IonQ CRO Alameddine Rima sells $4.6m in shares
Integrated Rail & Resources Acquisition Corp. (OTC Pink:IRRXU, IRRX, IRRXW) announced Friday that it has amended its certificate of incorporation to extend the deadline for completing its initial business combination from September 15, 2025, to December 31, 2025. The amendment was filed with the Secretary of State of Delaware following approval by both the company’s board of directors and a majority of Class A common stockholders.
The decision was made at a special meeting of stockholders held Monday, where holders of 4,382,268 shares—approximately 75.88% of the company’s outstanding Class A common stock—were present in person or by proxy. Stockholders voted in favor of the extension proposal, with 4,382,266 votes for, 2 votes against, and no abstentions.
As part of the extension, the company or its sponsor is required to deposit $1.00 into the trust account established in connection with its initial public offering for the extension period. The filing states that the sponsor made and will make the required extension payment on or before each applicable deadline date.
In connection with the special meeting, stockholders holding an aggregate of 11 shares of Class A common stock exercised their right to redeem their shares for a pro rata portion of the funds held in the trust account.
Integrated Rail & Resources Acquisition Corp. is a blank check company incorporated in Delaware. Its securities are traded on the OTC Pink market under the symbols IRRXU (units), IRRX (Class A common stock), and IRRXW (warrants).
This article is based on a press release statement contained in the company’s recent SEC filing.
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