Iron Horse Acquisition II Corp. (IRHO)
Iron Horse Acquisition II Corp. (IRHO)
| Cash Flow | 2026-05-31 | 2026-02-28 |
|---|---|---|
| Net income (loss) | 1,301,099 | 1,358,897 |
| Interest earned on cash and investments held in trust account | 2,074,592 | 1,636,856 |
| Notes receivable | 255,000 | - |
| Prepaid expenses | -31,569 | 178,108 |
| Long-term prepaid insurance | -21,000 | 66,613 |
| Accounts payable and accrued expenses | -26,914 | 49,192 |
| Due to sponsor | 0 | 362 |
| Deferred legal fee | -331,571 | - |
| Net cash used in operating activities | -671,267 | -473,126 |
| Investment of cash in trust account | 0 | 230,000,000 |
| Cash withdrawn from trust account for working capital purposes | 0 | 175,000 |
| Net cash used in investing activities | 0 | -229,825,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 0 | 226,000,000 |
| Proceeds from sale of private placement units | 0 | 5,700,000 |
| Repayment of promissory note - related party | 0 | 300,000 |
| Repayment of advances from related party | 0 | 17,414 |
| Payment of offering costs | 0 | 366,792 |
| Net cash provided by financing activities | 0 | 231,015,794 |
| Net change in cash | -671,267 | 717,668 |
| Cash beginning of period | 718,100 | 432 |
| Cash end of period | 46,833 | 718,100 |