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Integrated Rail & Resources Acquisition Corp. (OTC Pink:IRRXU, IRRX, IRRXW) has amended its charter to extend the deadline for completing an initial business combination from July 15, 2025 to August 15, 2025. The extension was approved Tuesday following a special meeting of stockholders and the unanimous consent of the company’s board of directors, according to a statement based on a SEC filing.
The amendment allows the company, a special purpose acquisition company (SPAC), to further extend the deadline by an additional one month, to September 15, 2025, without another stockholder vote. This further extension can be enacted by board resolution if requested by the SPAC’s sponsor, provided that an extension payment is deposited into the company’s trust account on or before the applicable deadline.
At the special meeting, holders of 4,382,381 shares of Class A common stock were present in person or by proxy, representing approximately 75.88% of the voting power as of the July 2, 2025 record date. The proposal to amend the charter and extend the deadline received 4,382,377 votes in favor, 2 votes against, and 2 abstentions.
No stockholders exercised their right to redeem shares for a pro rata portion of the funds in the trust account in connection with the extension.
The company’s securities, including units, Class A common stock, and warrants, are quoted on the OTC Pink market under the symbols IRRXU, IRRX, and IRRXW, respectively.
This article is based on a press release statement and information from a Form 8-K filing with the Securities and Exchange Commission.
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