Integrated Rail Extends Merger Deadline

Deal News | Dec 12, 2024 | EIN

Integrated Rail Extends Merger Deadline

Integrated Rail and Resources Acquisition Corp., a blank-check company, has announced a deadline extension for completing a business combination. Originally set for December 15, 2024, the new deadline has been pushed to January 15, 2025. The extension follows notification from the company's sponsor, DHIP Natural Resources Investments, LLC. Integrated Rail aims to focus its business combination efforts on natural resources, railroads, and related logistics industries. This announcement does not constitute any offer or solicitation of securities and adheres to the Securities Act of 1933 guidelines.

Sectors

  • Natural Resources
  • Railroad Logistics
  • Financial Services

Geography

  • United States – The announcement was made by Integrated Rail and Resources Acquisition Corp., which is based in Winter Park, Florida, USA.

Industry

  • Natural Resources – The article mentions that Integrated Rail and Resources Acquisition Corp. focuses its business combination efforts on the natural resources industry.
  • Railroad Logistics – Integrated Rail and Resources Acquisition Corp. is looking to pursue business combinations within the railroad logistics sector.
  • Financial Services – As a blank check company formed to effect mergers or similar business combinations, Integrated Rail operates within the financial services industry.

Financials

  • Extension to January 15, 2025 – The extension of the deadline by which Integrated Rail and Resources Acquisition Corp. aims to complete a business combination.

Participants

NameRoleTypeDescription
Integrated Rail and Resources Acquisition Corp.Target CompanyCompanyA blank check company formed for the purpose of consummating a business combination in natural resources, railroads, and/or railroad logistics.
DHIP Natural Resources Investments, LLCSponsorCompanyThe sponsoring entity of Integrated Rail and Resources Acquisition Corp., responsible for providing notice of deadline extension.
American Stock Transfer & Trust Company, LLCTrusteeCompanyServes under the Investment Management Trust Agreement with Integrated Rail and Resources Acquisition Corp.