amended on May 14, 2026.

The updated S-4 registration statement includes responses to comments from the SEC staff and contains Electra’s unaudited condensed consolidated financial statements for the six months ended June 30, 2026. It also features updated information regarding Electra’s business, market opportunities, and the business combination itself.

According to the companies, upon the closing of the transaction, the combined entity is expected to operate as ELECTRA AI, Inc. The Class A common stock of the combined company is projected to be listed on the Nasdaq Stock Market under the proposed ticker symbol “AIBR,” subject to the approval of its listing application.

The business combination is anticipated to close in the first quarter of 2027. This timeline is contingent upon the Registration Statement being declared effective by the SEC, approval from Iron Horse’s shareholders and Electra’s stockholders, and the satisfaction or waiver of other customary closing conditions.

In a separate announcement, Electra disclosed that it has raised approximately $5 million in bridge financing. The company stated that these funds will support its commercial execution across electric mobility, energy storage, and mission-critical battery systems as the parties work toward the closing of the business combination.

Iron Horse Acquisition II Corp. is a special purpose acquisition company that completed its initial public offering in December 2025, raising gross proceeds of approximately $230 million. The company was formed to effect a merger or similar business combination with a target in the AI, media, and technology sectors.